Tender Title: Hiring of Consultants - Milestone/Deliverable Based

Reference Number: GEM/2025/B/6171454

Issuing Authority

The tender is issued by the Department of Financial Services, under the Ministry of Finance. This authority is responsible for managing financial services and ensuring the effectiveness of financial policies in India.

Scope of Work and Objectives

The primary objective of this tender is to hire qualified consultants who will contribute to specific milestones and deliverables outlined in the scope of work. The consultants will be expected to provide expertise in areas relevant to the financial services of the government, ensuring that all deliverables meet the expected quality and standards.

Eligibility Criteria

To participate in this tender, interested parties must meet several eligibility criteria. This includes being a registered entity with a valid business license, and possessing adequate experience in providing consulting services specifically tailored for government sectors. Demonstration of relevant work performed in similar engagements will be required.

Technical Requirements

Participants must exhibit technical proficiency within the designated scope of work. This involves demonstrating comprehensive knowledge in financial service practices, as well as showcasing relevant project management competencies. All consultants should also be capable of producing detailed reports and deliverables that are compliant with government standards.

Financial Requirements

Bidders must have robust financial standing, which may include aspects such as net worth, annual turnover, and availability of funds to ensure the execution of deliverables within the stipulated timeframe. Proof of financial stability will need to be submitted along with the tender application.

Document Submission Details

All submissions must be made electronically through the specified platform. Bidders are required to provide all necessary documents, including but not limited to business licenses, experience letters, and financial statements. Submission formats must adhere to the requirements stated in the bidding documentation.

Special Provisions

This tender acknowledges the participation of Micro, Small, and Medium Enterprises (MSEs) and startups. Benefits and provisions tailored for these groups are included to ensure equal opportunity and fostering growth among smaller entities.

Evaluation Process

The evaluation will be conducted based on predefined criteria that account for both technical and financial aspects. Proposals will undergo a thorough assessment to ensure they align with the requirements set forth in the tender documentation. Shortlisted bidders may undergo interviews or presentations.

Delivery Locations

Consultants will be expected to deliver services at various locations as designated by the Department of Financial Services. Specific sites will be communicated clearly during the tender clarification phase.

Contact Information

Further inquiries can be directed to the Department of Financial Services, Ministry of Finance. However, specific contact details aren’t provided in the current tender documentation. It is advisable to consult the official website or the designated platform for official communications.

Conclusion

This tender provides a significant opportunity for qualified consultants to engage with government financial services projects. By hiring specialists, the Ministry of Finance aims to enhance the efficiency and effectiveness of financial management and policy implementation in India.