| Tender number | RBI/Hyderabad/Issue/1/24-25/ET/100 |
| Date of publication of NIT | Jul 15, 2024 |
| Nature of work | Supply of fully covered container trucks / vehicles for transportation of coin bags containing coins, Hyderabad |
| Mode of tender enquiry | e-Tender |
| Type of bidding (single/two bid system) | Two Bid System |
| Last date of receipt of tender | Aug 16, 2024 |
| Number of tenders received | 4 (Four) |
| Nos. and names of parties qualified after technical evaluation | 4 (Four)
1. M/s. Currency Movers
2. M/s. GEOFAST Pvt Ltd
3. M/s MSKGN Transport Contractors
4. M/s S & IB Services Pvt Ltd |
| Nos. and names of parties not qualified after technical evaluation | -
|
| Commercial Bid Ranking, if any | |
| Final Ranking, if any | |
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes
L1 - 60%
L2 - 40% |
| Contract number and date | L1 – BF860232 dated September 27, 2024.
L2 – BG811752 dated September 30, 2024. |
| Name of contractor | L1 - M/s S & IB Services Pvt Ltd
L2 - M/s. GEOFAST Pvt Ltd |
| Value of contract | Estimated cost is ₹3.0 Crore per annum (The Contract period is October 01, 2024 to March 31, 2026) However, the actual payment will depend on number of coin remittances undertaken during the above-mentioned period. |
| Scheduled date of completion of supplies | Mar 31, 2026 |
| Actual date of start of work | |
| Actual date of completion of work | |
| Reasons for delay, if any | |
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