Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender 2026 Rajasthan/Varanasi 2026
Bid Publish Date
05-Sep-2026, 11:41 am
Bid End Date
15-Sep-2026, 12:00 pm
EMD
₹4,80,000
Value
₹2,40,00,000
Progress
Key Highlights
- • Brand/OEM requirement: OEM authorization and OEM-certified installation resources
- • Technical standard: ISI Marked to IS 550 (V3) qualification for safes
- • Delivery flexibility: 25% quantity option during contract and extended delivery timelines
- • Eligibility: minimum 3 years govt/PSU supply experience with contract copies
- • Payment & invoicing: GST-compliant GeM invoicing; EMD via DD or online; hardcopy submission within 5 days
- • Warranty/AMC: explicit terms not detailed; focus on installation and testing by OEM resources
- • Penalties: not specified; delivery penalties not provided in the data
- • Submission specifics: End User Certificate alignment; manufacturer authorization document
Tender Overview
Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 with an estimated value of ₹24,000,000 and an EMD of ₹480,000. The procurement targets supply to government banking operations, requiring ISI/IS 550 compliance and delivery under vendor responsibilities. The tender allows quantity variation up to ±25% of the bid quantity and up to 25% during the contract term at contracted rates, with delivery time adjustments anchored to the original delivery period. Bidders must ensure OEM involvement for installation and testing, and must meet mandatory governance requirements for payments and invoicing through the GeM portal and GST compliance. A 5-day hard-copy submission window for EMD documents is required after bid end date. The organization emphasises robust financial standing, End User Certificate alignment, and formal OEM authorization in the bid package. Unique aspects include the explicit 25% option clause and the need for central/state govt project experience.
Technical Specifications & Requirements
- Product category: Safes (V3) certified for ISI Marking and IS 550 compliance; vendor shall provide CAA/IS 550 standards alignment and related testing reports
- Estimated value: ₹24,000,000; EMD: ₹480,000; approved payment terms via GST-compliant invoicing on the GeM portal
- Delivery scope: Installation, commissioning, testing, configuration, and training by OEM-certified resources or OEM-authorised resellers; install at PNB locations with end-user acceptance
- Experience criteria: Minimum 3 years supply/manufacture of similar safes to Central/State Govt/PSU; provide contract copies for each year
- Authorisation: Manufacturer/OEM authorization required; bidder to submit OEM details and service capability
- Payment terms: GST-compliant invoices submitted online; DD/online EMD options allowed; ensure hardcopy submission within 5 days of bid end date
Terms, Conditions & Eligibility
- EMD: ₹480,000 (DD payable to PUNJAB NATIONAL BANK, VARANASI) or online payment; proof to accompany bid
- Delivery timeline: Delivery period starts from the last date of the original delivery order; option extension governed by the 25% quantity clause with minimum 30 days
- Experience: At least 3 years manufacturing/supplying similar safes to govt/PSU; provide yearly contract copies
- Installation: Performed by OEM-certified personnel or OEM authorised resellers
- Documents: GSTIN, PAN, OEM authorization, experience certificates, financial statements, and EMD proof; EMD hardcopy submission within 5 days
- End User Certificate: Provided in Buyer’s standard format if required
- Warranty/Penalties: Not explicitly stated; penalties or LD terms not detailed in provided data
Key Specifications
-
Product: Safes (V3) ISI Marked to IS 550 compliant
-
Estimated value: ₹24,000,000; EMD: ₹480,000
-
Delivery: OEM installation, commissioning, testing, training
-
Experience: 3 years govt/PSU supplier experience
-
Authorization: OEM authorization required; authorized reseller acceptable
Terms & Conditions
-
EMD of ₹480,000; DD payable at Varansi or online payment
-
Quantity variation up to 25% during contract at contracted rates
-
OEM installation/commissioning by authorised personnel
-
GST-compliant invoicing via GeM portal; submission within 5 days of bid end
-
3 years govt/PSU experience; annual contracts with copies
Important Clauses
Payment Terms
GST-compliant invoicing via GeM portal; EMD via DD or online payment; hardcopy submission within 5 days
Delivery Schedule
Delivery period begins after the original order; option to extend up to 25% quantity with minimum 30 days
Penalties/Liquidated Damages
Not explicitly defined in data; subject to contract terms during purchase and delivery
Bidder Eligibility
-
Regularly manufactured and supplied same/similar category products to Central/State Govt/PSUs for 3 years
-
OEM authorization/Manufacturer authorization from the supplier
-
Not undergoing liquidation or bankruptcy; provide an undertaking
Tender Data
Bid Details
Quantity
16
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
Yes
Startup Exemption/Relaxation
Yes
Bid Splitting Applied
Yes
Requirements
Min. Avg. Annual Turnover
120
OEM Avg. Turnover
960
Past Performance
80 %
Warranty Period
1 years
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)
15
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
15
Delivery Locations
1
Delivery Cities
Varanasi
Delivery Pincodes
221001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Ashutosh Srivastava | 221001,PNB S 20/56 THA MALL KENNEDY ROAD CANTONMENT | Varanasi | Uttar Pradesh | 221001 | 16 | 15 | - |
Authority Records
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Documents 3
GeM-Bidding-9849956.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
1
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Required Documents
GST certificate
PAN card
Experience certificates (3 years govt/PSU projects) and relevant contracts
Financial statements demonstrating healthy turnover
EMD submission proof (DD or online payment receipt)
Technical bid documents and OEM authorisation
OEM manufacturer authorisation or service provider authorization
GST portal GST invoice screenshots and GST payment confirmation
End User Certificate (if required in Buyer’s format)
Frequently Asked Questions
How to bid in the Punjab National Bank safes tender 2026?
Bidders must meet the 3-year govt/PSU supply criterion, provide OEM authorization, and submit GST-compliant invoices via the GeM portal. Include EMD ₹480,000 by DD or online, plus experience contracts for each year. Installation by OEM-certified personnel is required.
What documents are required for PNB safes tender submission?
Submit GST certificate, PAN, 3-year govt/PSU experience contracts, financial statements, EMD proof (DD or online), OEM authorization, technical bid, and End User Certificate if requested by the Buyer; provide GST invoice screenshots.
What standards apply to Safes (V3) ISI Marked to IS 550?
The safes must be ISI marked and IS 550 compliant; provide testing reports and certification bodies; ensure OEM-aligned installation and testing by authorized personnel.
What is the EMD amount and acceptable payment method for this tender?
The EMD is ₹480,000. It can be paid via Demand Draft payable to Punjab National Bank, Varansi, or online payment; bidder must upload the EMD proof with the bid and deliver hardcopy within 5 days.
What is the delivery extension policy for quantity variations?
The purchaser may increase quantity up to 25% and extend delivery time using a formula: (increased quantity ÷ original quantity) × original delivery period, with a minimum extension of 30 days.
Who can perform installation and testing for the safes?
Installation, commissioning, testing, configuration, and training must be performed by OEM-certified resources or OEM-authorised resellers; ensure you provide valid OEM authorization with bid.