Bid Publish Date
07-Oct-2026, 7:01 pm
Bid End Date
28-Oct-2026, 4:00 pm
Location
Progress
Product/Service: IT project agency services on milestone basis
BOQ: 0 items published
Estimated value: Not disclosed
EMD: Not disclosed
SOW: File attachment referenced for milestones
Delivery model: Milestone-driven with potential scope adjustments up to 25%
Milestone-based IT project engagement with the option to adjust scope by 25%
SOW attachment governs deliverables and milestones; review before submission
No BOQ items or estimated value disclosed in the available data
Not specified in the available data; bidders must refer to the full bid terms for milestone-based payment schedules
Milestones are defined in the SOW file; delivery expectations will be aligned to milestone completions
Not specified here; refer to the final terms for any LD provisions or performance bonds
Experience in delivering IT projects for financial institutions or large enterprises
Compliance with typical IT governance and security requirements
Financial stability demonstrated by latest financial statements
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
2 Days
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
Startup Exemption/Relaxation
No
Bid Splitting Applied
Yes
Arbitration Clause
Yes (Arbitration clause document) as per DoE OM No.F.1/2/2024-PPD dated 03.06.2024 Arbitration should not be routinely included in contracts
Mediation Clause
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Hiring of Agency for IT Projects- Milestone basis
Advisory Bank
State Bank of India
ePBG Percentage
5%
ePBG Duration (Months)
61
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Locations
1
Delivery Cities
Mumbai Suburban
Delivery Pincodes
400072
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Kislay Sinha | 400072,Union Bank of India, Department of Information Technology, 1/1A Adi Shankaracharya Marg, Opp. to Powai Lake, Powai, Andheri East, Mumbai 400072 | Mumbai Suburban | Maharashtra | 400072 | Project / Lumpsum Based | - | - |
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Main Document
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GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for IT project delivery
Financial statements (as applicable)
EMD/Security deposit documentation (as applicable)
Technical bid documents and compliance certificates
OEM authorizations or partner agreements (if applicable)
Key insights about MAHARASHTRA tender market
Bidders should review the SOW attachment in the tender documents, ensure eligibility for IT project delivery, submit GST, PAN, experience certificates, and financials, and confirm commitment to milestone-based performance. The 25% scope adjustment clause may affect pricing and timelines; prepare contingency plans accordingly.
Submit GST registration, PAN card, IT project experience certificates, financial statements, EMD (if specified in final terms), technical bid documents, and any OEM authorizations. Ensure compliance with SOW requirements and bank IT security standards once the attachment is reviewed.
Eligible bidders should demonstrate prior IT project delivery experience, financial stability via recent statements, and ability to operate on milestone-based engagements. Review the full terms for any sector-specific requirements and security clearances tied to financial institution engagements.
The model is milestone-based, with defined deliverables per milestone as per the SOW. The buyer may adjust scope by up to 25% at contract issue and post-issuance, affecting timelines and pricing; bidders should map milestones to capability and resource plans.
Specific standards are not listed in the available data; bidders should anticipate typical financial-sector IT requirements and await the SOW for any security or governance certifications. Prepare ISMS/ISO readiness and risk management documentation as a prudent prerequisite.
The exact submission deadline is not provided in the data; bidders must consult the official tender release and the SOW attachment for the final dates and bid submission process, including any online submission portal details.
The buyer may increase or decrease contract quantity or duration by up to 25% at the time of contract issuance and subsequently, with bidders bound to accept revisions. This clause also applies to lump-sum engagements with scope expansion upon provider consent.
Eligibility is confirmed via: GST and PAN, IT project experience certificates, financial statements, and technical compliance documents. OEM authorizations or partner agreements may also be required, depending on the final SOW terms and the bank’s procurement policy.