Department of Financial Services Tenders (GEM/2025/B/6141216)
Custom Bid for Services - ----

Tender Timeline
Tender Title: Custom Bid for Services
Tender Reference Number: GEM/2025/B/6141216
Issuing Authority/Department: Department of Financial Services, Ministry of Finance
This custom bid for services aims to procure specialized services to achieve enhanced efficiency and effectiveness within the Department of Financial Services. The scope of work includes a range of operational services that will cater to diverse departmental needs, aligning with the government’s objectives of modernizing its service delivery mechanisms.
Scope of Work and Objectives
The scope of this tender encompasses a comprehensive suite of services designed to support department operations, improve service quality, and enhance departmental responsiveness. The objectives include:
- Streamlining processes within the Department of Financial Services,
- Enhancing customer service through responsive support,
- Implementing technology solutions that foster efficiency and transparency.
Eligibility Criteria
Eligible bidders must be registered entities that possess relevant experience in providing similar services. The tender specifically encourages participation from Micro, Small, and Medium Enterprises (MSEs) and startups, as part of the government’s initiative to promote local businesses.
Technical Requirements
Bid submissions should meet specific technical requirements, including but not limited to:
- Proven experience in handling similar projects,
- Compliance with quality standards as stipulated by regulatory authorities,
- Availability of qualified personnel to undertake the services offered.
Financial Requirements
Bidders must provide financial documentation that showcases their stability, including recent financial statements and evidence of earnings from similar services. The acceptance of Earnest Money Deposit (EMD) is mandatory, and specific amounts will be detailed in the official documents.
Document Submission Details
All proposals must be submitted electronically through the designated platform in accepted formats. Detailed instructions regarding document specifications, submission timelines, and required forms will be included in the official tender documents.
Special Provisions
There are special provisions for participation by Micro, Small, and Medium Enterprises (MSEs) and startups, which include benefits such as relaxed qualification criteria and exclusive bidding opportunities.
Evaluation Process
The evaluation of bids will be based on a comprehensive process that assesses technical capability, financial standing, and compliance with specified criteria. The evaluation will adhere to predetermined scoring systems that ensure transparency and fairness in selection.
Delivery Locations
Services must be rendered as required across designated locations outlined in the tender documentation. Specific operational locations will be defined to align with departmental needs.
Contact Information
For any queries, please reach out to the Department of Financial Services, Ministry of Finance. Detailed contact information will be provided in the final documents.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
23 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (Requested in ATC)
- OEM Authorization Certificate
- 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
The eligibility requirements include being a registered entity, having prior experience in providing similar services, and meeting the financial stability criteria set forth in the tender documentation. It is particularly designed to encourage participation from Micro, Small, and Medium Enterprises (MSEs) and startups, ensuring they benefit from relaxed qualification criteria.
To complete submission, required certificates typically include registration certificates, compliance documents with quality standards, and evidence of prior successful contracts in similar areas. Bidders should ensure that all documents confirm their capability and adherence to regulatory requirements.
The registration process involves signing up on the official tender platform and submitting the required documentation as specified in the tender details. Bidders must ensure that they provide accurate and up-to-date information to facilitate a smooth application process.
A performance security is a mandatory requirement that protects the interests of the department. Bidders must submit a guarantee amounting to a specific percentage of the contract value, which will be outlined in the tender documents. This ensures performance fulfillment according to the agreed terms.
The tender provides specific benefits for MSEs, including relaxed eligibility criteria, exclusive bidding opportunities, and support provisions that promote participation in governmental tenders. This encourages MSEs to engage actively and contribute to national development goals while ensuring access to public contracts.
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