Financial Markets Regulation Department (FMRD) has availed the services of the escrow agent for depositing the source code of the IMSS application. Due to exceptional circumstances, no reasonable substitutes or alternatives were available for these services.
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What is this tender for?
The Financial Markets Regulation Department (FMRD) is contracting an escrow agent to deposit the source code of the IMSS application, with no reasonable alternatives available due to exceptional circumstances.
Who can bid / win?
Not stated in the document
Key terms
- Value of contract: One time setup fee of ₹20,000, Annual fee of ₹1,50,000 for three years (excluding applicable GST)
- Actual date of start of work: June 8, 2026
- Actual date of completion of work: June 7, 2029 (option to renew further)
| Source body | Reserve Bank of India (RBI) |
| Reference number | N.A. |
| Status | closed (section: award) |
| Year | 2026 |
| Closing date | N.A. |
| Documents | 1 |
Highlights & Points worth asking
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Documents
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Award
2026-07-03
award_TId4647.html
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