Hiring of Agency for IT Projects- Milestone basis
India Insurance Company Ltd · Chennai, Tamil Nadu · IT & Software Services · open
Key facts
- Tender value: ₹1.0Cr
- EMD: ₹1.0L
- Closing date: 13 Oct 2026
- Status: open
- Ministry: Ministry of Finance
- Department: Department of Financial Services
- Office: North
Description
Tender for hiring an agency to manage IT projects on a milestone basis, including deployment of core team, deliverables as per RFP, and compliance with GST ITC and reverse charge details. The contract duration is 1 year with a bid validity of 180 days, and the estimated bid value is 100 lakh. The process involves a two packet bid evaluation, EMD of 100000, and ePBG of 5% for 15 months. Payment through TReDS is preferred for MSME sellers.
Eligibility & requirements
- Startup relaxation: Yes
- MSE relaxation: Yes
- Documents required: ATC, OEM Authorization Certificate, OEM Annual Turnover, Additional Doc 1, Additional Doc 2, Additional Doc 3, Additional Doc 4
New to these terms? Read how tender eligibility criteria work.
Commercial terms
- Bid type: Two Packet Bid
- Evaluation: value wise evaluation
- Make in India (MII): No
- MSE preference: No
Line items (1)
- IT Project Management Agency
4 tender document(s) available — sign up to download.
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