Markets Reserve Bank of India
RBI to install currency verification systems, 2-year contract duration set
The Reserve Bank of India is contracting for the design, supply, installation, testing, and commissioning of currency verification and processing systems at its offices in Mumbai.
Key terms
- Estimated/contract value: not stated
- EMD/security amount: not stated
- Tender type: Global Request for Proposal (RFP)
- Bid submission deadline: not stated
- Bid validity: 180 days from the date of signing of agreement
- Contract duration: 2 years (two years) for similar CVPS machines
How this was written
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The original document
Reserve Bank of India (RBI)
Tender · Ref. 25734 · 28 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?
Discussion
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