RBI invites tenders for ₹10 crore medicine supply in Maharashtra

The Reserve Bank of India (RBI) is inviting tenders from eligible vendors to be empanelled as 'Authorized Chemists' for the supply and direct delivery of medicines to serving and retired employees and their eligible dependents in Maharashtra. The service period is from January 1, 2027, to December 31, 2027.

Who can bid: The document states that the tender is for 'eligible Vendors' but does not specify the detailed eligibility criteria such as minimum turnover, years of experience, or required certifications in the provided text. Bidders must be registered on the Central Public Procurement Portal (CPPP).

Key terms

• Tender Type: e-Tender under a Three Cover / Two Bid System (Techno-Commercial Bid and Price Bid)
• Aggregate Estimated Annual Procurement Value: Approximately ₹10 crore (Rupees Ten Crore only)
• Bid Submission Deadline: 11:00 AM on December 12, 2026
• Techno-Commercial Bid Opening: 11:00 AM on December 14, 2026
• Contract Duration: January 01, 2027 to December 31, 2027
• EMD: Payable with reference to the aggregate estimated annual contract value of the specific dispensary/dispensaries bid for (amount not stated in this text)

Also in the document

• The Bank reserves the right to reject any or all tenders without assigning any reason.
• The Bank reserves the right to allocate, reallocate, add, or withdraw dispensaries during the tendering process or contract duration.