(722 kb)
Date : Mar 06, 2020
Purchase of property in South Mumbai

Corrigendum dated June 08, 2020

Corrigendum dated May 14, 2020

Corrigendum dated April 23, 2020

Corrigendum dated March 31, 2020

Minutes of Pre Bid Meeting


Details of issuing Department Premises Department
Central Office
Reserve Bank of India
5th Floor, Central Office Building
Shahid Bhagat Singh Road
Fort, Mumbai-400001
Bid Document Availability including changes/ amendments, if any to be issued Bid documents will be available from 6:00 PM March 6, 2020 on following links –

RFP and other information may be downloaded from Bank’s website https://www.rbi.org.in


Bank’s e-tendering portal:
Last date for requesting Clarification (pre-bid queries) Up to 5:00 PM on March 16, 2020
All communications regarding points/queries requiring clarifications shall be given in writing or by-mail as above
Pre - bid Meeting at (venue) From 3:00 PM on March 17, 2020 at -

Reserve Bank of India
Premises Department, 5th Floor, Central Office Building, Shaheed Bhagat Singh Marg, Fort
Mumbai - 400001
Date from which the Bidding starts on the e-tender portal 11:00 AM on March 18, 2020
Last date and time for Bid Submission By 2:00 PM on April 7, 2020
Address for submission of bids The Chief General Manager –in Charge
Reserve Bank of India
Premises Department
Central Office
5th Floor, Central Office Building
Shahid Bhagat Singh Road
Fort, Mumbai-400001
Date and time of opening of Technical Bids 4:00 PM on April 7, 2020
Authorized representatives of Bidders may be present during opening of the Technical Bids. However, Technical Bids would be opened even in the absence of any or all of the Bidder’s representatives.
Opening of Price Bids On a subsequent date which will be communicated to such bidders who qualify in the Technical Bid.
Letter of Intent On a subsequent date which will be communicated to such bidder who is selected through the Bidding process.
Tender Fee Bidders will be required to pay the service fee to MSTC ltd for use of their portal.
Earnest Money Deposit Rs. 5,00,000/-

By means of DD/NEFT transfer or Bank Guarantee in favor of ‘Reserve Bank of India’ payable at Mumbai. After award to successful bidder, EMD of unsuccessful bidders shall be returned without interest. For successful bidder, the EMD shall be retained till handover of property.
Validity of offer from the date of opening of technical bid 180 days
Technical Evaluation of Bids As indicated in Para 15 of this RFP.
Timeline for handing over the complete possession of premises 45 days to handover the Premises from the date of issue of Letter of Intent by the Bank.
Terms of payment 30% of purchase consideration will be paid after registration of the agreement.

Balance to be paid after handover of premises to the satisfaction of the Bank as per the conditions indicated in RFP.