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Department of Financial Services Tender by Punjab National Bank (pnb) (GEM/2025/B/6172853)

Safes (V2) as per IS 550

Goods
Qty:10
EMD: ₹23,000
Department of Financial Services Tender by Punjab National Bank (pnb) (GEM/2025/B/6172853)

Tender Timeline

Tender Issue
April 25, 2025 at 6:55 PM

Title: Supply of Safes as per IS 550

Reference Number: GEM/2025/B/6172853

Issuing Authority: Department of Financial Services, Ministry of Finance


Scope of Work and Objectives

The objective of this tender is to procure safes that meet the standards set forth by IS 550. This tender covers the supply of 10 units of safes to enhance security in financial transactions and safeguard important documents and assets. Vendors are required to provide product specifications, compliance certifications, and relevant documentation demonstrating adherence to industry standards.

Eligibility Criteria

To participate in this tender, bidders must meet specific eligibility criteria, including but not limited to:

  • Valid registration as a legal entity in India.
  • Compliance with IS 550 standards for safes.
  • Previous experience in supplying safes or similar products to government entities.

Technical Requirements

Bidders must ensure that the safes comply with the following technical specifications:

  • Construction material must be robust and meet fire and burglar resistance standards.
  • Must conform to IS 550 specifications as certified by recognized authorities.
  • Each unit must include a documented warranty period and service support details.

Financial Requirements

Bidders should provide:

  • A comprehensive breakdown of costs, including taxes and shipping charges.
  • Evidence of financial stability, such as bank statements or fiscal audits from the previous years.
  • Details on pricing evaluation considerations based on cost-effectiveness and compliance with specifications.

Document Submission Details

All documents must be submitted electronically via the designated tender portal. Submission should include:

  • Bid proposal
  • Technical documentation
  • Financial statements
  • Compliance certifications with IS 550 standards

Special Provisions

This tender supports Micro, Small, and Medium Enterprises (MSMEs) and startups by offering benefits such as relaxed qualification criteria and opportunities for placement on priority lists. All eligible MSMEs and startups are encouraged to submit their proposals.

Evaluation Process

The evaluation will be conducted based on:

  • Compliance with technical requirements
  • Cost-effectiveness
  • Strength of prior experiences and references

The selection is expected to produce a balanced, receptive, and innovative outcome, ensuring the best value for services rendered.

Delivery Locations

Successful bidders will be required to deliver the safes to specified locations designated by the Department of Financial Services. Regular updates will be provided indicating delivery requirements.

Contact Information

For further inquiries regarding this tender, bidders can connect through the official communication channels provided on the tender portal.


This tender presents an opportunity for vendors to contribute to improving security measures within financial sectors while adhering to stringent reporting and quality standards. All participants are encouraged to thoroughly review the specific requirements and prepare their bids accordingly.

General Information

Item Category
Safes (V2) as per IS 550 (Q2)
Ministry Name

Financial Information

EMD Amount
₹23,000.00
OEM Average Turnover
₹185.00 Lakh (s)
Minimum Turnover
₹23.00 Lakh (s)
Bid Offer Validity
30 (Days)
Past Performance
80 %
Arbitration Clause
No
Mediation Clause
No

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
Inspection Required
Yes
Technical Clarifications Time
3 Days

Tender Documents

5 Documents
GeM-Bidding-7775959.pdfMain Document
GeM Category SpecificationGEM_CATEGORY_SPECIFICATION
Other DocumentsOTHER COMPLIANCE
Buyer uploaded ATC documentATC ATC
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Documents Required from Seller

  • Experience Criteria
  • Past Performance
  • Bidder Turnover
  • Certificate (Requested in ATC)
  • OEM Authorization Certificate
  • OEM Annual Turnover
  • Additional Doc 1 (Requested in ATC)
  • Additional Doc 2 (Requested in ATC)
  • Additional Doc 3 (Requested in ATC)
  • Additional Doc 4 (Requested in ATC)
  • Compliance of BoQ specification and supporting document *In case any bidder is seeking exemption from Experience / Turnover Criteria
  • the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Frequently Asked Questions

The eligibility requirements include being a registered entity in India, demonstrating compliance with IS 550 standards for safes, and having relevant experience in supplying such products to government sectors. Bidders may also need to provide validation of prior work that meets specified quality standards.

Bidders must submit certificates that validate their compliance with IS 550 standards, as well as any relevant quality assurance certifications recognized by authorities. Proof of registration and financial stability documents will also be necessary.

The registration process involves creating an account on the designated tender portal. Bidders will need to provide some personal and company information, along with documentation to prove eligibility. Only registered users may submit bids once the registration is confirmed.

The preferred document formats for submission include PDF and Excel for technical proposals and financial breakdowns. All documents must be clear and legible to facilitate thorough evaluation during the selection process.

Bidders must detail their Earnest Money Deposit (EMD) which should be submitted as part of the documentation. The terms concerning the EMD include guidelines on the amount required, submission process, and refund conditions upon successful selection or failure to meet criteria.

By addressing these FAQs, bidders can gain clarity on requirements, ensuring increased compliance and more efficient submissions for the tender process.

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