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Date : Nov 02, 2023
Empanelment of Suppliers/Stockists/Chemists for Supply of Drugs & Medicines on Credit Slips for Reserve Bank of India at Panaji

Cancellation of Tender

Reserve Bank of India, Panaji Office (the Bank) intends to prepare separate panels of suppliers / stockists / chemists (hereinafter referred to as Chemists for brevity) for supply of medicines to the Bank on Credit Slips. The panel is expected to remain operational for a period of three years from April 01, 2024 to March 31, 2027 subject to satisfactory performance. Empanelled Chemists will be eligible for quoting price bid online through MSTC portal for awarding annual contract for supply of medicines on credit slips issued by the Bank’s Dispensary.

2. The Expected Annual Procurement through credit slips will be around Rs. 15,00,000/- (Rupees Fifteen Lakhs only).

3. The chemist should have an Annual Minimum Turnover of Rs.8,00,000/- (Rupees Eight lakhs only) for last three years.

4. The shop/ establishment of the chemist should be situated in the state of Goa.

5. On entering into an annual purchase contract with the Bank, the chemist will have to furnish a Performance Bank Guarantee for Rs. 1,50,000/- (Rupees One lakh fifty thousand only), either in the form of Bank Guarantee valid for 18 months issued by the Scheduled Bank or through Demand Draft payable to ‘Reserve Bank of India, Panaji. No claim shall be made against the Bank (Regional Director, RBI, Panaji) in respect of interest, if any, due on Performance Security.

The Performance Bank Guarantee should remain valid upto six months beyond the validity period of the contract.

6. The Bank invites applications from such Chemists who are interested in inclusion in the panels. Chemists who fulfil the eligibility criteria and agree to the other terms and conditions should apply in the prescribed form to the Regional Director, Reserve Bank of India, Human Resource Management Department, Patto, Panaji-403001. Duly completed application along with the necessary enclosures, in a sealed envelope superscribed as “Application for Empanelment of Chemists for Supply of Medicines on credit slips to retired and serving staff”, should be dropped in the tender box kept for the purpose by 3.00 p.m. on November 22, 2023.

7. The Bank reserves the right to accept or reject any or all the applications received without assigning any reasons.




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