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. The contract has been awarded to two companies, M/s S and IB Services Private Limited and M/s APP Transport and Travels.
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.
- 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
Written from the document by AI, and checked against it. The original below is authoritative.
Who won this contract — a) M/s S and IB Services Private Limited (60%) b) M/s APP Transport and Travels (40%), ₹26.04
· lowest bidder: yes
(extracted from the award document; verify against the original)
The original document
Award
2026-07-17
Document details
| Official title | Supply of sufficient number of fully covered metallic container trucks/vehicles for transportation of coins packed in bags (with carrier’s risk) and/or banknotes packed in boxes at Reserve Bank of India, Kolkata |
| Source body | Reserve Bank of India (RBI) |
| Reference number | RBI/Kolkata Regional Office/Issue/1/25-26/ET/854 |
| Status | closed (award) |
| Year | 2026 |
| Closing date | Feb 19, 2026 |
| Documents | 1 |