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Lifting and transportation of packed coin bags from India Government Mint, Noida to RBI New Delhi, Currency Chests in NCT and other RBI offices in India

Tender number	RBI/Delhi Regional Office/Issue/3/23-24/ET/597
Date of publication of NIT	مارچ 05, 2024 at 11:00 am
Nature of work	Lifting and transportation of packed coin bags from India Government Mint, Noida to RBI New Delhi, Currency Chests in NCT and other RBI offices in India
Mode of tender enquiry	Tender invited from open market through advertisement in newspapers, uploading on the RBI website and the MSTC portal.
Type of bidding (single/two bid system)	Two bid system
Last date of receipt of tender	اپریل 08, 2023 up to 12:00 noon
Number of tenders received	03 (Three)
Nos. and names of parties qualified after technical evaluation	01 (One) a) M/S S&IB Services Private Limited
Nos. and names of parties not qualified after technical evaluation	02(Two) a) M/S Brinks India b) M/S Currency Movers
Commercial Bid Ranking, if any	-
Final Ranking, if any	-
Whether contract awarded to lowest tenderer/evaluated L1	The contract has been awarded to single eligible bidder.
Contract number and date	DEL.IDG.REMIT.No.S360/05-05-082/2024-2025 dated July 01,2024
Name of contractor	M/s S&IB Services Private Limited
Value of contract	Estimated cost is ₹7.67 Crore per annum (The tender has been awarded for 1 Year and 9 months i.e July 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	مارچ 31, 2026
Actual date of start of work	جولائی 01, 2024
Actual date of completion of work	-
Reasons for delay, if any	-