National Highways Authority Of India Tender

Work Description - Selection Of Acquirer Bank For Multi Lane Free Flow (mlff) Based Toll Collection

The National Highways Authority of India (NHAI), through its Indian Highways Management Company Limited (IHMCL), invites open tenders (Tender ID: 2024_NHAI_213249_1; Tender Reference Number: IHMCL/MLFF 001/2024/0111) for the selection of an acquirer bank for Multi Lane Free Flow (MLFF) based toll collection. This crucial service tender, with a bid submission deadline of March 18th, 2025, at 3:00 PM and bid opening on March 19th, 2025, at 3:30 PM, requires a non-refundable tender fee of ₹25,000 and a fixed EMD of ₹3,000,000 payable to IHMCL in New Delhi. The contract is for an item rate, with a 1095-day work period and a bid validity of 180 days. Interested bidders must submit two covers: one containing fee/pre-qualification/technical documents and the other containing the financial proposal. Detailed tender documents are available for download from November 1st, 2024, at 5:00 PM until March 18th, 2025, at 3:00 PM. The COO IHMCL at NHIA HQ is the tender inviting authority. Payment can be made via Bank Guarantee, NEFT, RTGS or other methods. This tender presents a significant opportunity to provide essential banking services to a major national infrastructure project.