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Department of Financial Services Tender by National Bank For Agriculture And Ruraldevelopment (GEM/2025/B/6129618)

Hiring of Agency for IT Projects- Milestone basis

Service
Qty:NaN
EMD: ₹30.0 Lakh
EST Bid: ₹15.0 Crore
Department of Financial Services Tender by National Bank For Agriculture And Ruraldevelopment (GEM/2025/B/6129618)

Tender Timeline

Tender Issue
April 9, 2025 at 6:53 PM

Tender Title: Hiring of Agency for IT Projects - Milestone basis
Reference Number: GEM/2025/B/6129618
Issuing Authority: Department of Financial Services, Ministry of Finance

The scope of work for this tender involves the hiring of an agency to undertake various IT projects on a milestone basis. The key objective is to enhance departmental operations through the implementation of innovative IT solutions. The agency will be expected to deliver tailored services that cater specifically to the unique requirements and objectives of the Ministry of Finance. This will involve analyzing current systems, proposing new IT strategies, and executing projects in timely phases to ensure alignment with performance metrics and expected outcomes.

Eligibility criteria for bidders include being a registered entity with relevant experience in managing IT projects. Organizations must demonstrate a strong track record in the successful implementation of similar IT initiatives, particularly those conducted on a milestone basis. The requirements also include compliance with all relevant government regulations regarding company registration and financial stability.

Technical requirements entail strong expertise in IT project management, with key skills including software development, systems integration, and cyber-security practices. Bidders must present detailed profiles of personnel who will be involved in the project, showcasing their relevant qualifications and experience. The ability to use modern project management methodologies is crucial.

Financial requirements state that bidders must provide proof of financial stability and the capacity to manage the project budget effectively. The submission should include financial statements from the previous fiscal year along with a breakdown of projected costs associated with the tender. It is crucial that the agency demonstrates an understanding of budget management and fiscal reporting as it relates to government projects.

Documents must be submitted electronically through the appropriate procurement platform according to provided guidelines. Bidders are to follow the document submission format exactly, ensuring that all required documents are included to prevent disqualification.

Special provisions will be made for Micro, Small, and Medium Enterprises (MSEs) and startups, encouraging their participation in government tenders. These provisions may include relaxed financial thresholds and additional support throughout the procurement process. The government aims to foster inclusive growth by enabling smaller organizations to compete effectively in this space.

The evaluation process will involve a comprehensive review of submitted bids, assessing both technical capabilities and financial proposals. Bidders will be evaluated based on their expertise, previous experience, and the financial viability of their proposal. The committee will prioritize well-structured bids that demonstrate a clear understanding of the project requirements and timelines.

The successful bidder will be responsible for delivery at the designated locations as outlined in the detail of the tender submission procedures. Agencies must indicate their ability to mobilize resources effectively at the required sites.

All inquiries regarding the tender details should be directed to the contact point provided in the official procurement documentation. Please refer to the tender reference number when reaching out for information to streamline the process.

Participating in this tender represents an opportunity for organizations to play a critical role in enhancing governmental operations through innovative IT solutions, ultimately contributing to greater efficiency and effectiveness in public service delivery.

General Information

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

Financial Information

Estimated Bid Value
₹15,00,00,000.00
EMD Amount
₹30,00,000.00
Minimum Turnover
₹5,000.00 Lakh (s)
Bid Offer Validity
180 (Days)

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
Inspection Required
No
Technical Clarifications Time
3 Days

Tender Documents

11 Documents
GeM-Bidding-7727975.pdfMain Document
BOQ DocumentBOQ
Scope Of Work DocumentSCOPE_OF_WORK SOW
Payment Terms & ConditionPAYMENT PAYMENT
Other DocumentsOTHER
Other DocumentsOTHER
Other DocumentsOTHER
Other DocumentsOTHER
Other DocumentsOTHER
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
  • Additional Doc 1 (Requested in ATC)
  • Additional Doc 2 (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

Frequently Asked Questions

The eligibility requirements include being a registered entity recognized to undertake IT projects. Bidders must demonstrate a proven track record in managing similar projects, particularly on a milestone basis. Furthermore, compliance with all relevant government regulations regarding business registration must be met. Organizations should also be financially stable, as evidenced by their prior year’s financial statements.

Bidders are required to meet comprehensive technical specifications that include proficiency in IT project management and software development. They must showcase experience in systems integration and a sound understanding of cybersecurity practices. Additionally, teams proposed should include qualified personnel with relevant project management certifications and experience.

The submission methods include electronic submission through the designated procurement platform. Bidders must ensure that they follow the specified document formats and include all requested materials to facilitate a smooth evaluation process. Failure to comply with submission requirements may lead to disqualification.

Participants in this tender will need to provide an Earnest Money Deposit (EMD), details of which can be found in the tender documentation. Additionally, successful bidders will be required to furnish performance security to ensure compliance with contract obligations. This security is typically a percentage of the contract value and is aimed at safeguarding the interests of the awarding body.

Yes, there are notable benefits for Micro, Small, and Medium Enterprises (MSEs) and startups. These may include ease of access to participate through relaxed financial thresholds and additional support in the bidding process. The government is focused on adhering to ‘Make in India’ policies, encouraging local content and procurement, thereby fostering a more inclusive commercial environment for smaller entities.

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