Markets Reserve Bank of India
RBI restricts ₹48.40 lakh bullion lift tender to OEMs in Mumbai
The Reserve Bank of India (RBI) Belapur is inviting bids for the design, supply, installation, testing, and commissioning of a goods (bullion) lift in its main office building in Belapur, Navi Mumbai.
₹48.4 lakhEstimated Cost: ₹48.40 Lakhs (inclusive of GST)
Who can bid: Bidders must be Original Equipment Manufacturers (OEMs) with at least 5 years of experience executing similar goods lift works in the last 5 years. They must have completed either three similar works each worth at least 40% of the estimated cost, two works each worth at least 50%, or one work worth at least 80% of the estimated cost. Bidders must have a yearly turnover of at least 100% of the estimated cost (₹48.40 Lakhs) in the last three financial years ending March 31, 2026, and must have a full-fledged service setup in Mumbai or Navi Mumbai.
Key terms
- Estimated Cost: ₹48.40 Lakhs (inclusive of GST)
- Earnest Money Deposit (EMD): ₹96,800
- Tender Type: Open Tender (Two-part: Techno-Commercial and Price Bid)
- Bid Submission Deadline: November 26, 2026, 12:00 Hrs
- Contract Duration: 90 days from the 14th day of issue of work order
Also in the document
- The tender is restricted to Original Equipment Manufacturers (OEMs) only, excluding integrators or resellers.
- Bidders are required to have a full-fledged service setup specifically located in Mumbai or Navi Mumbai.
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The original document
Reserve Bank of India (RBI)
Tender · Ref. 26087 · 30 Oct 2026
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