Reserve Bank of India, Nagpur invites e-tender in two parts (Part I – Techno- commercial Bid & Part II – Price Bid) from eligible car hiring agencies/companies for "Empanelment of Car Hiring Agencies/Companies for providing Car rental services on need basis to Reserve Bank of India, Nagpur". The contract will be initially valid up to March 31, 2027 and will be extendable for a maximum of two more years, one year at a time, subject to satisfactory performance, or other periods/ parameters as the Bank may decide. SCHEDULE OF TENDER (SOT) | S. N. | Item | Details | | 1 | E-Tender no. | RBI/Nagpur Regional Office/Others/3/25-26/ET/637 | | 2 | Mode of Tender | At MSTC website through e-Procurement System (Online Part I - Techno-Commercial Bid and Part II - Price Bid) only
Link- www.mstcecommerce.com/eprocn | | 3 | Name of Work: | Empanelment of Car Hiring Agencies/Companies for providing Car rental services on need basis to Reserve Bank of India, Nagpur. | | 4 | Estimated Cost | Approximately ₹26,50,000/- (Rupees Twenty Six Lakhs Fifty Thousands Only) per annum inclusive of all applicable taxes | | 5 | i. Earnest Money Deposit (EMD) | ₹53,000/- (Rupees Fifty-Three Thousand Only) By
1. NEFT, RBI A/c No.8714295, IFSC Code: RBIS0NGPA01 (5th& 10th digit is zero),
or
2. DD in favour of Reserve Bank of India, payable at Nagpur,
or
3. An irrevocable Bank Guarantee issued by a scheduled bank in the Bank's standard proforma (Annexure-B). The Bank Guarantee (from Scheduled Commercial bank) submitted towards EMD has to be valid for the period of the tender plus additional 45 days.
Under no circumstances, EMD will be accepted in the form of fixed deposits of the bank, cheque or cash. | | ii. Tender Fees | Nil | | 6 | Transaction Fee | 0.05% of total estimate cost of estimated cost plus GST @18% to be paid through MSTC Payment gateway/NEFT/RTGS in favour of MSTC Limited or as advised by M/s MSTC Ltd | | 7 | Retention Money | Retention Money @ 5% will be recovered from each empaneled vendor on-account bill till the total recovery amounts to 5% of the estimated cost per vendor as stipulated in the tender document. | | 8 | Performance Guarantee | 05% of the estimated cost
(to be submitted by the successful bidder) | | 9 | Date of availability of Tender for viewing | December 15, 2025, 1200 Hrs. onwards | | 10 | Pre-Bid Meeting (On-line) | December 22, 2025 at 11.00 Hrs.
(Through CISCO WebEx),
Parties interested to participate in pre-bid meeting may request for the WebEx link via email to chetankhandoji@rbi.org.in or avinashkumar@rbi.org.in. WebEx link will be provided on or after December 19, 2025 | | 11 | Date of starting of e-Tender for submission of online Techno-Commercial Bid | December 24, 2025 at 1200 Hrs. | | 12 | Last date of submission of EMD. | January 05, 2026 up to 1100 Hrs.
EMD, if submitted in form of DD/ Bank guarantee shall be submitted physically to the Bank before 1100 Hrs. on January 05, 2026. | | 13 | Date of closing of online e-tender for submission of Techno-Commercial Bid | January 05, 2026 at 1200 Hrs. | | 14 | Date & time of opening of Part-I: Techno-Commercial Bid | January 05, 2026 at 1530 Hrs. | | Date & time of opening of Part-II: Price Bid | Date of opening of Part-II i.e., price bid shall be informed separately to all the eligible bidders in Part-I by e-Mail | | 15 | Validity of the tender | Three months from the date of opening of the PART-I of the Tender | Note: Tenderers may please note that any amendments / corrigendum to the Tender, if issued in future, will only be notified on the website of RBI and will not be published in the newspaper. Regional Director
Reserve Bank of India
Nagpur | |