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Published on ઑક્ટોબર 08, 2025

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Designing, Making & Commissioning a Mural for Centre for Advanced Financial Research and Learning (CAFRAL), Dadar (West), Mumbai

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Corrigendum

Minutes of Pre-Bid Meeting

Estate Office, Mumbai Regional Office, Reserve Bank of India invites tender for the captioned work from the eligible bidders/artists. The schedule of tender is as follows:

Sr. No.	Point	Description
a.	Name of work	Designing, Making & Commissioning a Mural for Centre for Advanced Financial Research and Learning (CAFRAL) , Dadar (West), Mumbai
b.	Mode of tender	Physical Mode
c.	Estimated cost of the work	Rs.20 Lakhs
d.	Date of NIT available to parties to download	From October 08, 2025 to October 29,2025
e.	Pre-Bid meeting	October 15,2025, from 11.00 AM onwards at CAFRAL Site, Opp. Kirti College, Dadar (West), Mumbai
f.	Earnest Money Deposit	i) ₹40,000/- ( Rupees Forty Thousand Only ) by NEFT/ DD. The DD shall be submitted in sealed cover addressed by name to ‘’ The Regional Director, Main Office Building, Reserve Bank of India, Fort, Mumbai – 400001 ’’ so as to reach Estate Office, Fort, Mumbai - 400001 within the prescribed time. ii) NEFT Details: A/c No – 04861436206 IFSC CODE – RBIS0MBPA04
g.	Last date of submission of EMD	On or before 2.00 PM on October 30, 2025
h.	Last date for submission of tender (Part - I & Part - II)	October 30, 2025 till 2:00 PM
i.	Date & Time of opening of Part – I (i.e. Techno-Commercial Bid)	October 30, 2025 at 3:00 PM
j.	Date and time of opening of Part-II (i.e. Financial bid)	Part- II shall be opened subsequently on due date, under intimation to all qualified bidders.
k.	Transaction Fee	Nil
l.	Tender fees for download from portal	Nil

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. Any amendments / corrigendum to the tender, if any, issued in future will only be notified on the RBI Website.