National Highways Authority Of India Tender

Work Description - Selection Of Acquirer Bank For Fastag-anpr Based Multi Lane Free Flow (mlff) User Fee Collection At Choryasi Fee Plaza Of Bharuch-surat (nh-8) Toll Road Project

The National Highways Authority of India (NHAI), through its subsidiary Indian Highways Management Company Limited (IHMCL), invites bids for the selection of an acquirer bank for FASTag-ANPR based Multi Lane Free Flow (MLFF) user fee collection at the Choryasi Fee Plaza on the Bharuch-Surat (NH-8) Toll Road Project. This open tender (Tender ID: 2024_NHAI_222205_1, Reference Number: IHMCL/MLFF/ Choryasi/ Fee Plaza) requires a fixed EMD of ₹3,000,000 and a tender fee of ₹25,000, payable to IHMCL in New Delhi. The tender documents are available for download from December 31st, 2024, 6:50 PM to February 6th, 2025, 3:00 PM. Bid submission opens on December 31st, 2024, 6:50 PM and closes on February 6th, 2025, 3:00 PM, with bid opening scheduled for February 7th, 2025, 3:30 PM at IHMCL, New Delhi-110075. The contract is for an item rate, with a 1095-day work period and a 120-day bid validity. A pre-bid meeting will be held on January 13th, 2025, at 11:00 AM at IHMCL. Interested parties should submit two covers – one for fees/pre-qualification/technical documents and another for the financial proposal – as detailed in the tender documents. This is a significant infrastructure project demanding a reliable and efficient acquirer bank.