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, 21:00 IST. Reference: GEM/2026/B/8084868. Who can bid: Minimum average annual turnover of 300 lakh over the last three years; MSEs and DPIIT-registered startups get partial turnover relaxation to 100 lakh. askTender lists every requirement to qualify and checks whether your company meets them.
The tender in brief
IT project agency on a milestone basis for Indian Bank, for firms with three-year average turnover of 300 lakh
Indian Bank, under the Ministry of Finance, is hiring an agency to deliver IT projects on a milestone basis. The work covers system study and design, user acceptance testing and go-live, and operation and maintenance, with a core team deployed in a hybrid model. The contract runs for 3 years and 1 day.
Who can win it
- Minimum average annual turnover of 300 lakh over the last three years
- MSEs and DPIIT-registered startups get partial turnover relaxation to 100 lakh
- Bidders from countries sharing a land border with India must be registered with the Competent Authority
Key facts
- Contract period
- 3 years and 1 day
- How bids are judged
- Total value wise evaluation, with reverse auction among technically qualified bidders except the highest quoting bidder
- Published
- 25 Sep 2026
- Reference
- GEM/2026/B/8084868
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.
- What it takes to qualify: every requirement, in the tender’s own words
- Whether your company qualifies: your profile checked against each requirement, showing what you have, what’s missing and how to close the gap
- The documents to file: a checklist, with draft declarations ready to sign
- A bid partner for any requirement you can’t meet alone
- The tender documents, ready to open
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Public data: Government e-Marketplace, Government of India. · Sources & licences