Corrigendum Minutes of the Pre-bid Meeting (RBI/Delhi Regional Office/HRMD/1/25-26/ET/277) 1. Reserve Bank of India, New Delhi (hereinafter referred to as “the Bank”) invites e-tender for “Supply and Door-step delivery of medicines to retirees / serving employees / eligible dependents at residences / colonies / office within National Capital Region against credit slips issued by dispensaries of the Reserve Bank of India, New Delhi” from eligible and willing Chemists/ Stockists/ Druggists. The estimated annual cost of tender is ₹7,50,00,000 – (Rupees Seven Crore Fifty Lakhs only) including GST. The initial period of the contract will be for one year from the date specified in the Work Order, as per laid down contractual obligations. 2. This is an Open Tender. Only those firms who are registered on MSTC portal will be able to take part in the tendering process. The tender document for viewing / download will be available from 05.00 p.m. onwards on July 11, 2025 from the website https://www.mstcecommerce.com/eprocn/ and will also be available on website https://www.rbi.org.in/Scripts/BS_ViewTenders.aspx for download. 3. This is a three-cover e-tendering process. In the first e-cover, the proof of EMD submission must be uploaded onto the MSTC portal. The second e-cover i.e., Part I (Techno-Commercial Bid) of only those bidders who have submitted the EMD to the Bank and uploaded the proof in the first e-cover will be considered for opening. The second e-cover i.e., Part I of the tender will contain the Bank’s standard technical and commercial conditions for the proposed work, which must be agreed to by the bidders. The third e-cover i.e., Part II (Price Bid) of the tender will contain the bidders’ price bid to be submitted online on MSTC portal. 4. The duly filled in tender documents shall be uploaded on MSTC website https://www.mstcecommerce.com/eprocn/. All Pre-Qualification (PQ) papers shall be uploaded only on MSTC portal and same will be downloaded at the time of opening of second e-cover i.e., Part I of the tender for examination by the Bank. The timeline and other details of the tender are as follows: | 1 | e-Tender No | (RBI/Delhi Regional Office/HRMD/1/25-26/ET/277) | | 2 | Name of Work | Supply and Door-step delivery of medicines to retirees / serving employees / eligible dependents at residences / colonies / office within National Capital Region of Delhi against credit slips issued by dispensaries of the Reserve Bank of India, New Delhi | | 3 | Mode of Tender | e-Procurement System
(First e-cover containing proof of submission of EMD, Second e-cover i.e., Part I – Techno-Commercial Bid and Third e-cover i.e., Part II – Price Bid)
The tendering would be done only through the e-Tendering portal of MSTC Ltd (https://www.mstcecommerce.com/eprocn/) | | 4 | Estimated Annual Supply (including GST) | ₹7,50,00,000/- (Rupees Seven Crore Fifty Lakhs only) | | 5 | Earnest Money Deposit | ₹15,00,000/- (₹ Fifteen lakh only) | | 6 | Date of NIT available to the parties to download | July 11, 2025 @ 05.00 p.m. | | 7 | Date and Place of Pre-Bid Meeting | Offline on August 08, 2025 @ 11.00 a.m.
Venue: Reserve Bank of India, 6, Sansad Marg, New Delhi - 110001 | | 8 | Date of Starting of online submission of e-Tender (Proof of submission of EMD, Techno-commercial Bid and Price Bid) at https://www.mstcecommerce.com/eprocn/ | August 09, 2025 @ 05.00 p.m. | | 9 | Last date of Proof of submission of EMD in the first e-cover on MSTC portal and submission of original EMD document in case of mode of payment being Demand Draft/ Banker’s Cheque/ Bank Guarantee | August 20, 2025 @ 12.30 p.m. | | 10 | Date of closing of online submission of e-tender (Techno-Commercial Bid & Price Bid) | August 20, 2025 @ 2.00 p.m. | | 11 | a. Date and time of opening of first e-cover (containing proof of submission of EMD)
b. Date and time of opening of second e-cover (containing Part I i.e., Techno-Commercial bid)
c. Date of opening of third e-cover (containing Part II i.e., Price Bid)
Note: The covers shall be opened in the presence of the authorized representative of the bidders who choose to be present | August 20, 2025 @ 3.00 p.m.
Second e-cover will be opened after verification of receipt of EMD as per proof submitted in first e-cover on August 20, 2025
Third e-cover i.e., Part II (Price Bid) of only those bidders who qualified in Part I (Techno-commercial Bid) shall be opened on a subsequent date, and it would be intimated to qualified bidders through email. | | 12 | Bid Validity | 90 days from the date of opening of the second e-cover i.e., Part I of the tender (Techno-Commercial Bid), the period of which may be extended by mutual agreement, and the bidder/s shall not cancel or withdraw the tender during this period. | | 13 | Transaction Fee
(Please note that the vendors will have the access to online e-tender only after payment of transaction fees online.) | Charged by MSTC
Payment of transaction fee through MSTC Payment Gateway/NEFT/RTGS in favour of MSTC Limited.
This will be borne by the applicant | 5. RBI has appointed following Independent External Monitor (IEM) in the tendering process- a. Shri Nageshwar Rao Koripalli, IRS (Retd.)
Address: 38, The Trails, Manikonda, R. R. District, Hyderabad – 500089
Mob – 09788919555, 08985970045
Email:- knageshwarrao@gmail.com b. Shri Pramod Shripad Phalnikar, IPS (Retd.)
Address: A-2, 602, Phase-I, Aditya Shagun, CHS, NDA-Pashan Road, Bavdhan, Pune, Maharashtra – 411021
Mob – 09011943674
Email:- pramodphalnikar@gmail.com 6. 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 any or all the tenders without assigning any reason thereof. Regional Director
Reserve Bank of India
New Delhi |