GEM

Union Bank of India IT Projects Milestone-Based Agency Tender Hyderabad 2025

Bid Publish Date

11-Dec-2025, 7:20 pm

Bid End Date

12-Jan-2026, 9:00 am

Latest Corrigendum Available

Progress

Issue11-Dec-2025, 7:20 pm
Corrigendum08-Jan-2026
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • Specific: Milestone-based IT project agency procurement
  • Special clause: 25% variation in quantity or duration on contract issuance
  • SOW file attached for scope details (not visible here)
  • No BOQ items; indicates non-fixed scope with phased deliverables
  • Location: Hyderabad, Telangana; Organization: Union Bank Of India
  • No explicit EMD, value, or deadlines disclosed in available data
  • Governance and compliance expectations inferred from banking IT projects

Tender Overview

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.

Technical Specifications & Requirements

  • No explicit technical specifications are provided in the accessible data; however, the procurement category indicates Agency for IT Projects – Milestone basis. Interested bidders should study the attached SOW file for scope, deliverables, and governance requirements.
  • The absence of BOQ items suggests the engagement may cover multiple IT project activities under a unified milestone framework. Respondents should prepare for project management, reporting, risk management, and stakeholder coordination aligned with banking IT standards where applicable.
  • Key implied expectations include adherence to milestone-based payment and scalable resource planning, with governance and compliance aligned to Union Bank of India practices. Ensure readiness to demonstrate capability to manage phased IT deliverables, even in the absence of explicit numeric specs.

Terms, Conditions & Eligibility

  • The contract includes an OPTION CLAUSE allowing a 25% increase or decrease in contract quantity or duration at the time of contract issue, with binding acceptance of revised terms.
  • The available data does not disclose EMD, estimated value, or precise delivery timelines; bidders must rely on the SOW attachment and subsequent notification for these details.
  • The BOQ lists 0 items, signaling a broad, milestone-driven engagement rather than a fixed-item procurement; bidders should be prepared for multi-phase deliverables and governance reviews.

Key Specifications

  • 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

Terms & Conditions

  • 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

Important Clauses

Payment Terms

Milestone-based payments with potential 25% quantity/duration adjustments at contract issue

Delivery Schedule

Defined by SOW; no explicit dates available in provided data

Penalties/Liquidated Damages

Not specified in accessible data; subject to SOW terms

Bidder Eligibility

  • 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

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar IT project agency engagements

4

Financial statements or turnover proof

5

EMD/Security deposit documentation (if required per SOW)

6

Technical bid documents and methodologies

7

OEM authorizations or partner agreements (if applicable)

Corrigendum Updates

1 Update
#1

Update

08-Jan-2026

Extended Deadline

12-Jan-2026, 9:00 am

Opening Date

12-Jan-2026, 9:30 am

Frequently Asked Questions

Key insights about TELANGANA tender market

How to bid for Union Bank of India IT projects tender in Hyderabad 2025?

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.

What documents are required for UBI IT agency tender submission Hyderabad?

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.

What is the scope of the IT projects milestone-based procurement in Telangana?

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.

What are the eligibility criteria for Union Bank IT procurement in Hyderabad?

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.

When is the delivery schedule for the UBI Hyderabad IT project bid?

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.

What are the payment terms for the UBI milestone IT contract in Hyderabad?

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.

How to submit the technical bid for Union Bank IT projects tender in Telangana?

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.

What standards or certifications are expected for UBI IT services in this tender?

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.