Hiring of Agency for IT Projects- Milestone basis
Anand Agricultural University
ANAND, GUJARAT
Progress
Quantity
1
Bid Type
Two Packet Bid
Union Bank Of India invites bids for an Agency for IT Projects – Milestone basis in Hyderabad, Telangana. The procurement focuses on delivering IT project management and related services on a milestone-payable model. The tender highlights a flexible scope with a contract quantity/duration adjustment up to 25% at contract issuance and ongoing; bidders must review the attached SOW file for project specifics. No BOQ items are listed, and the estimated contract value is not disclosed in the available data. The opportunity requires bidders to align with bank-specific IT project delivery practices and governance. A milestone-based approach can accommodate phased deliverables and performance reviews, with bidders expected to adapt to evolving requirements within the approved milestones.
IT Project Agency engagement with milestone-based payments
Milestone scheduling and governance framework to be defined in SOW
No numeric specifications available in data; refer to SOW attachment
Milestone-based IT project delivery with 25% scope variation
SOW attachment governs technical scope; BOQ 0 items
Delivery timelines, EMD, and value not disclosed in current data
Milestone-based payments with potential 25% quantity/duration adjustments at contract issue
Defined by SOW; no explicit dates available in provided data
Not specified in accessible data; subject to SOW terms
Experience in delivering IT projects on milestone basis for financial institutions
Financial capability to support phased IT engagements
Ability to comply with banking IT governance and security standards
Anand Agricultural University
ANAND, GUJARAT
N/a
LUCKNOW, UTTAR PRADESH
Office Of Dg (ace)
National Skill Development Corporation
WEST DELHI, DELHI
Up Legislative Council Secretariat, Lucknow
LUCKNOW, UTTAR PRADESH
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar IT project agency engagements
Financial statements or turnover proof
EMD/Security deposit documentation (if required per SOW)
Technical bid documents and methodologies
OEM authorizations or partner agreements (if applicable)
Extended Deadline
12-Jan-2026, 9:00 am
Opening Date
12-Jan-2026, 9:30 am
Key insights about TELANGANA tender market
Bidders must review the SOW attachment, confirm milestone-based delivery capability, and prepare proposals aligned to banking IT governance. The bid requires submission of GST, PAN, experience certificates, financials, and technical documentation. Expect a 25% variation clause to adjust quantity or duration during contract issuance.
Submit GST certificate, PAN card, experience certificates for similar IT projects, financial statements, and EMD documentation if applicable. Include technical bid documents and any OEM authorizations or partner agreements relevant to IT project management services.
The scope is defined by the SOW attachment; no fixed BOQ is provided. The engagement covers phased IT deliverables with milestone payments and governance requirements. Respondents should show capability in multi-phase planning, resource scaling, and risk management suitable for banking IT environments.
Eligibility includes experience in delivering similar IT projects for financial institutions, demonstrated financial stability, and compliance with GST/PAN requirements. Vendors must provide prior project references, security/compliance credentials, and a clear methodology for milestone-based project delivery.
Specific delivery dates are not disclosed in the available data. The schedule is governed by the SOW attachment; bidders should await the contract issuance and milestone plan. Prepare a scalable resource plan and a realistic milestone-driven timeline to align with banking project governance.
Payment terms follow a milestone-based approach as per the SOW, with potential adjustments up to 25% on contract quantity or duration. Exact milestone values and payment milestones will be defined in the SOW and contract documents after bid submission.
Prepare a technical bid with a robust project approach, milestone plan, resource allocation, risk management, and compliance mapping. Include experience evidence, methodologies, and security controls. Submit along with GST, PAN, financials, and EM Disclosures as specified in the tender terms.
Industry-standard expectations include banking IT governance and security practices. Specific standards are not listed in data; bidders should highlight adherence to relevant IS/ISO frameworks, data security measures, and project management best practices in the technical bid as per the SOW.
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Main Document
SCOPE_OF_WORK
PAYMENT
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS