| Tender number | RBI/DoR-Central Office Departments/Others/1/23-24/ET/347 |
| Date of publication of NIT | Jan 03, 2024 |
| Nature of work | Implementation and Maintenance of Regulatory Application Management System, Mumbai |
| Mode of tender enquiry | E-Tender (MSTC) |
| Type of bidding (single/two bid system) | Two Bid system (Technical & Commercial separately) |
| Last date of receipt of tender | Mar 28, 2024 |
| Number of tenders received | 03 (Three) |
| Nos. and names of parties qualified after technical evaluation | 2 (Two)
1. IBM India Private Limited
2. Newgen Software Technologies Limited |
| Nos. and names of parties not qualified after technical evaluation | 1 (One)
1. Tata Consultancy Services Limited |
| Commercial Bid Ranking, if any | 1. Newgen Software Technologies Limited
2. IBM India Private Limited |
| Final Ranking, if any | 1. Newgen Software Technologies Limited
2. IBM India Private Limited |
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes |
| Contract number and date | CO.DOR.RAUG.No.S5163/23-27-011/2024-2025 Nov 28, 2024 |
| Name of contractor | Newgen Software Technologies Limited |
| Value of contract | ₹32,44,67,835/- (Rupees Thirty Two Crore Forty Four Lakh Sixty Seven thousand Eight Hundred and Thirty Five only) inclusive of taxes |
| Scheduled date of completion of supplies | - |
| Actual date of start of work | - |
| Actual date of completion of work | - |
| Reasons for delay, if any | - |