National Highways Authority Of India Tender

Work Description - Selection Of Acquirer Bank For Fastag-anpr Based Multilane Free Flow (mlff) User Fee Collection At Km 22.750 Fee Plaza Of Urban Extension Road Ii (uer Ii) Toll Road Project

The National Highways Authority of India (NHAI), through its implementing agency Indian Highways Management Company Limited (IHMCL), invites open tenders (Tender Reference Number IHMCL/ MLFF UER-II/2025) for the selection of an Acquirer Bank to facilitate FASTag-ANPR based MultiLane Free Flow (MLFF) User Fee Collection at Km 22.750 Fee Plaza of the Urban Extension Road II (UER II) Toll Road Project. This service-oriented tender requires interested parties to download tender documents starting January 25, 2025, at 01:00 PM, with a document download and bid submission deadline of May 7, 2025, at 05:00 PM. A fixed Earnest Money Deposit (EMD) of ₹30,00,000 and a tender fee of ₹25,000, both payable to IHMCL in New Delhi, are mandatory and must be submitted offline as part of the two-cover bidding process. Technical and financial proposals are to be submitted as per the instructions outlined in the tender document, which can be downloaded from the e-procurement portal. The bid opening date is scheduled for May 8, 2025, at 05:30 PM at NHAI HQ. The contract period for the selected Acquirer Bank is 1185 days.