Open tender · India · Hiring of Agency for It Projects Milestone Basis
Hiring of Agency for IT Projects- Milestone basis
Ministry of Finance in India is inviting bids for “Hiring of Agency for IT Projects- Milestone basis”. Bids close on 16 October 2026, 17:00 IST. Reference: GEM/2026/B/7531541. Who can bid: Minimum average annual turnover of INR 50000 lakh over the last three years; At least 5 years of past experience in providing similar services to Central/State Govt/PSU. askTender lists every requirement to qualify and checks whether your company meets them.
The tender in brief
Five-year IT project agency contract for Bank of India, for firms with 5 years of similar work and INR 50000 lakh turnover
Bank of India, under the Ministry of Finance, is hiring an agency for IT projects on a milestone basis. The contract runs for 5 years, with work delivered as per the request for proposal and a core team deployed in a hybrid model. Bids are evaluated on quality and cost, with technical weightage of 70 and financial weightage of 30.
Who can win it
- Minimum average annual turnover of INR 50000 lakh over the last three years
- At least 5 years of past experience in providing similar services to Central/State Govt/PSU
- Bidders from countries sharing a land border with India must be registered with the Competent Authority
Key facts
- Contract period
- 5 years
- How bids are judged
- Quality and Cost Based Selection (QCBS) with technical weightage 70 and financial weightage 30; minimum technical score 70
- Published
- 18 May 2026
- Reference
- GEM/2026/B/7531541
Before you bid, askTender
Everything else is in your askTender account
The requirements to qualify, the eligibility check and the bid documents for this tender are in your askTender account.
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- The documents to file: a checklist, with draft declarations ready to sign
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- The tender documents, ready to open
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Public data: Government e-Marketplace, Government of India. · Sources & licences