Reserve Bank of India – Tenders

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e-Tender no. RBI/Bhubaneswar/HRMD/71/20-21/ET/656

RBI, Bhubaneswar invites quotations from the empanelled chemists /druggists /stockists for the tender for awarding the Contract for supply of medicines to the Bank’s Dispensaries from April 01, 2021 to March 31, 2022. The expected procurement for the period would be Rs.1.3 crore. Interested empaneled chemists are requested to quote their best uniform discount rate for the tentative purchase of items as per the list enclosed. Your offer should be made in Price Bid in Part II of this e-tender. An Earnest Money Deposit (EMD) of Rs. 2,60,000/- (Rupees Two Lakh Sixty Thousand only) has to be deposited on or before March 26, 2021. The price bids of those empanelled chemists / druggists/stockists who have submitted the requisite EMD only would be considered for award of the Contract.

Terms and conditions

Terms and conditions as specified in our Request for Empanelment Document and agreed by you shall apply. Special conditions as indicated in Form – I shall also be applicable.

1. Earnest Money Deposit (EMD): Earnest Money Deposit (EMD) of Rs. 2,60,000/- (Rupees Two Lakh Sixty Thousand only) must be submitted before March 26, 2021 (11.30 a.m.) in the form of Demand Draft from a scheduled bank drawn in favour of Reserve Bank of India, Bhubaneswar. Bids without EMD will not be considered and will be rejected. EMD of unsuccessful bidders will be returned within 15 days of awarding the Annual Contract to the successful bidder. EMD of the bidders not honoring their commitment / quotations may be forfeited at the discretion of the Regional Director, Reserve Bank of India, Bhubaneswar, who is not bound to assign any reasons for his action.

2. Performance Bank Guarantee (PBG): The successful bidder has to submit a Performance Bank Guarantee (PBG) from a scheduled bank of Rs. 13,00,000/- (Rupees Thirteen Lakh only) in favour of the Regional Director, Reserve Bank of India, Bhubaneswar, valid for a period beyond six months of the validity of Annual Contract (AC) within a period of thirty days from award of the AC. The EMD will be returned soon after receipt of the PBG. The format for PBG is given in Form – II.

3. Award of Annual Contract (AC): The successful bidder will enter into an Annual Contract (AC) Agreement on stamp paper with the Bank as per format in Form – III. The AC will be valid for a period of one year from the date of AC Orders and the uniform discount quoted by you shall remain firm and valid for the period.

4. Under no circumstances will a request for alteration in the discount rate be accepted / considered.

5. Timelines

Time is the essence of the contract; you have to make delivery at the Bank’s specified dispensary as per the delivery schedule given in each Purchase Order. After making the delivery of the medicines to the respective dispensaries, you are advised to intimate the same to the Central Establishment Section. You must have your office at Bhubaneswar to execute the order and replace the rejected material, if any, on priority.

6. It should be noted that the liability to pay any duties, levies or taxes leviable under the law would be that of yours. You will also have to bear all the expenses, etc., connected with proper packaging, carting, transportation, etc. in connection with supply to any place specified by the Bank. The Bank will only pay the labeled MRP less discount allowed thereon as per your offer.

7. Quotation (Bids) received without EMD and the details as per Sl. No.1 above will be summarily rejected. Any conditional quotations / offers will not be accepted.

8. Fall Clause

If the chemist with whom the Bank has entered into an annual purchase contract offers a higher discount or sells or even offers to sell medicines following conditions of sale similar to those of the Bank’s contract, to any person or organization during the currency of the rate contract, the discount rate applicable to the Bank will be automatically increased with effect from that date for all the subsequent supplies under the contract and the contract amended accordingly. Other parallel contract holders, if any, are also to be given opportunity to reduce their price as well, by notifying the reduced price to them and giving them 15 (fifteen) days time to intimate their revised prices, if they so desire, in sealed cover to be opened in public on the specified date and time and further action taken as per standard practice.

9. Evaluation Criteria: Quotations shall be based on discount to MRP and the contract for the period of one year i.e. from April 01, 2021 to March 31, 2022 (Form III) shall be given to the H1 bidder i.e. the bidder offering highest discount. The Bank may enter into parallel rate contracts with more than one chemists/druggists/stockists offering highest discount.

10. Fulfilling the above terms and conditions and offering the highest discount does not necessarily mean qualifying for the award of the contract.

11. The Regional Director, Reserve Bank of India, Bhubaneswar reserves the right to accept or reject any or all the offers received without assigning any reason thereof. The Regional Director, also reserves the right to relax or alter any clauses mentioned in this document as seem appropriate to him in the interest of the Bank.

