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Procurement of Consultancy Services for three Projects - Department of Supervision, Mumbai (Framework for assessment of Business Model of Supervised Entities)

Tender number	RBI/DoS-CO Central Office Departments/Others/2/25-26/ET/569[Limited RFP for Consultancy]
Date of publication of NIT	Oct 20, 2025
Nature of work	Procurement of Consultancy Services for three Projects - Department of Supervision, Mumbai (Framework for assessment of Business Model of Supervised Entities)
Mode of tender enquiry	e-Procurement System (Part I – Techno- Commercial Bid and Part II - Financial Bid) through MSTC website (www.mstcecommerce.com/eprocn.index.jsp)
Type of bidding (single/two bid system)	Two Bid System
Last date of receipt of tender	Dec 01, 2025
Number of tenders received	03 (Three)
Nos. and names of parties qualified after technical evaluation	03 (Three) 1. M/s. Deloitte Touche Tohmatsu India LLP 2. M/s. Ernst & Young LLP 3. M/s. KPMG Assurance and Consulting Services LLP
Nos. and names of parties not qualified after technical evaluation	NIL
Commercial Bid Ranking, if any	-
Final Ranking, if any	1. M/s. Ernst & Young LLP 2. M/s. Deloitte Touche Tohmatsu India LLP 3. M/s. KPMG Assurance and Consulting Services LLP
Whether contract awarded to lowest tenderer/evaluated L1	Tender was awarded to Highest Scorer (H1) as per QCBS methodology as per terms and conditions in RFP
Contract number and date	CO.DOS.RPD.No S7416/12-25-107/2025-2026 dated Dec 31, 2025
Name of contractor	M/s. Ernst & Young LLP
Value of contract	₹2,66,06,000/- plus applicable Statutory Taxes
Scheduled date of completion of supplies	6 months (to be reckoned from the date of award of work) plus 3 months for Capacity building
Actual date of start of work	-
Actual date of completion of work	-
Reasons for delay, if any	-