Department of Science and Technology (DST) Tender by Indian Association For The Cultivation Of Science (iacs) (GEM/2025/B/6156409)
Financial Advisory Services - Onsite; Tax Advisory
Tender Timeline
Tender Title: Financial Advisory Services - Onsite; Tax Advisory
Reference Number: GEM/2025/B/6156409
Issuing Authority: Department of Science and Technology (DST), Ministry of Science and Technology
The Department of Science and Technology (DST) is seeking proposals for the provision of Financial Advisory Services - Onsite; Tax Advisory. The goal of this tender is to engage an experienced firm that can deliver specialized financial and tax advisory services to ensure compliance, optimize taxation, and provide strategic financial guidance tailored to the specific needs of the Department.
Scope of Work and Objectives
The selected contractor will be responsible for offering comprehensive financial advisory services that include, but are not limited to:
- Tax planning and compliance strategies
- Financial risk assessment and mitigation
- Advisory on financial reporting and governance
- Development of financial models and forecasting
The primary objective is to enhance the Department’s financial efficiency and compliance with prevailing regulations.
Eligibility Criteria
To qualify for this tender, bidders must meet the following eligibility criteria:
- Must be a registered entity with relevant licenses and experience in providing financial advisory services.
- Proven track record of working in government or similar organizations.
- Compliance to qualifications as per associated regulatory bodies.
Technical Requirements
Bidders are required to adhere to specific technical requirements, which include:
- Submission of detailed project proposals showcasing experience in similar projects.
- Deployment of qualified personnel who possess necessary certifications in finance and tax advisory.
Financial Requirements
Bidders must demonstrate financial capability through:
- Submission of last audited financial statements.
- Evidence of sound financial management practices.
Document Submission Details
All required documents must be submitted following the format and specifications outlined in the tender documentation. Bidders should ensure all submissions are complete and in accordance with statutory requirements.
Special Provisions
Relevant benefits are provided for Micro, Small, and Medium Enterprises (MSEs) and Startups under this tender. Such provisions may include:
- Preferential evaluation criteria.
- Assistance with registration processes and compliance norms.
Evaluation Process
All submitted proposals will undergo a thorough evaluation process which will assess:
- Compliance with submission criteria.
- Technical acceptability.
- Cost-effectiveness of the proposed strategies.
Delivery Locations
The services are to be delivered onsite at the Department of Science and Technology’s premises, adhering to all regulatory and safety guidelines.
Contact Information
For queries and further information about the tender, interested parties may refer to the official government communication channels linked with this tender.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
3 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 with relevant experience in financial advisory services. Bidders should present proof of a solid operational history, specific to government or similar contracts. Compliance with all applicable regulatory conditions and thresholds set forth by the Department is crucial for qualifying to participate.
Bidders must provide valid certificates demonstrating their expertise in financial and tax advisory services. This includes professional qualifications in finance, as well as any necessary registration or accreditation from relevant industry bodies. Additionally, demonstration of tax compliance and financial soundness certificates may be required.
The registration process requires bidders to register as a vendor with the Department of Science and Technology. All interested firms must complete the registration and submit the necessary documentation as specified in the tender document, ensuring adherence to all qualification criteria to be considered for evaluation.
Bidders must submit an Earnest Money Deposit (EMD) along with their proposals to secure their commitment. Specifics concerning the amount and acceptable payment forms will be stated in the tender documentation, regarding compliance and prudent financial management practices.
MSEs can avail numerous benefits such as relaxed eligibility criteria, assistance with documentation, and preferential treatment during the evaluation process. This approach encourages healthy competition and promotes local enterprise growth, adhering to the ‘Make in India’ initiative.
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