E-tender No.: RBI/Bangalore Regional Office/HRMD/7/25-26/ET/892[Empanelment of Car Hire Agency] A pre-bid meeting on the captioned tender was held on February 18, 2026, at 11:00 AM in HRMD (3rd floor), Reserve Bank of India, Bengaluru. The following RBI officials and the representatives of the following intending bidders / firms attended it: a. RBI Officials: Shri Anton Paul Solomon, Assistant General Manager Shri Abhijith D G, Assistant b. Representatives of the intending Bidders / Firms: | Name of the firm | | M/s First Cars Pvt. Ltd. | 2. The queries raised by the intending bidder & clarifications given by the Bank’s officials are tabulated below: | Sl. No. | Query | Comment | | 1 | What is the estimated business in Mangaluru per year | The estimated cost is ₹10.00 lakhs as mentioned in the tender document. | | 2 | Is retention money mandatory? | Retention Money @ 5% will be recovered from each on-account bill till the total recovery amounts to 5% of the contract value as stipulated in the tender document. Retention money will be released after completion of the contract subject to the successful completion of the contract as per the terms and conditions mentioned in the tender document. | | 3 | How to resolve technical issues during bidding? | The bidders were advised to contact the officials mentioned in page 5 of the tender document. | 3. All the other terms and conditions of the captioned tender will remain unchanged. | |