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

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 Gujarat (bundle-gj 03) On Fixed Transaction Fee Model

This tender, referenced as IHMCL/MLFF-GJ-03/2026, is an Open Tender for Services, specifically a Request for Proposal (RFP) to select an Acquirer Bank for FASTag-ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 11 Fee Plazas located in the State of Gujarat, identified as Bundle-GJ 03. The contract will operate on a Fixed Transaction Fee Model. The issuing authority is the National Highways Authority of India, with the tender being managed by the Indian Highways Management Company Limited (IHMCL). The tender documents are available for download from March 20, 2026, at 05:10 PM until September 10, 2026, at 05:00 PM. Bids can be submitted starting from March 20, 2026, at 05:15 PM, with the final submission deadline being September 10, 2026, at 05:00 PM. The Bid Opening Date is scheduled for September 11, 2026, at 05:30 PM, and will take place at NHAI HQ. A Tender Fee of ₹25,000 is payable to IHMCL, and an Earnest Money Deposit (EMD) of ₹30,00,000 is also required, payable to IHMCL at NEW DELHI. The tender involves two covers: Cover 1 for Fee/PreQual/Technical documents, and Cover 2 for the Financial Proposal. The period of work is estimated at 1975 days, and bid validity will be 120 days.