IT Project Management and Execution Services - Milestone-Based Partnership

Work Description - NA

This tender, issued by the Department of Financial Services under the Ministry of Finance, presents a significant opportunity for qualified agencies to partner with the Indian Overseas Bank (IOB) in Chennai. With Bid Number GEM/2026/B/7904180, this procurement focuses on the **Hiring of Agency for IT Projects - Milestone basis**. Prospective bidders are invited to submit their proposals between **11-08-2026 at 6:35 PM** and **21-08-2026 at 7:00 PM**. The Department of Financial Services, represented by the Indian Overseas Bank, is seeking to engage an experienced agency for the successful execution of IT projects, with payment structured against defined project milestones. The designated office for this tender is Chennai, with the address for operations at Sify Technology Ltd, 2nd Floor, Tidel Park, 4, Rajiv Gandhi Salai, Thiruvanmiyur, Chennai - 600113. This tender represents a call for specialized IT project management and execution services, emphasizing a performance-driven, milestone-based remuneration model.