RBI awards ₹2.36 crore coin transport contract, two-bid system
The Reserve Bank of India (Mumbai Regional Office) contracted for the transportation of coins from the RBI/Government of India Mint in Mumbai to various currency chests and offices, with the carrier assuming the risk.
The document does not state the specific eligibility criteria (such as minimum turnover, years of experience, or required certifications) required to bid. It only lists the three companies that were qualified after technical evaluation.
- Tender Type: Two bid system
- Contract Value: ₹2,36,00,000.00 (approx.)
- Contract Duration: May 08, 2026 to Mar 31, 2028
- Bid Submission Deadline: Mar 11, 2026
- Tender Mode: MSTC portal
Written from the document by AI, and checked against it. The original below is authoritative.
Who won this contract — M/s Suresh Tukaram Gavhane Cash Van and Tourist Vehicle Supplier, ₹2,36,00,000.00
· lowest bidder: yes
(extracted from the award document; verify against the original)
The original document
Award
2026-06-30
Document details
| Official title | Transportation of Coins from Reserve Bank of India/ Government of India Mint, Fort, Mumbai to Currency Chests in Mumbai, Outstation RBI Offices, Other Centres etc. with Carrier’s Risk |
| Source body | Reserve Bank of India (RBI) |
| Reference number | RBI/Mumbai Regional office/Issue/1/25-26/ET/1028 |
| Status | closed (award) |
| Year | 2026 |
| Closing date | Mar 11, 2026 |
| Documents | 1 |