The GEM/2025/B/6170403 tender refers to the procurement of Safes (V2) as per IS 550 standards, issued by the Department of Financial Services, under the Ministry of Finance. This tender invites bids for 3 units of safes, ensuring adherence to prescribed safety and quality standards as set by the regulatory norms.

Scope of Work and Objectives

The primary objective of this tender is to acquire high-security safes that meet IS 550 specifications. The safes are intended to be used by various financial departments to safeguard critical documents, cash, and valuable items. Suppliers must ensure that their products provide robust security features, durability, and compliance with quality standards.

Eligibility Criteria

To qualify for bidding, participants must be registered entities with a proven track record in manufacturing or supplying safes conforming to the technical specifications outlined in this document. Relevant experience in similar projects may be required, along with any necessary certifications.

Technical Requirements

Bidders must supply detailed product specifications, including but not limited to:

• Size and weight
• Materials used
• Locking mechanisms
• Fire resistance and security ratings

All submissions should provide compliance evidence with IS 550 and any additional applicable standards that ensure product safety and integrity.

Financial Requirements

Competitors must present a comprehensive financial proposal reflecting competitive pricing. All costs associated with the supply of the safes, including installation and after-sales service, should be transparent. Additionally, bidders may need to provide proof of financial stability and capacity to fulfill contractual obligations.

Document Submission Details

Bidders are required to submit all necessary documentation electronically through the designated government procurement portal. This includes technical specifications, financial proposals, and any required compliance certificates, ensuring that all documents are complete and formatted according to submission guidelines.

Special Provisions

This tender may offer certain advantages for Micro, Small, and Medium Enterprises (MSE) and startups, including potential waivers of certain financial guarantees and simplified submission requirements. Participation from MSEs is highly encouraged, reflecting the government’s focus on promoting indigenous businesses.

Evaluation Process

Submissions will be evaluated based on a comprehensive assessment of both technical and financial proposals. The evaluation criteria will focus on adherence to technical specifications, cost-effectiveness, quality standards, and supplier track records. The selected bid will be the one that offers the best value for money while meeting all specifications and requirements.

Delivery Locations

Successful bidders will be required to deliver the safes to specified locations as determined by the Department of Financial Services. Clear timelines and logistics arrangements must be included in the proposal.

Contact Information

For any further inquiries regarding this tender, potential bidders should refer to the contact section on the government portal where this tender is published, ensuring that all inquiries adhere to communication protocols.

This tender not only emphasizes stringent quality and safety standards but also supports the government’s initiatives to empower local suppliers and promote a thriving business environment.