Tender Details

About Tender

💳 Procurement Opportunity: Payment Gateway Services 💳 The Department Of Financial Services, Under The Ministry Of Finance, Is Seeking Proposals For A Payment Gateway Service Provider To Be Compensated Through A Percentage Commission Model As Per The Rfp. 🗓️ Proposal Submission Deadline: April 12, 2024, 1:00 Pm Interested Entities Are Invited To Submit Their Proposals, Detailing Their Service Offerings, Commission Rates, And Technical Capabilities, In Accordance With The Rfp Guidelines. Keywords: Payment Gateway, Commission, Rfp, Financial Services, Ministry Of Finance, Procurement, Service Provider
Particulars Details
Title
Payment Gateway Percentage Commission As Per Rfp
Description
Organisation Department of Financial Services | Ministry of Finance
Tender Id GEM/2024/B/4811237
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

https://bidplus.gem.gov.in/all-bids

Start Date March 22, 2024 16:58
End Date
Expired 12/04/2024

Expired 917 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

INDIAIDEAS COM LIMITED

Contract Value

3900000

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: 10000 Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Siddharth Prasanna
Ministry: Ministry Of Finance
Department: Department Of Financial Services
Organisation: United India Insurance Company Ltd

Technical Evaluation Results

S.No. Seller Name Participated On EMD Status Status
1 COMPUTER AGE MANAGEMENT SERVICES LIMITED 18-04-2024 10:38:43 Turnover >= 500 Cr. Disqualified
2 INDIAIDEAS COM LIMITED 18-04-2024 10:59:32 Turnover >= 500 Cr. Qualified
3 PAYTM PAYMENTS SERVICES LIMITED 17-04-2024 19:12:13 Turnover >= 500 Cr. Disqualified
4 PINE LABS PRIVATE LIMITED. 17-04-2024 22:45:37 Offline upload Disqualified
5 RAZORPAY SOFTWARE PRIVATE LIMITED 18-04-2024 10:56:43 Turnover >= 500 Cr. Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 INDIAIDEAS COM LIMITED Item Categories : Payment Gateway - Percentage Commission - As per RFP 3305084.75 L1
2 RAZORPAY SOFTWARE PRIVATE LIMITED Item Categories : Payment Gateway - Percentage Commission - As per RFP 3474576.27 L2

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Payment Gateway - Percentage Commission - As per RFP Payment Gateway - Percentage Commission 1000000000 ₹ 3900000.000
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