Open tender · India · Hiring of Agency for It Projects Milestone Basis

Hiring of Agency for IT Projects- Milestone basis

Ministry of Finance

Ministry of Finance in India is inviting bids for “Hiring of Agency for IT Projects- Milestone basis”. Bids close on 14 October 2026, 16:00 IST. Reference: GEM/2026/B/8073651. Who can bid: Minimum average annual turnover of 45 lakh Indian rupees over the last three years; At least 5 years of past experience in similar services. askTender lists every requirement to qualify and checks whether your company meets them.

The tender in brief

IT projects agency on milestone basis for a financial institution, for firms with 5 years of similar work and 150 IT staff

The Department of Financial Services, under the Ministry of Finance, is hiring an agency for IT projects on a milestone basis. The work covers network connectivity, infrastructure, and operation and maintenance, with an onsite core team and helpdesk operationalization. The contract runs for one year, with an estimated value of 15000000 Indian rupees.

Who can win it

  • Minimum average annual turnover of 45 lakh Indian rupees over the last three years
  • At least 5 years of past experience in similar services
  • At least 150 IT professionals on payroll, with documentary evidence

Key facts

Contract period
1 year
How bids are judged
Quality and Cost Based Selection with technical qualification cutoff of 70 marks and technical:financial weightage of 70:30
Published
23 Sep 2026
Reference
GEM/2026/B/8073651

Before you bid, askTender

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  • The documents to file: a checklist, with draft declarations ready to sign
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Public data: Government e-Marketplace, Government of India. · Sources & licences