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Date : Mar 03, 2020
Empanelment of Suppliers / Stockists / Chemists for Supply of Drugs & Medicines to The Dispensaries of Reserve Bank of India at Delhi / New Delhi

Extension of Last Date of Submission dated May 12, 2020

Extension of Last Date of Submission dated April 22, 2020

Extension of Last Date of Submission dated March 26, 2020

Reserve Bank of India (the Bank) intends to prepare a panel of suppliers / stockists / chemists (hereinafter referred to as Chemists for brevity) for supply of medicines to the Bank’s various dispensaries at Delhi / New Delhi. The panel is expected to remain operational for a period of three years subject to satisfactory performance.

2. The Expected Annual Procurement is Rs. 3,00,00,000/- (Rupees three crore only).

3. The chemist should have an Annual Minimum Turnover of Rs.1,50,00,000/- (Rupees one Crore fifty lakhs only) for last three financial years.

4. The shop/establishment of the chemist should be situated in the same city / town where empanelment is being sought.

5. On entering into an annual purchase contract with the Bank, the chemist will have to furnish a Performance Bank Guarantee for Rs. 30,00,000/- (rupees thirty lakhs only), either in the form of Bank Guarantee valid for 15 months issued by the Scheduled Bank or through Demand Draft payable to ‘Reserve Bank of India, New Delhi’. No claim shall be made against the Bank (The Regional Director, Reserve Bank of India, New Delhi) in respect of interest, if any, due on Performance Security.

The Performance Bank Guarantee should remain valid upto three months beyond the validity period of the contract.

6. The Bank invites applications from such Chemists who are interested in inclusion in the panel. Application forms along with document containing other terms and conditions may be downloaded from the Bank’s website www.rbi.org.in from March 03, 2020 to March 31, 2020.

7. Chemists who fulfill the eligibility criteria and agree to the other terms and conditions should apply in the prescribed form to The Regional Director, Reserve Bank of India, Central Establishment Section, 6, Sansad Marg, New Delhi-110001. Duly completed application along with the necessary enclosures, in a sealed envelope superscribed as “Application for Empanelment of Chemists for Supply of Medicines”, should be dropped in the tender box kept for the purpose by end of business hours on March 31, 2020(upto 17:15 IST).

8. The Bank reserves the right to accept any or reject any or all of the applications received without assigning any reasons.