Invitation for Bids

Nepal Rastra Bank

Currency Management Department

Invitation for Bids from Pre-qualified Security Printers for the Procurement of Designing, Printing, Supply, and Delivery of 430 million pieces of Nepalese Rupees 1000 Denomination Banknotes and Related Services

Date of publication: 26 August 2025

Invitation for Bids No:

NRB/CMD/ICB/G-02/082/83

Procurement of Designing, Printing, Supply, and Delivery of 430 million pieces of Nepalese Rupees 1000 Denomination Banknotes and Related Services

1. Nepal Rastra Bank (NRB) intends to apply part of the funds to cover eligible payments under the Contract for Procurement of Designing, Printing, Supply, and Delivery of 430 (In words Four Hundred Thirty) million pieces of Nepalese Rupees 1000 (In words One Thousand) Denomination Banknotes and Related Services (IFB No: NRB/CMD/ICB/G-02/082/83). Bidding is open to all pre-qualified bidders.

2. The NRB invites sealed bids from pre-qualified bidders as listed in ITB Clause 4.1 of Bid Data Sheet (BDS) and published on 12 March 2025 in the daily newspaper for the Procurement of Designing, Printing, Supply, and Delivery of 430 (In words Four Hundred Thirty) million pieces of Nepalese Rupees 1000 (In words One Thousand) Denomination Banknotes and Related Services under International Competitive Bidding - Single Stage Two Envelope.

3. Under the Single Stage Two Envelope Procedure, bidders are required to submit simultaneously two separate sealed envelopes, one containing (i) the Technical Bid and the other (ii) the Price Bid, both in turn enclosed in one sealed envelope as per the provision of ITB Clause 23 of the Bid Document.

4. Pre-qualified bidders may obtain further information and inspect the bidding documents at the office of Nepal Rastra Bank, Currency Management Department, Thapathali, Kathmandu, Nepal, Telephone Number 977-1-5925562 or email address: noteprocurement@nrb.org.np

5. A complete set of Bidding Documents can be purchased from the office of Nepal Rastra Bank, Currency Management Department, Thapathali, Kathmandu, Nepal and the office of Nepal Rastra Bank, Currency Management Department, Mint Division, Babarmahal, Kathmandu, Nepal, by pre- qualified bidders or their authorized agents on the submission of a written application, along with the copy of company/firm registration certificate of bidder and agent, letter of authorization to purchase the bid document or security encrypted Bid Document can be purchased via email, and upon payment of a non-refundable fee with the following details till 9 October 2025 during office hours.

Name of the Bank Nepal Rastra Bank

Name of the Office: Banking Department, Thapathali, Kathmandu

Account Name

SN

1.

2.

3.

4.

: Currency Management Department

Currency

Account Number

Cost of Bid Documents

NPR

1309901/011-000-524

20,000

USD

1309901/011-000-840 144

EUR

1309901/011-000-978

GBP

1309901/011-000-826

123

107

SWIFT Code: NRBLNPKA (The SWIFT message is also required to specify the Account Number as mentioned above for respective currency)

6. Pre-bid meeting shall be held at Nepal Rastra Bank, Currency Management Department, Thapathali, Kathmandu, Nepal, at 11:00 AM Nepal Standard Time on 16 September 2025.

7. Sealed bids must be submitted to the office of Nepal Rastra Bank, Currency Management Department, Thapathali, Kathmandu, Nepal by hand/courier on or before 12:00 Noon Nepal Standard Time on 10 October 2025. Bids received after this deadline will be rejected.

8. The bids will be opened in the presence of Bidders' representatives who choose to attend at 1:00 PM Nepal Standard Time on 10 October 2025 at the office of Nepal Rastra Bank, Currency Management Department, Thapathali, Kathmandu, Nepal. Bids must be valid for a period of 120 (One hundred twenty) days from the date of bid opening and must be accompanied by a bid security, amounting to a minimum of NPR 6,40,00,000 (equivalent amount in bid currency, at selling exchange rate published by the NRB on bid notice publication date), which shall be valid for 30 days beyond the validity period of the bid (i.e. 9 March 2026).

9. If the last date of purchasing, submission and opening falls on a public holiday, then the next working day shall be considered as the last date. In such case, the validity period of the bid and bid security shall remain the same as specified for the original last date of bid submission.

10. If the blacklisted (as per Public Procurement Act, 2007) firm, institution or company including its directors or any investors has opened or operated a new firm, company or institution; such person, firm, institution, or company shall not be eligible to submit the bid.

11. The NRB reserves the right to accept or reject, wholly or partly any or all the bids without assigning reason, whatsoever. The notice of Invitation for bids can also be viewed at the NRB website: https://www.nrb.org.np/departments/cmd/

Source: The Rising Nepal