Okay, here’s a breakdown of the Reserve Bank of India (RBI) tender for repair and repainting work at their residential quarters in Mumbai, explained in a way that’s easy to understand.
RBI Calls for Bids to Fix Up and Paint Officer Housing in Mumbai
The Reserve Bank of India (RBI), the country’s central bank, is looking for contractors to carry out internal repair and repainting work in some of its residential flats for senior officers in Mumbai. This essentially means they want to freshen up the inside of these apartments with repairs and a new coat of paint.
What’s the Project About?
The RBI is responsible for providing housing for its employees, especially senior officers. Over time, these residences need upkeep. This particular tender focuses on internal repairs and repainting of 15 flats located in two buildings:
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Jalada: This building has two types of flats:
- 9 flats of B-Type
- 3 flats of A-Type
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Varada: This building has 3 flats.
All these buildings, Jalada and Varada, are located in Prabhadevi, a central area in Mumbai.
Why is the RBI Doing This?
- Maintaining Housing Standards: The RBI likely wants to maintain a certain standard of living for its senior officers by keeping their residences in good condition.
- Preventing Deterioration: Regular repairs and painting help prevent further deterioration of the flats, saving the RBI money in the long run by avoiding major repairs later.
- Improving Aesthetics: A fresh coat of paint and minor repairs can significantly improve the look and feel of the apartments, making them more pleasant for the residents.
Who Can Bid for the Project?
The RBI will have specific criteria for who can apply for this tender. Generally, they’ll be looking for:
- Experienced Contractors: Companies with a proven track record of completing similar repair and painting projects.
- Financially Stable Companies: The RBI needs to be sure the contractor can complete the project without running into financial difficulties.
- Registered Contractors: Companies that are properly registered and licensed to operate in India.
Key Takeaways:
- RBI is the Client: The Reserve Bank of India is the organization issuing the tender.
- Project Scope: Internal repair and repainting work.
- Location: Senior Officers’ Quarters in Prabhadevi, Mumbai.
- Buildings: Jalada (A-Type and B-Type flats) and Varada.
- Number of Flats: 15 (9 B-Type, 3 A-Type, 3 in Varada).
- Date Published: June 10, 2025
What Happens Next?
Interested contractors will likely:
- Download the Tender Document: Obtain the full details of the tender from the RBI website. This document will outline the specific requirements, technical specifications, and bidding process.
- Visit the Site: Contractors might visit the residential buildings to assess the scope of the work and estimate costs accurately.
- Prepare a Bid: Based on the tender document and site visit, contractors will prepare a detailed bid outlining their proposed approach, timeline, and cost.
- Submit the Bid: The bid must be submitted to the RBI by the specified deadline.
- RBI Evaluation: The RBI will evaluate the bids based on various factors, including price, experience, and technical capabilities.
- Awarding the Contract: The RBI will award the contract to the contractor that it believes offers the best value for money.
In Conclusion:
This tender is a routine but important part of maintaining the RBI’s employee housing. It provides an opportunity for qualified contractors to bid for a project that contributes to the upkeep and improvement of these residences.
The AI has delivered the news.
The following question was used to generate the response from Google Gemini:
At 2025-06-10 18:15, ‘Internal repair & repainting in 15 flats at Bank’s Senior Officers’ Quarters Jalada (B-Type 9 flats, A-Type 3 flats) & Varada (3 flats), Prabhadevi, Mumbai’ was published according to Bank of India. Please write a detailed article with related information in an easy-to-understand manner. Please answer in English.
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