Corrigendum

Sealed tenders are invited under two-bid system by The Regional Director, Reserve Bank of India, Nrupathunga Road, Bengaluru -560 001 from reputed companies/ firms for providing trained and experienced security personnel, both armed as well as unarmed, to manage the security arrangements in six residential colonies of the Bank at different locations at Bengaluru apart from an extremely limited & specific role at the premises of the Bank at Nrupathunga Road.

Tender forms/documents may be downloaded from our website www.rbi.org.in under the link “Tender”.

The tender shall be submitted as per the following instructions:

Cover – 1 shall be super-scribed as “Technical bid” and shall contain the following:

1. Application Format I (Technical Bid) duly filled along with documents as mentioned there in (Annex 1- A)

2. Particulars of company/ firm (Annex 1- B)

3. Details of bankers in the enclosed format (Annex 1 - C)

4. Demand draft drawn in favour of RBI, Bengaluru towards Earnest Money Deposit of Rs.1,00,000/- (Rupees one lakh only).

Tender document of bidders not producing proof in respect of the conditions and documents mentioned in the Annex 1- A (Format I) will be summarily rejected. The Application which does not comply with RBI’s terms and conditions may be rejected as Non-Responsive.

Cover – 2 should be super-scribed as “Financial bid” for “Providing Security Services at the properties of Reserve Bank of India located in Bengaluru” and should contain only the bidder’s quoted rates in Indian Rupees in the enclosed Format II (Annex 2) (Part-A & Part-B) on the letterhead of the bidder along-with true copy of the document evidencing that the signatory to the technical and financial bid is authorized to do so for and on behalf of the bidder. Cover -2 will be opened only if Reserve Bank of India, Bengaluru is satisfied with the Technical Bid (cover-1), which will be opened first. The financial bid should not carry any condition and commercial term. Price / rate only should be quoted in clear terms in the format given by Bank.

Cover -1 and Cover - 2 may both be placed and submitted in another sealed cover super scribed “Tender for Providing Security Services at the properties of Reserve Bank of India, Bengaluru” and addressed to The Regional Director, Human Resources Management Department, Reserve Bank of India, Nrupathunga Road, Bengaluru -560 001. Tender documents will be received up to 3:00 pm on October 13, 2016. Part I (Technical Bid) will be opened on same day i.e. on October 13, 2016 at 4:00 p m and Part II (financial bid) will be opened on October 26, 2016 at 3.00 pm in the presence of the authorized representative of the bidders, who choose to be present. Tenders will only be accepted when deposited in person in the Tender Box kept for the purpose in the Human Resource Management Department at 3rd Floor of the RBI Office 10/3/8, Nrupathunga Road, Bengaluru. In the event of failure to submit two separate covers as noted above, the Bank will not allow to take part in the tendering process. In case of any holiday on the last day of submission, the tenders will be accepted on the next working day at the same time as mentioned above. The tenders received after the above said date and time will not be considered.

The application form shall be signed by a person who is duly authorized to do so on behalf of the organization.

The successful Agency shall execute an agreement on a stamp paper of required value for due performance of the contract within 15 days from the date of award of work. If the selected Agency fails to sign the formal agreement within 15 days of award of contract or fails to commence the work on due date, the letter of offer shall be treated as cancelled and EMD made by it shall be forfeited. The successful bidder will be required to provide security deposit of Rs 2,00,000/- (Rs Two lakhs only) in the form of Performance Bank Guarantee for the duration of the contract. The guarantee will be invoked in case of failure on the part of agency to perform duties.

Before submitting the tender, the bidder may go through the general terms and conditions on which the work will be awarded by the Bank and required to be executed by the successful bidder. The bidders may satisfy themselves as to the specified eligibility and other criteria. It may also be noted that the general terms and conditions are indicative in nature and the same shall not restrain the Bank from imposing or requiring the tenderer to agree upon such further or other terms and conditions, or to alter, modify or omit those terms and conditions, as are considered necessary for the due and proper execution of the work being awarded under this tender. Application containing false or inadequate information is liable for rejection.

Tenders will only be accepted when deposited in person in the Tender Box kept for the purpose in the Human Resource Management Department at 3rd Floor of the RBI Office 10/3/8, Nrupathunga Road, Bengaluru.

The Regional Director, Reserve Bank of India, Bengaluru reserves the right to accept or reject any or all tender bids without assigning any reason what so ever and his/her decision will be binding on all the parties.

General Manager
Human Resource Management Department