Department of Posts Tender by North East Postal Circle Shillong Meghalaya (23bc92df7)
Financial Advisory Services - Onsite; Tax Advisory
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Tender Title: Financial Advisory Services - Onsite; Tax Advisory
Reference Number: 23bc92df7
Issuing Authority/Department: Department of Posts, Ministry of Communications
The Financial Advisory Services - Onsite; Tax Advisory tender represents a vital opportunity for qualified firms to provide expert financial and tax advisory services to the Department of Posts. The scope of work encompasses a broad range of advisory functions designed to enhance the financial efficiency and compliance of the Department, ensuring adherence to the latest regulations and standards within the sector.
Scope of Work and Objectives
The successful bidder will be responsible for delivering comprehensive financial advisory services, including but not limited to the following objectives:
- Providing onsite financial consultancy to optimize financial operations.
- Offering tax advisory services to ensure compliance and strategic alignment with government regulations.
- Supporting the organization in financial planning, budgeting, and economic forecasting, thereby facilitating informed decision-making.
- Conducting workshops and training sessions for staff to improve financial and tax-related competencies.
Eligibility Criteria
To be considered for this tender, bidders must meet specific eligibility requirements, including:
- Registration as a legal entity in accordance with local regulations.
- Previous experience in delivering financial advisory and tax advisory services.
- Proven track record of successfully completing similar projects within a stipulated timeframe.
Technical Requirements
Bidders must demonstrate a high level of expertise in financial and tax advisory services, with relevant certifications and proven methodologies. They are required to adhere to recognized quality standards during service delivery, ensuring all outputs meet compliance requirements set forth by local authorities.
Financial Requirements
Bidders must include full details of their financial capabilities, providing information on previous contracts executed. This must encompass an understanding of payment terms that include potential milestones based on deliverable completion.
Document Submission Details
All bids must be submitted electronically through the appropriate tendering platform. Required documentation must be formatted correctly and should include:
- Technical proposal detailing the approach and methodology.
- Financial proposal outlining costs and payment terms.
- Any relevant certificates and registration proofs.
Special Provisions
This tender has specific provisions designed to support Micro, Small, and Medium Enterprises (MSEs) and startups. Bidders from these categories will be given consideration to encourage participation and stimulate economic growth within the sector.
Evaluation Process
Submissions will undergo a comprehensive evaluation process where bids will be assessed based on both technical merits and financial viability. Key criteria include:
- Adherence to the submission guidelines.
- Quality of the proposed solution.
- Cost-effectiveness of the financial proposal.
Delivery Locations
Services will primarily be delivered onsite at locations specified by the Department of Posts. Bidders are encouraged to inquire further for detailed information regarding specific geographical areas of service provision.
Contact Information
For further inquiries regarding this tender, potential bidders are encouraged to reach out to the Department of Posts through the official communication channels provided on the tender platform.
By engaging in this tender, firms are invited to showcase their expertise in delivering top-notch financial advisory services tailored to the needs of a crucial governmental body, while also contributing towards enhancing operational efficiencies.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
4 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 recognized under local laws and regulations. Additionally, bidders must have prior experience in providing financial advisory and tax advisory services, demonstrating a strong track record in similar projects. It is paramount that bidders can showcase their ability to meet the project’s objectives through past engagements and deliverables.
Bidders are required to submit relevant certifications that enforce their capability in financial and tax advisory services. This includes any industry-recognized qualifications, compliance certifications, and proof of prior project execution that showcases their expertise in meeting standards prescribed by local regulatory frameworks.
To participate in the tender, interested firms must complete the online registration process on the designated tendering platform. After securing registration, bidders will be able to access the tender documents, where they must prepare their bid as per the outlined submission guidelines, providing all necessary credentials, including financial stability and relevant experience.
Payment terms are an essential part of the financial proposal. Bidders should outline their proposed payment structure, which may include milestone payments tied to deliverables or progress-based payments. The payment terms should reflect transparency and align with the performance expectations set forth by the Department of Posts during the project lifecycle.
Yes, the tender includes provisions for MSEs, providing them with preferential treatment during evaluation. This initiative aims to promote local enterprises and enhance their participation in governmental projects. By offering such considerations, the Ministry of Communications supports the growth of startups and smaller businesses in the financial advisory sector, ensuring a diverse and competitive tendering environment.
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