Tenders

E-Tender No. RBI/Regional Nagpur Office/Issue/2/25-26/ET/762

The Regional Director, Reserve Bank of India, Nagpur (hereinafter called “the Bank”), invites E-Tenders under Two-Bid system (Technical (Techno-Commercial) Bid & Price Bid) for supplying minimum five (05) number of fully covered container trucks [three (3) containers having loading capacity of sixteen (16) tonne each and two (2) containers having loading capacity of ten (10) tonne each having metallic body of sufficient thickness, preferably bullet / tamper proof with secure tamper proof double locking arrangement, enabled with Global Positioning System (GPS) along with functionality to send an alert to the owner / supervisor when the container is halt for more than half an hour, CCTV enabled for passenger and cargo compartment, wireless mobile communication system along with Hooter and Fire extinguisher for transportation of coins packed in bags with carrier’s risk from:

1. any Issue Office of RBI / Indian Government Mint to the RBI, Nagpur.

2. RBI, Nagpur / Indian Government Mint to the currency chests located under its jurisdiction or to any other place specified by RBI, Nagpur and;

3. Currency chests located in the jurisdiction of RBI, Nagpur to RBI, Nagpur or to any other place specified by RBI, Nagpur.

2. The period of contract will initially be valid for one year from April 01, 2026 to March 31, 2027 and may be extended by the Bank at its opinion for a further period of two years [one year each at a time], with or without any variation in the terms and conditions, subject to satisfactory performance of the contractual terms and conditions.

3. The detailed information regarding the above e-Tenders will be available at MSTC website https://www.mstcecommerce.com/eprocn. The details of eligibility criteria and the detailed Notice Inviting Tender are also available on the website of the Bank at https://www.rbi.org.in. The Tendering would be done through the e-Tendering portal of M/s MSTC Ltd. (https://www.mstcecommerce.com/eprocn). All interested bidders must register themselves with M/s MSTC Ltd. through the above referred website to participate in the e-Tendering process.

4. The schedule for the e-Tendering process is detailed hereunder:

5. Eligibility:

The bidders must be experienced, resourceful, financially sound and licensed entity (company/ partnership/ proprietary firm, etc.) fulfilling the following conditions:

(i) The bidder must have at least three years’ experience ending 31st March of the previous financial year (i.e. March 31, 2025) of similar type of services to Central/ State Government/ PSUs/ Nationalised Banks/ Reputed organisations. Services rendered with list of such Central/ State/ PSUs / Nationalised Banks/Reputed organisations with duration of service shall be furnished.

(ii) The bidder must have successfully executed/completed similar work, over the last three years, i.e., the current financial year and the last three financial years: -

a. Three similar work each costing not less than the amount equal to 40% (forty per cent) of the estimated cost; or

b. Two similar work each costing not less than the amount equal to 50% (fifty per cent) of the estimated cost; or

c. One similar work costing not less than the amount equal to 80% (eighty per cent) of the estimated cost

Similar work is defined as the bidder must have experience in undertaking transportation services of banknotes, coins, or other secured valuables for Central/State Government bodies, PSUs, Nationalized Banks, or reputed financial organizations. The work may include bulk or scheduled transport of currency or valuables in tamper-proof, GPS-enabled vehicles along with adequate security arrangements such as escort vehicles, if necessary.

(iii) Minimum average annual turnover of at least 30% of estimated cost of the contract during the last three financial years, ending 31st March of the previous financial year (i.e., March 31, 2025), supported by audited financial statements.

(iv) Positive net worth as per the latest audited balance sheet. The bidders shall submit solvency certificate duly certified by the bank.

(v) Regarding Client’s certificate, for works carried out for Government/ public sector companies, the certificate should be signed by the concerned Executive Engineer or an officer in an equivalent or higher rank. For works carried out for Private companies, Copy of TDS must be submitted for proving the credentials/contract amount.

(vi) The above information/documents are required to be submitted mandatorily by all the bidders to enable the Bank to verify their eligibility for participating in the tendering process.

(vii) The tenderers have to invariably furnish details along with documentary evidence of previous experience, if any, of carrying out works for the Reserve Bank of India.”

Note: All the Bidders must note that any amendments / corrigendum to the e-Tender, if issued in future, will only be notified on the website of RBI and MSTC Ltd. as provided above and will not be published in any newspaper.

6. The Bank reserves the right to accept or reject any or all e-Tenders without assigning any reason thereof.

Regional Director
Reserve Bank of India
Nagpur