Markets Reserve Bank of India
RBI tender requires ITPQA experience from August 20, 2021, to August 20, 2026
The Reserve Bank of India (RBI) is procuring Independent Third-Party Quality Audit (ITPQA) services for the construction of additional staff quarters in Bhopal, Madhya Pradesh.
The project is being executed on a 'Deposit Work' basis through the Central Public Works Department (CPWD) as the Project Management Consultant.
Who can bid: Bidders must have successfully provided or completed third-party quality audit (TPQA) services before August 20, 2021. Additionally, bidders must have completed similar TPQA contracts costing equal to or more than the minimum value specified in the pre-qualification criteria during the last 5 years ending on August 20, 2026 (i.e., from August 20, 2021). Specific monetary thresholds for turnover or contract value are not stated in this document text.
Key terms
- Tender Type: E-Tender (No. 2026_RBI_286742_1) via CPP portal
- Project Duration: 24 months (extendable with pro-rata payment)
- Contractor Value (Reference): ₹102.98 Crore (for the construction work being audited)
- Security: 5% Security Deposit and 5% Performance Bank Guarantee (PBG) required
- Audit Frequency: Inspections/audits at intervals not exceeding one month
- Pre-Bid Meeting Date: August 13, 2026
Also in the document
- The tender requires bidders to have completed similar TPQA contracts specifically during the period from August 20, 2021, to August 20, 2026.
- The ITPQA is responsible for bearing all travel, boarding, lodging, local conveyance, accommodation, and food expenses.
- Costs for mandatory tests through NABL accredited laboratories are reimbursed by the Bank only after written approval and submission of GST invoices; packing and forwarding costs are borne by the Contractor.
How this was written
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The original document
Reserve Bank of India (RBI)
Tender · Ref. 25677 · 13 Aug 2026
Read it here
Questions a citizen might ask
Observations drawn mechanically from the documents — not findings or allegations.
- The department changed this document 1 time after first publishing it.
- What prompted each amendment, and was the closing date extended to give bidders time to respond?
- Do the eligibility and scope requirements match the stated purpose and estimated value?
- Were all amendments published on the portal before the deadline?
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