12. The Regional Director, Reserve Bank of India, Bhubaneswar reserves the right to terminate the Annual Contract at any point of time by giving one month’s notice period without assigning any reason and without prejudice to any other remedies available to the Bank.

(Sanjukta Dash)
Assistant General Manager

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Reserve Bank of India – Tenders

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A reference is invited to the captioned subject ‘Empanelment of contractors for civil, electrical and other works and supplies to Reserve Bank of India, Kochi’ which was published on February 17, 2021 under the “Tenders” link of RBI website (www.rbi.org.in).

2. It is informed that the last date of submission of duly completed application forms is extended till April 02, 2021 (by 04:00 pm).

3. It is informed that, in order to give more clarity to the trades list, Annexure- A, Annexure-1, Annexure-2 and Annexure-3 are replaced by a single Annexure (Annexure-A).

4. In case the interested applicant intends to apply for more than one trade, he/she may clearly specify the serial numbers of the trades and the respective categories for which he/she is applying for, in the application form.

5. The panel shall remain valid for three years (or as will be specified by the Bank) from the date of coming into existence subject to periodical review of performance as specified.

6. The modified Notice for Empanelment is appended herewith.

7. All other criteria and terms and conditions for the Empanelment Application remains unchanged.

General Manager (Officer-in-Charge)

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Reserve Bank of India – Tenders

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Corrigendum

E-Tender No: RBI/Belapur/HRMD/61/20-21/ET/612.

The pre-Bid meeting for the captioned tender was held on March 08, 2021 at 03.00 P.M. The meeting was chaired by Shri S N Madgi, Assistant General Manager and officials Shri M M Pathak, Manager(Tech-Civil), Capt. Maruti Falke (Manager P&SE) Smt. Sunanda Mhaske, Assistant Manager(P&SE), Smt. Pallavi Sharma, Assistant Manager(P&SE), and Shri Krishna Kumar Ahirwar Assistant Manager(Estate), attended the meeting.

2.The representatives of the firm M/s Om Sai Hi-Tech Fire Safety Pvt. Ltd. participated in the pre-bid meeting.

The details of queries raised by the firm and clarifications / comments of the Bank are tabulated below:

Sr. No. Query raised by the representatives of companies Clarifications given by Estate Department
1. What is the contract validity for the AMC? At present the contract validity is for one year and can be renewed if the service is found satisfactory.
2. Which type of minimum wages are applied? As per clause 2(h) of the tender documents minimum wages of Central Government are applicable. GOI Circular Dated October 12, 2020.
3. What is the minimum qualification criteria for fireman and supervisor? Please refer the Annexure-III (Details of firefighting staff required and their eligibility criteria) of part-I the tender documents.
4. Is there any requirement for the Reliver? As per Annexure-III of part-I the tender documents (Details of firefighting staff required and their eligibility criteria), Company will provide one day off in a week to Shift Supervisor and Fireman each in shift and deploy additional supervisors/firemen as relievers.

Note – All the other Commercial & Technical terms & conditions will be as per the tender Part-I and Part-II.

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Corrigendum – Annual Service Contract for Fire Fighting Staff for maintenance of firefighting equipment and disaster management services at RBI Belapur, Main office premises

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Minutes of Pre-Bid Meeting

Please refer to the e-tender for AMC of Fire Fighting Staff for maintenance of Fire Fighting equipment and disaster management services at RBI Belapur (e-Tender No.- RBI/Belapur/HRMD/61/20-21/ET/612).

2. In this connection, the estimated cost of the Tender is revised to Rs. 38,00,000/- (Rupees Thirty-Eight Lakh only) and Ernest Money Deposit (EMD) to Rs. 76,000/- (Rupees Seventy-Six Thousand only). Accordingly, proportionate changes would be applicable for eligibility criteria and turnover mentioned in part-I of the tender document.

3. All the other commercial & technical Terms & Conditions will be as per the tender Part-I and Part-II.

4. You are advised to apply for the Tender as early as possible to avoid any delay.

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Reserve Bank of India – Press Releases

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April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


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Reserve Bank of India – Tenders

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Reserve Bank of India, Jammu invites e-tender for ‘Operation and routine maintenance of Central Air Conditioning Plant at Bank’s Office Building, Jammu’. The e-tendering shall be done through the e-tendering portal of MSTC Ltd. (http://mstcecommerce.com/eprochome/rbi). All eligible and interested companies / agencies / firms must register themselves with MSTC Ltd. through the above-mentioned website to participate in the e-tendering process. The Schedule of e-tender is as follows:

Estimated cost of the work ₹9,50,000 (Rupees Nine Lakh Fifty Thousand Only)
Availability of Online application form from March 17, 2021 03:00 p.m. onwards
Last date and time for submission of duly filled /completed Application Online March 23, 2021 up to 03:00 p.m.
Date of opening of the Online applications March 23, 2021 03:30 p.m. onwards

The Regional Director
Reserve Bank of India
Jammu

Date: 17.03.2021

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Reserve Bank of India – Tenders

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Please refer to the tender notice event No. RBI/Chennai/HRMD/62/20-21/ET/613 for the subject published on the Bank’s website www.rbi.org.in on February 26, 2021, inviting “E-tender for Transportation of empty wooden boxes at Reserve Bank of India, Chennai for the year 2021-22.

