Bank Of Baroda IT Projects Milestone-Based Agency Hiring Tender 2026 India
Bid Publish Date
12-Oct-2026, 6:52 pm
Bid End Date
02-Nov-2026, 7:00 pm
EMD
₹1,00,000
Value
₹1,00,00,000
Location
Progress
Key Highlights
- • Bank Of Baroda procurement for IT projects on milestone basis
- • Estimated contract value ₹10,000,000 with ₹100,000 EMD
- • Quantity/duration flexibility up to 25% during and after issuance
- • No BOQ items listed; scope defined via milestones
- • Bidder must be free from liquidation or bankruptcy; provide undertaking
- • ATC document uploaded by buyer; review for special conditions
- • Eligibility relies on standard IT services capability within banking sector
Tender Overview
The prospective procurement is issued by Bank Of Baroda for the Hiring of Agency for IT Projects- Milestone basis. The estimated contract value is ₹10,000,000 with an EMD of ₹100,000. This tender is framed for engagements on a milestone-basis IT services model, attracting bidders capable of delivering phased project outcomes under Bank of Baroda’s banking sector requirements. The at-a-glance scope emphasizes flexible scope adjustments up to 25% of contract quantity or duration, enabling scope realignments during contract execution. The BOQ shows zero items at present, but the core requirement rests on a technically capable IT services partner to execute milestone-driven deliverables.
Technical Specifications & Requirements
- Category: Milestone-based IT project agency hiring for banking sector
- Estimated contract value: ₹10,000,000
- EMD amount: ₹100,000
- Quantity/BOQ: No items listed in BOQ; scope to be defined via milestones
- Contract flexibility: Buyer may adjust contract quantity/duration up to 25% pre-issue and post-issuance; lumpsum scope adjustments allowed with service provider consent
- Eligibility clause: Bidder must avoid liquidation or bankruptcy; provide an undertaking confirming financial standing
- ATC/Bid terms: ATC document uploaded by buyer; bidders should review for acceptance criteria and any special conditions
- Standards/Compliance: Not specified in tender data; bidders should align with typical IT services governance standards and Bank of Baroda procurement policies
Terms, Conditions & Eligibility
- EMD: ₹100,000 (to be submitted as specified in ATC terms)
- Contract scope: Milestone-based delivery across IT projects in the banking domain; precise milestones to be defined in contract
- Quantity/duration flexibility: Up to 25% adjustment allowed
- Financial health: Bidder must declare no liquidation or bankruptcy; upload undertaking
- ATC/documents: Review buyer-uploaded ATC; submit all required compliance documents per terms
- Bid validity: Not explicitly stated; ensure standard government procurement bid validity thresholds are met
- Compliance: Align with Bank of Baroda procurement guidelines; non-compliance may render bid ineligible
Key Specifications
-
IT project agency hiring on milestone basis by Bank Of Baroda
-
Estimated value ₹10,000,000; EMD ₹100,000
-
Milestone-based deliverables; exact milestones defined in contract
-
No listed BOQ items; scope defined via milestones
-
Bidder must ensure financial health and non-liquidation status
-
ATC terms may include additional compliance requirements
Terms & Conditions
-
EMD of ₹100,000 must be submitted with bid
-
Milestones drive project deliverables and payments
-
Scope adjustments allowed up to 25% with consent
Important Clauses
Payment Terms
Milestone payments contingent on defined deliverables; ensure compliance with ATC and contract milestones
Delivery Schedule
Milestones to be defined in contract; flexibility allowed up to 25% in quantity or duration
Penalties/Liquidated Damages
Not specified in data; bidders should anticipate standard banking IT service penalties and SLAs in final contract
Bidder Eligibility
-
Not under liquidation, court receivership, or bankruptcy
-
Demonstrated IT project delivery capability in banking sector
-
Financial statements showing stability and sustainability
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
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
400
Experience Required
3 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
Bank Of Baroda
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
20-10-2026 15:00:00
Pre-Bid Venue
TBD on BOBCARD website. We shall publish a corrigendum sharing the teams meeting link for conducting the discussion.
Delivery Details
Delivery Locations
1
Delivery Cities
Mumbai Suburban
Delivery Pincodes
400102
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Yadav Rajkumar | 400102,BOBCARD Limited, Corporate office, 15th Floor, DLH Park, S.V. Road, Goregaon West, Mumbai - 400104 | Mumbai Suburban | Maharashtra | 400102 | Project / Lumpsum Based | - | - |
Authority Records
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Documents 8
GeM-Bidding-10023662.pdf
Main Document
Other Documents
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Other Documents
OTHER
Other Documents
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Other Documents
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Other Documents
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GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Required Documents
GST registration certificate
PAN card
Experience certificates in IT project delivery
Financial statements or audited reports
EMD submission proof as per ATC
Technical bid documents showing approach to milestone delivery
OEM authorizations or partner agreements (if applicable)
Undertaking of no liquidation or bankruptcy
Frequently Asked Questions
Key insights about MAHARASHTRA tender market
How to bid for Bank Of Baroda IT milestone tender 2026 in India
Bidders should submit the EMD of ₹100,000 with the bid and review the ATC document uploaded by the buyer. Ensure non-liquidation status, provide financial statements, experience certificates for IT milestones, and align with banking IT project governance. Milestones and 25% scope adjustments are key contract features.
What documents are required for Bank Of Baroda IT tender submission
Submit GST registration, PAN, financial statements, experience certificates for IT projects, EMD proof, technical bid detailing milestone approach, OEM authorizations if applicable, and undertaking of non-liquidation. Ensure ATC-compliant documents to satisfy procurement terms.
What are the milestone-based IT service requirements for this tender
The contract is awarded on milestone achievements rather than a lump sum. Exact milestones will be defined in the contract, with payments tied to successful milestone completion. Eligible bidders must demonstrate prior banking IT project delivery and adhere to 25% scope adjustment rules.
What is the EMD amount for the Bank Of Baroda IT bid
The EMD is ₹100,000 and must be submitted as part of the bid in accordance with ATC terms. Verification of EMD submission is required for bid eligibility, along with non-liquidation undertaking.
What are the eligibility criteria for vendors in this IT tender
Vendors must not be in liquidation or bankruptcy, provide an undertaking confirming financial stability, and demonstrate prior IT project delivery experience in the banking sector. GST, PAN, and financial documents are required for eligibility and bid evaluation.
When will milestone-based payments be processed under this contract
Payments follow milestone completion as per contract. Ensure all milestones are clearly defined in the agreement and tied to deliverables. Maintain compliance with ATC terms and deliverables to avoid payment delays.
What should bidders know about scope adjustments in this tender
The buyer may increase or decrease contract quantity or duration up to 25% both pre- and post-issue. Any scope expansion requires the service provider’s consent; ensure pricing and capacity plans accommodate such adjustments.
Is there any BOQ item detail available for this procurement
No BOQ items are listed in the current data. The procurement relies on milestone-based deliverables defined in the contract. Bidders should prepare a flexible delivery plan and attach milestone-based cost estimates.