IT Project Implementation and Agency Services for Department of Financial Services

Tender Description for Hiring of Agency for IT Projects - Milestone Basis

This tender, with Bid Number GEM/2026/B/8107263, is issued by the Department of Financial Services, Ministry of Finance, through Indian Bank's Corporate Office. The bidding period commences on October 1, 2026, at 2:19 PM and concludes on October 30, 2026, at 3:00 PM. Indian Bank is seeking qualified and experienced agencies to undertake IT projects on a milestone-based payment structure. A mandatory Earnest Money Deposit (EMD) of ₹400,000.0 is required for participation. This opportunity is for agencies with a proven track record in delivering IT solutions and a robust understanding of project management methodologies, particularly those applicable to complex financial services IT environments. Bidders will be evaluated based on their technical expertise, proposed project approach, team capabilities, and financial viability to ensure the successful and timely execution of critical IT initiatives for the Department of Financial Services.