Reserve Bank of India Auditorium Chair Tender Hyderabad 2026 - V2 PAC, IS 550 Standards Not Specified, Estimated ₹2.54 Crore
Bid Publish Date
02-Sep-2026, 11:17 am
Bid End Date
15-Sep-2026, 12:00 pm
EMD
₹50,000
Value
₹25,37,254
Progress
Tender Overview
Reserve Bank of India (Department of Financial Services) in Hyderabad invites procurement of Auditorium Chair (V2) under PAC category. The project has an estimated value of ₹2,537,254 with an EMD of ₹50,000. The contract allows quantity variation up to 25% during bidding and currency of contract at contracted rates, starting from the last date of the original delivery order. The organization emphasizes strict adherence to delivery timelines and online payment options for security deposits. Unique terms include option-based delivery extension and online PBG submission requirements.
Technical Specifications & Requirements
- Product: Auditorium Chair (V2) under PAC category (Q2) with no explicit technical specs published in BOQ.
- Estimated contract value: ₹2,537,254; EMD: ₹50,000.
- Delivery terms hinge on the option clause: quantity may vary by up to 25%; delivery period adjustments follow the formula: (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.
- Payment/guarantee: online RTGS/internet banking as part of Security Deposit/PBG, with bidder to upload proof within 15 days of award; bank details provided for transfer to RBI Hyderabad.
- No BOQ items; tender data relies on RBI terms and GeM GTC compliance.
Terms, Conditions & Eligibility
- Option Clause: RBI may increase/decrease quantity by up to 25% at contract placement and during currency at contracted rates.
- EMD: ₹50,000; submission via online payment acceptable alongside PBG per GeM terms.
- Delivery: delivery period governed by original delivery schedule; extended time computations apply per the formula with a minimum of 30 days.
- Payment Terms: successful bidder to use RTGS/internet banking for security deposit and contract-related payments; provide contract name and seller name in transfer details.
- Submission Window: proof of online payment and scanned transfer receipt to be uploaded within 15 days of award; no explicit delivery date published.
- Guarantees: PBG submission required per GeM GTC; online payment route must be clearly identified.
Key Specifications
-
Product/Category: Auditorium Chair (V2) under PAC, Q2
-
Estimated value: ₹2,537,254; EMD: ₹50,000
-
Delivery variation: ±25% quantity; delivery period adjustment formula
-
Payment method: RTGS/internet banking for EMD/PBG
-
Bank details: RBI Hyderabad, Account 8614038, IFSC RBIS0NEFTHY
-
No BOQ items published; rely on buyer terms and GeM GTC
Terms & Conditions
-
Option-based quantity variation up to 25% during contract
-
EMD of ₹50,000; online payment acceptable
-
Delivery period adjusted per formula with 30-day minimum
-
Online PBG submission within 15 days of award
-
RTGS/internet banking payments required for deposits
-
No published BOQ items; adhere to RBI terms
Important Clauses
Payment Terms
Online RTGS/internet banking accepted for EMD and PBG; include contract name and seller in transfer details; payment proof to be uploaded within 15 days of award.
Delivery Schedule
Delivery period governed by original delivery order; extended time computed as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days; option clause permits quantity changes up to 25%.
Penalties/Liquidated Damages
Not explicitly stated in data; implied via delivery penalties in option clause and delivery extension terms.
Bidder Eligibility
-
Experiencing procurement of auditorium seating or related furniture
-
Demonstrated financial capability with recent financial statements
-
Compliance with GeM GTC and RBI payment terms
Tender Data
Bid Details
Quantity
137
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
Yes
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
10
OEM Avg. Turnover
80
Past Performance
20 %
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Auditorium Chair (V2) (Q2) ( PAC Only )
Advisory Bank
State Bank of India
ePBG Percentage
3%
ePBG Duration (Months)
3
Delivery Details
Max Delivery Days
45
Delivery Locations
1
Delivery Cities
Hyderabad
Delivery Pincodes
500004
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| R V Shiva | 500004,Estate Department Reserve Bank of India 6-1-56, AG Office Rd, Saifabad, Khairtabad, Hyderabad Telangana 500004 | Hyderabad | Telangana | 500004 | 137 | 45 | - |
Authority Records
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Documents 4
GeM-Bidding-9785829.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
2
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar auditorium/ seating procurement
Financial statements (last financial year)
EMD submission proof (online RTGS transfer receipt or bank challan)
Technical bid documents (if required by RBI terms)
OEM authorization certificates (if applicable)
PBG submission proof or online payment confirmation
Frequently Asked Questions
How to bid for RBI auditorium chair tender in Hyderabad 2026
Bidders must submit GST, PAN, experience certificates, and financial statements, plus EMD ₹50,000 via online RTGS. Ensure PBG compliance per GeM GTC and provide OEM authorizations if required. Delivery terms hinge on a 25% quantity option and online payment proof within 15 days of award.
What documents are required for RBI seating procurement bid in Hyderabad
Submit GST certificate, PAN, last two years financials, experience certificates for similar seating, EMD payment receipt, technical bid documents, and OEM authorizations. Include bank transfer details for online EMD/PBG and a scanned proof of payment within 15 days of award.
What are the delivery terms for RBI auditorium chair tender 2026
Delivery is governed by the original delivery order; quantity may increase by up to 25% during contract with adjusted delivery period using (increase/original) × original period, minimum 30 days. Ensure timely online payment proof to avoid delays.
How to submit PBG and EMD for RBI Hyderabad seating tender
Submit EMD ₹50,000 via online RTGS or bank transfer to RBI Hyderabad account 8614038, IFSC RBIS0NEFTHY, with contract name in transfer details. Upload scanned proof within 15 days of award; PBG may be required as per GeM GTC.
What standards or certifications are required for RBI seating bid
No explicit IS/ISO standards listed; bidders should comply with GeM GTC and RBI procurement terms. Where OEM requirements exist, provide OEM authorization certificates; ensure all submissions meet local banking transfer and GST compliance.
When is the delivery deadline for RBI auditorium chairs Hyderabad bid
The exact delivery deadline follows the original delivery order; extended delivery time is computed via the option clause formula, with a minimum of 30 days. Ensure prompt online payment documentation and PBG submission within 15 days of award.
What is the estimated contract value for RBI chair procurement
The estimated contract value is ₹2,537,254 with an EMD of ₹50,000. The vendor must align pricing to contracted rates for any quantity up to 25% variation during the currency of the contract.
What is the process to participate in RBI PAC seating bid
Prepare essential documents (GST, PAN, financials, experience certificates), arrange EMD ₹50k via RTGS, ensure online PBG readiness, and upload proof within 15 days of award. Follow GeM GTC terms and RBI delivery/variation clauses during bidding.