Hiring of Agency for IT Projects - Milestone Basis

Hiring of Agency for IT Projects- Milestone basis

Service
Qty:NaN
EMD: ₹3.5 Lakh
EST Bid: ₹1.8 Crore

Tender Timeline

Tender Issue
May 19, 2025 at 5:04 PM
Corrigendum
June 9, 2025 at 11:39 AM
New Document Added Download

Tender Title: Hiring of Agency for IT Projects - Milestone Basis

Tender Reference Number: 9a1415cc

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


This tender is issued for the Hiring of Agency for IT Projects that will be carried out on a milestone basis. The successful contractor will be tasked with undertaking various technology and IT services to support the operations and goals of the Department of Financial Services. The work involved will directly contribute to effective government initiatives and financial services.

Scope of Work and Objectives

The primary objective of this tender is to identify a suitable agency specialized in IT project management and execution. The agency will provide comprehensive services that may include, but are not limited to, project planning, technical development, testing, implementation, and maintenance of IT solutions. The scope will also cover milestone-based deliverables, ensuring that the agency meets specified deadlines and performance criteria.

Eligibility Criteria

Firms interested in bidding for this tender must meet the following eligibility requirements:

  • Registration as a legal entity in accordance with local laws.
  • Possession of necessary certification that meets relevant industry standards.
  • Proven track record of successful completion of IT projects, preferably in the governmental sector.
  • Availability of qualified human resources and technical expertise to effectively carry out the required services.

Technical Requirements

Bidders must adhere to specific technical requirements that include:

  • Familiarity with current IT practices, project management methodologies, and tools.
  • Ability to document and present deliverables in an organized manner.
  • Experience working with government contracts and understanding compliance requirements.
  • Demonstration of quality assurance processes and metrics utilized in previous projects.

Financial Requirements

All bidders must provide a comprehensive financial proposal, detailing the budget required for fulfilling the contract, including costs associated with each milestone. Financial viability must be demonstrated through:

  • Submission of audited financial statements for the last three fiscal years.
  • A letter of credit or bank guarantee should be provided as per the requirements outlined.

Document Submission Details

All bidding documents must be submitted electronically through the designated platform. Key components include:

  • Completed bid application form.
  • Technical proposal in line with the requirements outlined.
  • Financial proposal detailing all costs.
  • Certificates and registrations as required by the eligibility criteria.

Special Provisions

The tender also includes provisions for Micro, Small, and Medium Enterprises (MSEs) and startups to encourage participation from smaller firms. These provisions may include relaxed criteria and support measures to promote fair competition.

Evaluation Process

Bids will be evaluated using a predefined scoring system that takes into account technical proficiency and financial proposals. An evaluation committee from the Department of Financial Services will review all submissions, with aim to ensure that the best value and quality of service is awarded.

Delivery Locations

The primary location for project delivery will be determined based on project requirements and client needs, predominantly within the jurisdiction of the Department of Financial Services.

Contact Information

For queries related to this tender, please refer to the official communications from the Department of Financial Services. Ensure all inquiries are directed to the channels specified in the tender documents for accurate and timely responses.


This tender presents a significant opportunity for qualified agencies looking to contribute to the enhancement of IT services in government operations. Interested firms are encouraged to thoroughly review the requirements and submit their bids accordingly.


General Information

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

Financial Information

Estimated Bid Value
₹1,75,00,000.00
EMD Amount
₹3,50,000.00
Minimum Turnover
₹100.00 Lakh (s)
Bid Offer Validity
60 (Days)

Evaluation and Technical Information

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

Tender Documents

8 Documents
GeM-Bidding-7860012.pdfMain Document
Scope Of Work DocumentSCOPE_OF_WORK SOW
Payment Terms & ConditionPAYMENT PAYMENT
Other DocumentsOTHER
Other DocumentsOTHER
Other DocumentsOTHER APPENDIX
Buyer uploaded ATC documentATC ATC
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Documents Required from Seller

  • Experience Criteria
  • Bidder Turnover
  • Additional Doc 1 (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

Corrigendum Updates

Bid Extended to June 16, 2025 at 05:00 PMModified on June 9, 2025 at 11:32 AM
Bid Opening June 16, 2025 at 05:30 PM

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Frequently Asked Questions

The eligibility requirements include being a registered entity, possessing relevant certifications, and demonstrating a proven track record in handling similar IT projects, specifically in governmental sectors.

Bidders must adhere to established technical specifications that include knowledge of current IT practices, relevant project management tools, and compliance with industry quality standards to ensure project success.

Successful bidders must submit details about their proposed payment terms within their financial proposal, and a performance security may be required as a guarantee of compliance with project milestones and deliverables.

Bids should be submitted electronically through the designated tender platform. Accepted document formats typically include PDF and other electronic forms as specified in the tender documentation.

There are specific provisions to support Micro, Small, and Medium Enterprises (MSEs), including relaxed criteria for participation, aimed at promoting inclusivity and encouraging small businesses to engage in government contracts.

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