[RFP for Selection of Acquirer Bank for FASTag ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 10 Fee Plazas in the State of Odisha (Bundle OD 01) on Fixed Transaction Fee Model] open
AI summary
This tender provides details about the project including scope of work, estimated value, deadlines, and eligibility requirements.
Overview
This tender is issued by the National Highways Authority of India for the selection of an Acquirer Bank to facilitate FASTag ANPR-based Multi Lane Free Flow (MLFF) User Fee Collection at 10 Fee Plazas in the State of Odisha. The contract will be based on a Fixed Transaction Fee Model.
Scope / Work
The work involves the selection of an Acquirer Bank for the implementation of the FASTag ANPR-based MLFF system at specified fee plazas. The tender is categorized under Miscellaneous Services and is structured as an Open Tender.
Fees & EMD
- Tender Fee: ₹25,000, payable to IHMCL at New Delhi. Exemption is not allowed.
- EMD (Earnest Money Deposit): ₹3,000,000, also payable to IHMCL at New Delhi. Exemption is not allowed. The EMD is fixed and not a percentage.
Key dates
- Publish Date: 23-Mar-2026 06:30 PM
- Bid Submission Start Date: 23-Mar-2026 06:30 PM
- Bid Submission End Date: 07-May-2026 05:00 PM
- Bid Opening Date: 08-May-2026 05:30 PM
- Document Download Period: From 23-Mar-2026 06:30 PM to 07-May-2026 05:00 PM
Documents
Tender documents can be accessed at the official portal: etenders.gov.in
- NIT: Tendernotice_1.pdf
- Tender Docs: T3.rar
How to proceed
Interested bidders should download the tender documents during the specified period and prepare their bids according to the guidelines provided. Ensure compliance with the EMD and tender fee requirements, and submit bids before the deadline.
AI insights
RFP for Selection of Acquirer Bank for FASTag ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 10 Fee Plazas in the State of Odisha (Bundle OD 01) on Fixed Transaction Fee Model
Key highlights
- High EMD amount
- Bid validity of 120 days
- Tight submission timeline
- No exemption for fees
Financials
| Tender value | Undisclosed |
|---|---|
| EMD amount | ₹30,00,000 — payable to IHMCL at NEW DELHI |
| Tender fee | ₹25,000 — payable to IHMCL at NEW DELHI |
Payment mode Offline
Timeline
| Publish date | 23-Mar-2026 06:30 PM |
|---|---|
| Bid end | 07-May-2026 05:00 PM |
| Opening date | 08-May-2026 05:30 PM |
Documents available from 23-Mar-2026 06:30 PM to 07-May-2026 05:00 PM.
Tender Documents
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| Name | Size | Type | Action |
|---|---|---|---|
| T3.rar | 3.77 MB | RAR |
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Work details
Location, category, and schedule for this procurement.
| Location | IHMCL HQ |
|---|---|
| Category | Miscellaneous Services |
| Period of work | 1975 days |
| Bid validity | 120 days |
RFP for Selection of Acquirer Bank for FASTag ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 10 Fee Plazas in the State of Odisha (Bundle OD 01) on Fixed Transaction Fee Model
Organisation chain
National Highways Authority of India||Indian Highways Management Company Limited
Basic details
- Tender reference: IHMCL/MLFF OD 01/2026
- Tender ID: 2026_NHAI_272737_1
- Tender type: Open Tender
- Form of contract: Item Rate
- Tender category: Services
- No. of covers: 2
- Payment mode: Offline
- Withdrawal allowed: Yes
Work item
- Work description: RFP for Selection of Acquirer Bank for FASTag ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 10 Fee Plazas in the State of Odisha (Bundle OD 01) on Fixed Transaction Fee Model
- NDA / pre-qualification: Please refer Tender documents.
- Tender value (₹): 0.00
- Product category: Miscellaneous Services
- Contract type: Tender
- Location: IHMCL HQ
- Pincode: 110077
- Bid opening place: NHAI HQ
- Bid validity (days): 120
- Period of work (days): 1975
Fees & EMD
- Tender fee (₹): 25,000
- Fee payable to: IHMCL
- Fee payable at: NEW DELHI
- Tender fee exemption: No
- EMD (₹): 30,00,000
- EMD exemption: No
- EMD type: fixed
Critical dates
- Published: 23-Mar-2026 06:30 PM
- Bid opening: 08-May-2026 05:30 PM
- Document download / sale start: 23-Mar-2026 06:30 PM
- Document download / sale end: 07-May-2026 05:00 PM
- Bid submission start: 23-Mar-2026 06:30 PM
- Bid submission end: 07-May-2026 05:00 PM
Covers (bid packets)
- 1 — Fee/PreQual/Technical — DOCUMENT COST AND BID SERCURITY — .pdf
- POWER OF ATTORNEY — .pdf
- TD 1 — .pdf
- TD 2 — .pdf
- TD 3 — .pdf
- TD 4 — .pdf
- 2 — Finance — BIDDING EXCEL — .xls
Payment instruments
- Offline: Bank Guarantee
- Offline: NEFT
- Offline: Others
Tender inviting authority
- Name: A R CHITRANSHI
- Address: IHMCL HQ
Tender basics
| Tender type | Open Tender |
|---|---|
| Form of contract | Item Rate |
| Tender category | Services |
| No. of covers | 2 |
| Organisation chain | National Highways Authority of India||Indian Highways Management Company Limited |
| Source portal | etenders.gov.in |
Authority details
| Inviting authority | A R CHITRANSHI |
|---|---|
| Address | IHMCL HQ |
| Payment instruments | Offline (Bank Guarantee) , Offline (NEFT) , Offline (Others) |
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