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Union Bank of India IT Projects Milestone Hiring Tender Mumbai Maharashtra 2026

Bid Publish Date

07-Oct-2026, 7:01 pm

Bid End Date

28-Oct-2026, 4:00 pm

Progress

Issue07-Oct-2026, 7:01 pm
AwardPending

Tender Overview

  • Organization: Union Bank of India; procurement for IT projects on a milestone basis in Mumbai, Maharashtra. Scope focuses on agency services for multiple IT project milestones, with no BOQ items published. The tender includes a flexible scope clause allowing a 25% increase/decrease in quantity or duration at contract issuance and prior to issue. An SOW file is attached for bidder review, with the possibility of scope evolution post-award. Notably, no specific estimated value or EMD amount is disclosed in the available data. This procurement appears designed to enable phased IT deliverables under a single contract framework.

Technical Specifications & Requirements

  • Engagement model: Milestone-based IT projects (agency services).
  • BOQ items: 0 items listed; no itemized quantities.
  • SOW reference: SOW file attachment indicates there are defined milestones and deliverables to be reviewed by bidders.
  • Delivery context: Likely requires phased delivery across milestones, with performance against defined objectives.
  • Standards/Compliance: Not specified in the data; bidders should expect to align with standard IT project governance norms and any internal bank IT security requirements once the SOW is opened.
  • Experience expectation: Not specified; the category implies vendor capability for IT project management and delivery, possibly with milestone tracking and reporting.

Terms, Conditions & Eligibility

  • Quantity/Duration flexibility: Up to 25% increase or decrease at contract issue and after issuance.
  • Scope adjustment: For lumpsum contracts, the buyer may increase the scope/value by 25% with provider consent.
  • EMD/Financials: Not specified in the available data; bidders should verify required deposits or guarantees in the full terms.
  • Documentation: The tender references an SOW attachment; bidders must review and align with any additional documents in the terms.
  • Delivery/Payment terms: Specific timing and payment milestones are not disclosed here; bidders should expect standard procurement terms in the full bid document.

Key Specifications

  • 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%

Terms & Conditions

  • 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

Important Clauses

Payment Terms

Not specified in the available data; bidders must refer to the full bid terms for milestone-based payment schedules

Delivery Schedule

Milestones are defined in the SOW file; delivery expectations will be aligned to milestone completions

Penalties/Liquidated Damages

Not specified here; refer to the final terms for any LD provisions or performance bonds

Bidder Eligibility

  • 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

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Tender Data

Bid Details

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

Preference & Exemptions

EMD Required

No

MII Compliance

Yes

MSE Purchase Preference

Yes

MSE Preference Band

L1+15%

Startup Exemption/Relaxation

No

Bid Splitting Applied

Yes

Requirements

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

Additional Tender Data

Commercial Details

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 Details

Delivery Locations

1

Delivery Cities

Mumbai Suburban

Delivery Pincodes

400072

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
Kislay Sinha400072,Union Bank of India, Department of Information Technology, 1/1A Adi Shankaracharya Marg, Opp. to Powai Lake, Powai, Andheri East, Mumbai 400072Mumbai SuburbanMaharashtra400072Project / Lumpsum Based--

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

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Documents 7

GeM-Bidding-10000542.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Authority & Contact

Office Name

Central Office Dept Of Information Technology

Grievance Contact

[email protected]

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for IT project delivery

4

Financial statements (as applicable)

5

EMD/Security deposit documentation (as applicable)

6

Technical bid documents and compliance certificates

7

OEM authorizations or partner agreements (if applicable)

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

How to participate in Union Bank of India IT milestone tender in Mumbai?

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.

What documents are required for Union Bank IT milestone bid in Mumbai 2026?

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.

What are the key eligibility criteria for UBI IT projects tender?

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.

What is the delivery model for Union Bank IT milestones contract?

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.

What standards or certifications are required for the Mumbai IT tender?

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.

When is the submission deadline for Union Bank IT milestone bid in Mumbai?

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.

What is the impact of the 25% quantity/duration option in the tender?

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.

What documents confirm eligibility for IT projects tender in Mumbai 2026?

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.

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