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Date : Jan 10, 2025
RFP for OPD (Annual Health Check-up) Programme for employees of Reserve Bank of India and their eligible spouses - April 1, 2025 to March 31, 2026, Mumbai

SCHEDULE OF TENDER (SOT)

Tenders are invited by Reserve Bank of India (hereinafter referred as the ‘Bank’ or ‘RBI’) to manage the OPD (Annual Health Checkup) Programme for employees of Reserve Bank of India and their eligible spouses. The Bank has authorised M/s Aon Risk Insurance Brokers India Private Limited to solicit proposals through a two-stage bidding process (comprising of Technical and Commercial Bids) from IRDAI licensed Non-Life and Health Insurance Companies and Wellness Service Providers operating in India.

The “Request for Proposal” (RFP) for the programme is also available in Tender’s section on the Bank's website (www.rbi.org.in). Interested bidders are requested to refer to the said RFP. Bids made strictly as per the provisions of the RFP document should be submitted online.

Sr. No. Details Date/Time/Other Particulars
i) E-Tender No. RBI/HRMD-CO Central Office Departments/Others/6/24-25/ET/748
ii) Mode of Tender e-Procurement System (Online Part I - Technical Bid, Qualifying and Part II – Commercial Bid, through www.mstcecommerce.com/eprochome/rbi)
iii) View Tender Date & Time on MSTC web portal 11:30 Hrs. on January 10, 2025
iv) Date & Time of NIT available to parties to download 11:30 Hrs. on January 10, 2025
v) Date & Time of starting of online e-Tender for submission of online Technical and Commercial Bid at www.mstcecommerce.com/eprochome/rbi 11:30 Hrs. on January 10, 2025
vi) Pre-bid meeting 11:00 Hrs. on January 16, 2025 at RBI, Central Office Building. All questions regarding the tender should be submitted via email latest by 1500 Hrs. on January 15, 2025.
vii) Date & Time of closing of online e-Tender for submission of online Technical and Commercial Bid 13:00 Hrs. on January 31, 2025
viii) Date & Time of opening of Part I (i.e., Technical Bid) 11:00 Hrs. on February 04, 2025
ix) Date & Time of Presentation at RBI, New Central Office, Mumbai 11:00 Hrs. on February 07, 2025
x) Date & Time of opening of Part II (i.e., Commercial Bid) 11:00 Hrs. on February 12, 2025
xi) Estimated number of employees and their eligible spouse to be covered in a year Approx. 13,428 employees and 8,553 spouses
xii) Estimated value of tender ₹14,50,00,000/- (approx.) (Rs Fourteen crore and Fifty lakhs only)
xiii) Earnest Money Deposit # ₹29,00,000/- (Rs Twenty nine lakhs only) (2% of the estimated tender value)
xiv) Earnest Money Deposit (EMD) An amount of ₹29,00,000 (Twenty-nine lakhs only) may be transferred by NEFT on or before closing of the tender submission time i.e. 1300 hrs on January 31, 2025. The NEFT details are as under:

Name of beneficiary: Reserve Bank of India.
IFSC Code: RBIS0COD001 (the 5th, 9th and 10th characters are zero, 7th character is alphabet O) Account Number: 41869229904

Once the amount is transferred, the UTR details may be shared with RBI. EMD of unsuccessful bidders would be returned on expiry of bid validity (including extended validity). No interest would be payable on the EMD. Non-Payment of EMD will render the bids concerned non-responsive and such bids will be rejected.
xv) Performance Bank Guarantee # ₹72,50,000
(Rs Seventy-two lakhs and fifty thousand only)

(5% of the estimated tender value)
EMD of the selected bidder will refunded on receipt of PBG from the selected bidder within 15 days of the award of contract.

# - Earnest Money Deposit (EMD) and Performance Bank Guarantee (PBG) are applicable only in case of other service providers and Insurers are exempt from the same.




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