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Date : Jan 10, 2021
Sale of Briquettes of Shredded Currency Notes, Bengaluru

RBI/Bengaluru/Issue/6/20-21/ET/412

Reserve Bank of India, Bengaluru invites e-Tender for Sale of Briquettes of Shredded Currency Notes from reputed and experienced contractors for the period April 01, 2021 to March 31, 2022.

2. The e-Tender along with the detailed tender notice is available at MSTC website https://www.mstcecommerce.com/eprochome/rbi and the website of the Bank at https://www.rbi.org.in. under the menu ‘Tenders”.

3. All interested bidders must register themselves with MSTC through the above referred website to participate in the e-Tendering process.

4. The estimated cost of work is ₹10 lakhs (approx.) per year, however, the actual amount may vary.

5. The schedule for the e-Tendering process is as under:

Sr. No. e-Tender Schedule Scheduled Date and Time
1) e-tender view date on MSTC Website From 10:00 AM of January 10, 2021 (Sunday) to February 01, 2021 (Monday) till 05:00 PM
2) Date of starting of e-tender January 10, 2021 (Sunday) at 10:00 AM
3) Last date of submission of e-tender February 01, 2021 (Monday) till 05:00 PM
4) Date of opening of Part-I Technical Bid February 02, 2021 (Monday) at 11:00 AM

6. The Bank is not bound to accept the highest tender and reserves the right to accept either in full or in part any tender. The Bank reserves the right to accept or reject any or all e-tenders without assigning any reason thereof.

Note: All the tenderers may please note that any amendments / corrigendum to the e-Tender, if issued in future, will only be notified on the website of RBI and MSTC as given above and will not be published in the newspaper.

Regional Director
Reserve Bank of India
Bengaluru.

January 10, 2021




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