RBI tender for Navi Mumbai turnstiles requires local service setup

Who can bid: Bidders must be Original Equipment Manufacturers (OEMs), system integrators, or authorized dealers. They must have at least 5 years of experience executing similar full-height turnstile projects. Qualifying experience requires either three similar works each worth at least 40% of the estimated cost, two similar works each worth at least 50%, or one similar work worth at least 80%. Bidders must also demonstrate a yearly turnover of at least 100% of the estimated cost (₹20 lakhs) in the last three financial years, provide a solvency certificate for the estimated cost, and maintain a full-fledged service setup in Mumbai or Navi Mumbai.

Key terms

• Estimated Cost: ₹20.00 Lakhs (inclusive of GST)
• Tender Type: Open Tender (Two-part e-Tender: Techno-Commercial and Price)
• EMD: ₹40,000 (via NEFT, Demand Draft, or Bank Guarantee)
• Bid Submission Deadline: November 26, 2026, 12:00 Hrs
• Contract Duration: 60 days from the 14th day of issue of work order

Also in the document

• The tender requires a 'full-fledged service setup' specifically in Mumbai or Navi Mumbai, which may limit bidders based on location.
• The eligibility criteria require specific past project values relative to the current estimate (e.g., one project worth 80% of ₹20 lakhs, or three projects worth 40% each).