Reserve Bank of India, Department of Currency Management, Central Office had invited “National EOI for Procurement of Consultancy and Project Management Services for Modernisation of Currency Management Infrastructure in India” on September 12, 2024. 2. In this context, it is notified that certain clauses of the EOI document have been modified as under: | Chapter & Para No. of EOI Document | Existing Clause | Modified Clause | | Chapter 1 (Schedule) | Last date and time for submission of completed EOI - 1200 hours on October 29, 2024 | Last date and time for submission of completed EOI - 1200 hours on November 13, 2024 | | Chapter 3 (Scope of Work) - Part I(A)(g) | Obtaining statutory approvals / clearances / NOCs from various statutory authorities. | Preparing the documents and coordinating with the concerned authorities for obtaining statutory approvals / clearances / NOCs / etc. | | Chapter 3 (Scope of Work) - Part I (C) | The DPR shall be submitted within four months from the date of signing of the contract by the consultant for acceptance by the Bank. The Bank reserves the right to suggest modifications or alterations to the same. The revised project report shall be submitted to the Bank after incorporating the required changes for the final acceptance by RBI within one month from the date of receipt of comments from RBI. | The DPR shall be submitted within six months from the date of signing of the contract by the consultant for acceptance by RBI. This timeline may be extended by a reasonable period by RBI, based on its judgement, at the appropriate stage. RBI reserves the right to suggest modifications or alterations to the DPR. The revised DPR shall be submitted by the consultant to RBI after incorporating the required changes for final acceptance by RBI within one month from the date of receipt of comments from RBI. | | Chapter 5 (Eligibility Criteria) - Para 5(ii)(B) | This experience should have been covered in either a single assignment or across multiple assignments, started during the last 5 years ending August 31, 2024, carried out for Government / Semi-Government / Central Banks / Monetary Authorities / Public Sector Undertaking (PSU) / Banks / Financial Institutions / Private Sector Organisations, etc., in India and / or globally. | This experience should have been covered in either a single assignment or across multiple assignments, started during the last 10 years ending August 31, 2024, carried out for Government / Semi-Government / Central Banks / Monetary Authorities / Public Sector Undertaking (PSU) / Banks / Financial Institutions / Private Sector Organisations, etc., in India and / or globally.
Pursuant to the above change, the timeframe of 10 years would also apply at other places in EOI, such as Evaluation Matrix and Form B. | | Chapter 5 (Eligibility Criteria) - Para 5(iii)(b) | The applicant should have in-house experience for area (a) at serial number (ii), i.e., Process Automation including standardisation, and for Project Management. For other areas, experience of Technical Partners is also acceptable. | The applicant should have in-house expertise for ‘Process Automation including standardisation’ [Para 5(ii)(A)(a)] and ‘Project Management’. For other areas, expertise of Technical Partners is also acceptable. | | Chapter 7 (Evaluation of EOI) - Para 7.5 | The maximum marks assigned to the following parameters in the Evaluation Matrix (ANNEX-I) of this EOI may be scaled down as mentioned below for evaluation of Technical Bids during the RFP stage, which shall follow this EOI:
a. Project Experience in Domain areas – 20 marks.
b. Key Personnel having experience in various domain areas – 10 marks.
Further, Technical Bid evaluation in RFP shall include other parameters as deemed suitable by the Bank. | The following clause is added to this Para:
Scoring obtained for the above-mentioned parameters during the EOI process will not undergo change, in case additional partners are brought in by the shortlisted entity at the RFP stage. | | Chapter 7 (Evaluation of EOI) - Para 7.6 | The applicant should ensure continuity of Key Personnel shown in EOI stage during the RFP process as well. In case Key Personnel are proposed to be changed by the applicant during RFP process then it must be ensured that Key Personnel with equivalent or better experience and qualifications are made available. | The applicant should ensure continuity of Technical Partners and Key Personnel shown in EOI stage during the RFP process as well. In case Technical Partners and / or Key Personnel are proposed to be changed by the applicant during RFP process then it must be ensured that Technical Partners and / or Key Personnel with equivalent or better experience and qualifications are made available, and it will be subject to the approval by RBI. | | Form B [Details of Projects (Completed/ Ongoing)] - Column 2 of the Table | Project Name, and Client Name with Location | Addition of footnote to Table:
