Acquirer Banking for Odisha'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 10 Fee Plazas In The State Of Odisha (bundle Od 01) On Fixed Transaction Fee Model

The National Highways Authority of India (NHAI), through its Indian Highways Management Company Limited (IHMCL), invites bids for a critical service contract. This Open Tender (Reference No. IHMCL/MLFF OD 01/2026) seeks to appoint an Acquirer Bank for the implementation and operation of a FASTag ANPR-based Multi Lane Free Flow (MLFF) User Fee Collection system. This significant initiative covers 10 designated Fee Plazas within the State of Odisha, specifically Bundle OD 01, and will operate on a Fixed Transaction Fee Model. The contract is for an estimated period of 1975 days and falls under the 'Services' category with an 'Item Rate' form of contract. Prospective bidders are required to submit 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 tender was e-published on March 23, 2026, at 06:30 PM, marking the commencement of document download and bid submission. The deadline for document download and bid submission is July 21, 2026, at 05:00 PM, with bids scheduled to be opened on July 22, 2026, at 05:30 PM at NHAI HQ. Bids must be submitted in a two-cover system, separating Fee/Pre-Qualification/Technical documents from financial proposals.