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 420 Million Pieces of Nepalese Rupees 50 Denomination Banknotes and Related Services

NRB/CMD/ICB/G-01/082/83

Date of publication: 25th July, 2025

Invitation for Bids No: 

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 420 (In words Four Hundred Twenty) Million Pieces of Nepalese Rupees 50 Denomination Banknotes and Related Services (IFB No: NRB/CMD/ICB/G-01/082/83). Bidding is open to all pre-qualified Bidders.

2. NRB invites sealed bids from pre-qualified Bidders as listed in ITB Clause 4.1 of Bid Data Sheet (BDS) and published on 12th March 2025 in the daily newspaper for the Procurement of Designing, Printing, Supply and Delivery of 420 Million Pieces of Nepalese Rupees 50 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 23 of the Bidding 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 may 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 Bidding Documents may be purchased via email, and upon payment of a non-refundable fee with the following details till 7th September, 2025 during office hours.

Name of the Bank: Nepal Rastra Bank

Name of the Office: Banking Department, Thapathali, Kathmandu Account Name: Currency Management Department

SN Currency

Account Number

1.

Cost of Bid Documents

NPR

1309901/011-000-524

20,000

2.

USD

1309901/011-000-840

146

3.

EUR

1309901/011-000-978

126

4.

GBP

1309901/011-000-826

109

6.

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

Pre-bid meeting shall be held at Nepal Rastra Bank, Currency Management Department, Thapathali, Kathmandu, Nepal, at 11:00 AM Nepal Standard Time on 17th August, 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 8th September, 2025 (46th day of this Tender announcement). 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 8th September, 2025 (46th day of Tender announcement) at the office of Nepal Rastra Bank, Currency Management Department, Thapathali, Kathmandu, Nepal. Bids must be valid for a period of One Hundred Twenty (120) days from the date of bid opening and must be accompanied by a bid security, amounting to a minimum of NRs. 4,00,00,000 (equivalent amount in bid currency, at selling exchange rate published by NRB on bid notice publication date), which shall be valid for 30 days beyond the validity period of the bid (i.e. 5th February, 2026)

9.

If the last date of purchasing, submission and opening falls on a government 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. NRB reserves the right to accept or reject, wholly or partly any or all the bids without assigning reason, whatsoever. The invitation for bids notice can also be viewed at the NRB website: https://www.nrb.org.np/departments/cmd

Source: The Rising Nepal