Minutes of the Pre-Bid Meeting

RBI/Bhubaneswar Regional Office/Issue/3/24-25/ET/847

The Regional Director, Reserve Bank of India, Bhubaneswar (hereinafter called “the Bank”), invites e- tenders under Two-Bid system (Technical & Price Bids) from Original Equipment Manufacturer (OEM) of the waste shredder/ OR an Authorized dealer / representative of the OEM for supply, installation, testing and commissioning (SITC) of one Waste shredder for disposal of waste like Paper/plastic bands, banknote packet slips, jute strings, Plastic waste, Strapping plastic twines, rubber bands, gunny ropes, polythene bags, jute strings, etc., generated from the Currency Verification and Processing System (CVPS) at Reserve Bank of India, Bhubaneswar.

2. The tenderers must have minimum experience of having successfully executed “similar works” during last five years ended on December 31, 2024 [individually costing (a) Three works each costing not less than 40% of the estimated cost. OR (b) Two works each costing not less than 50% of the estimated cost. OR (c) One work costing not less than 80% of the estimated cost.]. The tenderers must have a minimum yearly turnover of 30% of the estimated cost during the last 3 (three) financial years (2021-22, 2022-23 and 2023-24) supported by audited financial statements. Also, tenderers must have a service set up within the area of Bhubaneswar municipal corporation for rendering after sales service.

Note: Similar work means ‘Supply, installation, testing and commissioning (SITC) of Waste shredder in office buildings/commercial premises/industrial houses.

3. The work is estimated to cost approximately ₹10,00,000/-[Rupees Ten lakh only] and is to be completed within 45 days from the 14th day from the date of award of work.

4. Earnest Money Deposit of ₹20,000/- (Rupees Twenty thousand only) is to be deposited in favour of Reserve Bank of India, Bhubaneswar, through NEFT/ Demand draft as per the schedule of the Tender

5. 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 will be done through the e-Tendering portal of MSTC Ltd. (https://www.mstcecommerce.com/eprocn). All interested bidders must register themselves with MSTC Ltd. through the above referred website to participate in the e-Tendering process.

6. The last date for submission of online bids is March 11, 2025 (Tuesday) up to 3:00 PM and Part-I of the Tender will be opened at 4:00 PM on March 11, 2025 (Tuesday). The Part II, i.e., price bids will be opened in respect of only those tenderers/bidders who satisfy all criteria stipulated in Part I. The date of opening of Price Bid will be intimated subsequently to the eligible bidders.

7. The schedule for the e-Tendering process is as under:

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

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.

Regional Director
Reserve Bank of India
Bhubaneswar