Acquirer Bank Services for Rajasthan's FASTag-ANPR Multi-Lane Free Flow Toll System

Work Description - Rfp For Selection Of Acquirer Bank For Fastag-anpr Based Multi Lane Free Flow (mlff) User Fee Collection At 09 Fee Plazas In The State Of Rajasthan (bundle-rj 02) On Fixed Transaction Fee Model

The National Highways Authority of India, through its subsidiary Indian Highways Management Company Limited (IHMCL), represented by Mr. Amit Ranjan Chitranshi, announces an open tender for the 'RFP for Selection of Acquirer Bank for FASTag-ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 09 Fee Plazas in the State of Rajasthan (Bundle-RJ 02) on Fixed Transaction Fee Model'. This vital service procurement, identified by Tender Reference Number IHMCL/MLFF-RJ-02/2026, seeks a qualified Acquirer Bank to implement and manage an advanced FASTag-ANPR based Multi Lane Free Flow system across nine strategic fee plazas in Rajasthan, operating under a fixed transaction fee model for an estimated period of 1975 days. Prospective bidders are required to pay a non-refundable Tender Fee of ₹25,000 and an Earnest Money Deposit (EMD) of ₹30,00,000, both payable to IHMCL at New Delhi. The bidding process commenced with document downloads and bid submissions starting on 10-Mar-2026, with a strict deadline for bid submission and document download set for 21-Jul-2026 at 05:00 PM. Technical and financial proposals, submitted in two covers, will be opened on 22-Jul-2026 at 05:30 PM at NHAI HQ.