E-Tender No. RBI/Regional Nagpur Office/Issue/1/25-26/ET/763 The Regional Director, Reserve Bank of India, Nagpur (hereinafter called “the Bank”), invites e-tenders under Two-Bid system (Technical & Financial Bid) from reputed, experienced and licence holder labour contractors for supply of sufficient number of adult and able bodied labourers / mazdoors for loading, unloading, weighing, carrying, spreading, stacking of coins bags/note boxes and also for miscellaneous incidental items of work in the premises of the RBI Nagpur including loading, unloading, stacking of note boxes at Railway Stations / Airports or any premises identified by RBI NAGPUR. 2. The period of contract will initially be for one year w.e.f. April 01, 2026 till March 31, 2027 and may be extended by RBI, Nagpur 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/eprochome/rbi. The details of eligibility criteria and the detailed notice inviting Tender are also available on the corporate 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/eprochome/rbi). 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 as under: | E-Tender No. | E-Tender No. RBI/Regional Nagpur Office/Issue/3/25-26/ET/763 | | Mode of Tender | e-Procurement System (Online)
Part I – Technical Bid and Part II – Price Bid
https://www.mstcecommerce.com/eprocn | | Estimated value of work | Estimated cost of the work is approximately ₹1,01,00,000/- (Rupees One Crore One Lakh only) including GST @ 18 % for the contract period of one year from April 01, 2026 to March 31, 2027. However, the actual amount may vary. | | Date and Time of Notice inviting Tender (NIT) and tender documents available to parties for viewing and download on Bank’s Website and e-procurement portal (MSTC) | January 14, 2026 from 12.00 PM | | Pre-Bid meeting (Offline) (Date, Time and Venue) | February 11, 2026 at 11:00 AM
Venue: – Issue Department, Reserve Bank of India, Main Office Building, Civil Lines, Nagpur- 440001. | | Earnest Money Deposit (EMD) for all bidders | ₹2,02,000/- (Rupees Two Lakhs Two Thousand only) i.e. 2% of the estimated cost to be deposited in favour of Reserve Bank of India, Nagpur in account No. 8714295 & IFSC– RBIS0NGPA01 of RBI, Nagpur (by NEFT only) on or before the date given in NIT. | | Performance Bank Guarantee (PBG) for successful bidder only | ₹5,05,000 (Rupees Five Lakh and Five Thousand only) i.e. 5% of the Contract Value for fulfilment of the obligations of the tender | | Last date and time of submission/deposit of EMD through NEFT | February 24, 2026 till 11.00 AM.
It is the duty of the bidder to ensure that the EMD amount and proof of transaction must be received and settled on or before 11.00 AM on February 24, 2026. The cut off time for EMD will be strictly followed. Any transaction initiated or unsettled beyond the said time and date shall be considered invalid and no request shall be taken in this regard. | | Transaction Fee | Payment of Transaction Fee as mentioned in the MSTC portal through MSTC payment gateway / NEFT / RTGS in favour of MSTC Limited. | | Date of starting of e-Tender for submission of online Technical Bid and Price Bid at www.mstcecommerce.com/eprocn | February 14, 2026 from 11:00 AM | | Date of closing of online e-tender for submission of Technical Bid & Price Bid | February 24, 2026 till 11.00 AM | | Date and time of opening of Part-I (Technical Bid) | February 24, 2026 from 03.00 PM | | Date & Time of opening of Part-II (Price Bid) | Will be intimated separately to all the eligible bidders. | 5. Eligibility: The tenderer must be a reputed, experienced and license holder Labour Contractor having: I. The bidder must have at least three years' experience as on March 31, 2025 of similar type of services to Central/ State Government/ PSUs/ Nationalized Banks/ Reputed organisations. Services rendered with list of such Central/ State/ PSUs / Nationalised Banks with duration of service shall be furnished. II. The bidder must have successfully executed/completed similar services over the last three years i.e., the current financial year and the last three financial years: - a. Three similar completed services each costing not less than the amount equal to 40% (forty per cent) of the estimated cost; or b. Two similar completed services each costing not less than the amount equal to 50% (fifty per cent) of the estimated cost; or c. One similar completed service costing not less than the amount equal to 80% (eighty per cent) of the estimated cost. Note: The term ‘similar services’ would be construed to mean each rendering of services such as supply of Labourers/Mazdoors for handling Note Boxes and Coin Bags at other Issue Offices of RBI and other banks’ currency chests. III. Minimum average annual turnover of at least 30% of estimated cost during the last three financial years, the last being March 31, 2025, duly supported by audited financial statements. IV. Positive net worth as per the latest audited balance sheet. The tenderers shall submit solvency certificate duly certified by the scheduled commercial bank. V. The Contractor should possess a valid license issued by the Assistant Labour Commissioner, Government of India as provided under Section 12(1) of the Contract Labour (Regulation and Abolition) Act, 1970 and the Contract Labour (Regulations and Abolition) Central Rules, 1971. VI. The tenderer shall have Permanent Account Number (PAN) and GSTN number, as applicable to discharge the duties. VII. In case of successful award of the contract, the tenderer shall have an Office/ local representative within Municipal area of the Regional Office of the Bank for execution of the contract. VIII. The tenderer shall maintain an account with any of the scheduled commercial banks. The name of the bank and nature of account maintained should be furnished to the Bank. Note: The tenderers shall submit documentary evidences in support of their claims of possessing the required qualification/ eligibility. Please note that for being eligible to participate in the e-tendering process, all the prospective tenderers are required to complete all the formalities prescribed by MSTC Ltd and also obtain necessary log-in id/password and knowledge for placing the bids in the system/portal. The System will not allow any person/firm to log-in at the portal of MSTC Ltd and view the tender document/other conditions without authentic log-id and password. Further, an e-tender / e-bid submitted without necessary approvals / supporting documents or by an entity who is found to be not satisfying any of the above criteria, will be rejected by the system and no request or claims for reconsideration will be entertained. Decision of MSTC Ltd. in this regard shall be final. 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. Note: All the Tenderers 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. Regional Director
Reserve Bank of India
Nagpur |