Corrigendum dated February 13, 2025 E-tender no. RBI/Chennai Regional Office/Others/1/24-25/ET/713 As stated in the Notice Inviting e-Tender uploaded in the MSTC portal and RBI website, the pre-bid meeting for the captioned tender was held on February 04, 2025, at 11:00 hrs in the Bank’s premises. The details of the participants are listed below: | Sl. No. | Firm Name | Representatives of Firms | | 1. | M/s. Medicine Chamber | Shri Lakhpat Choudhari | | 2. | M/s. Kastoori Medicals | Shri Mathi Mariyappan | | Sl. No. | Bank’s Officials | Designation | | 1. | Shri Elango S | General Manager (GM) | | 2. | Shri Ravishanker B | Assistant General Manager (AGM) | | 3. | Smt. Nirmala Sankaran | Manager | | 4. | Smt. Chitra Nachiappan | Assistant Manager | | 5. | Shri Venkata Sudheer Reddy | Assistant Manager | | 6. | Shri Yogeshwaran M | Assistant | | 7. | Shri Sundaram V | Assistant | Shri Ravishanker B, AGM welcomed the participants and briefly explained various aspects of the e-Tender and Bank’s requirements, which needs to be considered while placing the bids. Shri Elango, General Manager presided over the meeting. Further, queries regarding the e-Tender if any were invited from the participants. The queries put forth by the participants and clarifications provided by the Bank’s Officials are tabulated below for information: | Sl. No. | Query raised by the participant | Clarification to the query | | 1. | What is the time limit for supply of medicines? | The delivery of supplies in full shall be made within the time and at the place as specified in the Purchase Order (PO), issued to the Supplier on quarterly basis. | | 2. | Whether substitutes can be suggested and delivered in case of non-availability of the drug mentioned in the PO? | Specific brand as requested must be provided. In case of non-availability, alternative drug may be suggested, and the confirmation of delivery will be provided only after obtaining approval for the suggested drug from BMO/BMC of the Bank. | | 3. | Is there any possibility to consider a reduction in the percentage of value of Performance Bank Guarantee (PBG) from 10% to 5% of the estimated contract value? | The value of the Performance Bank Guarantee (PBG) has been determined as per the extant instructions laid down by the Bank and currently it stands at 10% of the expected annual procurement value. Request to reduce the value of PBG to 5%, to enable the Supplier to manage the Working Capital requirements has been noted and the same will be taken up with the Competent Authority for discussion and consideration, if any. | The meeting concluded with a vote of thanks. Regional Director Reserve Bank of India Chennai Date: February 06, 2025 | |