Department of Financial Services Tender by Indian Overseas Bank (GEM/2025/B/6116683)

Tender Title: Appointment of Process Advisor for Mobilization of Anchor Bid

Reference Number: GEM/2025/B/6116683

Issuing Authority/Department: Department of Financial Services, Ministry of Finance

Scope of Work and Objectives

This tender seeks a qualified Process Advisor to oversee the mobilization of Anchor bids and manage the entire process of transferring Non-Performing Assets (NPA) Loans on a portfolio basis. The selected contractor will be expected to provide expert guidance to optimize the tendering process, ensuring all activities related to the management of NPA loans are executed efficiently.

Eligibility Criteria

Eligible bidders for this tender must possess the necessary qualifications and experience in financial services and consulting. This includes demonstrated expertise in advisory roles related to financial mobilization, asset management, or similar services. Bidders should be legally registered entities and compliant with all relevant regulatory requirements.

Technical Requirements

Bidders must showcase their knowledge and experience in handling NPA transactions, including the development of strategies for mobilization and asset recovery procedures. A strong understanding of compliance and risk management is essential, along with the ability to provide detailed documentation on previous successful projects in similar sectors.

Financial Requirements

Bidders are required to submit financial documents that prove their capability to manage the project’s financial aspects effectively. This includes a comprehensive breakdown of the proposed budget and any associated costs, substantiation of previous financial transactions, and evidence of sound fiscal management practices.

Document Submission Details

All proposals must be submitted through the designated online portal. Documentation should be complete with all necessary certifications and supporting materials, ensuring adherence to submission guidelines. Late submissions will not be entertained.

Special Provisions

There are specific provisions for Micro, Small, and Medium Enterprises (MSEs) and Startups aimed at encouraging participation in the tendering process. Applicants under these categories may receive preferential consideration during the evaluation process.

Evaluation Process

Tender submissions will be evaluated based on a clear and structured methodology, considering the technical and financial capabilities of each bidder. The evaluation criteria will focus on the bidder’s experience, proposed methodologies, and overall cost-effectiveness.

Delivery Locations

Services will be delivered as per the requirements set forth in the proposal and may extend to multiple locations across jurisdictions as dictated by the project’s needs.

Contact Information

For any inquiries related to the tender, bidders should refer to the official platform for communication. No direct contact details are provided in this documentation to maintain the integrity of the bidding process.