Reserve Bank of India, Premises Department, Central Office, Fort, Mumbai – 400001 invites Techno-Commercial Bids (Two-Stage Two-Envelope Bidding Process) from empanelled Design and Build Construction Agencies (DBCAs) for the following Project on Design and Build Mode: | Sr. No. | Particulars | Details | | 1 | Name of the Project | Development of New Central Office Building for Reserve Bank of India (RBI) on Design & Build (DB) Mode at Nariman Point, Mumbai | | 2 | Tender No. | RBI/PD-Central Office Departments/SPC/2026 | | 3 | Estimated Cost of the Project | Rs.1586 Crore | | 4 | Earnest Money Deposit (EMD) NEFT/RTGS/DD/BG | All DBCAs shall submit EMD as follows:
(i) NEFT / RTGS
Rs. 31.72 Crore to be remitted by NEFT/RTGS through:
A/C No. 41861403873
Beneficiary Name-Reserve Bank of India
IFSC Code: RBIS0COD001
(5th, 9th & 10th letter from beginning is zero)
OR
(ii) Demand Draft/Bank Guarantee:
Rs. 31.72 Crore in the form of Demand Draft/Bank Guarantee
In favour of Reserve Bank of India to be submitted in physical form along with Stage I: Submission of three Concept Designs to
The Chief General Manager i-C,
Reserve Bank of India,
Premises Department, Central Office,
Mumbai – 400001
The Bank Guarantee shall be as per Form C of Bidding Document Volume I of V | | 5 | Tender Fee | Rupees 10,000/- Ten Thousand Rupees Only (Inclusive GST) payable by Demand Draft | | 6 | Issue of Bidding Document | On April 16, 2026 | | 7 | Bidding Document | Bidding Document consists of five Volumes as below:
| Volume I | Bidding Procedures | | Volume II | Employer's Requirements and Supplementary Information | | Volume III | Conditions of Contract for Plant & Design Build SECOND EDITION 2017, Reprinted 2022 with Amendments (Yellow Book) published by the Federation Internationale des Ingenieurs – Conseils (FIDIC) | | Volume IV | Particular Conditions Part A - Contract Data | | Volume V | Particular Conditions Part B – Special Provisions | | | 8 | Site Visit | At 10.30 AM on April 28, 2026, at Nariman Point, Mumbai | | 9 | Last date for submission of Pre-bid queries, if any | May 05, 2026 up to 17:00 Hrs
(via email spcellco@rbi.org.in) | | 10 | Date of holding Pre-bid meeting | May 11, 2026, 03:00 PM at the Office of:
The Chief General Manager -I-C,
Reserve Bank of India,
Premises Department, Central Office,
Fort, Mumbai – 400001 | | 11 | Date for issue of Corrigendum, if any, to Bidding Document on RBI website. | Will be communicated separately | | 12 | Two - Stage Bidding Process | There are two Stages in the Bidding Process:
Stage I: Submission of three Concept Designs by DBCA
Stage II: Submission of Techno-Commercial Bid and Financial bid in two Parts i.e. 1) Envelopes for detailed design proposal based on Concept Design approved by the Employer and 2) Financial bid. | | 13 | Stage I | | | 13.1 | Last Date and Time for submission of three Concept Designs | June 16, 2026, till 02:00 pm | | 13.2 | Date of approval by the Employer for one Concept Design of each DBCA | Will be communicated by the Employer. | | 14 | Stage II | | | 14.1 | Last date & time for submission of Techno-Commercial Bid for approved Concept Design (with reasonably sufficient details to enable the Employer to evaluate and score the Concept Design) in two Parts/ Envelopes as follows
(1) Part/Envelope 1: Technical Bid
(2) Part/Envelope 2: Financial Bid | 1.5 Months from formal approval of concept design by the Employer. | | 14.2 | Stage II
Part/Envelope 1
Technical Bid
Date and time of opening of Part/Envelope 1: - Technical Bid. | Will be communicated by the Employer | | 14.3 | Date and time of presentation of the approved Concept Design to the Evaluation Committee | Will be communicated by the Employer | | 14.4 | Stage II
Part/Envelope 2
Financial Bid
Date and time of opening of Part/Envelope 2: -Financial Bid. | Will be communicated by the Employer | | 15 | Time for Completion | Time for Completion of the Project shall be 60 (Sixty) months (including monsoon) from the Commencement Date.
This includes the time taken for obtaining Municipal Approvals, all Statutory Permissions / Approvals, obtention of commencement certificate etc. Execution of the work to obtain Occupation Certificate and all statutory connections, will include the monsoon period. | | 16 | Defects Liability Period | 24 months from the date of issuance of Taking Over Certificate | | 17 | Performance Security | 5% of the Accepted Contract Amount (including GST) in the form of Bank Guarantee as per Form D of Bidding Document Volume I of V | Note: This notice is being published for information only and is not an open invitation to quote in this limited tender. Participation in this tender is by invitation only and is limited to the selected Procuring Entity's enlisted /empanelled construction agencies. Unsolicited offers are liable to be ignored. However, contractors who desire to participate in such tenders in future may apply for enlistment with RBI as per procedure. | |