1. Introduction The Reserve Bank of India (RBI), Central Establishment Section, 1st Floor, Main Office Building, Shahid Bhagat Singh Marg, Fort, Mumbai – 400001, hereinafter referred to as “the Bank” / “Reserve Bank” / “RBI”, invites e-tenders under a Two-Bid System (Technical Bid and Financial Bid) from eligible Suppliers / Vendors / Chemists (hereinafter referred to as “Chemists”) for supply of drugs & medicines and non-medical items to the Bank’s dispensaries at Mumbai and Navi Mumbai for the period from April 01, 2026, to March 31, 2027. The expected procurement value during the contract period is ₹17.00 Crore (Rupees Seventeen Crore only). 2. Schedule for Bidding Process | Nature of the tender | Supply of drugs & medicines and non-medical items to Bank’s dispensaries at Mumbai & Navi Mumbai Region | | E Tender No | RBI/Mumbai Regional Office/HRMD/1/26-27/ET/10 | | Date of release of tender Document | April 02, 2026 | | Availability of Tender Documents for viewing | April 02, 2026 | | Pre-Bid Meeting (Offline) | April 16, 2026 at 11:00 AM | | Venue of Pre-Bid meeting | CES, Reserve Bank of India, Mumbai Regional Office, First Floor, Main Building, Fort, Mumbai- 400001 | | Publication of Pre-Bid Meeting | April 18, 2026 | Date of Starting of online submission of e-tender
(Technical Bid and Financial Bid) at MSTC E-Commerce (mstcecommerce.com) | April 02, 2026 | | Date of closing of online submission of e-tender | April 28, 2026 at 11.00 AM | | Date and Time of Technical Bid Opening | April 28, 2026 at 03.00 PM | | Tentative Date and Time of Commercial/ Financial Bid Opening | Financial Bid shall be opened electronically of only those bidder(s) whose Technical Bid is found acceptable by RBI, Mumbai Regional Office. Such bidder(s) shall be intimated regarding date of opening of Financial Bid through email. | | Estimated Cost of Work | The expected
procurement value during the contract period is ₹17.00 Crore | | Earnest Money Deposit (EMD) | Amount of EMD shall be 2% of Estimated Cost = ₹34,00,000/- (Thirty-Four Lakh Only), to be submitted through NEFT to Central Establishment Section, Mumbai Regional Office, RBI, Mumbai.
NEFT A/c details:
A/c No 04869229907
IFSC – RBIS0MBPA04 (‘0’ Zero in both places)
NEFT should be credited in the account on or before April 28, 2026 (Thursday) at 11.00 AM. Submission of EMD amount may be communicated to dispensarydeskmro@rbi.org.in | | Address for Communication | Dispensary Desk, CES, HRMD
RBI, 1st Floor, Main Office Building, Shahid Bhagat Singh Marg, Fort, Mumbai-400001 | | Contact Persons | i. Shri Subhan Basha D B, AGM (subhanbasha@rbi.org.in), Mob:9867416856
ii. Shri Biswajit Das, Manager (bdas@rbi.org.in), Mob: 8420192703
iii. Smt. Shraddha Sontakke, Manager (sssontakke@rbi.org.in), Mob: 9975705629 | In the event of any unforeseen closure of work/ holiday on any of the above days, the same shall be opened /held on the next working day. Tenders received after due date and time shall be rejected. Tenders not complying with the provisions of bidding documents are liable to be rejected. In case of any problem/dispute, decision of Regional Director, RBI Mumbai will be final and binding on all parties. RBI is not bound to accept the lowest tender and reserves the right to accept either in full or in part of any tender. The Bank also reserves the right to reject any or all the tenders without assigning any reason thereof. Regional Director | |