Tender Title: Hiring of Consultants - Milestone/Deliverable Based - Functional Consultants; Finance & Accounts
Tender Reference Number: 1818d9405
Issuing Authority/Department: Ministry of Coal, Coal India Limited
Scope of Work and Objectives
The primary objective of this tender is to procure the services of qualified Functional Consultants specialized in Finance & Accounts. The selected consultants will support financial modeling and provide expert financial services necessary to meet the objectives outlined by the Ministry of Coal. The consultants are expected to deliver milestone-based results, ensuring that all deliverables align with the established standards of quality and effectiveness.
Eligibility Criteria
To qualify for participation in this tender, bidders must meet the following eligibility criteria:
- Registration as a legal entity in the relevant professional domain.
- Proven experience in providing consulting services, particularly in Finance & Accounts.
- Previous successful delivery of similar projects within defined timelines.
Technical Requirements
Interested bidders are required to demonstrate compliance with the following technical specifications:
- Expertise in financial modeling and analysis.
- Knowledge of relevant financial regulations and standards.
- Ability to deliver reports and documentation in specified formats as per the guidelines outlined in the evaluation process.
Financial Requirements
Bidders must provide clear representations of their financial capabilities:
- Submission of financial statements for the last three years.
- Details of previous contracts won and executed.
- Proposed pricing structure reflects competitive and fair pricing.
Document Submission Details
All proposals must be submitted electronically, following the specified format. Bidders are required to include:
- A comprehensive proposal that outlines their approach to meeting the tender’s objectives.
- Details of key personnel who will be directly involved in the project.
- Company brochures and other supporting documents to establish credentials.
Special Provisions
This tender includes special provisions aimed at promoting the participation of Micro, Small, and Medium Enterprises (MSEs) and start-ups. Such enterprises may receive preferential consideration during the evaluation process, fostering an inclusive bidding environment.
Evaluation Process
The evaluation of bids will be conducted on various parameters including:
- Alignment of proposals with the overall objectives of the Ministry of Coal.
- Cost-effectiveness and competitive pricing.
- Qualification and experience of the bidding team.
Bids will be scored, and the highest-ranking proposal will be awarded the tender.
Delivery Locations
The consultants are expected to perform their services primarily at the offices of Coal India Limited or as specified in the scope of work.
Contact Information
For any inquiries related to the tender, potential bidders should refer to the official website of the Ministry of Coal or the Coal India Limited contact points, as specific details may vary.
Additional Information
This tender is structured to attract skilled consultants who can provide significant value to the Ministry of Coal through practical financial insights and methodologies. Bidders are encouraged to adhere strictly to submission guidelines to ensure maximum impact during evaluations.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
6 DocumentsDocuments Required from Seller
- Experience Criteria
- Certificate (Requested in ATC)
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Additional Doc 3 (Requested in ATC)
- Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Similar Tenders
Frequently Asked Questions
The eligibility requirements primarily include being a registered entity, providing proof of relevant experience in Finance & Accounts, and successfully delivering similar consulting projects. All bidders must submit documentation proving their qualifications to proceed in the evaluation process.
Bidders are required to demonstrate expertise in financial modeling, knowledge of compliance requirements, and the ability to deliver documented reports in accepted formats. Adherence to quality standards is paramount to ensure effective service delivery in alignment with the tender objectives.
Proposals must be submitted electronically through the designated submission portal. It is imperative that bidding documents include comprehensive details of the company’s capabilities, financial proposals, and qualification of key personnel intending to be involved in the project.
Bidders must provide financial statements from the last three years, along with supporting documentation that includes details regarding pricing structures and previous contracts executed. Demonstrating financial stability and competency in Finance & Accounts will be critical during the evaluation.
Yes, the tender establishes specific provisions to encourage the participation of Micro, Small, and Medium Enterprises (MSEs) and startups. Such enterprises are afforded benefits in the evaluation process, thus enhancing their ability to compete fairly against larger entities while fostering a diverse bidding environment.
Probable Bidders
Get Tender Alerts
Get notifications for similar tenders