Department of Financial Services Tender by Union Bank Of India (ubi) (GEM/2025/B/6188543)
Hiring of Consultants - Milestone/Deliverable Based - As per RFP for Appointment of Consultant for

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Tender Title: Appointment of Consultant for Program Management Support
Tender Reference Number: GEM/2025/B/6188543
Issuing Authority/Department:
Department of Financial Services, Ministry of Finance
Scope of Work and Objectives
The primary objective of this tender is to secure the services of a qualified consultant to provide Program Management Support for the amalgamation of Regional Rural Banks (RRBs) in the state of Andhra Pradesh. This project aims to enhance the operational efficiency and improve financial performance across the selected RRBs. The consultant will be required to perform tasks that include but are not limited to:
- Conducting comprehensive assessments of the existing RRBs.
- Developing a detailed roadmap for the amalgamation process.
- Providing ongoing support during implementation and monitoring results.
- Engaging stakeholders effectively throughout the project lifecycle.
Eligibility Criteria
To be eligible for this tender, interested parties must meet the following criteria:
- Be a registered consulting firm or individual with relevant qualifications in project management or a related field.
- Have prior experience in managing similar projects, particularly in the financial sector.
- Hold necessary accreditations or certifications as may be specified in the tender documents.
Technical Requirements
Bidders are expected to comply with the technical specifications outlined in the Request for Proposal (RFP). This includes:
- Proven methodologies in project management.
- Tools and technologies that facilitate effective communication and project tracking.
- Ability to provide high-quality deliverables that meet or exceed expectations.
Financial Requirements
Bidders must demonstrate financial stability through the provision of:
- Audited financial statements for the last three years.
- Evidence of financial resources available for project execution.
- A detailed budget proposal that aligns with the specified scope of work.
Document Submission Details
All tender submissions must adhere to the following guidelines:
- Complete and submit all required documents and forms as specified in the tender announcement.
- Documents must be submitted through the designated electronic portal in the accepted format.
- Ensure all submissions are clear, concise, and fully compliant with the submitted guidelines.
Special Provisions
Consideration will be given to Micro, Small, and Medium Enterprises (MSEs) and Startups, as these groups are encouraged to participate. Such entities may be eligible for special incentives or provisions designed to promote inclusivity in government contracting.
Evaluation Process
The evaluation of proposals will be undertaken based on predefined criteria which includes:
- Technical merit of the proposal.
- Relevant experience and qualifications of the consulting team.
- Cost-effectiveness and clarity of the financial proposal.
Delivery Locations
The project activities will be primarily focused within the state of Andhra Pradesh. Specific locations for project meetings and stakeholder engagements will be determined in alignment with project needs.
Contact Information
For further inquiries, potential bidders may reach out through the provided contact mechanism in the tender announcement. However, it is advised to refer to the official documentation for the most accurate and updated contact information.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
7 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (Requested in ATC)
- OEM Authorization Certificate
- OEM Annual Turnover
- 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
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Frequently Asked Questions
To qualify for participation, potential bidders must be registered entities with relevant expertise in project management. They need to demonstrate past success with similar projects, particularly in the financial sector. Licenses or certifications pertinent to consultant services may also be required. It’s crucial for firms to showcase their qualifications, as this is a key aspect of the eligibility requirements.
Bidders must provide a comprehensive suite of documents, including their audited financial statements, details of previous project experiences, and any relevant certifications. It’s essential to follow the submission requirements strictly and ensure that all documents are properly formatted and filled out to meet the required certificates guideline.
Yes, startups are encouraged to apply. They may find specific provisions available to support their involvement in this tender, benefiting from incentives designed to promote their engagement in government contracts. Therefore, understanding the benefits for Micro, Small, and Medium Enterprises (MSEs) is crucial for startups looking to enhance their competitive edge.
Payment terms will be defined in the contract following the evaluation process. Typically, these terms will include provisions for milestone payments based on deliverables achieved throughout the project. Bidders should factor in potential cash flow considerations in the overall payment terms outlined in their proposals.
The evaluation process for proposals will be based on criteria including technical capability, experience, and cost-effectiveness. The evaluation team will assess each proposal against these criteria, ensuring transparency and fairness in the evaluation and selection process. Bidders will be notified of results once the evaluation is complete.
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