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Reserve Bank of India, Estate Department, Bengaluru invites e-tender from eligible bidders for RFID based FAMS and details are as follows:
| 1.1 |
Name of the work: |
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Radio Frequency Identification (RFID) based Fixed Asset Management Solution (FAMS) at Reserve Bank of India (RBI), Bengaluru’s Main Office Premises (MOP) and Residential Colonies located at Bengaluru. |
| 1.1.1 |
Minimum Eligibility Criteria: |
| (a) |
Vendor should be in business of providing RFID based Asset management system/ solution at least for the last 3 years as on October 31, 2025 (last date of the previous month of issuance of the TENDER) and should have executed similar works. (Completion certificate (at least one) of executed work (worth the estimated cost) to be submitted). |
| (b) |
Vendor should have an annual turnover of amount equal to 100% of estimated cost or more during the last 3 financial years ending 31st March 2025. (Certificate from CA to be submitted for last 3 years of turnover) |
| (c) |
Vendor should be registered under appropriate authorities to confirm engagement in the business of providing RFID based asset management system / solution (Necessary registration certificate to be submitted). |
| (d) |
Vendor should have their own RFID scanners, tag printers etc. to take up the work. (Undertaking to be submitted on letterhead of bidder with necessary details related to make, model no. etc. as specified in Annexure A |
| (e) |
Minimum value of each completed similar work/s (qualifying) during specified period:
The bidder should have experience of successfully completed similar work/s* during last 5 years ending on October 31, 2025 should be either of the following:
(i) Three completed similar works each costing not less than the amount equal to 40% of the estimated cost of work. Or
(ii) Two completed similar works each costing not less than the amount equal to 50% of the estimated cost of work. Or
(iii) One completed similar work costing not less than the amount equal to 80% of the estimated cost of work |
| (f) |
Vendor should furnish solvency certificate issued by applicant’s Banker for the estimated cost of work. |
1.2 The Schedule of tender is as follows:
| a |
e-Tender No. |
RBI/Bangalore Regional Office/50/25-26/ET/771 |
| A |
Name of the Work |
Radio Frequency Identification (RFID) based Fixed Asset Management Solution (FAMS) at Reserve Bank of India (RBI), Bengaluru’s Main Office Premises (MOP) and Residential Colonies located at Bengaluru. |
| B |
Mode of Tender |
E-tender (MSTC Portal) |
| C |
Estimated Cost |
₹9 Lakh (Rupees Nine Lakh only) |
| D |
Date from which the tenders would be, available to parties |
December 30, 2025 from 10:00 AM onwards. |
| E |
Pre-Bid Meeting |
Offline at 11:00 Hrs. on January 27, 2026 (Venue: Reserve Bank of India, 2nd Floor, Estate Department, Nruputhunga Road, Bengaluru-560001)
Note: The participants are advised to confirm their participation one day before to make the necessary arrangements through mail ids estatebangalore@rbi.org.in |
| F |
Earnest Money Deposit (EMD) |
All Bidders (except MSEs) are required to submit EMD of ₹18,000/- (Rupees Eighteen Thousand only)
EMD shall be submitted through NEFT in favor of Reserve Bank of India, Bengaluru.
The account details for NEFT transactions are as follows.
Beneficiary Name: Reserve Bank of India, Bengaluru
IFSC: RBIS0BGPA01 (Fifth and Tenth Digit in the IFSC are ZERO)
Account No: 186003001
(The transaction details must be intimated/ forwarded to e-mail ID- estatebangalore@rbi.org.in)
Note: Micro and Small Enterprises (MSEs) having valid Udyam Registration Number with updated status on Udyam portal (Udyog Aadhar Memorandum Number) are only exempted from payment of EMD, Udyam certificate is to be submitted along with other documents while bidding. In case of non-submission of EMD in lieu of MSE status, if it is found at any stage that Udyam certificate is not valid or MSE status is incorrect, bid will be rejected.
