Minutes of the Pre-Bid Meeting Reserve Bank of India, Jammu, invites E-tender under Two Bid system (Technical & Financial Bid) from Category – I Chartered Accountant Firms registered with ICAI having registered office in the UT of J&K, for Appointment of Concurrent Auditors for the year 2025-26 w.e.f. October 01, 2025, to September 30, 2026 for Reserve Bank of India, Jammu Regional Office. The successful tenderer will be eligible for appointment as CAs for a period of one year initially i.e. October 01, 2025 till September 30, 2026, with a provision for re-appointment for a maximum of two more years till September 30, 2028, one year at a time, subject to satisfactory performance under a system of appraisal at the end of the year by the Bank. The appraisal of performance will be done on the parameters including quality of work, adequacy of number of CAs and other skilled deployed, timeliness of submission of reports and such other parameters considered relevant by the Bank. The tender process will be executed through the e-Tendering portal of MSTC Ltd. (https://www.mstcecommerce.com/eprocn/rbi) Interested tenderers must register themselves with MSTC Ltd. through the website to participate in the tendering process. The applicants should submit their proposal, as per the instructions regarding E-Tender, along with all supporting documents complete in all respects as per the prescribed format on or before 11:00 am on August 18, 2025. Tenders submitted only through the portal, will be accepted for the captioned process. Tenders, if received after the said date and time, will not be accepted by the Bank. The Part-I (Technical Bid) will be opened electronically on August 18, 2025, at 3:00 pm. In the event of any date indicated above being declared a Holiday, the next working day shall become operative for the respective purpose mentioned herein. The Bank shall have the right to cancel, modify the Tender and extend the deadline for submission of Tender. Further, the Bank reserves the right to accept any Tender, either in full or in part and to reject any or all the Tenders without assigning any reason thereof. Tender document can be downloaded from the websites www.rbi.org.in and www.mstcecommerce.com. Any amendment(s) / corrigendum / clarifications with respect to this tender shall be uploaded on the website / e-portal only. The applicants should regularly check the above website / e-portal for any Amendment / Corrigendum / Clarification on the above website. Regional Director
Reserve Bank of India
Jammu
SCHEDULE OF TENDER Note: This is a tender enquiry through MSTC portal. Bidders are advised to first visit our website https://www.rbi.org.in through “Tenders” link check their eligibility. Eligible firms wishing to apply should register themselves with MSTC Portal (www.mstcecommerce.com) and apply online only. | e-Tender no | RBI/Jammu Regional office/HRMD/2/25-26/ET/317[Appointment of CAs for 2025-26] | | Mode of Tender | e-Procurement System
(Online Part I – Technical Bid and Part II - Financial Bid through https://www.mstcecommerce.com/eprochome/rbi) | | Estimated value of tender | ₹54,000/- (Rupees Fifty-Four Thousand only) per month, excluding taxes i.e., ₹6,48,000/- (Rupees Six Lakhs Forty-Eight Thousand only) for the year, excluding taxes. | | Transaction fees (Non-Refundable) | Payment of Transaction Fee, as mentioned in the MSTC portal, through MSTC payment gateway by NEFT/ RTGS in favour of MSTC Ltd or as advised by M/s MSTC limited. | | Date of Notice Inviting e-tender available for download on RBI website/ MSTC portal | July 21, 2025 | | Pre-Bid meeting | 11:00 AM on July 25, 2025 (Thursday) at
Reserve Bank of India, Railhead Complex, Jammu. | | Date of Starting of online submission of e-tender (Technical Bid and Financial Bid) at www.mstcecommerce.com/eprochome/rbi | July 25, 2025 | | Last date of availability of e-tender on website/ MSTC portal | August 18, 2025, up to 11:00 A.M. | | Date & time of closing of online submission of e-tender (Technical Bid) | August 18, 2025, up to 11:00 A.M. | | Date & time of opening of Part-I (Technical Bid) | August 18, 2025, from 03:00 P.M. onward | | Date of opening of Part-II (Financial Bid) | Part-II (Financial Bid) will be opened electronically of only those bidder(s) whose Part-I (Technical Bid) is found acceptable by RBI, Jammu. Such bidder(s) will be intimated regarding date of opening of Part- II (Financial Bid) through valid email given by them. | | Earnest Money Deposit (EMD) | EMD of ₹12,960/- (Rupees Twelve Thousand Nine Hundred Sixty only)
2% of the estimated amount with taxes, by NEFT mode only to be deposited.
The account details for NEFT transaction are as under:
Beneficiary Name: Reserve Bank of India, Jammu
Beneficiary A/c No: 186003001
IFSC Code: RBIS0JMPA01 (5th and 10th letter being zero) | | Security Deposit/ Bank Guarantee | ₹32,400/- (Rupees thirty-two Thousand Four Hundred only)
(5% of estimated amount to be deposited by the tenderer to whom the contract has been awarded through NEFT) or by submitting Performance Bank Guarantee of the same amount for the contract period plus 30 days beyond that. | Applicants intending to apply will have to satisfy the Bank by furnishing documentary evidence in support of their possessing required eligibility and in the event of their failure to do so, the Bank reserves the right to reject their bids. All the pre-qualification papers should be uploaded on MSTC site. Tenders without EMD will not be accepted under any circumstances. The Bank is not bound to accept the lowest tender and reserves the right to accept either in full or in part any tender. The Bank also reserves the right to reject all the tenders without assigning any reason thereof. This notice is being published for information only and is not an open invitation to quote in this limited tender. Participation in this tender is by invitation only and is limited to the selected Firms. Unsolicited offers are liable to be ignored. However, firms who desire to participate in such tenders in future may apply for enlistment with RBI as per procedure. Any amendments / corrigendum to the tender, if any, issued in future will only be notified on the RBI Website and MSTC Website as given above. |