Department of Financial Services Tender by New India Assurance Company Limited (niacl) (GEM/2025/B/6174186)
Hiring of Consultants - Milestone/Deliverable Based - Management Consultants; HR Management &Capaci
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Introduction
The tender titled Hiring of Consultants - Milestone/Deliverable Based - Management Consultants; HR Management & Capacity Building is issued by the Department of Financial Services, Ministry of Finance. This tender is part of an initiative to enhance organizational efficiency through specialized consulting services.
Scope of Work and Objectives
The objective of this tender is to procure expert consultancy services that focus on management consulting, particularly in the arenas of HR management and capacity building. The consulting services sought will aim at delivering specific milestones or deliverables that align with the strategic goals of the Department of Financial Services. The expertise sought from the selected consultants will provide frameworks, methodologies, and insights necessary for effective human resource management.
Eligibility Criteria
To be eligible for participation in this tender, bidders must meet several key criteria:
- Entities must be registered as a consultancy firm.
- Demonstrated previous experience in HR management consulting.
- Capacity to mobilize qualified consultants to fulfill contract obligations.
- Compliance with local laws and regulations governing consultancy services.
Technical Requirements
Participants are expected to submit their proposals by including the following:
- Detailed profiles of the consulting team members showcasing relevant skills and experience.
- Methodology to be used in achieving the project objectives.
- Examples of past project deliverables the bidders have successfully completed.
- Compliance with any specific requirements detailed in the tender documentation.
Financial Requirements
Bidders must provide a detailed financial proposal that includes:
- Pricing structure clearly outlining consultancy fees and any additional costs.
- Evidence of financial stability, such as bank statements or financial statements from the previous year.
- Any applicable taxes and other financial obligations.
Document Submission Details
Bidders are required to submit all documents electronically in the prescribed format set forth in the tender guidelines. Submissions must be made in a single packet along with all supporting documents before the closing deadline.
Special Provisions
The tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and startups, providing the essential policies and provisions that enhance their business opportunities. Bidders who qualify as MSEs may receive a preference during the evaluation process.
Evaluation Process
The evaluation of proposals will be carried out based on predefined criteria including the technical merit of the proposal, cost efficiency, and demonstrated capability of the consulting team. Shortlisted bidders may be requested to present their proposals in person.
Delivery Locations
Consultancy services are to be provided at various locations as specified in the scope of work. Onsite visits may be required; thus, bidders should be prepared for travel between different locations as per the contract requirements.
Contact Information
For further inquiries or clarifications regarding this tender, you may contact the relevant department at the Ministry of Finance during the official working hours. Please note that specific contact details are not provided in the tender documentation.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
14 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (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 as a consultancy firm with prior experience in delivering HR management consulting services. Bidders must demonstrate their capacity to fulfill the contract by showcasing valid credentials and adherence to local regulations governing consultancy work. Furthermore, consultants must also demonstrate financial stability to assure their capability in delivering on the project.
The technical specifications include presenting an in-depth methodology to tackle consultancy challenges effectively. Bidders must detail their consulting team’s profiles, showcasing relevant experience in managing similar projects to ensure compliance with the specified standards outlined in the tender documents. Evaluation will depend significantly on the clarity of the technical proposal provided by the bidders.
Typically, an Earnest Money Deposit (EMD) is required to ensure that bidders demonstrate their seriousness towards fulfilling the contract requirements. The amount for EMD and specific payment methods acceptable would usually be detailed in the tender documentation. Participants should therefore include this in their financial proposal while adhering to stipulated guidelines.
This tender specifically includes provisions for startups and Micro, Small, and Medium Enterprises (MSEs). Such businesses may receive preferences during evaluation, which results in enhanced opportunities for participation. Policies likely encourage local providers to engage in consulting projects, thus boosting potential bidders’ access to government contracts.
Bidders must submit their documents electronically in a single packet as specified in the tender documentation. Only the formats outlined in the guidelines will be accepted for submission. Bidders should verify that all documents comply with required standards to avoid disqualification during the evaluation process.
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