Title: Hiring of Agency for IT Projects- Milestone basis

Reference Number: GEM/2025/B/6128269

Issuing Authority: Department of Financial Services, Ministry of Finance

The Hiring of Agency for IT Projects- Milestone basis tender invites bids for the provision of IT services on a milestone basis. This initiative aims to facilitate cooperation with qualified agencies that can deliver comprehensive IT project assistance. The successful agency will be responsible for managing various IT projects, ensuring they are delivered on time and within budget.

Scope of Work and Objectives

The selected agency will engage in a series of IT projects defined by milestones that must be achieved sequentially. This work encompasses project management, development, implementation, and support services tailored to meet client specifications. The objectives of this engagement include:

1. Ensuring timely delivery of IT solutions.
2. Maintaining high standards of quality throughout the project lifecycle.
3. Supporting the Department with technological advancements and digital transformation.

Eligibility Criteria

To be eligible for this tender, bidders must fulfill specific requirements, including:

• Registration as a legal entity with a valid GST number.
• Proven experience in handling IT projects, particularly on a milestone basis.
• Financial stability evidenced by requisite bank statements.

Technical Requirements

Bidders must demonstrate substantial technical capabilities, including:

• Expertise in software development and IT services.
• Experience in project management methodologies.
• Familiarity with compliance standards relevant to government IT projects.

Financial Requirements

Bidders are requested to provide a detailed financial proposal that includes:

• A breakdown of costs associated with each project milestone.
• Evidence of financial capacity to undertake multiple projects simultaneously.

Document Submission Details

All proposals must be submitted electronically via the designated procurement portal. Bidders should ensure that all required documents are submitted in PDF format and adhere to the specified file size limits. Incomplete submissions may be disqualified.

Special Provisions

• Micro, Small, and Medium Enterprises (MSEs) will receive preferential consideration in the bidding process.
• Startups are encouraged to apply as there are provisions aimed at fostering new market entrants in government contracts.

Evaluation Process

The evaluation of bids will be based on several criteria:

• Technical competency and relevant experience.
• Financial viability and project cost proposals.
• Overall approach towards fulfilling the objectives of the tender.

Delivery Locations

The services provided under this tender will be applicable to various locations as designated by the Department of Financial Services.

Contact Information

For inquiries related to the tender, bidders are encouraged to refer to the official contact details provided on the procurement portal. Please ensure that all communication is conducted through official channels to maintain transparency.

This tender is an excellent opportunity for agencies specializing in IT solutions to contribute to transformative projects in the financial sector, ensuring that their technological offerings align with government initiatives aimed at efficiency and modernization.