Supply of Safes as per IS 550 - Department of Financial Services

Safes (V2) as per IS 550

Goods
Qty:2

Tender Timeline

Tender Issue
June 3, 2025 at 6:10 PM
Corrigendum
June 13, 2025 at 06:18 PM
Bid Extended to June 16, 2025 at 03:00 PM

Tender Description

Tender Title: Supply of Safes as per IS 550
Reference Number: a3b88209
Issuing Authority: Department of Financial Services, Ministry of Finance

The Department of Financial Services is seeking competitive bids for the supply of safes which comply with the Indian Standard IS 550. This tender is a significant procurement initiative aimed at enhancing the security of financial institutions and government agencies by providing high-quality safes that meet the required technical and operational standards.

Scope of Work and Objectives

The principal objective of this tender is to procure a total of two units of safes that are robust and secure, ensuring they meet the specifications laid out in IS 550. The supplier will be responsible for delivering, installing, and ensuring functionality of the safes at designated locations within the jurisdiction of the Ministry of Finance.

General Information

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

Financial Information

OEM Average Turnover
₹16.00 Lakh (s)
Minimum Turnover
₹2.00 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

5 Documents
GeM-Bidding-7923209.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) *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

Bid Extended to June 16, 2025 at 03:00 PMModified on June 13, 2025 at 06:18 PM
Bid Opening June 16, 2025 at 03:30 PM

Frequently Asked Questions

The eligibility requirements include being a registered entity in India, possessing a valid GST registration, and demonstrating experience in supplying safes or similar products. Additionally, bidders must have the necessary certifications confirming compliance with IS 550, ensuring quality standards are upheld.

Bidders are required to provide technical certifications confirming that their safes meet the IS 550 standards. This includes certifications showcasing features such as fire resistance, water resistance, and robust locking mechanisms. Any documentation reflecting the quality and durability of the safes must be submitted in accordance with the technical specifications outlined in the tender.

The Earnest Money Deposit (EMD) is a critical requirement for participating in this tender. Detailed guidelines regarding the submission process, including acceptable payment methods and formats, will be provided in the tender documents. Bidders must ensure that their EMD submissions are compliant and made during the outlined bidding period to qualify for evaluation.

Documents must be submitted electronically through the designated online portal specified in the tender announcement. Bidders are encouraged to carefully follow the submission guidelines to ensure that all required documents are uploaded successfully and are in the correct formats as specified in the tender documentation.

Yes, there are specific provisions made for Micro, Small, and Medium Enterprises (MSEs), which will be acknowledged and considered during the evaluation process. The government promotes MSE participation to enhance economic growth and innovation, and this tender is designed to encourage the involvement of such enterprises in public procurement, ensuring fair opportunities in the competitive landscape.

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