Reserve Bank of India (RBI), Panaji Regional Office (hereinafter referred to as ‘Bank’) invites applications from reputed and experienced car hiring agencies/ taxi operators for empanelment by the Bank for providing vehicles for the use by its officers and authorised persons for period from April 01, 2026 to March 31, 2027 (with the provision of renewal on mutually agreed terms and conditions for a maximum period of two more years, one year at a time i.e. from April 01, 2027 to March 31, 2028, and from April 01, 2028 to March 31, 2029, subject to satisfactory performance to be evaluated by the Bank at the time of expiry of prevailing agreement). 2. The tendering process shall be done through the e-tendering portal of MSTC Ltd. (https://www.mstcecommerce.com/eprocn). Interested tenderers must register themselves with MSTC Ltd. through the above-mentioned website to participate in the tendering process. Tender document can be downloaded from both the RBI website www.rbi.org.in under ‘Tenders’ section (on the homepage of RBI website), and from the website www.mstcecommerce.com. The last date and time for submission of application is March 09, 2026 till 03:00 PM. Tenders submitted only through the portal, shall be accepted for the captioned process. Tenders, if any received (through any mode) after the said date and time, shall not be accepted by the Bank. Interested tenderers shall upload the filled Form/ s wherever applicable on the MSTC portal. 3. The Tenderer/applicants are advised to regularly check the above website / e-portal for any amendment / corrigendum / clarification before submitting the bid. No separate communication shall be made in this regard. The RBI shall have the right to cancel, modify the tender and extend the timeline for submission of bid. Further, the RBI 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
Goa
Schedule of Tender (SOT) | 1 | e-Tender Name | Empanelment of Car Hiring Agencies/ Taxi Operators by Reserve Bank of India, Panaji | | 2 | e-Tender No. | E-Tender Ref No: RBI/Panaji/HRMD/3/25-26/ET/1015[Empanelment – Car Hiring] | | 3 | Mode of Tender | e-Procurement System
(Online Part I - Technical Bid and Part II - Financial Bid through https://www.mstcecommerce.com/eprocn) | | 4 | Date of NIT available to parties to Download | From 03.00 PM on February 16, 2026 onwards | | 5 | Pre-Bid meeting | February 27, 2026 at 11.00 AM in the Conference Room, 7th Floor, Reserve Bank of India, Gera Imperium II, Patto Plaza, Panaji 403 001 | | 6 | Estimated Cost of Tender | ₹20,00,000/- (Approx.) (inclusive of all costs and exclusive of applicable Taxes) | | 7 | Earnest Money Deposit | ₹40,000/- (Rupees Forty Thousand only) being 2% of the total contract value shall be deposited with the RBI by each bidder through NEFT on or before 02:00 PM on March 09, 2026. Beneficiary details for NEFT transaction are provided below:
Name: Reserve Bank of India, Panaji
Beneficiary Ac No: 186003001
IFSC: RBIS0PJPA01 (please read the fifth and tenth letter as zero ‘0’)
Note: E-mail confirming the NEFT transfer may be sent to allotmentpanaji@rbi.org.in
and
CC to pulkitagrawal@rbi.org.in
kartikg@rbi.org.in
and agawade@rbi.org.in
The EMD/s of unsuccessful agency/ bidder shall be returned within 15 days from date of the award work / contract without any interest payable in this regard; whereas the EMD of the successful bidder/s will be returned within 15 days upon the submission of PBG. | | 8 | Last date of submission of EMD | March 09, 2026 till 02:00 PM | | 9 | Date of Starting of e-Tender for submission of online Technical Bid and Financial Bid at (https://www.mstcecommerce.com/eprocn/rbi/) | From 03.00 PM onwards on February 16, 2026 | | 10 | Date of closing of online e-tender for submission of Technical Bid and Financial Bid | March 09, 2026 (03:00 PM) | | 11 | Date & time of opening of Part-I (i.e., Technical Bid) | March 09, 2026 at 04:00 PM | | 12 | Date & time of opening of Part-II (Financial Bid) of Tender | Part-II (Financial Bid) will be opened electronically of only those bidder(s) whose Part-I (Technical Bid) is found acceptable by RBI, Panaji. Such bidder(s) will be intimated regarding date of opening of Part-II (Financial Bid) through valid e-mail ID given by them. | | 13 | Transaction Fee | If any to be paid through MSTC Payment Gateway/NEFT/RTGS in favour of MSTC Limited or as advised by M/s MSTC Ltd. Please do not transfer the transaction fee to Reserve Bank of India, Panaji | |
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