TenderDekho Logo
GEM

Bids are Invited For Custom Bid for Services - Selection of Service providers for End to End Implementation of Reconcili in MUMBAI, MAHARASHTRA

Bid Publish Date

20-Feb-2025, 1:02 pm

Bid End Date

14-May-2025, 3:00 pm

EMD

₹25,00,000

Latest Corrigendum Available

Progress

RA
Issue20-Feb-2025, 1:02 pm
Reverse AuctionCompleted
Award08-Sep-2025, 12:13 am
Explore all 5 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Categories 4

N/a has released a public tender for Custom Bid for Services - Selection of Service providers for End to End Implementation of Reconciliation Solution for all types of Digital Transactions on opex Model in MUMBAI, MAHARASHTRA. Quantity: 1. Submission Deadline: 14-05-2025 15: 00: 00. Download documents and apply online.

Documents 10

GeM-Bidding-7552071.pdf

Main Document

BOQ Document

BOQ

Scope Of Work Document

SCOPE_OF_WORK

Payment Terms & Condition

PAYMENT

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Past Similar Tenders (Historical Results)

5 found

Custom Bid for Services - End to End Reconciliation Dispute Management of Transactions of various

Bank Of Maharashtra

Posted: 16 August 2024
Closed: 10 December 2024
GEM

Custom Bid for Services - RFP for Supply, Installation and Maintenance of Bulk Email Solution on OP

Punjab National Bank

CENTRAL DELHI, DELHI

Posted: 1 October 2025
Closed: 26 November 2025
GEM

Custom Bid for Services - Supply, Implementation And Maintenance Of Central Bank Digital Currency

Indian Overseas Bank

CHENNAI, TAMIL NADU

Posted: 20 May 2025
Closed: 11 August 2025
GEM

Custom Bid for Services - SELECTION OF VENDOR FOR END TO END IMPLEMENTATION OF CENTRAL BANK DIGIT

Punjab And Sind Bank

NEW DELHI, DELHI

Posted: 25 April 2025
Closed: 13 June 2025
GEM

Custom Bid for Services - Supply implementation customization and maintenance of Digital Payment So

Bank Of Maharashtra

PUNE, MAHARASHTRA

Posted: 1 January 2025
Closed: 20 March 2025
GEM

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

OEM Authorization Certificate

5

OEM Annual Turnover

6

Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

7

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Corrigendum Updates

4 Updates
#1

Update

03-May-2025
#2

Update

24-Apr-2025

Extended Deadline

14-May-2025, 3:00 pm

Opening Date

14-May-2025, 3:30 pm

#3

Update

29-Mar-2025
#4

Update

24-Mar-2025

Extended Deadline

23-Apr-2025, 3:00 pm

Opening Date

23-Apr-2025, 3:30 pm

Reverse Auction Schedule

Completed

Start

05-Jul-2025, 6:00 pm

End

15-Jul-2025, 12:12 pm

Duration: 235 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Date Status
1ADVANTAGE CONSULTING HUB PRIVATE LIMITED   Under PMA14-03-2025 17:41:14Disqualified
2APMOSYS TECHNOLOGIES PRIVATE LIMITED   Under PMA14-05-2025 14:24:40Disqualified
3FINANCIAL SOFTWARE AND SYSTEMS PRIVATE LIMITED   Under PMA14-05-2025 13:49:14Qualified
4IDBI INTECH LIMITED   Under PMA14-05-2025 14:57:59Qualified
5IN-SOLUTIONS GLOBAL LIMITED   Under PMA22-04-2025 18:06:40Qualified
6PENTAGON SYSTEM AND SERVICES PRIVATE LIMITED   Under PMA13-05-2025 10:40:12Disqualified

Reverse Auction Results Final Prices

These are the final prices after the reverse auction event. Prices may be lower than initial bids.

Rank Seller Final Price Item
L1IN-SOLUTIONS GLOBAL LIMITED   Under PMA Winner ₹42,46,74,900Item Categories : Custom Bid for Services - Selection of Service providers for End to End Implementation of Reconcili
L2FINANCIAL SOFTWARE AND SYSTEMS PRIVATE LIMITED   Under PMA₹42,51,00,000Item Categories : Custom Bid for Services - Selection of Service providers for End to End Implementation of Reconcili
L3IDBI INTECH LIMITED   Under PMA₹49,71,00,000Item Categories : Custom Bid for Services - Selection of Service providers for End to End Implementation of Reconcili

🎉 L1 Winner

IN-SOLUTIONS GLOBAL LIMITED   Under PMA

Final Price: ₹42,46,74,900

Contract / Result Documents 1

Please sign in or create an account to view contract details and download result documents.

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

What are the eligibility requirements for GEM/2025/B/5976142?

The eligibility requirements include being a registered entity capable of delivering comprehensive digital transaction solutions. Bidders must demonstrate prior experience in similar projects, possess valid certifications, and prove financial stability to manage high-value contracts.

What technical specifications are required for the reconciliation solution?

The reconciliation solution must meet stringent technical specifications, including compatibility with existing systems, scalability to accommodate future growth, and robust security features for data protection. Compliance with local and international quality standards is also mandatory.

What is the process to register for the tender submission?

To register for the tender, potential bidders must create an account on the official tender portal and complete the required registration process. This involves submitting necessary company details, including relevant documents that meet eligibility criteria and specifications outlined in the tender document.

What are the expected payment terms and conditions?

Bidders are required to propose payment terms that align with project milestones, which will be evaluated during the tender assessment. Typically, terms may include an initial advance payment, followed by installment payments contingent on achieving specific deliverables or outcomes.

What benefits do MSEs have in this tender process?

The tender has provisions favoring Micro, Small, and Medium Enterprises (MSEs), allowing them to participate actively in government projects. Benefits may include preferred evaluation criteria, opportunities for capacity building, and support in project execution, promoting inclusivity and local entrepreneurship initiatives.

Similar Tenders

5 found

Custom Bid for Services - ----

Indian Navy

⏰ Deadline: 2 weeks left
🛒 Type: Service
View GEM
Urgent

Custom Bid for Services - ----

Indian Army

📍 AMRITSAR, PUNJAB

Est: ₹80,000
⏰ Deadline: 5 days left
🛒 Type: Service
View GEM

Custom Bid for Services - ----

Hcsl

📍 HOWRAH, WEST BENGAL

Est: ₹85.0 L
⏰ Deadline: 2 weeks left
🛒 Type: Service
View GEM

Custom Bid for Services - Re- Tender for Operation & Maintenance of ICFRE Pension Portal

Indian Council Of Forestry Research And Education (icfre)

📍 DEHRADUN, UTTARAKHAND

EMD: ₹20,000
⏰ Deadline: 3 weeks left
🛒 Type: Service
View GEM

Iisco Steel Plant SAIL maintenance of UPV LIMS TLMS L2PMS DigiSMS systems tender 2026

Iisco Steel Plant

📍 BARDHAMAN, WEST BENGAL

⏰ Deadline: 2 weeks left
🛒 Type: Service
View GEM