[RFP for Selection of Acquirer Bank for FASTag ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 11 Fee Plazas in the State of Odisha (Bundle OD 02) 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
The National Highways Authority of India (NHAI) has issued a Request for Proposal (RFP) for the selection of an Acquirer Bank for FASTag ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 11 Fee Plazas in the State of Odisha. This tender is structured on a Fixed Transaction Fee Model and falls under the category of services.
Scope / Work
The work involves the selection of an Acquirer Bank to facilitate the collection of user fees at designated fee plazas using the FASTag ANPR system. The contract will be governed by an Item Rate form of contract, and the total period of work is estimated at 1975 days. Bidders should refer to the tender documents for specific pre-qualification requirements.
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. Both fees must be submitted offline.
Key dates
- Publish Date: 23-Mar-2026 06:55 PM
- Bid Submission Start Date: 23-Mar-2026 06:55 PM
- Bid Submission End Date: 07-May-2026 05:00 PM
- Bid Opening Date: 08-May-2026 05:30 PM
- Document Download Start Date: 23-Mar-2026 06:55 PM
- Document Download End Date: 07-May-2026 05:00 PM
Documents
Bidders can access the following documents:
- NIT
- Tender Docs
How to proceed
Interested bidders should ensure compliance with the tender requirements, prepare necessary documentation, and submit bids within the stipulated timelines. It is advisable to download all relevant documents and review them thoroughly before submitting bids.
AI insights
RFP for Selection of Acquirer Bank for FASTag ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 11 Fee Plazas in the State of Odisha (Bundle OD 02) on Fixed Transaction Fee Model
Key highlights
- High EMD size
- 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 06:55 PM |
|---|---|
| Bid end | 07-May-2026 05:00 PM |
| Opening date | 08-May-2026 05:30 PM |
Documents available from 23-Mar-2026 06:55 PM to 07-May-2026 05:00 PM.
Tender Documents
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| Name | Size | Type | Action |
|---|---|---|---|
| T4.rar | 3.74 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 11 Fee Plazas in the State of Odisha (Bundle OD 02) 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_272754_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 11 Fee Plazas in the State of Odisha (Bundle OD 02) 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 06:55 PM
- Bid opening: 08-May-2026 05:30 PM
- Document download / sale start: 23-Mar-2026 06:55 PM
- Document download / sale end: 07-May-2026 05:00 PM
- Bid submission start: 23-Mar-2026 06:55 PM
- Bid submission end: 07-May-2026 05:00 PM
Covers (bid packets)
- 1 — Fee/PreQual/Technical — DOCUMENT COST AND BID SECURITY — .pdf
- POWER OF ATTORNEY — .pdf
- TD 1 — .pdf
- TD 2 — .pdf
- TD 3 — .pdf
- TD 4 — .pdf
- 2 — Finance — 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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