Acquirer Bank for Rajasthan Multi Lane Free Flow FASTag-ANPR Toll Collection

Work Description - Rfp For Selection Of Acquirer Bank For Fastag-anpr Based Multi Lane Free Flow (mlff) User Fee Collection At 09 Fee Plazas In The State Of Rajasthan (bundle-rj 02) On Fixed Transaction Fee Model

The National Highways Authority of India (NHAI), through its implementing body, the Indian Highways Management Company Limited (IHMCL), represented by Tender Inviting Authority Mr. Amit Ranjan Chitranshi, invites open tenders for the "RFP for Selection of Acquirer Bank for FASTag-ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 09 Fee Plazas in the State of Rajasthan (Bundle-RJ 02) on Fixed Transaction Fee Model." This crucial service contract, designated by Tender Reference Number IHMCL/MLFF-RJ-02/2026, aims to enhance user fee collection efficiency over an estimated period of 1975 days. The tender was e-published on March 10, 2026, at 01:40 PM. Interested bidders can download documents from March 10, 2026, 01:45 PM, until July 28, 2026, 05:00 PM. Bid submission commences on March 10, 2026, at 01:50 PM and closes on July 28, 2026, at 05:00 PM. The bids will be opened on July 29, 2026, at 05:30 PM at NHAI HQ. A non-refundable Tender Fee of INR 25,000 and an Earnest Money Deposit (EMD) of INR 30,00,000 are mandatory, payable to IHMCL at New Delhi, with options including Bank Guarantee, NEFT, RTGS, and other specified instruments. Bidders are required to submit their proposals in a two-cover system, comprising technical and financial components, as per the detailed instructions in the tender documents. The project's operational location is IHMCL, New Delhi-110077.