Reserve Bank of India (hereinafter referred to as RBI), Human Resource Management Department, Bhopal invites e-tender in two parts (Part I & II) from eligible Companies / Firms / Agency for Empanelment of Car Hiring Agencies/Companies for the period from April 01, 2026 to March 31, 2029. The initial contract will be valid for 12 months i.e. from April 01, 2026 to March 31, 2027 and will be renewed and extended on mutual terms and conditions on provision of satisfactory performance by the agency for a period of one year at a time (not more than two year). 2. This is an open tender. Only those firms, who are registered on MSTC portal will be able to take part in the Tender process. The tender document is available on website https://www.mstcecommerce.com/eprocn/ for download. 3. Tender shall be submitted online in two parts. Part-I of the tenders will contain the Bank’s standard technical conditions for the proposed work, which must be agreed to by the tenderers. Part-II of the tender will contain tenderer’s price bid to be submitted online. 4. The firms fulfilling the eligibility criteria and desirous of being considered for award of the work should upload all the required documents at https://www.mstcecommerce.com/eprocn/ on or before February 26, 2026 (14:00 hours). 5. Part-I of the tenders will be opened at 16:00 hrs on February 26, 2026, on MSTC website. The timeline of the tender is as follow: | A | e-Tender No. | RBI/Bhopal Regional Office/HRMD/3/25-26/ET/877 | | B | Mode Of Tender | e-Procurement System
(Online Part I - Technical Bid and Part II - Price Bid) through https://www.mstcecommerce.com/eprocn/) | | C | Date of NIT available to parties to download | January 22, 2026 at 11:30 AM (Thursday) onwards | | D | Pre-Bid meeting – Offline | February 12, 2026 (Thursday) at 11:00 am at 3rd floor, conference room, Reserve Bank of India, Bhopal | | E | Date of Starting of e-Tender for submission of online Technical Bid and Price Bid at https://www.mstcecommerce.com/eprocn/ | February 16, 2026 at 11:00 am (Monday) onwards | | F | i) Earnest Money Deposit (Last date and time for receipt of EMD at RBI Bhopal – February 09, 2026 upto 14:00 hrs)
ii) Estimated cost | Rs. 48,000/- (2% of estimated cost) in the form of NEFT in Favour of Reserve Bank of India, Bhopal on or before date and time mentioning Name/Company Name of the vendor in NEFT transaction remarks
Details of NEFT
Beneficiary Name: RESERVE BANK OF INDIA
Beneficiary Ac No: 186003001
IFSC Code – RBIS0BLPA01 (fifth and tenth character are Zero)
₹24,00,000/- (excluding GST) | | G | Date of closing of online e-tender for submission of Technical Bid & Price Bid. | February 26, 2026 upto 02:00 pm (Thursday) | | H | Date & time of opening of Part-I (i.e. Technical Bid)
Part-II Price Bid: Date of opening of Part II (i.e. price bid) | February 26, 2026 at 04:00 pm (Thursday)
Date for opening of Part II (Price bid) shall be informed separately | | I | Transaction Fee | As intimated by MSTC to be paid through MSTC Payment Gateway/NEFT/RTGS in favour of MSTC Limited or as advised by M/s MSTC Ltd. | Regional Director
Reserve Bank of India
Bhopal |
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