Markets Reserve Bank of India
RBI Nagpur invites bids for ₹4 crore medicine supply contract
The Reserve Bank of India, Nagpur, is inviting bids for the supply of medicines and non-medical items to its dispensaries and for doorstep delivery to retired/serving employees and eligible dependents.
₹4,00,00,000Estimated annual procurement value: ₹4,00,00,000/- (Rupees Four Crores only)
The contract period is from January 1, 2027, to March 31, 2027, with an option to extend until 2029.
Who can bid: The provided text does not state specific eligibility criteria such as minimum turnover, years of experience, or required certifications. It only states that the tender is for 'eligible tenderers' and that financial bids will be opened for those found eligible after the evaluation of their Part I (Technical) documents.
Key terms
- Estimated annual procurement value: ₹4,00,00,000/- (Rupees Four Crores only)
- Earnest Money Deposit (EMD): ₹8,00,000/- (Rupees Eight Lakh only)
- Tender type: e-Procurement System (Two Bid system: Technical & Financial) via GeM Portal
- Bid submission deadline: November 30, 2026, at 03:00 p.m.
- Contract duration: January 01, 2027 to March 31, 2027 (extendable till 2029)
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The original document
Reserve Bank of India (RBI)
Tender · Ref. 26099 · 3 Nov 2026
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