Department of Financial Services Tender by State Bank Of India (sbi) (GEM/2025/B/6157900)
Safes (V2) as per IS 550
Tender Timeline
Tender Title: Supply of Safes (V2) as per IS 550
Reference Number: GEM/2025/B/6157900
Issuing Authority: Department of Financial Services, Ministry of Finance
Scope of Work and Objectives
The objective of this tender is to procure safes (V2) that meet the standards set forth in IS 550. These safes will be utilized for securing financial assets within government departments. The successful bidder will be required to supply a total quantity of one unit of the specified safe. The aim is to enhance security measures and ensure the integrity of sensitive financial information.
Eligibility Criteria
To be eligible for participation in this tender, bidders must meet certain criteria, including being a registered entity under relevant legal frameworks. Additionally, bidders should possess a valid registration with appropriate taxing authorities and should not have been blacklisted by any government department.
Technical Requirements
Bidders are required to supply safes that conform to the IS 550 specifications, ensuring high quality and durability. They must provide technical data sheets outlining the safe's dimensions, locking mechanisms, fire resistance, and any additional features that enhance security.
Financial Requirements
Bidders must demonstrate financial stability and capacity. Evidence may include bank statements, financial audits, and proof of past contracts with similar financial obligations. This tender does not categorize as a high-value purchase, but competitive pricing will be scrutinized.
Document Submission Details
All submissions must be via the designated electronic procurement platform. Bidders are required to upload all relevant documents, including technical specifications, eligibility certifications, and financial statements. Ensuring completeness and adherence to submission guidelines is essential for successful processing.
Special Provisions
Micro, Small, and Medium Enterprises (MSEs) and startups are encouraged to participate in this tender. There may be special provisions or relaxations in terms of eligibility and documentary requirements for these entities, promoting local businesses and innovation.
Evaluation Process
The evaluation of bids will be conducted based on predefined criteria, including compliance with technical specifications, financial proposals, and overall value offered. The process will prioritize bids that demonstrate quality, reliability, and cost-effectiveness.
Delivery Locations
The safes will need to be delivered to designated locations specified by the Department of Financial Services. Bidders should prepare logistical plans that ensure timely and efficient delivery.
Contact Information
For any inquiries regarding this tender, interested parties may contact the Department of Financial Services directly. Specific contact details are usually provided through formal procurement channels.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
4 DocumentsDocuments 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
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Frequently Asked Questions
The eligibility requirements include being a legally registered entity capable of fulfilling the contract specifications. Bidders must possess valid registrations with local tax authorities and must not have a history of being blacklisted by any government department. Additionally, bidders should demonstrate the capability to supply safes as per IS 550 standards.
The required documents typically include technical specifications of the safes, proof of registration (such as GST certificate), financial statements (including auditor reports), and eligibility certificates. Bidders must ensure that all documents are uploaded in compatible formats as specified in the tender guidelines to facilitate a smooth evaluation process.
Bids are to be submitted electronically through the specified procurement platform. It is crucial for bidders to comply with all submission guidelines, ensuring that necessary documents are correctly uploaded in the accepted formats. Timeliness in the submission is also emphasized to avoid disqualification.
Bidders should be aware of the expected Earnest Money Deposit (EMD), which secures the bid, and may also need to comply with performance security requirements after the tender award. Additionally, clarity on payment terms, invoicing specifics, and price evaluation considerations (including total cost of ownership) is necessary for successful engagement.
Yes, this tender provides specific provisions to encourage participation from Micro, Small, and Medium Enterprises (MSEs) and startups. These benefits may include relaxation of certain eligibility criteria and easier access to market opportunities, in alignment with government policies aimed at boosting local businesses and promoting ‘Make in India’ initiatives.
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