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, 15:00 IST. Reference: GEM/2026/B/8068033. Who can bid: Minimum average annual turnover of INR 800 lakh over the last three years; At least 5 years of past experience providing similar services to a Central or State Government organisation or a public sector undertaking. askTender lists every requirement to qualify and checks whether your company meets them.
The tender in brief
IS audit of a bank's IT systems and applications in Mumbai, for firms with 5 years of similar work and INR 800 lakh turnover
Central Bank of India, under the Department of Financial Services, Ministry of Finance, is hiring an agency for information systems audit of the bank's IT systems and applications on a milestone basis. The work is a one-year contract, delivered by a core team working in a hybrid model, with deliverables and timelines set out in the request for proposals. The contract is quality and cost based, with technical evaluation and a presentation.
Who can win it
- Minimum average annual turnover of INR 800 lakh over the last three years
- At least 5 years of past experience providing similar services to a Central or State Government organisation or a public sector undertaking
- Bidders from countries sharing a land border with India must be registered with the Competent Authority
Key facts
- Contract period
- 1 year
- How bids are judged
- Quality and cost based selection: technical evaluation and presentation with a qualifying score of 60 out of 100, then 70:30 technical-to-financial weighting
- Published
- 22 Sep 2026
- Reference
- GEM/2026/B/8068033
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
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- The tender documents, ready to open
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Public data: Government e-Marketplace, Government of India. · Sources & licences