Markets Reserve Bank of India
RBI awards ₹26.04 crore coin truck contract to two firms in 60:40 split
The Reserve Bank of India, Kolkata, is contracting for the supply of fully covered metallic container trucks to transport coins and banknotes.
₹26.04 crThe start of work was delayed due to the Model Code of Conduct imposed for West Bengal Assembly Elections.
The contract has been awarded to two companies, M/s S and IB Services Private Limited and M/s APP Transport and Travels.
Who can bid: The document does not state the specific eligibility criteria, minimum turnover, or experience requirements for bidders. It only lists the names of the two companies that were qualified after technical evaluation.
Key terms
- Tender Type: E-Tender, Two-bid system
- Contract Value: ₹26.04 Crore
- Bid Submission Deadline: Feb 19, 2026
- Work Start Date: Jul 01, 2026
- Scheduled Completion Date: Mar 31, 2028
- Award Split: 60% to L1, 40% to L2
Also in the document
- The contract was awarded to two vendors simultaneously in a 60:40 ratio rather than to a single lowest bidder.
- The start of work was delayed due to the Model Code of Conduct imposed for West Bengal Assembly Elections.
Who won this contract: a) M/s S and IB Services Private Limited (60%) b) M/s APP Transport and Travels (40%), ₹26.04 — read from the award document; check the original.
How this was written
An AI model running on our own computer read the government document and wrote this summary. No person has checked it.
✓ Figures checked. Every number in this summary was found in the document by an automated check.
That check compares numbers only. It cannot confirm that the wording says what the document says — so the original document is always the authority.
The original document
Reserve Bank of India (RBI)
Tender · Ref. RBI/Kolkata Regional Office/Issue/1/25-26/ET/854 · 17 Jul 2026
Discussion
No one has discussed this document yet.