₹1.38 crore security contract awarded on nomination basis to M/s Intellect Design Arena Limited
The Bank contracted M/s Intellect Design Arena Limited to implement a new security shell (ARX) for the Ekuber Treasury application.
The tender was issued on a Nomination Basis. The document states that awarding the work to any vendor other than M/s IDAL, who developed the application, may have exposed the Bank to operational risk. No other eligibility criteria are stated in the document.
- Contract Value: ₹1,38,00,000/-
- Mode of tender enquiry: Nomination Basis
- Contract Number: CO.DEIO.ITD.No.S316/18-08-084/2025-2026
- Contract Date: Sep 23, 2025
- Actual date of start of work: Sep 23, 2025
- Actual date of completion of work: Dec 29, 2025
Written from the document by AI, and checked against it. The original below is authoritative.
Who won this contract — M/s Intellect Design Arena Limited, ₹1,38,00,000/-
· lowest bidder: no
(extracted from the award document; verify against the original)
The original document
Award
2026-07-17
Document details
| Official title | Implementation of a new security shell (ARX) for Ekuber Treasury application |
| Source body | Reserve Bank of India (RBI) |
| Reference number | NA |
| Status | closed (award) |
| Year | 2026 |
| Closing date | NA |
| Documents | 1 |