Minutes of Pre-Bid Meeting

The Reserve Bank of India, Lucknow invites e-tender, in two parts, “Part - I – tender for supply of sufficient number of adult and able bodied labourers for handling of coin bags and note boxes – Technical Bid” and “Part - II – tender for supply of sufficient number of adult and able bodied labourers for handling of coin bags and note boxes - Price Bid” from reputed, experienced and license holder Labour Contractors. The contract shall be for a period of two years (April 01, 2026 to March 31, 2028) which can be extended by the Bank at its opinion for a further period of one year, with / without any variation in the terms and conditions, subject to satisfactory performance of the contractual terms and conditions. The estimated cost of the work works out to Rupees Twenty Seven Lakh approx. per year for two years, however the actual amount may vary.

2. The detailed information regarding above e-tender/s shall be available at MSTC website https://www.mstcecommerce.com/eprocn/. The details of eligibility criteria and the detailed notice inviting tender are also available on the tender link of corporate website of the Bank at https://www.rbi.org.in/web/rbi/tenders. The tendering shall be done through the e-tendering portal of M/s MSTC Ltd (https://www.mstcecommerce.com/eprocn/). All interested bidders must register themselves with M/s MSTC Ltd through the above referred website to participate in the e-tendering process.

3. The last date for submission of online bids is February 16, 2026 up to 02:00 PM and Part - I of the tender will be opened on the same day on or after 3:30 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 Part - II i.e. price bids will be opened in respect of only those contractors/bidders who satisfies all criteria stipulated in Part - I.

4.The schedule for the e-tendering process is as under:

5. The Bank reserves the right to accept or reject any or all e-tenders without assigning any reason thereof.

Note: All the tenderers must note that any amendments/corrigendum to the e-tender, if issued in future, shall only be notified on the website of RBI as provided above and shall not be published in any newspaper.

Regional Director
Reserve Bank of India
Lucknow