Bid Publish Date
02-Sep-2026, 7:16 pm
Bid End Date
12-Sep-2026, 8:00 pm
Location
Progress
The State Bank of India invites bids for ISI Marked safes conforming to IS 550 (V3) in Hingoli, Maharashtra. The scope covers supply, installation, testing, commissioning, and operator training at SBI Basamba, Hingoli district. Tender emphasizes IS 550 classification (Table 1) and physical specs such as gross internal volume and number of doors. The procurement uses a flexible quantity clause up to 25% increase/decrease and requires on-site delivery and commissioning as part of the scope. This opportunity targets suppliers with ISI and IS 550 compliance, and capabilities to provide bank-grade safes with appropriate certification. Unique aspects include the option clause and on-site installation under SBI supervision.
IS 550 conforming safes with V3 classification
Table 1 IS 550: Class/Classification Code for safe category
Table 2 IS 550: Gross Internal Volume (L) for standard size
Number of Doors as per IS 550 requirement
ISI Marked product with IS 550 compliance
Quantity may vary by ±25% during contract with extended delivery proportional to original period
GST payable per actuals or quoted rate, whichever lower
Delivery and installation on SBI premises with on-site testing and operator training
GST as per actuals; payment terms aligned with SBI ATC; confirm EMD mechanism
Delivery starts after PO; option to increase quantity up to 25% during contract term
Not specified in available data; refer to ATC for LD charges
Experience in supplying/installing ISI marked safes
Demonstrated capability to meet IS 550 standards
GST registration and financial stability documentation
Quantity
1
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
EMD Required
No
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
Min. Avg. Annual Turnover
4
OEM Avg. Turnover
32
Past Performance
40 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Safes (V3) ISI Marked to IS 550 (Q2)
Payment Timelines
Payments shall be made to the Seller within 30 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)
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
Hingoli
Delivery Pincodes
431513
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| ABHISHEK JHA | 431513,At Hingoli TADI Hingoli Maharashtra 431513 | Hingoli | Maharashtra | 431513 | 1 | 15 | - |
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Main Document
CATALOG Specification
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
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GST Registration certificate
PAN card
Experience certificates (similar safes supply/installation)
Financial statements (past 3 years)
EMD/Security deposit document
Technical bid documents and compliance certificates
OEM authorization (if applicable)
IS 550/ISI certification or related compliance documents
| Category | Specification | Requirement |
|---|---|---|
| GENERAL REQUIREMENTS | Classification of Safes (as per Table 1 of IS 550 | Format: Class / Classification Code) | AAA / TRTL – 90 × 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) | 1340 (336 L) |
Key insights about MAHARASHTRA tender market
Bidders must meet ISI/IS 550 compliance, submit GST, PAN, experience certificates, financial statements, and EMD as per ATC. Ensure OEM authorizations if required and provide on-site installation capability. Delivery to SBI Basamba, Hingoli, with operator training included.
Submit GST registration, PAN card, three years of financial statements, at least two similar project experience certificates, EMD document, technical bid, OEM authorization (if applicable), and ISI/IS 550 compliance certificates to participate.
Safes must be ISI Marked and IS 550 compliant (Table 1 classification and Table 2 capacity). Product should be IS 550 classed with specified gross internal volume and number of doors per standard.
Delivery schedule is tied to contract terms with flexible quantity up to 25% and durations calculated from last delivery order date, minimum 30 days extended as per option clause; confirm final timeline in ATC.
EMD details are specified in the bid document ATC; bidders must review and submit the exact amount or percentage required to qualify for the SBI Hingoli safes procurement.
Scope includes installation, testing, commissioning, and operator training; on-site requirements at SBI Basamba Hingoli, with possible statutory clearances if needed.
Brand/OEM requirements depend on the ATC; ensure ISI markings and IS 550 compliance; provide OEM authorization if specified to satisfy eligibility criteria.
Eligibility includes ISI/IS 550 compliance, prior experience with bank-grade safes, GST registration, financial statements, and ability to deliver/install at SBI Hingoli premises as per ATC.