Odisha FASTag Multi-Lane Free Flow Toll Collection Acquirer Bank Partner

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 Odisha (bundle Od 02) On Fixed Transaction Fee Model

The National Highways Authority of India (NHAI), through the Indian Highways Management Company Limited (IHMCL), represented by Tender Inviting Authority A R Chitranshi from IHMCL HQ, invites prospective bidders for an Open Tender under Tender Reference Number IHMCL/MLFF OD 01/2026. This Request for Proposal (RFP) is for the Selection of Acquirer Bank to facilitate FASTag ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 11 Fee Plazas located in the State of Odisha (Bundle OD 02) on a Fixed Transaction Fee Model. The project, categorized under Services with an Item Rate form of contract, involves a Period of Work spanning 1975 days and requires a Bid Validity of 120 days. Interested parties can download tender documents and submit bids from 23-Mar-2026 06:55 PM, with the deadline for document download and bid submission set for 30-Jul-2026 05:00 PM. The technical and financial bids, requiring a two-cover submission, will be opened on 31-Jul-2026 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 mandatory, both payable to IHMCL at New Delhi. For comprehensive details regarding eligibility criteria and submission requirements, bidders are advised to refer to the official tender documents.