Supply and Installation of Safes

Safes (V2) as per IS 550

Goods
Qty:15
EMD: ₹72,000

Tender Timeline

Tender Issue
June 5, 2025 at 5:46 PM
Corrigendum
June 9, 2025 at 07:41 PM
New Document Added Download

Tender Description

Tender Title: Supply and Installation of Safes
Tender Reference Number: 1c0ef70e3
Issuing Authority: Department of Financial Services, Ministry of Finance

The Department of Financial Services under the Ministry of Finance invites bids for the supply and installation of safes as per IS 550 standards. This tender aims to procure a total quantity of 15 safes that meet industry standards and security requirements, ensuring reliable performance in safeguarding financial assets.

Scope of Work and Objectives

The scope of work encompasses the supply and installation of safes suitable for banks and financial institutions. The objectives include enhancing security measures, complying with regulatory standards, and ensuring the durability of the products. The selected vendor will be responsible for delivering the safes to the specified locations, followed by installation and necessary setup.

General Information

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

Financial Information

EMD Amount
₹72,000.00
OEM Average Turnover
₹288.00 Lakh (s)
Minimum Turnover
₹36.00 Lakh (s)
Bid Offer Validity
120 (Days)
Past Performance
80 %
Arbitration Clause
No
Mediation Clause
No

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Inspection Required
Yes
Technical Clarifications Time
2 Days

Tender Documents

4 Documents
GeM-Bidding-7931360.pdfMain Document
GeM Category SpecificationGEM_CATEGORY_SPECIFICATION
Other DocumentsOTHER COMPLIANCE
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

Corrigendum Updates

Frequently Asked Questions

The eligibility requirements include being a registered entity with experience in supplying security equipment. Vendors must show proof of capability and have valid certifications indicating compliance with industry standards.

To qualify for the tender, vendors must provide relevant certifications including proof of registration in the security equipment sector, IS 550 compliance documentation for safes, and a financial stability certificate.

The registration process requires vendors to submit an application through the designated procurement portal, ensuring all business credentials are updated and compliant with the requirements set forth in the tender.

Documents should be submitted in widely accepted formats such as PDF, DOCX, or XLSX to ensure compatibility with the tender evaluation system. All submissions should adhere to the guidelines specified in the tender documentation.

The performance security requirements typically involve a monetary deposit or bank guarantee to assure compliance with contract terms upon selection. The criteria for this will be specified in the tender documents, as per regulatory guidelines.

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