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LTIMindtree to handle govt's PAN 2.0 project
Mint Kolkata
|August 05, 2025
The L&T arm's adjusted bid value was ₹792.55 crore, exclusive of taxes
The income tax department has selected mid-sized information technology firm LTIMindtree Ltd for its project to upgrade technology infrastructure for managing Permanent Account Numbers (PANs), showed the government's public procurement portal.
The Larsen & Toubro arm's quoted bid value was ₹811.5 crore, exclusive of taxes, and the adjusted bid value was ₹792.55 crore, excluding taxes.
The adjusted bid value, determined based on the factors set out in the request for proposal (RFP), helps compare bids and determine the auction winner.
"In pursuance of the RFP published for the project, four bids were received. Based on the bid evaluation, M/s LTIMindtree Ltd is declared as the successful bidder," said the notification on the portal.
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