Tender ID

Karnataka

Cancelled

Services

Fixed Deposit

Hubli-Dharwad BRTS Company Limited

HDBRTS Office Hubballi | Karnataka

Amount: Refer DocsCloses: 5 Sept 2024Closed

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Eligibility, documents, scope and key termsEligibility, required documents, scope of work and key terms of this tender, in one click.

Timeline

Published29 Aug 2024
Cancelled29 Aug 2024

Cancellation Details

Cancelled

CancelledCancelledReason: Cancelled

Published 29 Aug 2024

Tender Value

Refer Docs

Closing Date

5 Sept 2024, 10:30 pmClosed

Tender Inviting Authority

Office Inviting Bids

Hubli-Dharwad BRTS Company Limited

Contact Person

Suresh Kumar Patel

Office Number

Mobile Number

Work Description

Calling for Competitive Rate of Interest from Banks for Short term Deposits on callable basis

Tender Information

Tender ID

HDBRTS/2024-25/SE0010

Reference Number

HDBRTS/2024-25/SE0010

Tender Type

Open

Form of Contract

Electronic Documents, First(One Cover)

Location

HDBRTS Office Hubballi

Source Website

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Documents Required

8 documents required · 8 mandatory

Technical Bid

RequiredBank registration certificate/license

RequiredCAR ratio as on 31.03.2024 or latest

RequiredInterest validity period

Requiredlowering the interest rate in case pre closure

RequiredNetworth as on 31st March, 2024

RequiredNPA as on 31.03.2024 or latest

RequiredPAN card

RequiredProfitability record

Eligibility Criteria

Bidders shall not be under a declaration of ineligibility for corrupt and fraudulent practices issued by Government of Karnataka

It shall be the responsibility of the Bidder to ensure credit of Tender Processing Fee and EMD into the respective receiving bank accounts of e-Procurement on or before the last date and time of bid submission.

EMD Payments through e-Payment mode shall be made as one single transaction and payments made in part are liable for rejection.

Bank should have net worth of Rs. 5000 Crores in respect of Public Sector Banks (PSBs) & Private Sector Scheduled Commercial Banks, and Rs. 1000 Crores in respect of Regional Rural Banks (RRBs) (as on 31.03.2024).

Should have capital adequacy ratio (CAR) of atleast 12% (10% in case of RRBs only) as on 31.03.2024 or as the latest.

Profitability record of atleast 2 years out of 5 preceding consecutive years in case of PSB/RRBs and preceding 3 consecutive years in case of Private Sector Scheduled Commercial Banks.

Net NPA should be less than 2% as on 31.03.2024 (7.34% in case of RRBs) or latest.

Maximum % of interest rate per annum (for callable FDs and the interest should be calculated on quarterly compounding basis) which should be valid upto 30.09.2024. (If not, the validity period of the ROI shall be mentioned specifically in item No.6 of the bid document).

Bank conditions of lowering the interest rate (on quarterly compounding basis) in case pre closure of FD, may please be mentioned in the bid document (in the Bid Document to be provided by the banks) as item no.5.

The deposit ratio between PSBs /RRBs and Private sector scheduled commercial banks will be 60:40 (Private sector Scheduled Commercial Banks will be considered only when their ROI is competitive when compared to PSBs/RRBs for keeping not more than 40% of the intended FDs).

The Company has sole discretion to decide the number of days of FDs to be kept.

The banks who quote the highest interest rate would be considered for keeping deposits, only if it meets all other eligibility criteria.

The Company has the sole authority to keep or not to keep deposits depending upon the requirement of the Company.

Bankers may require to furnish the documents in support of their statements if required. Only rates and records submitted through the e-procurement portal shall be used for evaluation and selection of the Investee Bank.

The bidder is required to ensure browser compatibility of the computer well in advance to the last date and time for receipt of tenders. The departments shall not be responsible for non-accessibility of e-Procurement portal due to internet connectivity issues and technical glitches at bidders end.

Fee & Financial Details

Tender Fee Amount

₹5,000

EMD Fee Amount

Exempted

Important Dates

Last Activity

29 Aug 2024

Published

29 Aug 2024

Download Ends

2 Sept 2024

Pre-Bid Meeting

2 Sept 2024

BOQ Preview

•

Competitive rate of interest for above 2 Cr for a period of 6 months

Documents

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NIT Documents

Details to upload in e-portal_29.08.2024.pdf

Instructions to Tenderers • 0.08 MB

Information to be furnished by the Bank_29_08.pdf

Tender Document • 0.10 MB

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Tender ID

Karnataka

Cancelled

Services

Fixed Deposit

Hubli-Dharwad BRTS Company Limited

HDBRTS Office Hubballi | Karnataka

Amount: Refer DocsCloses: 5 Sept 2024Closed

Tenderkart AI

Reads all tender documents

Eligibility, documents, scope and key termsEligibility, required documents, scope of work and key terms of this tender, in one click.

Timeline

Published29 Aug 2024
Cancelled29 Aug 2024