The Reserve Bank of India, Premises Department (PDCO), Mumbai (the Bank), invites E-tender in two parts for “DSITC of 12 nos of passenger lifts at Bank’s Central Office Building, Mumbai”. The estimated cost of the work is ₹15 Crore and is to be completed within 2 years. 2. Eligibility Criteria: Only OEMs (original equipment manufacturer) of passenger Lift who have the following eligibility criteria will be eligible to participate in the tender. 2.1 Duration of past experience: Should have minimum 5 years of experience of executing similar works* (during last 5 years ending last day of month previous to the one of which tenders are invited). Tenderer should furnish their Client list showing the details of work carried out by them during the last 5 years. The list shall include details such as Name of the Client, Value of work executed, Date of Start and Finish of the work, Reasons of delay, if any, etc. The tenderer should submit documentary evidence in support of minimum experience of 5 years (i.e.; If the advertisement is issued in the year 2026, then the tenderer should have undertaken work in 2021). and 2.2 Minimum value of each completed work (qualifying): Experience of having successfully completed similar works during last 5 years ending last day of month previous to the one of which tenders are invited should be either of the following: (i) Three similar completed works each costing not less than the amount equal to 40% of the estimated cost. or (ii) Two similar completed works each costing not less than the amount equal to 50% of the estimated cost. or (iii) One similar work costing not less than the amount equal to 80% of the estimated cost. * Similar work: supply, installation testing and commissioning of passenger lifts of minimum 3.0 mps (meter per second) with destination control system (Port system). and 2.3 Yearly turnover: 50% of estimated cost or more during the last three financial years ending 31st March. and 2.4 Solvency: Should furnish solvency certificate issued by the tenderer’s banker, specifically for the purpose of the work, for an amount equal to the estimated cost of the work. and 2.5 Service setup: Full-fledged service setup should be available for the specified job at Mumbai. 3. The Tenderers should invariably furnish the following information/documents along with the tender documents to satisfy the Bank about their eligibility for participation in the e-Tendering process. | (a) | Composition of the firm | Full particulars (whether contractor is an individual, or a partnership firm, or a company etc.,) of the composition of the firm of contractors in details should be uploaded along with name(s) and address (es), of the partner's copy of the Articles of Association/ Power of Attorney/other relevant document. Refer : Annexure I & III | | (b) | Work experience & Completion of similar works of specified value during the specified period | Copies of the detailed work orders for the qualifying works indicating date of award, value of awarded work, time given for completing the work, etc. and the corresponding completion certificates indicating actual date of completion and actual value of executed similar works should be enclosed in proof of the work experience. The details along with documentary evidence of previous experience, if any, of carrying out works for the Reserve Bank of India at any centre, should also be uploaded. (Annexure IV) | | (c) | Credit worthiness of the contractor and their turnover during the specified period | Income Tax Assessment Orders along with the latest final accounts of the business of the firm duly certified by a Chartered Accountant should be enclosed in proof of their creditworthiness and turnover for last three years. | | (d) | Service setup | Certificate from the manufacturers/any other valid document in support of having a full-fledged service setup at Mumbai Metropolitan Area should be enclosed. (Annexure III) | | (e) | Name(s) and address(es) of the Bankers and their present contact executives | Written Information about the names and addresses of their bankers along with full details, like names, postal addresses, e-mail IDs, telephone (landline and mobile) nos., fax nos., etc. of the contact executives (i.e. the persons who can be contacted at the office of their bankers) should be uploaded. | | (f) | Details of bank accounts | Full particulars of their Bank accounts, like account no. type, when opened etc., should be uploaded. (Annexure III) | | (g) | Name(s) and address(es) of the Clients and their present contact executives | Written information about the names and addresses of their clients along with full details, like names, postal addresses, e-mail IDs, telephone (landline and mobile) nos., fax nos. etc., of the contact executives (i.e. the persons who can be contacted at the office of their clients) should be