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PDF - Appointment of Concurrent Auditors for the period October 01, 2025 to September 30, 2026 by Reserve Bank of India, Chennai ()
Date : Jul 25, 2025
Appointment of Concurrent Auditors for the period October 01, 2025 to September 30, 2026 by Reserve Bank of India, Chennai

Corrigendum dated August 25, 2025

Corrigendum dated August 18, 2025

Minutes of Pre-Bid Meeting

Tender No. – RBI/Chennai Regional Office/HRMD/1/25-26/ET/325

Reserve Bank of India (RBI), Chennai (hereinafter referred to as the "Bank”) invites e-Tenders under Two – Bid system (Technical & Financial Bid) for Appointment of Concurrent Auditors for RBI, Chennai as well as Reserve Bank Staff College, Chennai, for the period October 01, 2025 to September 30, 2026, with the provision of reappointment for a maximum of two more years, one year at a time, subject to satisfactory performance under a system of appraisal at the end of the contract period by RBI Chennai.

The Tender process will be executed through the e-Tendering portal of MSTC Ltd. (https://www.mstcecommerce.com/). Interested tenderers must register themselves with MSTC Ltd. through the aforementioned website to participate in the tendering process.

Tender document can be downloaded from both the RBI website www.rbi.org.in under ‘Tenders’ section and from the website www.mstcecommerce.com. The last date for submission of Applications is August 18, 2025 till 11:00 AM. Tenders submitted only through the portal, will be accepted for the captioned process. Tenders, if received after the said date and time, will not be accepted by the Bank.

The Tenderer should check the above website / e-portal for any Amendment / Corrigendum / Clarification before submitting the bid. The Bank shall have the right to cancel, modify the Tender and extend the deadline for submission of Tender. Further, the Bank reserves the right to accept any Tender, either in full or in part and to reject any or all the Tenders without assigning any reason thereof.

Regional Director
Reserve Bank of India
Chennai


SCHEDULE OF TENDER

Note: This is a limited tender enquiry through MSTC portal. Only Category-I CA firms of state of Tamil Nadu are eligible to participate in this Tender. Bidders are advised to first visit “Tenders” link on our website https://www.rbi.org.in to check their eligibility. Eligible firms wishing to apply should register themselves with MSTC Portal (https://www.mstcecommerce.com) and apply online only.

A e-Tender no RBI/Chennai Regional Office/HRMD/1/25-26/ET/325[Appointment of Conc Auditors]
B Name of the Tender E-Tender for Appointment of Concurrent Auditors from October 01, 2025 to September 30, 2026 for RBI, Chennai as well as Reserve Bank Staff College, Chennai
C Mode of Tender e-Procurement System
(Online Part I – Technical Bid and Part II - Financial Bid through www.mstcecommerce.com)
D Date of Notice Inviting e-tender available for view/download on RBI website July 25, 2025 at 05:00 PM
E Last date for seeking clarification through email July 31, 2025 at 03:00 PM
F Date of Pre-Bid meeting August 01, 2025 at 12:00 PM
G Venue of Pre-Bid meeting 2nd floor, Conference Room-I, Reserve Bank of India, Chennai, Tamil Nadu-600 001
H Estimated value of tender i.e. Minimum remuneration fees (per year) ₹26,47,920/- (inclusive of GST@18%) for 12 months
I Earnest Money Deposit (EMD) ₹52,959/- (2% of Estimated Cost) to be remitted through NEFT. The details of transaction will have to be furnished as evidence of deposit of EMD along with technical bid.

Details for NEFT for EMD Payment of ₹52,959/-

Beneficiary Name: Reserve Bank of India, Chennai
Beneficiary Ac No: 186003001
IFSC: RBIS0CNPA01 (5th and 10th digits are zeros)

Remarks/particulars to be mentioned while remitting EMD through NEFT: EMD

Last date of submission of EMD August 18, 2025 till 11:00 AM

No exemption for payment of EMD is admissible even for firms/ companies registered as MSEs for this contract.
J Performance Bank Guarantee ₹1,32,396/- (5% of Estimated Cost) to be submitted by the successful bidder
K Transaction fees Payment of Transaction fee as mentioned in the MSTC portal through MSTC payment gateway through/ NEFT/ RTGS in favour of MSTC LIMITED or as advised by M/s MSTC Ltd. Please do not transfer the transaction fee to the Reserve Bank of India, Chennai. The fees charged by MSTC needs to be borne by the bidder only. Fees charged by MSTC Ltd. will not be refunded by the Bank in any case.
L Date of publication of minutes of the pre-bid meeting on RBI website. August 05, 2025
M Last Date of Submission of EMD On or before 11:00 AM of August 18, 2025.
N Date of Starting of online submission of e-Tender (Technical Bid and Financial Bid) at www.mstcecommerce.com August 05, 2025, 05:00 PM onwards
O Date & time of closing of online submission of e-Tender (Technical Bid and Financial Bid). August 18, 2025, 11:00 AM
P Date & time of opening of Part-I (Technical Bid) August 18, 2025, 03:00 PM
Q Date of opening of Part-II (Financial Bid) Part-II (Financial Bid) will be opened electronically of only those bidder(s) whose Part-I (Technical Bid) is found acceptable by RBI, Chennai. Such bidder(s) will be intimated regarding date of opening of Part-II (Financial Bid) through valid email given by them.


Tenders Awarded


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