Department of Financial Services Tender by Export Import Bank Of India (GEM/2025/B/6095910)
Hiring of Consultants - Milestone/Deliverable Based - Refer tender document; Refer tender document;

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Tender Title: Hiring of Consultants - Milestone/Deliverable Based
Tender Reference Number: GEM/2025/B/6095910
Issuing Authority: Department of Financial Services, Ministry of Finance
The Hiring of Consultants - Milestone/Deliverable Based tender is issued by the Department of Financial Services under the Ministry of Finance. This tender aims to invite proposals from qualified consulting firms to provide expert consultancy services that are milestone and deliverable-based in nature. The objective of this tender is to engage specialized consultants who can address critical needs and add significant value to projects under the department's oversight.
Scope of Work and Objectives
The selected consultants will be expected to perform the following:
- Deliver timely and actionable recommendations based on thorough analysis and assessments.
- Provide consulting services covering the administration and implementation of financial policies.
- Support project management and coordinate with relevant stakeholders to ensure project alignment and outcomes.
- Deliver comprehensive reports at specified milestones to ensure transparency and facilitate decision-making.
Eligibility Criteria
To qualify for this tender, bidders must meet specific eligibility criteria:
- Be a registered legal entity in compliance with local regulations.
- Demonstrate previous experience in delivering similar consulting services.
- Exhibit a qualified team with the necessary certifications relevant to the consultancy sector.
Technical Requirements
Bidders should possess:
- Expertise in financial services and policy implementation.
- Proven methodologies for milestone-based consultancy.
- Strong analytical capabilities and familiarity with project management tools.
Financial Requirements
Bidders must provide:
- An Earnest Money Deposit (EMD) as specified in the tender documentation.
- Evidence of financial stability through recent financial statements or equivalent assurances.
Document Submission Details
Proposals must include:
- A detailed technical and financial offer.
- Relevant certificates of compliance and eligibility.
- All submissions should be made electronically via the designated portal.
Special Provisions
Consideration will be given to Micro, Small, and Medium Enterprises (MSEs) and startups, encouraging novel approaches that align with national policies. MSEs may also avail of benefits set forth in government protocols aimed at fostering entrepreneurial growth.
Evaluation Process
The evaluation of proposals will be conducted according to a defined scoring system that assesses:
- Technical expertise and experience.
- Financial proposals, emphasizing cost-effectiveness.
- The value and feasibility of proposed methodologies.
Delivery Locations
Consultancy services will be delivered on-site at various departmental locations as outlined in the tender guidelines.
Contact Information
For further inquiries, bidders can refer to the official Department of Financial Services contact channels as specified in the tender documentation.
This tender aims to enhance operational efficiencies through expert consultancy and is aligned with the government's commitment to transparency and quality service delivery in financial governance.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
9 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- 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
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Frequently Asked Questions
The eligibility requirements include being a registered legal entity, having demonstrated experience in delivering similar consulting services, and possessing a qualified team. Additionally, bidders must comply with local regulations to ensure they meet the standards defined by the Department of Financial Services.
Bidders must submit certificates that verify their compliance with financial regulations, relevant industry standards, and proof of previous work experience in the consultancy sector. These documents ensure that the bidders are credible and qualified to execute the services specified in the tender.
Payment terms will typically involve the provision of milestone-based payments upon completion of specified deliverables. Bidder’s financial proposals should reflect a clear pricing structure delineating payment schedules contingent on successful completion of agreed milestones.
Proposals will be evaluated based on criteria such as technical expertise, cost-effectiveness, and overall feasibility of the proposed methodologies. Each proposal will be scored against these benchmarks to ensure a transparent selection process.
Yes, MSEs are encouraged to apply, with special provisions designed to support their participation. These provisions aim to promote local entrepreneurship and innovation in consultancy services, which align with the government’s efforts to boost the performance and viability of smaller businesses within the sector.
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