[RFP - Selection of Acquirer Bank for Implementation of Vehicle Monitoring, Enforcement and Collection System for National Capital Region] 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 published a Request for Proposal (RFP) for the selection of an Acquirer Bank to implement a Vehicle Monitoring, Enforcement, and Collection System for the National Capital Region. This is an open tender aimed at enhancing the efficiency of vehicle monitoring and enforcement in the region.
Scope / Work
The scope of work involves the selection of an Acquirer Bank for the implementation of the Vehicle Monitoring, Enforcement, and Collection System. Bidders are required to refer to the tender documents for detailed pre-qualification requirements. The contract type is based on item rates, and the expected period of work is 60 days.
Fees & EMD
- Tender Fee: ₹25,000, payable to IHMCL at New Delhi. No exemption is allowed for the tender fee.
- EMD (Earnest Money Deposit): ₹3,000,000, also payable to IHMCL at New Delhi. No exemption is allowed for the EMD.
Key dates
- Publish Date: 18-Feb-2026 06:50 PM
- Bid Submission Start Date: 18-Feb-2026 06:50 PM
- Bid Submission End Date: 20-Apr-2026 05:00 PM
- Bid Opening Date: 21-Apr-2026 05:30 PM
- Document Download Start Date: 18-Feb-2026 06:50 PM
- Document Download End Date: 20-Apr-2026 05:00 PM
Documents
Bidders can download the following documents from the e-tendering portal:
- Tendernotice_1.pdf - NIT
- TenderDocuments.rar - Tender Documents
How to proceed
Interested bidders should ensure they meet the eligibility criteria outlined in the tender documents and submit their bids within the specified timelines. All submissions must include the required tender fee and EMD to be considered valid.
AI insights
Key highlights
- high EMD size
- tight bid submission timeline
- no tender fee exemption
- no EMD exemption
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 | 18-Feb-2026 06:50 PM |
|---|---|
| Bid end | 20-Apr-2026 05:00 PM |
| Opening date | 21-Apr-2026 05:30 PM |
Documents available from 18-Feb-2026 06:50 PM to 20-Apr-2026 05:00 PM.
Tender Documents
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| Name | Size | Type | Action |
|---|---|---|---|
| TenderDocuments.rar | 7.07 MB | RAR |
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Work details
Location, category, and schedule for this procurement.
| Location | IHMCL |
|---|---|
| Category | Miscellaneous Services |
| Period of work | 60 days |
| Bid validity | 120 days |
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 | Amit Ranjan Chitranshi |
|---|---|
| Address | IHMCL |
| Payment instruments | Offline (Bank Guarantee) , Offline (NEFT) , Offline (R-T-G-S) , Offline (Others) |
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