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Date : Dec 28, 2017
Disposal of Shredded Currency Note Briquettes (Compressed Soiled Notes)/Shreds, Kanpur

1. The Regional Director, Reserve Bank of India, Kanpur invites sealed tender from the reputed parties for disposal of briquettes (bricks) of shredded Banknotes. The tender in prescribed form shall be submitted in sealed covers superscripted “Tender for Disposal of Shredded Currency Note Briquettes (compressed soiled notes)/ shreds for the period from April 01, 2018 to March 31, 2019” and addressed to Shri Vivek Deep Regional Director, Reserve Bank of India, Kanpur-208001 so as to reach this office not later than 2.00 PM on January 19, 2018.

2. Tenders submitted through Fax and E-mail shall not be accepted.

3. Tender form(s) along with other General Terms and Conditions can be obtained from the office of General Manager/Deputy General Manager-in-charge, Issue Department, RBI, Kanpur or may be downloaded from RBI website (www.rbi.org.in under the menu “TENDERS”).

4. The tender, duly sealed, may be deposited in the “Quotation Box” kept in the Issue Department, Reserve Bank of India, Mahatma Gandhi Marg, Kanpur-208001. No tender will be received after 2.00 PM on January 19, 2018 under any circumstances whatsoever.

5. Part I of the tenders / bids will be opened in Reserve Bank of India, Kanpur before the Tender Screening Committee, Reserve Bank of India, Kanpur at 3.00 PM on 19.01.2018. The bidders or their authorised representatives shall be allowed to be present during opening of the bids. Part II (Price Bid) of only such bidders who are found eligible after scrutiny of the Part I bids shall be opened on a subsequent working day, which will be intimated to all the eligible bidders.

6. Pre bid meeting will be organised at 3.00 PM on 8.01.2018 in Conference room, Main building Reserve Bank of India, The Mall, Kanpur 208001.

7. Part I of the tender should, inter alia, contain the following:

(i) Earnest Money Deposit (EMD) of Rs1,00,000/- (Rupees One lakh only) in the form of Demand Draft or Banker’s Cheque favouring Reserve Bank of India, Kanpur payable at Kanpur or through NEFT to RBI Kanpur in NEFT Account number 186003001 (IFSC Code RBIS0KNPA01). The EMD can also be deposited in the form of a Bank Guarantee issued by a Scheduled Commercial Bank and valid for two months from the last date of submission of the tenders.

(ii) In case of company / firm, Power of Attorney / Authorisation with the seal of the company / firm in the name of the person signing the tender documents.

(iii) Documentary evidence / certificate in support of the claims made in relation to the eligibility conditions / criteria given in this Tender Document.

(iv) Any other information, the tenderer wishes to furnish should be submitted separately on his letter-head.

8. For the proper performance of the obligations under the contract, each contractor shall furnish security deposit of Rs 2,00,000/- (Rupees two Lakh only) in favour of Reserve Bank of India, Kanpur.

9. The Bank is not bound to accept the highest or any tender and reserves the right to reject any or all the tenders, either in whole or in part, without assigning any reason whatsoever.

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