Acquirer Bank for Gujarat FASTag-ANPR MLFF Highway Toll Collection System

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 Gujarat (bundle-gj 03) On Fixed Transaction Fee Model

The Indian Highways Management Company Limited (IHMCL), a subsidiary of the National Highways Authority of India (NHAI), invites bids for an Open Tender (Reference Number: IHMCL/MLFF-GJ-03/2026) for the "Selection of Acquirer Bank for FASTag-ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 11 Fee Plazas in the State of Gujarat (Bundle-GJ 03) on Fixed Transaction Fee Model." This crucial service, with a contract period of 1975 days, aims to enhance user fee collection efficiency. The tender was e-published on March 20, 2026, at 05:05 PM. Interested bidders can download documents and submit their bids from March 20, 2026, 05:10 PM and 05:15 PM respectively. The deadline for document download and bid submission is August 03, 2026, at 05:00 PM, with bids scheduled for opening on August 04, 2026, at 05:30 PM at NHAI HQ. A non-refundable Tender Fee of ₹25,000 and an Earnest Money Deposit (EMD) of ₹30,00,000 are required, both payable to IHMCL at New Delhi, with payment options including Bank Guarantee, NEFT, RTGS, or others. Bids must be submitted in a two-cover system, comprising a technical bid (including proof of payment, power of attorney, and technical documents) and a financial bid (containing the financial proposal in .xls format). The bid validity period is 120 days.