In cases where completion certificates cannot be furnished due to confidentiality agreements, a document signed and sealed by the authorised signatory of the applicant entity with a brief description of the client (covering sector/industry, latest audited balance sheet size, country of incorporation, etc), the nature of works / services performed, the duration of the project, etc., should be submitted. | | Form F (Declarations) - Para 2 | The Applicant is not in the list of blacklisted /debarred firms of any Government Agency anywhere in the world, for participating in the EOI, under any laws or official regulations in the last three years. | The Applicant is not in the list of blacklisted / debarred firms of any Government Agency in India, for participating in the EOI, under any laws or official regulations in the last three years. Further, Applicant is not in the list of blacklisted / debarred firms of any Government Agency anywhere in the world, outside India, on account of their assignments in the five areas mentioned in para 5(ii) / areas relating to currency management during the last three years. | | Form F (Declarations) - Para 3 | The Applicant and its Technical partners have not had any previous transgressions of code of integrity with any entity in any country during the last three years. | The Applicant and its Technical partners have not had any transgressions of code of integrity/ integrity pact with any entity in India in the last three years. Further, Applicant and its Technical partners have not had any previous transgressions of code of integrity / integrity pact with any entity anywhere in the world outside India, on account of their assignments in the five areas mentioned in para 5 (ii) / area relating to currency management during the last three years. | | Form G (Pre-Contract Integrity Pact) - Para 7- Fall Clause | The APPLICANT undertakes that it has not supplied/is not supplying similar product/systems or subsystems at a price lower than that offered in the present bid in respect of any other Ministry/Department of the Government of India or PSU or any other unit owned by Government of India / the PRINCIPAL and if it is found at any stage that similar product/systems or sub systems was supplied by the APPLICANT to any Ministry/Department of the Government of India or a PSU or any other unit owned by Government of India / the PRINCIPAL at a lower price, then that very price, with due allowance for elapsed time, will be applicable to the present case and the difference in the cost would be refunded by the APPLICANT to the PRINCIPAL, if the contract has already been concluded. | Clause stands deleted. | 3. The minutes of the pre-bid meeting held on September 30, 2024 are enclosed at Annex ‘A’. 4. The clarifications to the queries raised are enclosed as Annex ‘B’. These clarifications shall be treated as part of the EOI document issued on September 12, 2024. Chief General Manager-in-Charge
Department of Currency Management
Annex A Minutes of the Pre-Bid meeting – National EOI for “Procurement of Consultancy and Project Management Services for Modernisation of Currency Management Infrastructure in India” A National EOI for “Procurement of Consultancy and Project Management Services for Modernisation of Currency Management Infrastructure” was issued on September 12, 2024. As per the Schedule in the EOI document, pre-bid meeting was conducted on September 30, 2024 at 1600 hours through WebEx by Department of Currency Management (DCM). The meeting was attended by representatives of several entities, the list of which is given below. Shri Pramod Phalnikar, IPS (Retd.), Independent Monitor for pre-bid / pre-contract Integrity Pact for this EOI observed the Pre-Bid meeting. Following were the participants of the meeting: RBI Participants | Sr. No | Name of the Official | Name of the Department | | 1. | Ms. Suman Nath, CGM | DCM, CO | | 2. | Shri J P Bansal, CGM | DCM, CO | | 3. | Ms. Deepika Jhajharia, DGM | DCM, CO | | 4. | Ms. Bindu Vasu, Joint Legal Advisor | Legal Department, CO | | 5. | Ms. Aashmi Selvan, Manager | DCM, CO | | 6. | Ms. Heena Aggarwal, Manager | DCM, CO | | 7. | Shri Rahul Koppati, Manager | DCM, CO | List of Prospective Applicant Entities | Sr. No | Name of the Representatives | Name of the Organization | | 1. | Shri Vinit Agarwal | KPMG India | | 2. | Shri Gaurav Shobhane | Accenture India Pvt. Ltd | | 3. | Ms. Meenakshi Garg | Accenture India Pvt. Ltd | | 4. | Shri Vijay Kumar Baliyan | Accenture India Pvt. Ltd | | 5. | Shri Peter Ulrix | PEC | | 6. | Shri Ranjan Gupta | Professionals for Planning Architecture and Landscape (PPAL) | | 7. | Shri Jens Eberhardt | Cash Infrastructure Projects and Services GmbH | | 8. | Shri Chander S Jeena | Reconnaissance International | | 9. | Shri Ashish Chandra | CBSL Group | | 10. | Shri Sumit Patni | PwC | | 11. | Shri Udaykumar M N | PwC | | 12. | Shri Ritesh | PwC | | 13. | Shri Satish | PwC | | 14. | Shri Thomas Philip | Dassault Systemes | | 15. | Shri Bitan Dutta | Boston Consulting Group | | 16. | Shri Shubham Baweja | Boston Consulting Group | | 17. | Shri Ankur Bhargava | Ernst & Young LLP | | 18. | Shri Puneet Kumar Chauhan | SIS PROSEGUR | | 19. | Shri Taha Hayat Ansari | Colliers | | 20. | Shri Deepak Anand | Colliers | | 21. | Shri Tarun Gupta | Toshiba India Pvt. Ltd | 2. The queries raised by various entities regarding terms and conditions of the EOI document were clarified / noted. The clarifications to the points raised are furnished in Annex ‘B’. |
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