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Date : Jul 29, 2024
Appointment of Concurrent Auditors for the period October 01, 2024 to September 30, 2025 by Reserve Bank of India, Hyderabad

Minutes of Pre-Bid Meeting

Reserve Bank of India, Hyderabad Regional Office (hereinafter called “the Bank”), invites separate Technical bids (Part-I) and Financial bids (Part-II) through e-Tendering from vendors for Appointment of Concurrent Auditors. The interested vendors must register themselves on the MSTC portal (https://www.mstcecommerce.com/eprochome/rbi) for participating through e-tendering.

The contract will be valid for the period starting from October 01, 2024, to September 30, 2025 extendable on a yearly basis for a maximum of two (02) more years subject to satisfactory performance, or other periods as RBI may decide.

The tenderers should electronically submit their proposal, as per the instructions regarding E-Tender, along with all supporting documents complete in all respects. In the event of any date indicated in Schedule of Tender (SOT) being declared a Holiday, the next working day shall become operative for the respective purpose mentioned herein.

Tender document can be downloaded from website https://www.rbi.org.in and https://www.mstcecommerce.com.

The Bank reserves the right to reject any or all the tenders without assigning any reason thereof.


Schedule of Tender (SOT)

e-Tender No. RBI/Hyderabad/HRMD/1/24-25/ET/272
Name of work Appointment of Concurrent Auditors for the period October 01, 2024 to September 30, 2025
Mode of Tender e-Tendering System (Part I - Technical Bid and Part II – Financial Bid) through https://www.mstcecommerce.com/eprochome/rbi/buyer_login.jsp
Estimated cost of work ₹13.56 Lakh (Rupees Thirteen Lakh and Fifty Six Thousand only) for twelve months i.e., for a period from October 01, 2024 to September 30, 2025 (exclusive of GST)
Earnest Money Deposit (EMD) ₹27,120/- (Rupees Twenty-Seven Thousand One Hundred and Twenty only) to be deposited through NEFT to the Reserve Bank of India, Hyderabad by credit to account number: 8614038 and IFSC: RBIS0NEFTHY (5th character being zero).
Date of NIT available for download July 29, 2024 at 11:00 AM
Pre-Bid Meeting (Offline) All bid related queries shall be sent by Bidders through email at abcchyderabad@rbi.org.in on or before August 06, 2024, 10:00 AM

Pre-Bid meeting will be conducted on August 06, 2024 at 11:00 AM
Date of Starting of e-Tender for submission of online Bid on https://www.mstcecommerce.com/eprochome/rbi July 29, 2024 at 11:00 AM
Date of closing of online e-Tender for submission of Bid August 23, 2024, 11:00 AM
Last date of submission of Earnest Money Deposit (EMD) through NEFT. August 23, 2024 at 11:00 AM

(Non-payment of EMD on or before the due date will be treated as unresponsive and tender will be rejected).

Please mention the UTR transaction details while applying in the given format Annex-10
Date & time of opening of Tender Part I (i.e. Technical Bid) August 23, 2024 12:00 PM
Date & time of opening of Tender Part II i.e. Financial Bid) Part-II (Financial Bid) will be opened electronically of only those bidder(s) whose Part-I (Technical Bid) is found acceptable. Such bidder(s) will be intimated regarding date of opening of Part-II (Financial Bid) through valid e-mail ID given by them.

“This notice is being published for information only and is not an open invitation to quote in this limited tender. Participation in this tender is by invitation only and is limited to the selected Procuring Entity’s enlisted contractors. Unsolicited offers are liable to be ignored. However, contractors who desire to participate in such tenders in future may apply for enlistment with RBI as per procedure.”

Note: Any amendment(s)/ corrigendum/ clarifications with respect to this tender shall be uploaded on the website/ e-portal only. The tenderer should regularly check the above website/ e-portal for any Amendment/ Corrigendum / Clarification on the above website.

The Regional Director,
Reserve Bank of India, Hyderabad




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