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Date : Feb 09, 2024
Demolition of certain residential buildings (E & G blocks) on as is where is condition and buyback for serviceable materials at Reserve Bank Staff quarters, C.H. Road, Chennai

Reserve Bank of India, Chennai invites e-Tender (two parts) for the work – Limited tender for ‘e-tender for ‘Demolition of certain residential buildings (E & G blocks) on as is where is condition and buyback for serviceable materials at Reserve Bank Staff quarters, C.H. Road, Chennai 600 094.’ The tendering process will be done only through the e-Tendering portal of MSTC Ltd. (https://www.mstcecommerce.com/eprocn). All interested bidders (Empanelled for Civil, Interior, Fabrication, Painting works up to ₹10 lakh.) and (Disposal of Scrap items upto ₹5 Lakh) shall, register themselves with MSTC Ltd, through the above-mentioned website to participate in the tendering process.

The schedule of e-Tender is as follows:

a. E-tender No. RBI/Chennai Regional office/Estate/37/23-24/ET/515 [Demolition of 2 blocks at CHQ]
b. Name of work Demolition of certain residential buildings (E & G blocks) on as is where is condition and buyback for serviceable materials at Reserve Bank Staff quarters, C.H. Road, Chennai 600 094
c. Estimated cost Rebate for salvageable items including GST and TCS ₹9,35,563/-
Estimated cost of the work including GST ₹4,24,800/-
d. Earnest Money Deposit ₹39,250/-, shall be remitted by the successful bidder as EMD, on issue of Letter of Acceptance of the tender by the Bank.
e. Mode of Tender. e-Procurement System (Online Part I - Techno-Commercial Bid and Part II - Price Bid) through (https://www.mstcecommerce.com/eprocn)

Guidelines for e-tender has been provided as Annexure - I.
f. Date of NIT available to parties to download February 09, 2024.
g. Date of starting of e-tender for submission of online Techno-Commercial Bid and price Bid at
https://mstcecommerce.com/eprocn
15:00 Hrs on March 01, 2024.
h. Date of closing of online e-tender for submission of Techno-Commercial Bid & Price Bid. 15:00 Hrs on March 11, 2024.
i. Date & time of opening of Tender Part I (Techno-Commercial Bid) of the tender shall be opened at 15:30 Hrs on March 11, 2024. If no special conditions are put forth by the bidders, Part II (Price Bid) of the tender shall also be opened thereafter on the same day or else Part II (Price Bid) shall be opened on a subsequent date which shall be intimated to the bidders.
j. Validity of the tender 03 months from the date of opening of the PART- I of the Tender.
k. Transaction Fee Payment of Transaction Fee as mentioned in the MSTC portal through MSTC payment gateway / NEFT / RTGS in favour of MSTC Limited.

The Bank is not bound to accept the lowest tender and reserves the right to accept either in full or in part any tender. The Bank also reserves the right to reject all the tenders without assigning any reason thereof.

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 contractors. 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.

The Regional Director
Reserve Bank of India
Chennai




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