Hiring of Agency for IT Projects- Milestone basis
National Bank For Agriculture And Ruraldevelopment
MUMBAI, MAHARASHTRA
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Bid Publish Date
22-Oct-2025, 5:12 pm
Bid End Date
22-Dec-2025, 4:00 pm
EMD
₹34,52,000
Location
Progress
Quantity
1
Bid Type
Two Packet Bid
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.
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
EMD of ₹3,452,000 required for bid submission
Milestone-based IT project delivery framework
ATC documents set scope, milestones, and payment terms
Milestone-based payments will be defined in ATC; ensure alignment with deliverables and acceptance.
Delivery milestones to be specified in ATC; bidders must plan for governance and reporting cadence.
LDs, if any, to be specified in ATC per milestone non-performance terms.
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
National Bank For Agriculture And Ruraldevelopment
MUMBAI, MAHARASHTRA
Office Of Dg (ace)
CHENNAI, TAMIL NADU
Bank Of Baroda
MUMBAI, MAHARASHTRA
High Court Of Uttarakhand At Nainital
CHAMPAWAT, UTTARAKHAND
Uttar Pradesh Skill Development Mission
DEORIA, UTTAR PRADESH
Tender Results
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for IT project management
Financial statements demonstrating stability
Evidence of EMD payment (payment receipt or DD)
Technical bid documents and compliance certificates
OEM authorizations or partner agreements (if applicable to IT vendors)
Any ATC-specified documents uploaded by the buyer
Extended Deadline
22-Dec-2025, 4:00 pm
Opening Date
22-Dec-2025, 4:30 pm
Extended Deadline
11-Dec-2025, 4:00 pm
Opening Date
11-Dec-2025, 4:30 pm
Extended Deadline
04-Dec-2025, 4:00 pm
Opening Date
04-Dec-2025, 4:30 pm
Extended Deadline
24-Nov-2025, 4:00 pm
Opening Date
24-Nov-2025, 4:30 pm
Key insights about DELHI tender market
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.
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.
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.
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.
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.
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.
New India Assurance Company Limited (niacl)
📍 MUMBAI, MAHARASHTRA
Gujarat State Road Transport Corporation
📍 AHMEDABAD, GUJARAT
Punjab And Sind Bank
📍 GURGAON, HARYANA
Shreetron India Limited
📍 GHAZIABAD, UTTAR PRADESH
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Main Document
OTHER
SCOPE_OF_WORK
PAYMENT
TECHNICAL
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS