RFP - Engagement of Agencies for providing Petty Payment Support Services-Phase 6
Issued by American India Foundation Trust (AIF) · via SAMS-STC — social-sector RFPs & tenders
- Published
- 17 Oct 2026
- Closes
- 22 Oct 2026, 23:59 UTC
- Reference
- 1241
- Location
- Location India · Issued Oct 16, 2026, India
- Sector
- Financial & Professional Services
- Type
- services
At a glance
American India Foundation Trust (AIF) in India has published a request for proposals in financial & professional services: “RFP - Engagement of Agencies for providing Petty Payment Support Services-Phase 6”. Submissions close on 22 October 2026, 6 days from today. Quote reference 1241 in any correspondence with the buyer. FreeTender has recorded 33 notices from this buyer since 2026, 12 of them currently open. There are 220 open financial & professional services notices in India on FreeTender. Bids are submitted to the buyer through SAMS-STC — social-sector RFPs & tenders, not through FreeTender.
Details
Request for Proposal (RFP)
Bids are invited for: Engagement of Agencies for providing Petty Payment Support Services-Phase 6
Summary of Deadlines:
Release of Request for Proposal 15th October 2026 Online Pre-bid Meeting Date 21st October 2026 (afternoon hours)
Link for Registration:
https: //forms.gle/FY95SgM3RmGVQqCd6
Bid Submission Closing Date
22nd October 2026 (till Midnight 23: 59HRS)
Technical Bid Submission Link
https: //forms.gle/jzL4GFeLhV4ZUsf27
Financial Bid Submission Link
https: //forms.gle/gMUnQWWRazrundQB9
Technical Bid Opening 23rd October 2026 Financial Bid Opening 26th October 2026 Tentative Finalization of Contract To be intimated to the awardee only
Scope of Work
The American India Foundation Trust (AIFT) seeks to engage technology-enabled corporate petty payment service providers/platforms for managing day to day cashless transactions of AIFT. The service provider/s will facilitate and manage small-value operational payments arising from day-to-day administrative, programmatic and field-level requirements. The service provider shall support timely execution of such payments against approved requests and maintain appropriate documentation and records for reconciliation and audit purposes. The engagement is intended to provide an efficient mechanism for handling petty and incidental payments as mentioned in Annexure-I while ensuring adherence to AIFT's applicable approval processes. Selected Bidder/s will be offered to enter into a Service Agreement with the AIFT on below terms, Bidders are request to read the terms and quote accordingly:
- Duration of contract shall be of 12 months with No minimum business guarantee but not beyond INR 2 Crores, extendable upon satisfactory performance.
- The Bidder must be able to provide services during extended/odd hours when required, and must have UPI payment services to enable QR based payments with a credit limit of INR 10 lakhs. The advance may be provided to the selected agency basis the requirements which may be not more than INR 1.5 lakhs ~ INR 3 lakhs monthly (depending on the requirements on rolling basis)
- The Bidder shall provide MIS (format to be shared upon finalization), Invoices & supporting documents on weekly basis with all the supporting documentation
- All Payment Terms will be 100% after completion of services within 15 days of Invoice submission and supporting documents viz invoices/payment recipes etc. TDS as applicable.
- Both the Parties may terminate the Agreement by giving prior notice of 1 (one) month.
- For any disputes the Jurisdiction will be New Delhi.
Proposal Requirements – Technical & Financial: The technical proposal should cover at least below areas:
Applicant eligibility requirement(s):
- The bidder organization should be registered as a legal entity for carrying business in India. In addition, the bidder shall have all kinds of necessary licenses and permission for work related requirements.
- The bidder must preferably have previous 5 year relevant experience in the area of the requirement/supply.
- Capability to undertake services across PAN India
Technical Requirements:
The bidder should provide information on overall qualifications, including:
- Profile of organization
- Past experience, clients handled and completed assignments in the same field.
- Services and support available post-delivery of services and Turnaround time
- Only for-profit entities can apply. Nonprofit entities (NGO) are not eligible to apply under this bid.
Attachments/ Enclosures for Technical Bid: Bid must be submitted in English language only and should contain the following:
- Covering letter with reference to all enclosures or attachments.
- Copy of registration documents/ certificate and most recent renewal as a legal entity.
- License or permission if any for doing business
- Copy of Authorized dealership issued by the company (if any)
- Copy of valid PAN
- Copy of valid GST Registration.
- Copy of MSME registration certificate (if registered)
- Copies of last 3 (three) years of ITR.
- All other documents as mentioned in this RFP document.
- Cover letter (Annexure I), General Information (Annexure I.1), Technical Bid (Annexure I.2)
Financial Bid It is to be submitted separately as per Annexure II. No conditional price is to be quoted
AIFT Contact:
Any communication must be sent to: PROCUREMENT@AIF.ORG while mentioning ref of bid as Ref: AIFT/RFP/DL/2026-27/033
To download the full RFP, click here: RFP for Petty Payment Support Services 26-27- Phase 6
Organisation: American India Foundation Trust (AIF)
Listed on the SAMS-STC social-sector RFP board.
Context for bidders
We hold 33 notices from American India Foundation Trust (AIF), going back to July 2026 — 12 of them still open. They buy mostly in IT & Telecom, Financial & Professional Services and Education & Training. There are 220 open Financial & Professional Services tenders in India. This one closes in 6 days.
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Before you bid on this tender
A quick checklist to help you decide whether to bid and prepare a compliant submission for this financial & professional services opportunity. Always verify the details on the official source.
- Confirm the exact closing date and time (and time zone) on the official portal — deadlines are strict and can be revised by a corrigendum.
- Read the full notice and every attached document, including the scope, specifications and any bill of quantities or terms of reference.
- Check the eligibility criteria — prior similar experience, annual turnover, certifications and registrations — and make sure you qualify before investing effort.
- Prepare any earnest-money deposit (EMD) or bid security and the required formats early; missing or wrongly-formatted documents are a common cause of rejection.
- Note how bids must be submitted (online or physical), in what format, and whether a digital signature or portal registration is required.
- Watch for corrigenda and clarifications right up to the deadline — requirements and dates can change.
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