Acquirer Bank Selection for FASTag ANPR-based MLFF User Fee Collection on Trans Haryana Expressway

Work Description - Rfp For Selection Of Acquirer Bank For Fastag Anpr Based Multi Lane Free Flow (mlff) User Fee Collection At Trans Haryana Expressway (bundle Dl 02) On Fixed Transaction Fee Model

The National Highways Authority of India (NHAI), through Indian Highways Management Company Limited (IHMCL), is inviting proposals for the selection of an Acquirer Bank for FASTag ANPR-based Multi-Lane Free Flow (MLFF) User Fee Collection at the Trans Haryana Expressway (Bundle DL 02). This Request for Proposal (RFP) process operates on a Fixed Transaction Fee Model, seeking a qualified financial institution to manage this crucial aspect of toll collection. The tender, identified by Tender Reference Number IHMCL/MLFF Delhi 02/2026 and Tender ID 2026_NHAI_272710_1, is an open tender categorized under Services. Potential bidders are advised that the tender document download period commences on March 23, 2026, at 06:00 PM and concludes on August 10, 2026, at 05:00 PM. Similarly, bid submissions are accepted from March 23, 2026, at 06:00 PM until August 10, 2026, at 05:00 PM. The mandatory Earnest Money Deposit (EMD) for this tender is ₹30,00,000 (Rupees Thirty Lakhs Only), payable to IHMCL in New Delhi. Additionally, a tender fee of ₹25,000 (Rupees Twenty-Five Thousand Only) is required, also payable to IHMCL. The bid opening is scheduled for August 11, 2026, at 05:30 PM at NHAI HQ. This is a two-cover bid process, with Cover 1 comprising the Document Cost and Bid Security, along with other pre-qualification and technical documents, while Cover 2 is reserved for the financial bid in Excel format. The work period is stipulated at 1975 days, and the bid validity is 120 days. Interested parties should refer to the tender documents for specific details regarding pre-qualification criteria and other submission requirements.