uploaded. (Annexure IV) | | (h) | Details of completed works | The client-wise names of work(s), year(s) of execution of work(s), awarded and actual cost(s) of executed work(s), completion time stipulated in the contract(s) and actual time taken to complete the work(s), name(s) and full contact-details of the officers/ authorities / departments under whom the work(s) was/were executed should be furnished. (Annexure IV) | 4. Bidder intending to apply will have to satisfy the Bank by furnishing documentary evidence in support of their possessing required eligibility and in the event of their failure to do so, the Bank reserves the right to reject their candidature. If any documents are missing or found fabricated in the uploaded tender, the Bank shall have the right to request the missing documents/certificates and independently verify these certificate. 5. The Bank shall obtain reports on past performance of the tenderer from his clients and bankers. The Bank shall evaluate the said reports before opening of the Part – II of the tenders. If any tenderer is not found to possess the required eligibility for participating in the tendering process at any point of time and/or his performance reports received from his clients and/or his bankers are found unsatisfactory, the Bank reserves the right to reject his offer even after opening of Part - I of the tender and his sealed cover containing Part-II of the tender along with EMD shall be returned back to him as it is. The Bank is not bound to assign any reason for doing so. 6. The e-tender will be carried out by Central Public Procurement Portal (CPPP) https://etenders.gov.in/eprocure/app as third party on behalf of RBI. Therefore, interested firms are required to register on the CPP portal to participate in the tendering process. The detail regarding the registration on CPPP and procedure of e tendering has been attached at Annexure I. E-Tender shall be submitted online in two parts. Part-I of the e-tender will contain the standard technical and commercial conditions for the proposed work and Part-II of will contain the price bid. All required annexures along with documentary proofs will also be uploaded along with Part I of the tender. This is e-tender bidder are not required to be present for opening 7. The Bank is not bound to accept the lowest tender and reserves the right to accept either in full or in part, any tender. The Bank reserves the right to reject any tender or all tenders without assigning any reason therefore. 8. Please also note that further Addendum / corrigendum/ minutes pre-bid meeting will be published only on RBI website and CPPP website. 9. The schedule for the tender (SOT) is as follows | I. | E-Tender No. | 2026_RBI_279592_1 | | II. | Mode of Tender | e-Procurement System
(Online Part I – Techno-Commercial Bid and Part II - Price Bid through CPP Portal https://etenders.gov.in/eprocure/app | | III. | Estimated Cost | ₹15 crore inclusive GST | | IV. | Time period for completion of the work | 2 years | | V. | Earnest Money Deposit (Only through NEFT/Demand Draft/Bank Guarantee) | ₹30 lakh (Rupees Thirty lakh only)
a) NEFT / RTGS
A/C No. 41861403873
Beneficiary Name- Reserve Bank of India
IFSC Code: RBIS0COD001
(5th, 9th & 10th letter from beginning is zero)
b) Demand Draft/Bank Guarantee:
In favour of Reserve Bank of India to be delivered in
physical form at “Reserve Bank of India, Central office, 5th floor, Premises Department, Central Office, Shahid Bhagat Singh Marg, Mumbai – 400001” | | VI. | Date of availability of E-Tender Document for download on CPP portal /RBI website | June 8, 2026 from 05:00 PM onwards | | VII. | Starting date of e-tender for submission of Part-I (Techno-Commercial Bid) and Part-II (Price Bid) at | July 2, 2026 from 05:00 AM onwards | | VIII. | Date and time of pre-bid meeting | July 6, 2026 at 11:00 AM
Venue: Conference room, 5th floor, Central office, Mumbai | | IX. | Date of Publishing minutes of pre-bid meeting on RBI website/CPPP | July 9, 2026 | | X. | Last date and time of submission of EMD | July 16, 2026 till 02:00 PM (must be reflected in our account) | | XI. | Last Date and time of submission of Tender | July 16, 2026 till 03:00 PM | | XII. | a. Date and Time of opening of Part-I (Techno-Commercial Bid)
b. Date of opening of Part II (Price Bid) | July 17, 2026 on 03:00 PM
Part II of the tender will be opened only for those bidders who are found eligible upon scrutiny of the Part I submissions. The eligible bidders will be informed separately through email | | XIII. | Name of officers regarding any clarification on this tender /forwarding the detail of EMD etc. | Name: Manish Madhukar Gaikwad
Email: manishmgaikwad@rbi.org.in
Mobile Number: 9167645390
Name: Amit Khandelwal
Email: amitkhandelwal@rbi.org.in
Mobile Number: 8800770119 | CGM-in-Charge
Premises Department
Central Office |