Reserve Bank of India – Tenders

November 22, 2021 root Tenders

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The Pre-Bid meeting for the captioned tender was held on November 22, 2021 at 11.00 A.M in conference room, Estate Office, MRO. The meeting was attended by officials of Estate Department. Two firms participated in the pre-bid meeting namely –

a. M/s Kompress India Pvt Ltd

b. M/s Safeage Security Products Pvt Ltd

2. All the terms and conditions were explained to the firms and The following queries were raised by the participants and clarified:

Sl.No	Query Raised	Clarification
1.	Whether MSME bidders are exempted from paying Earnest Money Deposit (EMD).	MSEs are exempted from submission of EMD only in cases where the estimated cost of procurement (Goods, Services or Work Contracts) is upto Rs. 10 Lakh (including all taxes, duties etc.). In the extant case, the estimated cost of the tender is more than Rs. 10 lakh and therefore submission of EMD is compulsory.

3. Both the firms have agreed with the tender terms and conditions.The technical specifications have been explained to the tenderers and have understood the same and agreed in principle.The meeting ended with Thanks.

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Reserve Bank of India – Tenders

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