Reserve Bank of India – Tenders

Reserve Bank of India, Bhopal Office (the Bank) intends to prepare separate panels of suppliers / stockists / chemists (hereinafter referred to as Chemists for brevity) for supply of medicines to the Bank’s two dispensaries at Bhopal, supply of medicines on Credit Slips and Home Delivery on credit slips. The panels are expected to remain operational for a period of three years subject to satisfactory performance.

2. The Expected Annual Procurement is Rs. 30,00,000/- (Rupees Thirty Lakhs only) at Dispensary. The expected Annual Procurement through credit slips and home delivery is approximately Rs.5,00,000 (Rupees Five Lakhs) each.

3. The chemist should have an Annual Minimum Turnover of Rs.15,00,000/- (Rupees Fifteen lakhs only) for last three years.

4. The shop/ establishment of the chemist should be situated in Madhya Pradesh.

5. On entering into an annual purchase contract with the Bank, the chemist will have to furnish a Performance Bank Guarantee for Rs. 3,00,000/- (Rupees Three Lakhs only), either in the form of Bank Guarantee valid for 18 months issued by the Scheduled Bank or through Demand Draft payable to ‘Reserve Bank of India, Bhopal. No claim shall be made against the Bank (Regional Director, RBI, Bhopal) in respect of interest, if any, due on Performance Security.

The Performance Bank Guarantee should remain valid upto six months beyond the validity period of the contract.

6. The Bank invites applications from such Chemists who are interested in inclusion in the panels. Chemists who fulfil the eligibility criteria and agree to the other terms and conditions should apply in the prescribed form to the Regional Director, Reserve Bank of India, Human Resource Management Department, Hoshangabad Road, Bhopal – 462011. Duly completed application along with the necessary enclosures, in a sealed envelope superscribed as “Application for Empanelment of Chemists for Supply of Medicines, supply of medicines on credit slips and for door to door delivery of medicines to retired and serving staff”, should be dropped in the tender box kept for the purpose by 5.00 p.m. on April 01, 2021.

7. The Bank reserves the right to accept any or reject any or all of the applications received without assigning any reasons.