Please Note that the EMD will be interest free and will be returned to unsuccessful bidders after the award of Work Order. However, EMD would be returned to the L1 bidder/ successful bidder only after submission of Security Deposit. |
| G |
Last Date of submission of EMD |
11:00 Hrs. of February 09, 2026 |
| H |
Date of starting submission of Techno- Commercial Bid and Price Bid |
12:00 Hrs. on January 27, 2026 |
| I |
Last Date of submission of Techno-Commercial Bid and Price Bid |
11:00 Hrs. on February 09, 2026 |
| J |
Date of opening of Part-I (Techno-Commercial Bid) |
12:00 Hrs. on February 09, 2026 |
| K |
Date of opening of Part-II (Price Bid) |
Part II (Price-Bid) of the tender, of the qualified bidders, shall be opened, on a subsequent date which shall be communicated to the qualified bidders. |
| L |
Contract Period |
Up to March 31, 2027 |
| M |
Security Deposit |
5% of the contract value |
| N |
Liquidated Damages / Penalty for deficiency in services |
0.25% of the contract of the work executed per week subject to maximum 10% of the contract amount. |
| O |
Payment condition |
100% on completion of work |
| P |
Validity of the Tender |
90 days from the date of opening of Technical Bid. |
| Q |
All disputes arising shall be subject to the
jurisdiction |
Bengaluru, Karnataka |
| R |
Contact person for communication in connection with this TENDER |
Shri M Vijaya Bhaskar, AM
Phone: 080-22180267
e-mail: vijayabhaskarm@rbi.org.in
Shri Karan, Manager
Phone: 080-22180262
e-mail: karan@rbi.org.in |
| S |
Fee |
Payment of transaction fee as, mentioned in the MSTC portal, through MSTC payment gateway/ NEFT/ RTGS in favour of MSTC Limited |
| 1.3 |
Regional Director, Reserve Bank of India, Bengaluru 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. |
| 1.4 |
All information submitted in response to this tender shall be the property of Reserve Bank of India and it shall be free to use the concept of the same at its will. |
Notes:
1. The Part-II, i.e., Price-bid will be opened at a later date as intimated by the Bank in respect of only those contractors/bidders who satisfies all criteria stipulated in Part-I. The Bank reserves the right to accept or reject any or all e-Tenders without assigning any reasons thereof.
2. The applicants/tenderers have to submit signed and sealed copy of documents as specified in Section II, III, IV, V & VII & Annexure – A, B, D, E, F, G, H & I of tender document.
3. The Bank shall evaluate the said reports before evaluation of price bid of the tenders. If any tenderer is not found to possess the required eligibility for participating in the tendering process at any point of time and/or his performance reports received from his clients and/or his bankers are found unsatisfactory, the Bank reserves the right to reject his offer even after opening of Part-I of the tender. The Bank is not bound to assign any reason for doing so.
4. The Bank is not bound to accept the lowest tender and reserves the right to accept either in full or in part any tender and reserves the right to reject all the tenders without assigning any reason there for.
5. Bank 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 Contractor shall have any cause of action or claim against the RBI for rejection of his Bid.
6. 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 candidature. Tenders without EMD will not be accepted under any circumstances.
7. All the tenderers may please note that any amendments / corrigendum to the e-tender, if any, issued in future will only be notified on the RBI Website and MSTC Website as given above and will not be published in the newspaper.
For full details please refer Tender document, Techno-Commercial Bid (Part I) and Price-Bid (Part II). Further corrigendum / addendum if any, will be hosted on the Bank’s website https://www.rbi.org.in/ under the link ‘Tenders’ and https://www.mstcecommerce.com/eprocn. The Bank is not bound to accept the lowest tender and reserves the right to accept either full or in part of any tender. The Bank also reserves the right to reject any one or all of the tenders without assigning any reason, thereof.
General Manger O-i-C
Estate Department
Reserve Bank of India
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