Custom Bid for Services - Department of Financial Services
Custom Bid for Services - ----
Tender Timeline
Tender Title: Custom Bid for Services
Tender Reference Number: 1d0abef57
Issuing Authority:
Department of Financial Services, Ministry of Finance
Scope of Work and Objectives
The primary objective of this tender is to solicit proposals for the provision of customized services tailored to meet specific requirements set forth by the Department of Financial Services. The scope of work encompasses a range of services that include but are not limited to operational support, consulting services, and technical assistance to enhance the department's capabilities. Proposals must outline the methodology and strategies intended to achieve the outlined objectives, demonstrating an understanding of the department's needs and regulatory frameworks.
Eligibility Criteria
To qualify for participation in this tender process, bidders must meet the following eligibility requirements:
- Must be a registered entity capable of conducting business services in compliance with applicable laws.
- Provide proof of previous experience in similar service contracts, demonstrating a successful history of project execution.
- Compliance with statutory registration and necessary certifications, along with no default against any statutory obligations.
Technical Requirements
Technical proposals should contain detailed descriptions of the methodologies to be implemented for service delivery. Bidders must also note any specific equipment, technology, or staffing requirements that will play a critical role in fulfilling the contract obligations. Demonstrating capability towards quality assurance and adherence to applicable standards is essential within submissions.
Financial Requirements
All bidders must exhibit sound financial health through the submission of audited financial statements for the prior three financial years. Furthermore, a clear payment structure must be articulated within proposals, highlighting acceptable payment terms and any upfront costs that may be required.
Document Submission Details
All documents must be submitted electronically via the designated e-procurement platform to ensure compliance with submission guidelines. Bidders are encouraged to verify that all required documentation, including the technical and financial proposals, is complete prior to submission.
Special Provisions
This tender may offer specific advantages to Micro, Small, and Medium Enterprises (MSEs) and startups. Such benefits may include relaxed qualification requirements or financial incentives designed to encourage participation from smaller firms. Bidders are encouraged to indicate their status as MSEs or startups within their submissions to take advantage of these provisions.
Evaluation Process
Submissions will be evaluated based on a dual-criteria approach, assessing both technical and financial proposals to ensure comprehensive evaluation. A scoring system will be utilized to rate the submissions, with a focus on innovative solutions, cost-effectiveness, and overall capability to deliver the required services efficiently.
Delivery Locations
Services are expected to be delivered at designated locations as specified by the Department of Financial Services. Bidders should outline their capability to service these locations effectively within their proposals.
Contact Information
For further inquiries, interested parties may contact the issuing department through official communication channels available on the relevant government e-procurement platform. Please ensure queries are directed appropriately for swift resolution.
Note
Bidders are encouraged to examine the tender documentation thoroughly to comply with all stipulations, emphasizing a clear understanding of the project objectives and requirements to enhance their bid viability.
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
- 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 capable of providing the specified custom services. Bidders must demonstrate previous experience in similar contracts, showcasing a successful track record. Compliance with all statutory regulations and certifications is mandatory, ensuring that no defaults against obligations exist. It is also essential for bidders to be in good financial standing with no pending legal issues.
Bidders are required to submit all pertinent certificates that demonstrate compliance with statutory obligations. This includes business registration certificates, tax compliance certificates, and any industry-specific certifications that relate to the services being provided. Additionally, proof of financial stability over the past three fiscal years through audited financial statements must be included to strengthen the proposal.
All required documents must be submitted in accepted document formats outlined in the tender documentation. Typically, these formats include PDF for proposals, zipped files for supplementary documents, and excel sheets for financial data. It is recommended to check the e-procurement platform guidelines to ensure compliance with the required submission formats.
Successful bidders are expected to furnish a performance security, typically calculated as a percentage of the contract value. This security serves to guarantee the satisfactory fulfillment of the contract obligations. The specific percentage and any additional financial guarantees required will be detailed in the tender documentation, ensuring clarity on the requirements during the bidding process.
MSEs can benefit from specific provisions aimed at leveling the playing field within this tender process. These may include relaxed eligibility criteria, reduced performance security requirements, and special financial incentives. Bidders should clearly indicate their classification as an MSE within their submissions to avail of these advantages and enhance their competitiveness in the bidding process.
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