GEM

Punjab National Bank IT Projects Milestone-Based Agency Hiring Central Delhi Delhi 2025

Bid Publish Date

22-Oct-2025, 5:12 pm

Bid End Date

22-Dec-2025, 4:00 pm

EMD

₹34,52,000

Latest Corrigendum Available

Progress

Issue22-Oct-2025, 5:12 pm
Corrigendum11-Dec-2025
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • Mandatory EMD amount of ₹3,452,000 to participate
  • Milestone-based IT project agency hiring for Punjab National Bank
  • Location constraint: Central Delhi, Delhi 110002
  • ATC documents uploaded by buyer define governing terms
  • No BOQ items published; rely on ATC for scope and milestones
  • Bank procurement compliance and IT governance standards expected

Tender Overview

Punjab National Bank seeks an agency for milestone-based IT project delivery in Central Delhi (110002). The opportunity references IT project management services with an estimated EMD of ₹3,452,000. Tender scope details, including BOQ items and payment milestones, are not listed, but ATC terms are uploaded by the buyer. Strategic focus centers on agile IT project delivery under a milestone framework within the banking sector, leveraging the bank’s IT modernization goals in Delhi.

Technical Specifications & Requirements

  • No explicit technical specifications are published in the BOQ.
  • EMD amount: ₹3,452,000; payment milestones and acceptance criteria will be defined in ATC.
  • Category: Hiring of Agency for IT Projects on a milestone basis; bank-level compliance and procurement rules apply.
  • Organization: Punjab National Bank; location: Central Delhi, Delhi 110002; sector: Banking IT project execution.
  • While product-category details are absent, bidders should prepare for IT project governance, milestones, and deliverable tracking per standard PNB procurement procedures.
  • Additional ATC documents may specify eligibility, governance, and reporting requirements post-award.

Terms, Conditions & Eligibility

  • EMD: ₹3,452,000 (as per tender data).
  • Organization scope: IT project management services on milestone basis for banking operations.
  • Location constraints: Central Delhi, Delhi 110002.
  • No explicit BOQ items or start/end dates provided; bidders must rely on buyer ATC terms.
  • Eligible bidders should anticipate standard bank procurement clauses, compliance with IT project governance, and milestone-based payment mechanics.
  • Submission documents and detailed eligibility criteria are expected in the ATC and accompanying tender documents.

Key Specifications

  • IT project management agency on milestone basis

  • EMD: ₹3,452,000

  • Location: Central Delhi, Delhi 110002

  • ATC terms to define milestones, deliverables, and payment terms

  • Banking sector IT governance and compliance implied

Terms & Conditions

  • EMD of ₹3,452,000 required for bid submission

  • Milestone-based IT project delivery framework

  • ATC documents set scope, milestones, and payment terms

Important Clauses

Payment Terms

Milestone-based payments will be defined in ATC; ensure alignment with deliverables and acceptance.

Delivery Schedule

Delivery milestones to be specified in ATC; bidders must plan for governance and reporting cadence.

Penalties/Liquidated Damages

LDs, if any, to be specified in ATC per milestone non-performance terms.

Bidder Eligibility

  • Experience in IT project management for banking or financial sector

  • Financials demonstrating stability and capacity to deploy resources

  • Compliance with bank procurement and IT governance standards

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Historical Data

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for IT project management

4

Financial statements demonstrating stability

5

Evidence of EMD payment (payment receipt or DD)

6

Technical bid documents and compliance certificates

7

OEM authorizations or partner agreements (if applicable to IT vendors)

8

Any ATC-specified documents uploaded by the buyer

Corrigendum Updates

4 Updates
#1

Update

11-Dec-2025

Extended Deadline

22-Dec-2025, 4:00 pm

Opening Date

22-Dec-2025, 4:30 pm

#2

Update

04-Dec-2025

Extended Deadline

11-Dec-2025, 4:00 pm

Opening Date

11-Dec-2025, 4:30 pm

#3

Update

24-Nov-2025

Extended Deadline

04-Dec-2025, 4:00 pm

Opening Date

04-Dec-2025, 4:30 pm

#4

Update

12-Nov-2025

Extended Deadline

24-Nov-2025, 4:00 pm

Opening Date

24-Nov-2025, 4:30 pm

Frequently Asked Questions

Key insights about DELHI tender market

How to bid for IT projects milestone tender in Central Delhi?

Bidders must meet eligibility criteria, submit GST and PAN, provide IT project experience, and furnish EMD of ₹3,452,000. Prepare technical bids per ATC terms, align with milestone-based payment rules, and ensure bank procurement compliance for Punjab National Bank in Delhi.

What documents are required for PNB IT procurement bid 2025?

Required documents include GST certificate, PAN, experience certificates for IT projects, financial statements, EMD receipt, technical compliance documents, OEM authorizations if applicable, and ATC-specific submissions. Ensure submission as per bank procurement rules governing Central Delhi tenders.

What are the delivery milestones for Punjab National Bank IT projects?

Milestones will be defined in the ATC accompanying the tender. Vendors should anticipate governance reporting, periodic reviews, and milestone-based payments. Prepare a project plan showing deliverables, timelines, resource allocation, and risk mitigation aligned with banking IT standards.

What is the EMD amount for the PNB IT tender in Delhi?

The EMD amount is ₹3,452,000. Payable as specified in the ATC, via online transfer or bank guarantee. Ensure EMD submission accompanies the technical bid and aligns with bid validity period and redemption terms post-award if applicable.

What standards or eligibility criteria apply to bank IT projects?

Expect compliance with banking IT governance, vendor due diligence, and general IT project management standards. ATC may require certifications and prior experience in financial services, with emphasis on milestone tracking, risk management, and data security practices.

How to access the ATC terms for this tender in Delhi?

Access the ATC document uploaded by the buyer to view milestone definitions, payment terms, deliverables, and acceptance criteria. Prepare bids to align with those specifics and ensure all bank procurement terms are satisfied before submission.

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