1. The Regional Director, Reserve Bank of India, Mumbai invites electronic, digitally signed bids through MSTC Limited website (https://www.mstcecommerce.com/eprochome/) under two bid system (Technical Bid and Price Bid) for supply of transportation service for transporting coins from Reserve Bank of India/ Government of India Mint, Fort, Mumbai to Currency Chests located in Mumbai, outstation RBI Offices, other centres etc. by fully covered container trucks/vehicles with carrier’s risk. The e-tender is worth approx. ₹2,40,00,000/- (Indian Rupees Two Crore Forty Lakh only) for two years. 2. For the above work, the bidders should submit their proposals in accordance with the important guidelines / instructions regarding e-Tendering along with all supporting documents and complete in all respects up to 02:00 P.M. on March 11, 2026. Tenders must be accompanied by submission of refundable Earnest Money Deposit of ₹4,80,000/- (Indian Rupees Four Lakh Eighty Thousand Only). The Technical bid(s) shall be opened electronically at 03:00 P.M. on March 11, 2026. In case the abovementioned date is declared a holiday, the bids shall be opened at the same time on the succeeding working day. 3. The e-Tender along-with the detailed tender notice and general instructions is available at MSTC Website https://www.mstcecommerce.com/eprochome/rbi and the Website of Reserve Bank of India at https://www.rbi.org.in under the menu “Tenders”. 4. Interested bidders must register themselves at the MSTC Limited through the aforementioned website to participate in the e-Tendering process. 5. The Bank reserves the right to accept or reject any or all bids or cancel this tender without assigning any reason thereof. Note: 1) All the tenderers must note that any amendment / corrigendum to this e-tender, if issued, shall only be notified on the website of Reserve Bank of India and MSTC Ltd. as mentioned above and shall not be published in any newspaper. Regional Director
Reserve Bank of India,
Mumbai Date - February 18, 2026
SCHEDULE OF TENDER (SOT) 1. Two Part Tender is invited by Reserve Bank of India, Mumbai Regional Office (hereinafter referred to as “RBI” or “the Bank”) from eligible bidders for supply of transportation service for transporting coins from Reserve Bank of India/ Government of India Mint, Fort, Mumbai to Currency Chests located in Mumbai, outstation RBI Offices, other centres etc. by fully covered container trucks/vehicles with carrier’s risk. 2. Only those bidder(s) who fulfil the qualification criteria are eligible to participate in this tender. The successful bidder/s shall provide sufficient number of fully covered container trucks/vehicles for transportation of Coins/ Coin bags tentatively for the period April 01, 2026, to March 31, 2028. The contract may be extended up to a further period of one year, with/ without any variation in the terms and conditions, subject to satisfactory performance and mutual agreement. | a. | e-Tender No. | RBI/Mumbai Regional office/Issue/1/25-26/ET/1028 | | b. | Mode Of Tender | e-Procurement System on MSTC e-commerce site (www.mstcecommerce.com/eprochome/rbi) (Online Part I - Technical Bid and Part II – Price Bid) | | c. | Estimated Value of the Work | ₹2,40,00,000/- (Indian Rupees Two Crore Forty Lakh only), for two years.
*The above amount is purely indicative only and the Bank is not under any obligation to incur expenditure equal to or exceeding the estimated cost/expenditure mentioned here in this tender. | | d. | Date of NIT available to parties to download | February 18, 2026 – 05:00 P.M. onwards | | e. | Pre-Bid meeting | Pre-Bid meeting (off-line) will be held on March 02, 2026, at 03:30 P.M. at Reserve Bank of India, Mumbai Regional Office, Issue Department Conference Room, Ground Floor, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001. | | f. | Publication of minutes of pre-bid meeting / addendum, if any | March 04, 2026 – 05:00 P.M. | | g. | Earnest Money Deposit (EMD) | ₹4,80,000/- (Indian Rupees Four Lakh Eighty Thousand Only) to be deposited in account no. 04869229999 and IFSC RBIS0MBPA04 on or before the date mentioned in the NIT. | | h. | Date of Starting of e-Tender for submission of online Technical Bid and Price Bid at www.mstcecommerce.com/eprochome/rbi | February 18, 2026 – 05:00 P.M. onwards | | i. | Last date of submission of EMD | March 11, 2026, till 12:00 P.M. | | j. | Date of closing of online e-tender for submission of Technical Bid and Price Bid | March 11, 2026, till 2:00 P.M. | | k. | Start Date & time of opening of Technical Bid | March 11, 2026, from 03:00 P.M onwards | | l. | Start Date & time of opening of Price Bid | To be communicated separately to bidders qualified in Technical Bid | 3. In the event of any date indicated above being declared as holiday, the next working day shall become operative for the respective purpose mentioned herein. Tender document can be downloaded from www.mstcecommerce.com. Any amendment(s)/corrigendum(s)/ clarification(s) with respect to this tender shall be uploaded on the website/e-portal only. The tenderer should regularly check the above website/e-portal for any amendment(s)/ corrigendum(s)/ clarification(s) on the above website. 4. The successful bidder/s shall be required to provide the services which are subject matter of this tender to Reserve Bank of India, Issue Department, Mumbai Regional Office. |