Bid Publish Date
06-Sep-2026, 10:47 am
Bid End Date
14-Sep-2026, 11:00 am
Location
Progress
Union Bank Of India invites bids for Safes (V3) ISI Marked to IS 550 compliant security safes, targeting a government-backed procurement in the banking sector. The scope references ISI-marked safes meeting IS 550 standards, with an option to adjust quantity by up to 25% during contract execution. The ATC specifies a dual top/bottom lock mechanism activation voltage requirement. No BOQ itemized quantities are listed, indicating a procurement framework rather than a fixed lot. This opportunity targets suppliers with ISI/IS 550 compliance and bank-grade security hardware capabilities, aiming to modernize custody solutions across branches.
Product: ISI Marked safes certified to IS 550 (V3) for Union Bank Of India
Quantities: Up to 25% quantity variation allowed during contract
Standards: IS 550, ISI certification; dual voltage locking mechanism per ATC
Warranty/AMC: Not specified in data; verify during bid submission
Delivery: Timelines governed by original order date and option clause
Option to increase/decrease order quantity up to 25% with contracted rates
Dual-top/bottom locking voltage requirement on locking mechanism as per ATC
IS 550 ISI-marked safes necessary for banking use; installation and support expected
Not specified in data; verify exact terms on tender portal
Delivery period linked to last date of original delivery order; extension rules apply per option clause
Not specified; confirm in contract documents during bid submission
IS 550 compliant safes supplier with ISI marking
Experience in banking safe supply/installations with OEM authorizations
Financial capacity to handle banking-grade security equipment orders
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
EMD Required
No
MII Purchase Preference
No
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Min. Avg. Annual Turnover
12
OEM Avg. Turnover
5
Past Performance
50 %
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 15 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
Lucknow
Delivery Pincodes
226010
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Manoj Kumar | 226010,Regional Office, Union Bank of India, Vibhuti Khand, Gomtinagar | Lucknow | Uttar Pradesh | 226010 | 1 | 15 | - |
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Main Document
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar safes supply/installations
Financial statements demonstrating capacity
EMD documentation (as specified on tender portal)
Technical compliance certificates for ISI/IS 550
OEM authorizations for safes and locking mechanisms
Installation and maintenance capability documents
Key insights about UTTAR PRADESH tender market
Bidders must meet ISI/IS 550 compliance, provide OEM authorizations, and submit GST, PAN, experience certificates, financial statements, and EMD documentation. Ensure dual voltage locking specifications are met as per ATC and be prepared for up to 25% quantity variation.
Submit GST certificate, PAN card, bank-grade safe installation experience certificates, ISI/IS 550 compliance certificates, OEM authorization letters, financial statements, and EMD submission as per tender portal. Include installation/service capability details for banking safes.
Safes must be ISI marked and IS 550 compliant (V3). ATC mandates a two-volt top/bottom locking mechanism configuration. Suppliers must demonstrate engineering of secure custody solutions compatible with banking operations.
Delivery schedule aligns with the original delivery order date; option clause allows up to 25% quantity changes and extended delivery time calculated as (additional quantity/original quantity) × original delivery period, minimum 30 days.
EMD amount is not disclosed in the data; bidders must verify on the tender portal. Payment terms are not specified here; confirm through the procurement portal during bid submission and ensure compliance with project milestones.
ATC requires dual shooting voltages on top and bottom of the locking mechanism on the cash safe door, ensuring reliability and tamper-resistance. Vendors must implement this during installation per specifications.
Governing body is Union Bank Of India through the Department Of Financial Services, with ISI marking and IS 550 standard compliance as the core technical requirement for safes procurement.