Supply and Installation of Safes

Safes (V2) as per IS 550

Goods
Qty:3

Tender Timeline

Tender Issue
June 11, 2025 at 6:21 PM

Tender Description

Tender Title: Supply and Installation of Safes

Reference Number: 2827c4ba1

Issuing Authority/Department: Department of Financial Services, Ministry of Finance

The Department of Financial Services is seeking proposals for the Supply and Installation of Safes in accordance with IS 550 standards. This tender is a critical initiative aimed at enhancing the security and integrity of financial operations. The scope of work includes providing three (3) high-quality safes, which must meet the stringent requirements set out in the relevant technical specifications, ensuring security for sensitive financial documents and assets.

General Information

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

Financial Information

OEM Average Turnover
₹126.00 Lakh (s)
Minimum Turnover
₹16.00 Lakh (s)
Bid Offer Validity
30 (Days)
Past Performance
50 %
Arbitration Clause
No
Mediation Clause
No

Evaluation and Technical Information

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

Tender Documents

4 Documents
GeM-Bidding-7955245.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) *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 capable of delivering the requisite safes. Bidders must demonstrate valid registration and compliance with local business regulations. Furthermore, evidence of prior experience in supplying similar products will be crucial for evaluation.

The safes must conform to the IS 550 standards for security equipment. They should be constructed from robust, fire-resistant materials and include secure locking mechanisms that comply with recognized industry practices. Bidders must clearly outline these specifications in their proposals.

Payment terms should be outlined clearly in the proposal. Typically, successful bidders may need to provide performance security, which ensures compliance with contract terms. This security is usually a percentage of the total contract value and is refundable upon successful completion of the project.

All tender documents must be submitted via the designated online portal. Formats accepted typically include PDFs for technical specifications and Excel sheets for financial proposals. It is advisable to follow the submission guidelines meticulously to avoid disqualification.

Yes, the tender process includes special provisions for Micro, Small, and Medium Enterprises (MSEs), such as relaxed eligibility criteria and additional support for local manufacturers. Bidders are encouraged to highlight how their products align with the ‘Make in India’ vision, which promotes domestic production and sourcing.

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