Human Resources Management Department, Reserve Bank of India (hereinafter referred to as ‘’the Bank”) invites Tenders (Part I: Technical bid & Part II: Financial bid) through e-Tender from reputed Massive Open Online Courses (MOOCs) Vendors (hereinafter referred to as ‘’Vendors”), for procurement of 1250 MOOCs licenses for officers of the Bank. Only those vendors who fulfill the Pre-qualification criteria are eligible to participate in this tender. 2. The contract will be initially valid up to March 31, 2027 from the date of allocation of MOOCs licenses and thereafter may be renewed for up to two additional terms of twelve (12) months each subject to satisfactory performance/service rendered by the Vendor and compliance with all terms and conditions as evaluated by the Bank. Such renewals, if approved by the Bank, shall be at the pro-rata cost per license as applicable for the first term i.e. 1.33 times of the cost per license quoted for first term. 3. The “Request for Proposal” (RFP) for the tender is available on Bank's website (https://www.rbi.org.in) in ‘Tenders’ Section. Interested bidders are requested to refer to the said RFP. Bids made strictly as per provisions of the RFP document should be submitted online. 4. Any Amendment(s) / Corrigendum / Clarification(s) with respect to this Tender shall be uploaded only on the RBI website / MSTC e-portal and will not be published in the newspaper. The Tenderer / Bidder should check the above website / e-portal for any Amendment / Corrigendum / Clarification before submitting the bid. The Bank shall have the right to cancel, modify the Tender and extend the deadline for submission of Tender. Further, the Bank 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. SCHEDULE OF TENDER (SOT) | Sr. No. | Details | Date/Time/Other Particulars | | 1. | E-Tender No. | RBI/HRMD-CO Central Office Departments/Others/5/26-27/ET/90 [Engagement of Vendor for MOOCs] | | 2. | Mode of Tender | e-Procurement System
(Online Part I - Technical Bid and Presentation Part II - Financial Bid through www.mstcecommerce.com/eprocn/) | | 3. | Date of Notice Inviting Tender (NIT) available to vendors for view/ download | From: 1200 Hrs. on May 14, 2026
To: 1100 Hrs. on June 04, 2026 | | 4. | Pre-Bid meeting | 1100 Hrs. on May 21, 2026, at RBI, New Central Office Building. All questions regarding the tender should be submitted by e-mail latest by 1100 Hrs. on May 20, 2026 in the format given in Annex XII | | 5. | Date of starting of e-Tender for submission of online Technical Bid and Financial Bid at www.mstcecommerce.com/eprocn/ | 1200 Hrs. on May 14, 2026 | | 6. | Date & time of closing of online e-tender for submission of Technical Bid and Financial Bid. | 1400 Hrs. on June 04, 2026 | | 7. | Date & time of opening of Part-I (Technical Bid) | 1500 Hrs. on June 04, 2026 | | 8. | Date and time of Presentation/Demo at RBI Central Office, Fort, Mumbai | 1100 Hrs. on June 10, 2026 | | 9. | Date and time of opening of Part-II (Financial Bid) | 1100 Hrs. on June 11, 2026 | | 10. | Transaction fees | MSTC charges to be paid through MSTC Payment Gateway/NEFT/RTGS in favour of MSTC Limited or as advised by MSTC Ltd.
(Please do not transfer the transaction fee to Reserve Bank of India) | | 11. | Estimated value of tender (excluding taxes) for one year | ₹1,18,75,000 (Rupees One Crore Eighteen Lakhs and Seventy-Five Thousand only)
Please note that the first term will only be for three quarters of a year i.e., from July 01, 2026, to March 31, 2027. | | 12. | Earnest Money Deposit (EMD)
(Non-submission of EMD will render the tender unresponsive and will be rejected.) | EMD of 2% of the estimated value of tender (₹ 2,37,500 only) shall be remitted in favour of Reserve Bank of India by NEFT only.
Details for NEFT:
Beneficiary Name: RESERVE BANK OF INDIA
Beneficiary Ac No: 41869229904
IFSC: RBIS0COD001 (5th, 9th and 10th character is zero, 7th character is alphabet O)
Please mention UTR transaction details while applying in the given format Annex IX. | | 13. | Last date of submission of Earnest Money Deposit (EMD) through NEFT | On or before closing of tender submission time i.e.,
1400 Hrs. on June 04, 2026 | | 14. | Performance Bank Guarantee (PBG) | Successful bidder shall furnish a Performance Bank Guarantee (PBG) issued by any scheduled commercial Bank, as per Annex X, of an amount equivalent to 5% of the contract value, within a period of 15 days from the date of award of contract, which shall be valid for two months beyond the period of Contract. Alternatively, the selected bidder may deposit the aforesaid amount with RBI through online mode (NEFT/RTGS) as security deposit within 15 days from the date of award of contract, and the amount deposited shall be refunded without any interest, within 30 days’ post completion of work. | | |