Tender Title and Reference Number

Hiring of Consultants - Milestone/Deliverable Based - Management Consultants, Functional Consultant
Tender Reference Number: GEM/2025/B/6171686

Issuing Authority/Department

The tender is issued by the Department of Financial Services under the Ministry of Finance.

Scope of Work and Objectives

The primary objective of this tender is to hire qualified consultants who can deliver specialized services across various areas such as Management Consulting, Financial Services, Economics, Investment Promotion, and more. The consultants are expected to provide expertise in areas including Financial Modelling, Risk Management, and Big Data Analytics. The deliverables will be structured around specific milestones, ensuring that progress can be monitored and assessed throughout the project duration.

Eligibility Criteria

Eligible bidders must demonstrate their qualifications through relevant credentials and experience in managing similar consultancy projects. Bidders should be registered entities with a proven track record in delivering analytics and financial services.

Technical Requirements

1. Consultants must possess expertise in specific fields as defined in the scope of work.
2. Detailed documentation demonstrating previous successful projects similar in nature should be provided.
3. They should comply with necessary quality standards and compliance requirements as may be stipulated by regulatory bodies.

Financial Requirements

Bidders must demonstrate financial stability, including evidence of financial health and the ability to undertake the project. This includes:

• Certification of financial audits.
• Proof of the capability to provide the required resources to meet project demands.

Document Submission Details

All submissions need to be compliant with the digital formats accepted by the issuing department. Detailed submission guidelines will be provided within the tender document.

Special Provisions

Bidders from Micro, Small, and Medium Enterprises (MSEs) and startups may benefit from special provisions aimed at encouraging participation from smaller businesses, enhancing the diversity of service providers.

Evaluation Process

The evaluation of bids will be based on predefined criteria evaluating the technical expertise, financial health, and the quality of previous work. The evaluation process ensures full compliance with government procurement policies, aimed at maximizing transparency and fairness.

Delivery Locations

The project will predominantly be executed within the jurisdiction outlined by the Department of Financial Services, which encompasses government projects and initiatives related to financial services.

Contact Information

While specific contact details might not be available, potential bidders are encouraged to check the official Ministry of Finance website for updates and additional information regarding the tender.

This tender invites qualified consultants to submit proposals aligned with the government's need for superior financial consulting services, promoting effective financial management and advisory capabilities. By participating in this tender, consultants will have the opportunity to contribute significantly to advancing the financial services framework within the public sector.