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Date : Aug 14, 2019
Corrigendum - Supply of medicines at Bank’s Dispensary, Reserve Bank of India, Kochi

Corrigendum dated as on August 20, 2019

Reserve Bank of India, Kochi has invited quotation from the empanelled Chemists for Annual Contract for supply of medicines at the Bank’s dispensary in the Main Office through e-tender No. RBI/Kochi/HRMD/8/19-20/ET/27 on MSTC Portal.

2. In this context, it is notified that following modifications have been made in the original RFQ

Reference Original version Modified version
Terms and conditions:
Price bid (for reference only)
(page no. 4)
For Bidding,

The Empanelled Chemists are requested to enter the Uniform Discount (in % term) offered on the Retail Price printed on Strip/Bottle/Unit packed in respect of all items of supplies to be made under the contract irrespective of the brand and manufacturer.

Then the system will indicate the
‘Total Site Cost’ as: 100 minus the offered Uniform Discount’.
For Bidding,

The Empanelled Chemists are requested to enter the Uniform Discount (in % term) offered on the Maximum Retail Price Printed on Strip/Bottle/Unit packed in respect of:

A. Listed items as per the Indicative list & B. Non- listed items.

The evaluation criteria for the tender will be as follows:

A = Discount rate offered on MRP (in %) by the bidder for Listed items.

B = Discount rate offered on MRP (in %) by the bidder for Non-Listed items.

Evaluation Criteria for assessing the Lowest bidder (L1) = (100-A) x 0.95 + (100-B) x 0.05
Terms and conditions:
Item no. 1 (page no. 3)
EMD of the bidders not honouring their commitment / quotations may be forfeited at the discretion of The Regional Director, Reserve Bank of India, Thiruvananthapuram who is not bound to assign any reasons for his action. EMD of the bidders not honouring their commitment / quotations may be forfeited at the discretion of The General Manager, Reserve Bank of India, Kochi who is not bound to assign any reasons for his action.
Terms and conditions:
Item no. 2 (page no. 3)
The successful bidder has to submit a Performance Bank Guarantee (PBG), within a period of thirty days from the date of award of AC from a scheduled bank for Rs.2,00,000/- (Rupees Two Lakh only) in favour of The Regional Director, Reserve Bank of India, Thiruvananthapuram valid for a period of eighteen months from the validity of AC. The successful bidder has to submit a Performance Bank Guarantee (PBG), within a period of thirty days from the date of award of AC from a scheduled bank for Rs.2,00,000/- (Rupees Two Lakh only) in favour of The General Manager, Reserve Bank of India, Kochi valid for a period of eighteen months from the validity of AC.
Reservation of right for appointment of more chemists
(page no. 8)
The Regional Director, Reserve Bank of India, Thiruvananthapuram reserves the right to enter into annual contracts with any number of chemists. The Regional Director, RBI, Thiruvananthapuram also reserves the right to allocate, reallocate the dispensaries, existing and new ones that may be set up during the Currency of the contract. The Regional Director, RBI, Thiruvananthapuram also reserves the right to decide which supplier shall normally serve which dispensary. Without prejudice to the right, emergency purchases can be preferred from any of the empanelled supplier irrespective of such allotment of dispensary to each Authorized Chemist for purchase of normal supplies. The General Manager, Reserve Bank of India, Kochi reserves the right to enter into annual contracts with any number of chemists. The General Manager, Reserve Bank of India, Kochi also reserves the right to allocate, reallocate the dispensaries, existing and new ones that may be set up during the Currency of the contract. The General Manager, Reserve Bank of India, Kochi also reserves the right to decide which supplier shall normally serve which dispensary. Without prejudice to the right, emergency purchases can be preferred from any of the empanelled supplier irrespective of such allotment of dispensary to each Authorized Chemist for purchase of normal supplies.


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