Acquirer Banking Services for Delhi NCR FASTag MLFF Toll Collection

Work Description - Rfp For Selection Of Acquirer Bank For Fastag Anpr Based Multi Lane Free Flow (mlff) User Fee Collection At 08 Fee Plazas In The Delhi Ncr Region (bundle Dl 03) On Fixed Transaction Fee Model

The National Highways Authority of India, through its subsidiary Indian Highways Management Company Limited (IHMCL), invites eligible bidders for an Open Tender (Tender ID: 2026_NHAI_278215_1, Reference: IHMCL/MLFF Delhi 03/2026) for the "RFP for Selection of Acquirer Bank for FASTag ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 08 Fee Plazas in the Delhi NCR Region (Bundle DL 03) on Fixed Transaction Fee Model." This crucial service, categorized as Services/Consultancy, will operate under an Item Rate Form of Contract for a period of 1975 days. Interested parties are required to submit a non-refundable Tender Fee of ₹25,000 and an Earnest Money Deposit (EMD) of ₹3,000,000 (₹30 Lakhs), both payable to IHMCL at New Delhi, with no EMD exemption allowed. Payments can be made via Bank Guarantee, NEFT, or other specified instruments. The tender process involves a two-cover submission structure: Cover 1 for Fee/Pre-Qualification/Technical documents and Cover 2 for Financial bids. Key dates include: e-Publication, Document Download Start, and Bid Submission Start from 20-May-2026 at 06:55 PM. The Document Download End Date and Bid Submission End Date are 30-Jul-2026 at 05:00 PM, with the Bid Opening scheduled for 31-Jul-2026 at 05:30 PM at NHAI HQ. Bids will be valid for 120 days from the opening date.