[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]

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 an Open Tender for the selection of an Acquirer Bank to facilitate FASTag ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 11 Fee Plazas in Odisha. This tender operates on a Fixed Transaction Fee Model and is categorized under Miscellaneous Services.

Scope / Work

The primary objective of this tender is to select an Acquirer Bank for the implementation of a user fee collection system utilizing FASTag technology across specified fee plazas. Bidders are required to adhere to the technical and financial requirements outlined in the tender documents. The contract type is an Item Rate contract, and the work is expected to span a period of approximately 1975 days.

Fees & EMD

Bidders must pay a tender fee of ₹25,000, which is non-exemptible, payable to IHMCL at New Delhi. Additionally, a fixed Earnest Money Deposit (EMD) of ₹30,00,000 is required, also non-exemptible, and payable to IHMCL at New Delhi. Payment can be made through offline modes including Bank Guarantee and NEFT.

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

Bidders should ensure timely submission of their bids and are encouraged to download the tender documents promptly to prepare their proposals effectively.

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

Risk factors

high EMD size
tight submission timeline
non-exemptible fees
document compliance requirements

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

Critical dates

From the portal detail page (all dates captured when available).

Published date	23-Mar-2026 06:55 PM
Bid opening date	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

Tender Documents

How tender documents work

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Name	Size	Type	Action
T4.rar	3.74 MB	RAR	This file type cannot be previewed in the browser. Download it to open on your device. Download Sign-in required · same daily limit as viewing
C1OD02.pdf	195.57 KB	PDF	View document Sign-in required

Corrigenda

Official amendments and notices. PDFs open in the same viewer as tender documents (sign in, verified email, daily limit applies).

CORRIGENDUM I

Type Other

Published Corrigendum Details Date : 27-Apr-2026 05:03 PM [Tender information] Organisation Chain : National Highways Authority of India||Indian Highways Management Company Limited Tender ID : 2026_NHAI_272754_1 Tender Ref No : IHMCL/MLFF OD 01/2026 Tender Title : 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 Corrigendum Type : Other [Corrigendum Document Details]

File	Size	Type	Action
C1OD02.pdf	195.57	PDF	View document Sign-in required

Work details

Location, category, and schedule for this procurement.

Location	IHMCL HQ
Category	Miscellaneous Services
Period of work	1975 days
Bid validity	120 days