Punjab National Bank Safes (V3) ISI Marked to IS 550 (Q2) Procurement 2026 West Delhi
Bid Publish Date
29-Aug-2026, 6:30 pm
Bid End Date
19-Sep-2026, 6:00 pm
EMD
₹5,40,000
Value
₹2,70,00,000
Location
Progress
Tender Overview
Punjab National Bank invites bids for procurement and SITC of 30 Class A Gold Safes conforming to BIS IS 550 (Part-1): 2022 at multiple Delhi branches under CO: South Delhi. Estimated value is ₹27,000,000 with an EMD of ₹540,000. The scope includes supply, installation, commissioning and testing (SITC), with delivery to 30 listed branches across central and south Delhi. The tender enforces an option clause allowing up to 25% quantity variation at contracted rates and requires adherence to IS 550 classifications, internal volumes, and lock-key specifications as per Table 2. This non-trivial deployment spans densely networked branches, demanding precise logistics and现场 coordination.
- Organization: Punjab National Bank
- Location: West Delhi, Delhi - 110008
- Category: Safes (V3) ISI Marked to IS 550 (Q2)
- Delivery model: SITC across 30 branches
- Key differentiator: mandated Class A Gold Safe installation with BIS IS 550 compliance
- Unique aspect: extensive branch list with varied strongroom availability and guaranteed installation timelines
Technical Specifications & Requirements
- Standards: IS 550 (Part-1): 2022; ISI marking; BIS compliance
- Product classification: Safe as per Table 1 IS 550 (Class/Classification Code)
- Physical metrics: Gross Internal Volume (L) per Table 2; number of doors; number of lock keys per Table 2.x
- Locking: required lock keys per Safe as specified in Table 2.x
- Quantity & scope: SITC of 30 Class A Gold Safes at 30 branches listed in the ATC delivery clause
- Delivery & installation: SITC at each branch; coordination with branch facilities; installation testing at site
- Delivery timeline: standard delivery period; option to extend per clause; minimum 30 days for any additional time
- Contract framework: aligns with IS 550 requirements for safe construction, performance and security
- Warranty/aftercare: not explicitly stated here; ensure post-installation service as per ATC terms
Terms, Conditions & Eligibility
- EMD: ₹540,000 required with bid submission
- Estimated value: ₹2,70,00,000 for full SITC of 30 safes
- Delivery terms: SITC delivery; option to increase quantity up to 25% during contract; delivery periods linked to last delivery order date
- Documents: GST, PAN, experience certificates, financial statements, and technical bid documents per T&Cs
- Eligibility: BIS IS 550 (Part-1) 2022 compliance; ISI marking; prior installation of bank-grade safes preferred
- Penalties/penalty clauses: standard L/D for delays as per ATC; energy and safety compliance
- Payment terms: government banking procurement norms; specify milestone-based payment linked to SITC completion
- Warranty/AMC: terms not explicitly stated; bidders to confirm during bid submission
- Branch coordination: delivery to 30 branches across Delhi; branch readiness and timing must be aligned
Key Specifications
-
30 Class A Gold Safes to BIS IS 550 (Part-1): 2022
-
Gross Internal Volume as per Table 2 of IS 550 (L)
-
Number of doors and number of lock keys per Table 2
-
IS 550 classification code as per Table 1
Terms & Conditions
-
EMD ₹540,000 required; non-refundable on bid rejection
-
Delivery period linked to last order date; option to increase quantity up to 25%
-
SITC of 30 safes at 30 Delhi branches; BIS IS 550 (Part-1) 2022 compliance
Important Clauses
Payment Terms
Payment terms aligned to SITC milestones; exact percentages and schedule to be defined in ATC
Delivery Schedule
Delivery shall commence from the last date of the original delivery order; option extension per quantity variation
Penalties/Liquidated Damages
LD provisions for delays; not explicitly quantified here; refer to ATC for rates
Bidder Eligibility
-
Experience in SITC of ISI/BIS marked safes for banking institutions
-
Demonstrated capability to install at multiple branches in a single city
-
Financial stability with audited statements for last 3 years
Tender Data
Bid Details
Quantity
30
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
3 Days
Preference & Exemptions
EMD Required
Yes
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
135
OEM Avg. Turnover
1080
Past Performance
80 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Safes (V3) ISI Marked to IS 550 (Q2)
