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Department of Financial Services Tender by Union Bank Of India (ubi) (GEM/2025/B/6170145)

Hiring of Agency for IT Projects- Milestone basis

Service
Qty:NaN
EMD: ₹1.8 Crore
Department of Financial Services Tender by Union Bank Of India (ubi) (GEM/2025/B/6170145)

Tender Timeline

Tender Issue
April 25, 2025 at 12:42 PM

Title:

Hiring of Agency for IT Projects- Milestone basis

Reference Number:

GEM/2025/B/6170145

Issuing Authority:

Department of Financial Services, Ministry of Finance


Scope of Work and Objectives:

The purpose of this tender is to engage a qualified agency for IT projects on a milestone basis. The selected agency will be required to provide comprehensive solutions tailored to the needs of government projects, focusing on delivering value, efficiency, and innovation. This includes project management, software development, testing, and implementation services that adhere to specific milestones and timelines.

The agency must demonstrate the ability to meet predefined objectives, ensuring that the solutions are robust, scalable, and sustainable to enhance public sector operations.


Eligibility Criteria:

To qualify for participation in this tender, bidders must fulfill the following eligibility criteria:

  • Must be a registered legal entity with proven experience in handling IT projects.
  • Demonstrated financial stability to support project delivery.
  • Must provide past project references that highlight successful completion and client satisfaction.
  • Compliance with the local content requirements as stipulated by the government.

Technical Requirements:

Bidders must outline technical specifications and operational capacities including but not limited to:

  • Expertise in the latest technologies and methodologies in IT.
  • Staffing qualifications, including certifications and experience of the team members.
  • Proposed methodologies for project execution and risk management strategies.
  • Implementation of quality assurance protocols throughout the project milestones.

Financial Requirements:

  • Bidders must provide a comprehensive financial proposal, detailing costs associated with project phases, resources, and any additional expenses.
  • The proposal should include a clear breakdown of pricing to facilitate understanding and evaluation.

Document Submission Details:

All bids must be submitted electronically through the designated procurement platform. Submission should include:

  • Technical proposal
  • Financial proposal
  • Eligibility documentation
  • Any other requisite certificates or appendices as detailed in the tender documentation.

Special Provisions:

This tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and Startups, providing potential benefits such as:

  • Relaxed eligibility criteria for MSEs.
  • Preference in evaluation for Startups that meet the required qualifications.

Evaluation Process:

The evaluation will be conducted in stages, assessing both the technical and financial proposals. Key considerations will include:

  • Adherence to technical specifications.
  • Cost-effectiveness and financial viability.
  • Overall value addition and innovative approaches proposed.

The decision will be made based on combined scoring of both technical and financial aspects, ensuring fairness and transparency.


Delivery Locations:

Services will be delivered across various government departments, with the primary focus on projects that enhance operational efficiencies within the public sector.


Contact Information:

For any queries related to this tender, potential bidders are encouraged to refer to the official tender portal or the provided contact details within the bidding platform.


This comprehensive overview serves as an essential guide for interested bidders, ensuring that all necessary information is readily available for the effective and efficient submission of proposals.


General Information

Item Category
Hiring of Agency for IT Projects- Milestone basis
Ministry Name
Organisation Name
City

Financial Information

EMD Amount
₹1,75,00,000.00
Minimum Turnover
₹10,000.00 Lakh (s)
Bid Offer Validity
180 (Days)
Arbitration Clause
Yes (Arbitration clause document) as per DoE OM No.F.1/2/2024-PPD dated 03.06.2024 Arbitration should not be routinely included in contracts
Mediation Clause
No

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Inspection Required
No
Technical Clarifications Time
3 Days

Tender Documents

7 Documents
GeM-Bidding-7772967.pdfMain Document
Other DocumentsOTHER
Payment Terms & ConditionPAYMENT PAYMENT
Scope Of Work DocumentSCOPE_OF_WORK SOW
Technical Specification/Buyer Specification DocumentTECHNICAL
Other DocumentsOTHER APPENDIX
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Documents 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

The eligibility requirements include being a registered entity with proven expertise in managing IT projects. Bidders must demonstrate financial stability through past project references and comply with local content stipulations as per government guidelines. Additionally, experience in delivering state-sponsored initiatives or similar government projects may be needed to qualify.

Successful bidders must fulfill comprehensive technical specifications, showing proficiency in modern IT practices and methodologies. Requirements may include a skilled team with necessary certifications, effective project management skills, adherence to quality standards, and a robust proposal demonstrating innovative approaches to IT solutions.

Bids must be submitted electronically through the designated procurement platform, ensuring inclusion of the technical proposal, financial proposal, and all required supporting documents. Each submission should follow the specified format and comply with the submission guidelines outlined in the tender documentation.

Yes, this tender includes special provisions for Micro, Small, and Medium Enterprises (MSEs) and encourages their participation. MSEs may benefit from relaxed eligibility criteria and additional preferences during the evaluation process, thereby promoting inclusivity and support for smaller businesses within the sector.

Performance security is a fundamental requirement for awarded contracts, ensuring that the selected agency complies with the contractual obligations upon winning the tender. This may be enforced through financial instruments such as bank guarantees or bonds, tied to the successful implementation of the project milestones as per the contract terms.

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