In this connection, it is hereby informed that the last date for submission of bids has been extended up to 17.00 Hrs on March 19, 2021. The bids will be opened at 15.00 Hrs on March 22, 2021.

All other terms and conditions mentioned in the tender remain unchanged.

Date: 16.03.2021

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Reserve Bank of India – Press Releases

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Auction Results 91 days 182 days 364 days
I. Notified Amount ₹ 4000 Crore ₹ 7000 Crore ₹ 8000 Crore
II. Competitive Bids Received      
(i) Number 78 83 131
(ii) Amount ₹ 19764.055 Crore ₹ 23079 Crore ₹ 31818 Crore
III. Cut-off price / Yield 99.1868 98.2752 96.3143
(YTM: 3.2885%) (YTM: 3.5198%) (YTM: 3.8373%)
IV. Competitive Bids Accepted      
(i) Number 20 31 39
(ii) Amount ₹ 3975.11 Crore ₹ 6999.938 Crore ₹ 7999.884 Crore
V. Partial Allotment Percentage of Competitive Bids 7.68% 3.19% 51.19%
(1 Bid) (1 Bid) (1 Bid)
VI. Weighted Average Price/Yield ₹ 99.1988 ₹ 98.2869 ₹ 96.3393
(WAY: 3.2396%) (WAY: 3.4955%) (WAY: 3.8102%)
VII. Non-Competitive Bids Received      
(i) Number 8 2 1
(ii) Amount ₹ 5087.49 Crore ₹ 0.062 Crore ₹ 0.116 Crore
VIII. Non-Competitive Bids Accepted      
(i) Number 8 2 1
(ii) Amount ₹ 5087.49 Crore ₹ 0.062 Crore ₹ 0.116 Crore
(iii) Partial Allotment Percentage 100% (0 Bids) 100% (0 Bids) 100% (0 Bids)

Ajit Prasad
Director   

Press Release: 2020-2021/1256

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Reserve Bank of India – Tenders

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Reserve Bank of India (the Bank) intends to prepare a panel of Suppliers /Stockists / Chemists (hereafter referred to as Chemists for brevity) for supply of medicines to the Bank’s five Dispensaries at Nagpur. The panel is expected to remain operational for a period of July 2021 – March 2024, subject to satisfactory performance.

The Bank invites applications from such Chemists who are interested in inclusion in the panel. Chemists who fulfill the eligibility criteria and agree to the other terms and conditions mentioned in the “Request for Empanelment” Document, should apply in the prescribed form to the Regional Director, RBI, Nagpur. Last date for receipt of applications for empanelment is April 07, 2021 up to 3.00 pm. The Bank reserves the right to accept any application or reject any or all the applications received without assigning any reasons.

Detailed Terms & Conditions and the Request for Empanelment Document can be downloaded from Bank’s website https://rbi.org.in (Link => Tender module) or the same can be obtained from Central Establishment Section, at RBI, Nagpur on all working days between 11.00 am to 3.00 pm, on or before April 06, 2021.

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Reserve Bank of India – Press Releases

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The Reserve Bank of India (RBl) has imposed, by an order dated March 16, 2021, a monetary penalty of ₹1.00 lakh on Indore Paraspar Sahakari Bank Limited, Indore (the bank) for contravention of/ non-compliance with the directions issued by RBI on “Exposure Norms and Statutory/Other Restrictions-UCBs”. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) and Section 56 of the Banking Regulation Act, 1949, taking into account the failure of the bank to adhere to the aforesaid directions issued by RBI.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

Background

The inspection report of the bank based on its financial position as on March 31, 2019, revealed, inter alia, contravention of/ non-compliance with the directions issued by Reserve Bank of India (RBI) on “Exposure Norms and Statutory/Other Restrictions-UCBs”. Based on the same, a Notice was issued to the bank advising it to show cause as to why penalty should not be imposed for non-compliance with the directions.

After considering the bank’s replies and oral submissions made during the personal hearing, RBI came to the conclusion that the aforesaid charge of non-compliance with RBI directions was substantiated and warranted imposition of monetary penalty.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2020-2021/1255

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