Department of Defence Production Tender by Yantra India Limited (GEM/2025/B/6128716)
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Tender Title: Financial Services for the Ministry of Defence
Tender Reference Number: GEM/2025/B/6128716
Issuing Authority/Department: Department of Defence Production, Ministry of Defence
The Department of Defence Production under the Ministry of Defence is seeking competent and qualified bidders to participate in the tender for the provision of essential financial services. This tender aims to procure financial support services that facilitate effective management of funds and resources towards achieving operational efficiency and excellence in financial control.
Scope of Work and Objectives
The objective of this tender is to secure a reliable partner that will supply comprehensive financial services. The scope broadly includes, but is not limited to:
- Financial analysis and reporting
- Budget planning and management
- Cash flow management
- Financial consultancy services
- Compliance support with regulatory requirements
Bidders must clearly outline their approach and methodology in achieving the outlined objectives, focusing on innovation and best practices in the industry.
Eligibility Criteria
To qualify for this tender, bidders must meet the following eligibility requirements:
- Must be a registered legal entity within the jurisdiction.
- Proven track record of delivering similar services for government or corporate sectors.
- Adequate professional certifications and licenses relevant to financial services.
Technical Requirements
Bidders must demonstrate expertise in various technical competencies, including:
- Proficiency in advanced financial management software.
- Strong analytical and reporting capabilities.
- Compliance with national and international financial regulations.
Financial Requirements
Bidders must provide a detailed financial proposal addressing the cost structure involved. This includes:
- Comprehensive breakdown of charges.
- Potential financial incentives for early completion or efficiency.
Document Submission Details
All submissions must adhere to the specified format and guidelines. Required documents include:
- Company registration certificates.
- Financial statements for the last three fiscal years.
- List of clients and projects completed in the last five years.
Submissions should be delivered electronically through the specified tender portal, ensuring that all documents are in PDF format to maintain integrity.
Special Provisions
This tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and startups. Special provisions are included to promote local entities, fostering growth and supporting economic development in the region.
Evaluation Process
The evaluation of bids will be conducted based on the following criteria:
- Technical expertise and capacity.
- Financial viability and cost competitiveness.
- Past performance and references.
The evaluation will be structured in phases to ensure that only the most qualified vendors proceed to the final selection round.
Delivery Locations
Services are expected to be provided primarily at various Ministry of Defence facilities as defined in the tender documentation. Detailed delivery points will be communicated post-selection.
Contact Information
For more information regarding the tender specifications or submission processes, interested bidders can reach out through the official contact channels provided via the tender portal.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
5 DocumentsDocuments Required from Seller
- Experience Criteria
- Past Performance
- Certificate (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
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Frequently Asked Questions
The eligibility requirements for this tender include being a legally registered entity, possessing a proven track record in financial services, and holding relevant professional certifications. Bidders must demonstrate their capabilities through previous project accomplishments that align with the tender’s objectives.
Bidders must submit mandatory certificates, including valid company registration, tax compliance certificates, and relevant financial service licenses. These certificates are crucial for validating the qualifications and operational legality of the firms participating in the bidding process.
Intersted bidders should navigate to the designated tender portal to complete the registration. This process involves creating an account, acquiring an eligible bid number, and filling in the necessary details required for participation. Following registration, bidders can submit their proposals as outlined in the guidelines.
All documents submitted for the GEM/2025/B/6128716 tender must be in PDF format. It is important to ensure that all documentation complies with the specified guidelines to avoid rejection during the evaluation process.
Evaluations will be conducted on the basis of technical expertise, financial proposal competitiveness, and previous experience in managing similar projects. Bidders must highlight their capabilities, including adherence to quality standards and compliance with established financial regulations throughout the tender.
This tender actively promotes opportunities for Micro, Small, and Medium Enterprises (MSEs) by incorporating favorable provisions that support MSE participation. These may include relaxed eligibility criteria and preference points during evaluations to encourage MSE involvement and empower the local economy.
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