Acquirer Bank Selection for FASTag-ANPR MLFF User Fee Collection in Rajasthan

Work Description - Rfp For Selection Of Acquirer Bank For Fastag-anpr Based Multi Lane Free Flow (mlff) User Fee Collection At 07 Fee Plazas In The State Of Rajasthan (bundle-rj 03) On Fixed Transaction Fee Model

This tender, reference number IHMCL/MLFF-RJ-03/2026, is an open tender for Services, specifically seeking proposals for the selection of an Acquirer Bank for FASTag-ANPR based Multi Lane Free Flow (MLFF) User Fee Collection. The scope of work encompasses the operation and management of user fee collection at seven fee plazas within the state of Rajasthan, designated as Bundle-RJ 03, operating under a fixed transaction fee model. The issuing authority is the National Highways Authority of India, represented by AMIT RANJAN CHITRANSHI from IHMCL, NEW DELHI-110077. The tender documents are available for download from August 6, 2026, 06:50 PM, until September 2, 2026, 05:00 PM. Bids can be submitted starting August 6, 2026, 06:55 PM, with the final submission deadline on September 2, 2026, 05:00 PM. The bid opening is scheduled for September 3, 2026, 05:30 PM, at the NHAI HQ. A tender fee of ₹25,000 and an Earnest Money Deposit (EMD) of ₹30,00,000 are required, payable to IHMCL. The tender comprises two covers, with Cover 1 for fee, pre-qualification, and technical documents (including scanned proof of online payment for tender fee and EMD, power of attorney, and technical documents I-IV) and Cover 2 for the financial proposal. The work is estimated to have a period of 1975 days, with a bid validity of 120 days.