BEST Undertaking Daily Traffic Earnings Lifting and Banking Services Contract

Work Description - Request For Proposal For Appointment Of Firm For Lifting And Banking Of Daily Traffic Earnings Of The Best Undertaking For A Period Of 3 Years, Extendable By Up To 2 Additional Years, Subject To Satisfactory Performance.

This Request for Proposal (RFP) is issued by the Brihanmumbai Electric Supply and Transport Undertaking (BEST), a State Government and UT organization. The tender seeks to appoint a qualified firm for the crucial service of lifting and banking of daily traffic earnings for a period of three years, with an option for extension by up to two additional years, contingent upon satisfactory performance. The work is categorized under Miscellaneous Services and will be conducted in Mumbai. Prospective bidders are informed that the tender documents are available for download from February 27, 2026, at 05:00 PM, with the download period concluding on September 21, 2026, at 04:00 PM. The bid submission period commences on February 27, 2026, at 05:00 PM and ends on September 21, 2026, at 04:00 PM. The bid opening is scheduled for September 23, 2026, at 10:00 AM at the Dadar Workshop, Dadar (East). A mandatory Pre-Bid Meeting will be held on March 10, 2026, at 11:00 AM at the Committee Hall, 1st Floor, BEST House, BEST Marg, Colaba, Mumbai. The tender involves two covers, with a total tender fee of ₹12,500 and an Earnest Money Deposit (EMD) of ₹10,00,000, which can be submitted via Bank Guarantee or Standby Letter of Credit. Further details regarding technical evaluation, payment modes, and required documentation are available within the tender documents.