Bank of India IT Projects Milestone-Based Agency Hiring Mumbai Maharashtra 2026
Bid Publish Date
27-Sep-2026, 12:47 pm
Bid End Date
03-Nov-2026, 5:00 pm
EMD
₹60,00,000
Location
Progress
Key Highlights
- • Brand/OEM requirements: Not specified in the available data; rely on ATC
- • Technical certifications/standards: IS/IT governance standards to be clarified in RFP ATC
- • Special clauses: Milestone-based contract structure; view ATC for penalties and schedule
- • Important eligibility criteria: Follow RFP ATC; consult for required experience and turnover
- • Warranty/AMC: Not specified in summary; check ATC for support terms
- • Penalty/Performance bond: Details to be specified in RFP ATC
- • Delivery/Installation: Milestone-driven; exact dates to be defined in RFP
- • Noticeable gap: No BOQ items or technical specs present in initial data
Tender Overview
Bank of India invites bids for Hiring of Agency for IT Projects - Milestone basis in Mumbai, Maharashtra. The procurement involves an EMD of ₹6,000,000 and an undefined estimated value due to the absence of BOQ items. The scope references an RFP with ATC terms and a viewable ATC document, aligning with the Department of Financial Services provisions. The tender emphasizes milestone-based IT project execution, with no explicit product list or technical specs provided in the summary data. A unique aspect is the lack of BOQ items and concrete delivery schedules in the available data, requiring bidders to access the RFP and ATC for full scope and compliance.
Technical Specifications & Requirements
- Product category: IT project management services under a milestone-based contract
- BOQ items: 0 items listed; no quantitative scope available
- EMD: ₹6,000,000 (to be submitted as per RFP terms)
- Specifications: Not specified in the summary; must review the RFP document and ATC for exact deliverables
- Standards/Compliance: Refer to RFP and Buyer Added ATC; follow IS/industry IT project governance practices per government procurement norms
- Delivery/Installations: Not defined in available data; contingent on milestone schedule in the RFP
- Eligibility: Varies with RFP ATC; bidders should consult the ATC file for credential requirements
Terms, Conditions & Eligibility
- EMD amount: ₹6,000,000; submission method per RFP ATC
- Documents: GST, PAN, experience proofs, financials, OEM authorizations (as per tender ATC)
- Delivery terms: Milestone-based schedule to be defined in RFP; penalties not specified in summary
- Payment terms: Details in RFP ATC; likely milestone-based payments upon acceptance
- Post-tender: RFP ATC governs all terms; bidders must view the ATC document for exact conditions
Key Specifications
-
IT project management services
-
Milestone-based contract structure
-
EMD: ₹6,000,000
-
RFP ATC governs qualifications, penalties, and delivery
-
No BOQ items listed in data; full specs in RFP
Terms & Conditions
-
Milestone-based IT project hiring as per RFP ATC
-
EMD of ₹6,000,000 required with bid submission
-
Review ATC for eligibility, delivery, and payment terms
Important Clauses
Payment Terms
Payment schedule to be defined in RFP ATC; likely milestone-based
Delivery Schedule
Milestones and deadlines will be specified in the RFP and ATC documents
Penalties/Liquidated Damages
Penalties, LD, or performance bonds to be detailed in ATC; consult RFP
Bidder Eligibility
-
Eligibility as per RFP ATC and Buyer Added ATC
-
Experience in IT project management services
-
Financial capacity and turnover as required by ATC
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
Yes
MII Compliance
Yes
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
5000
Experience Required
5 Year (s)
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Hiring of Agency for IT Projects- Milestone basis
Advisory Bank
State Bank of India
ePBG Percentage
5%
ePBG Duration (Months)
66
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Pre-Bid & Qualification
Pre-Bid Date
05-10-2026 12:00:00
Pre-Bid Venue
The pre-bid meeting will be conducted through Physical and/or Virtual mode. Bidders interested in participating in the pre-bid meeting are requested to submit their details to [email protected] on or before 05.10.2026 by 11.00 AM. Meeting details will be communicated separately to the interested bidders via e-mail. Pre Bid Venue:- Head Office, 10th Floor, Information Technology Department(G&E), PNB BOI Tower, C-29, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai-400051
Delivery Details
Delivery Locations
1
Delivery Cities
Mumbai Suburban
Delivery Pincodes
400051
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Subhasish Biswas | 400051,C-5, G Block BKC, Bandra Kurla Complex, Bandra East, Mumbai | Mumbai Suburban | Maharashtra | 400051 | Project / Lumpsum Based | - | - |
Authority Records
BID & GeM Expert Consultancy
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Documents 7
GeM-Bidding-9948485.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
3 Updates Update
Extended Deadline
03-Nov-2026, 11:30 am
Opening Date
04-Nov-2026, 11:30 am
Update
Update
Extended Deadline
31-Oct-2026, 11:30 am
Opening Date
01-Nov-2026, 11:30 am
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for IT project management services
Financial statements or turnover evidence
EMD submission proof as per RFP ATC
Technical bid documents as specified in ATC
OEM authorizations or agency certifications if required by ATC
Any additional documents listed in the Buyer Added ATC file
Frequently Asked Questions
Key insights about MAHARASHTRA tender market
How to bid for the Bank of India IT projects tender in Mumbai
Bidders must review the RFP and ATC documents for eligibility, submit GST and PAN, provide IT project management experience certificates, and furnish the EMD of ₹6,000,000. Prepare milestone-based delivery plans and match ATC criteria to ensure compliance with Bank of India procurement rules.
What documents are required to participate in this Mumbai IT tender 2026
Required documents include GST registration, PAN card, experience certificates for IT projects, financial statements, EMD proof, technical bid documents, and any OEM authorizations as specified in the ATC. Ensure submission as per RFP timelines and format.
What are the technical specifications for Bank of India IT procurement
The tender summary shows no BOQ items or explicit specifications; exact IT project management deliverables and milestones are defined in the RFP and ATC. Bidders must consult these documents to align capabilities with milestone-based project execution and governance standards.
When is the EMD required for the Bank of India IT services tender
EMD of ₹6,000,000 is mandatory for bid submission and must be provided as specified in the RFP ATC. The payment method (DD/online) and timeline are detailed within the ATC; ensure compliance to avoid bid rejection.
What are the payment terms under the Mumbai IT tender
Payment terms will be defined in the RFP ATC, typically milestone-based with acceptance criteria. Bidders should prepare for staged payments upon milestone completion, with supporting acceptance documentation and conformity to procurement guidelines.
How to verify bidder eligibility for Bank of India IT procurement
Eligibility is determined by ATC-referenced criteria, including IT project management experience, financial capacity, and certifications. Access the ATC file for exact qualifications, required turnover, and any OEM or partner authorizations needed.
What is the scope of work for IT projects under this tender
The scope is undefined in the summary; the RFP specifies milestone-based IT project activities. Bidders must obtain the RFP to understand deliverables, governance requirements, reporting, and compliance standards expected by the Bank of India.
Where can bidders find the official ATC and RFP documents
ATC and RFP documents are accessible through the official procurement portal or link provided by Bank of India. Review the uploaded ATC to confirm mandatory documents, EMD details, milestone schedule, and submission instructions before bidding.