Managing Transactions for Telangana's FASTag ANPR Multi-Lane Free Flow Tolls

Work Description - 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 Telangana (bundle Tl 01) On Fixed Transaction Fee Model

The National Highways Authority of India (NHAI), through the Indian Highways Management Company Limited (IHMCL), invites eligible bidders for an Open Tender (Reference Number: IHMCL/MLFF TL 01/2026) for the "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 Telangana (Bundle TL 01) on Fixed Transaction Fee Model." This crucial services contract is structured on an Item Rate basis, with a specified work period of 1975 days, aimed at enhancing efficiency in user fee collection across the designated plazas. Interested parties are required to submit an Earnest Money Deposit (EMD) of ₹30,00,000 and a non-refundable Tender Fee of ₹25,000. Both the EMD and Tender Fee are payable to IHMCL at New Delhi, and various payment instruments including Bank Guarantee, NEFT, or others are accepted. Bids must adhere to a two-cover system, meticulously separating Fee/Pre-Qualification/Technical documents in the first cover from Financial proposals in the second cover. The e-publication date, along with the start dates for document download and bid submission, is March 23, 2026, at 06:00 PM. Prospective bidders must ensure all documents are downloaded and bids are submitted by the closing date of July 27, 2026, at 05:00 PM. The bids will subsequently be opened on July 28, 2026, at 05:30 PM at NHAI HQ. All submitted bids will maintain a validity period of 120 days from the bid opening date. Further comprehensive details and tender documents are available for download from the official portal.