Acquirer Banking for Delhi NCR 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 14 Fee Plazas In The Delhi Ncr Region (bundle-dl 01) On Fixed Transaction Fee Model

The National Highways Authority of India (NHAI), through the Indian Highways Management Company Limited (IHMCL), hereby invites an Open Tender, Tender Reference Number IHMCL/MLFF-Delhi-01/2026, for the "RFP for Selection of Acquirer Bank for FASTag-ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 14 Fee Plazas in the Delhi NCR Region (Bundle-DL 01) on Fixed Transaction Fee Model." This crucial service contract involves a work period of 1975 days. The tender was e-published on March 10, 2026, at 01:05 PM. Prospective bidders can download tender documents from March 10, 2026, 01:10 PM, until July 28, 2026, 05:00 PM. Bid submission commences on March 10, 2026, at 01:15 PM and concludes on July 28, 2026, at 05:00 PM. The technical and financial bids will be opened on July 29, 2026, at 05:30 PM at NHAI HQ. A non-refundable Tender Fee of ₹25,000 and an Earnest Money Deposit (EMD) of ₹3,000,000 are mandatory, both payable to IHMCL at NEW DELHI, with payment accepted via Bank Guarantee, NEFT, RTGS, or other specified instruments. The tender process involves two covers for submission: one for Fee/PreQualification/Technical documents and another for the Financial Proposal, with bids remaining valid for 120 days. The Tender Inviting Authority is Mr. Amit Ranjan Chitranshi, located at IHMCL, NEW DELHI-110077.