Hiring of Agency for IT Projects- Milestone basis
N/a
BANGALORE, KARNATAKA
Progress
Quantity
1
Bid Type
Two Packet Bid
Canara Bank invites bids for an IT projects agency engaged on a milestone-basis procurement in Bangalore, Karnataka. The scope is defined as hiring an agency for IT project execution on milestone payments, with an EMD of ₹1,350,000. The procurement allows a quantity/duration adjustment of up to 25% at contract issue and again within the issued contract. EMD may be furnished via Demand Draft or online RTGS, with required proof uploaded and a hard copy delivered within 5 days. Integrity Pact and Manufacturer Authorization are mandatory, along with a Malicious Code Certificate to ensure software integrity.
EMD amount: ₹1,350,000
EMD payment methods: DD payable at Bangalore or online RTGS
RTGS details: Canara Bank, DIT PROCUREMENT GROUP, A/c 0792201002351, IFSC CNRB0000792
Contract variation: quantity/duration can be adjusted up to 25%
Dokuments: Integrity Pact, OEM authorization, Malicious Code Certificate
EMD ₹1,350,000 via DD or online RTGS with proof
Milestone-basis IT projects agency; 25% variation allowed
Integrity Pact, OEM authorization, and Malicious Code Certificate mandatory
EMD to be paid by DD or online RTGS; bid submission must include transfer proof
Milestone-based payments; no fixed delivery timeline stated in available data
Not specified in provided information; standard procurement penalties may apply per contract terms
Not under liquidation or similar proceedings
Able to provide Integrity Pact and OEM authorization
Can provide EMD via DD or online RTGS and furnish proof
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Hiring of Agency for IT Projects- Milestone basis
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Main Document
SCOPE_OF_WORK
PAYMENT
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
N/a
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for IT project agency work
Financial statements or turnover evidence
EMD submission proof (DD or RTGS transfer receipt)
Technical bid/submission documents
OEM Authorization/Manufacturer Authorization certificate
Integrity Pact signed copy
Malicious Code Certificate
Extended Deadline
04-Jun-2026, 3:00 pm
Opening Date
04-Jun-2026, 3:30 pm
Extended Deadline
29-May-2026, 3:00 pm
Opening Date
29-May-2026, 3:30 pm
Extended Deadline
20-May-2026, 3:00 pm
Opening Date
20-May-2026, 3:30 pm
Extended Deadline
13-May-2026, 3:00 pm
Opening Date
13-May-2026, 3:30 pm
Extended Deadline
12-May-2026, 3:00 pm
Opening Date
12-May-2026, 3:30 pm
Key insights about KARNATAKA tender market
Bidders must submit an EMD of ₹1,350,000 via DD or online RTGS to Canara Bank’s DIT PROCUREMENT GROUP; upload proof, sign the Integrity Pact, provide OEM authorization, and include a Malicious Code Certificate. Ensure all ATC/corrigendum documents are uploaded with the bid.
Required documents include GST certificate, PAN, IT project experience certificates, financial statements, EMD proof, OEM authorization, Integrity Pact, and Malicious Code Certificate. Ensure all documents are uploaded before bid end date and hard copies delivered within 5 days of bid opening.
EMD of ₹1,350,000 can be submitted as a Demand Draft payable at Bangalore or via RTGS online to Canara Bank, A/c 0792201002351; include bid number and bidder name in the transfer details and upload proof of payment with the bid.
Scope centers on IT project execution with a milestone-based payment framework. The contract allows a quantity/duration variation up to 25% at contract issue and subsequently; exact project deliverables are defined in the bid documents and ATC, with vendor compliance requirements.
Mandatory OEM/Original Service Provider Authorization and a signed Integrity Pact. Bidders must also provide a Malicious Code Certificate ensuring software integrity and no embedded malicious code, per Canara Bank’s buyer terms.
Payment terms follow milestone-based release; however, exact schedule is defined in the contract. Bidders should be prepared for payments aligned with milestones and ensure compliance with RTGS/online transfer for invoicing and timely payments per contract.
Submit a certificate stating that the hardware/software offered contains no embedded malicious code, with breach consequences noted. This must accompany the bid and be referenced in the terms; non-compliance may render the bid invalid.
All bidders must upload a signed Integrity Pact as per Canara Bank policy. The pact verifies anti-corruption commitments and must be submitted with the bid; non-submission disqualifies the bid from consideration.
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📍 BANGALORE, KARNATAKA
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Main Document
SCOPE_OF_WORK
PAYMENT
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS