Corrigendum Minutes of Pre-bid Meeting Estate Office, Mumbai Regional Office, Reserve Bank of India invites short notice limited e-tenders for “Fixed Asset Management Solution (FAMS) for Reserve Bank of India at Mumbai Regional office.” through MSTC portal (www.mstcecommerce.com/eprochome/rbi). The schedule of tender is as follows: A | e-tender no | RBI/Mumbai/Mumbai/6/20-21/ET/217 | B | Mode of tender | e-tender (Online Part-I Techno-Commercial bid and Part- II Price Bid through www.mstcecommerce.com/eprochome/rbi | C | Estimate cost of the work | ₹29 Lakh | D | Bid security amount/ EMD | ₹58,000/- along with the Technical Bid. | E | Pre-Bid Meeting | Offline at 11.00 AM on October 19, 2020 at Estate Office, Second Floor, Mumbai Regional Office, Reserve Bank of India, Shahid Bhagat Singh Marg, Mumbai - 400001 | F | The Bid Security shall be in form of a Demand Draft / NEFT in favour of Reserve Bank of India payable at | Rs.58,000/- (Rupees Fifty Eight Thousand only) in the form of DD/BG or NEFT in favor of Reserve Bank of India, Mumbai, to be delivered in physical form on or before 12.00 Noon of the last date of tender submission at Estate Office, Reserve Bank of India, Mumbai Regional Office, 2nd Floor, Main Building, Fort, Mumbai: 400001 NEFT Details A/c No – 04869229906 IFSC CODE – RBIS0MBPA04 | G | Date of uploading tender documents in RBI/MSTC website | October 12, 2020 from 5.00 PM onwards | H | Last date of submission of completed Bid | October 26, 2020 up to 14:00 Hrs | I | Date & time of opening of Technical Bids | October 26, 2020 at 15:00 Hrs | J | Date & time of opening of Price Bids | Shall be intimated to all the eligible bidders later after scrutiny of Technical Bids (Part –I). | K | Completion period | 45 days from date of issue of work order. | L | Retention Money | Performance Bank Guarantee (clause 3.8). | M | Liquidated Damages | ₹ 0.25% of the estimated cost per week. i.e,Rs.1036/- per day for the delay subject to maximum 10% of the accepted contract amount. | N | Payment condition | 100% on completion of work (clause 3.4) | O | Validity of the tender | 90 days from the date of opening of Technical Bid. | P | All disputes arising shall be subject to the jurisdiction | Mumbai | Q | Transaction fees | Rs.1450/- plus GST @ 18% To be paid through MSTC Payment Gateway/NEFT/RTGS in favour of MSTC Limited or as advised by M/s MSTC Ltd. | 3. Regional Director, Reserve Bank of India, Mumbai Regional Office reserves the right to accept or reject any or all Bids without assigning any reasons and also reserves the right to relax any of the terms and conditions. No Bidder shall have any cause of action or claim against the RBI for rejection of his Bid. Any amendments / corrigendum to the tender, if any, issued in future will only be notified on the RBI Website and MSTC website. | |