Advisory Bank
PUNJAB NATIONAL BANK
ePBG Percentage
3%
ePBG Duration (Months)
12
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Max Delivery Days
60
Delivery Locations
1
Delivery Cities
New Delhi
Delivery Pincodes
110066
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Gaurav Arya | 110066,1st Floor ,PNB Circle Office South Delhi, 07,Africa Avenue,Bhikaji Cama Place, Delhi | New Delhi | Delhi | 110066 | 30 | 60 | - |
Authority Records
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Documents 5
GeM-Bidding-9821462.pdf
Main Document
CATALOG-Specification-1
CATALOG Specification
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
1
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for prior SITC of BIS IS 550 safes
Financial statements for last 3 years
EMD payment document (online/DD as applicable)
Technical bid document demonstrating IS 550 compliance and ISI/BIS certification
OEM authorization/certifications for safes (if bidding as OEM/dealer)
Any relevant installation & commissioning certificates
Technical Specifications
1 Item
Item #1 Details
View Catalog| Category | Specification | Requirement |
|---|---|---|
| GENERAL REQUIREMENTS | Classification of Safes (as per Table 1 of IS 550 | Format: Class / Classification Code) | A / TRTL – 30 × 6 |
| GENERAL REQUIREMENTS | Number of Doors in Safe | Single Door |
| PHYSICAL REQUIREMENTS | Standard Size of Safe (Gross Internal Volume, in L) (As per Table 2 of IS 550) | 1030 (258 L) |
| PHYSICAL REQUIREMENTS | Gross Internal Volume (in L | As per table 2 of IS 550) | 258 |
| LOCKS | Number of lock keys on safe (as per point x (a) of Table 2) | 2 |
Frequently Asked Questions
Key insights about DELHI tender market
How to bid for IS 550 safes tender in Delhi 2026 by PNB?
Bidders must submit GST, PAN, experience certificates, financials, EMD ₹540,000 and a technical bid proving IS 550 (Part-1) 2022 BIS ISI compliance. Provide OEM authorizations if applicable and installation capabilities for SITC across 30 Delhi branches; ensure alignment with 25% quantity option terms.
What documents are required for Punjab National Bank safes procurement bid in Delhi?
Submit GST certificate, PAN, 3-year financial statements, bank statements, EMD payment proof, experience certificates for bank safe SITC, technical bid showing IS 550 compliance, BIS/ISI certifications, OEM authorization if required, and installation capability proof.
What are the technical specifications for safes under IS 550 in this tender?
Safes must conform to IS 550 (Part-1): 2022 with Class A Gold Safe designation; provide gross internal volume per Table 2 (litres), number of doors, and number of lock keys per Table 2; maintain ISI/BIS marking as per standard.
What is the EMD amount and how is it paid for this Delhi safes tender?
The bid requires an EMD of ₹540,000. Payment method should be as per tender terms (online or demand draft); EMD should be submitted along with bid submission to ensure bid validity and compliance with the Terms and Conditions.
When is SITC delivery expected for the 30 safes in Delhi branches?
Delivery schedule follows the last date of the original delivery order with an option to extend if quantity changes; minimum extension calculation is proportional to quantity variation and a minimum of 30 days is applied for additional time.
Which branches are included for the 30 safes delivery in Delhi?
Branch list includes startup BHIKAJI CAMA PLACE, NEW DELHI MUNIRKA, JANGPURA, PANCHSHEEL PARK, SAFDARJUNG AREA, SAKET, SAFDARJUNG ENCLAVE, BASANT LOK, C.R. PARK, HAUZ KHAS, NAUROJI NAGAR, GREATER KAILASH II, BATRA HOSPITAL, SARVODAYA ENCLAVE, MALVIYA NAGAR, KAILASH COLONY, MOHAN CO-OP ESTATE, KalkaJi Ext, CHIRAG, KHANPUR, KOTLA MUBARKPUR, BHOGAL, CONNAUGHT CIRCUS, NAGAL DEWAT, HAUZ KHAS Mehrauli road etc., as per ATC listing.
What are the penalties for delays in safes delivery for this tender?
Penalties follow ATC guidance on Liquidated Damages; exact LD rates are not specified here and will be clarified in the ATC. Vendors must plan for timely SITC across 30 branches and mitigate installation delays.
What standards and certifications must the supplier have for the Delhi safes procurement?
Suppliers must demonstrate IS 550 (Part-1): 2022 compliance with BIS IS 550 and ISI marking. OEM authorizations and certifications validating safe construction, security features, and branch installation experience should be included in the bid.