Closed tender · India · Safes (V3) Isi Marked to Is 550

Safes (V3) ISI Marked to IS 550

Ministry of Finance

Ministry of Finance in India invited bids for “Safes (V3) ISI Marked to IS 550”. Bids closed on 12 October 2026, 12:00 IST. Reference: GEM/2026/B/8089012.

The tender in brief

Supply of 13 ISI-marked safes to Punjab National Bank in Raebareli, for makers with 2 years' supply experience

Punjab National Bank, Varanasi office, is buying 13 safes (V3) conforming to Indian Standard IS 550, delivered to its circle office in Raebareli within 15 days. The contract includes one year warranty and five years of annual maintenance. It is a two-packet GeM bid reserved for Make in India products, with quantity split 50:30:20 among up to three bidders.

Who can win it

  • Bidder or its OEM must have supplied similar products for 2 years to government or public sector buyers
  • OEM average annual turnover of at least INR 62 lakh over the last three years
  • Product must be ISI marked to IS 550 and meet minimum 50% local content as Class 1 local supplier

Key facts

Contract period
Delivery within 15 days; warranty 1 year; annual maintenance 5 years
How bids are judged
Total value wise evaluation; two-packet bid with technical and financial evaluation
Published
27 Sep 2026
Reference
GEM/2026/B/8089012

Public data: Government e-Marketplace, Government of India. · Sources & licences