Acquirer Bank for Odisha's FASTag ANPR Multi Lane Free Flow Toll Collection

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 its implementing arm Indian Highways Management Company Limited (IHMCL), located at IHMCL HQ, New Delhi, invites an Open Tender for services, specifically an RFP for the 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 a Fixed Transaction Fee Model. This is a crucial initiative for modernizing toll collection across national highways. The tender, identified by Reference Number IHMCL/MLFF OD 01/2026 and Tender ID 2026_NHAI_272754_1, follows an Item Rate contract form and will involve a two-cover bidding process. Prospective bidders are required to pay a non-refundable Tender Fee of ₹25,000 and an Earnest Money Deposit (EMD) of ₹3,000,000, both payable to IHMCL at NEW DELHI. The ePublished Date, Document Download Start Date, and Bid Submission Start Date are all 23-Mar-2026 at 06:55 PM. The deadline for Document Download and Bid Submission is 23-Jul-2026 at 05:00 PM, with the Bid Opening Date scheduled for 24-Jul-2026 at 05:30 PM at NHAI HQ. The period of work is stipulated for 1975 days, and bids will remain valid for 120 days from the bid opening.