Engagement of Consultant for Market Study Valuation and Transaction Advisory

The eligibility requirements include being a registered entity with proven experience in market analysis and transaction advisory services in the petroleum sector. Consultants must also comply with the guidelines set forth by the Ministry of Petroleum and Natural Gas and possess the necessary qualifications and resources to meet the project’s objectives.

Participants must demonstrate proven methodologies for market research, asset valuation, and experience in similar consulting roles. They should present detailed case studies or examples of past projects to showcase their capabilities in achieving the objectives outlined in the tender.

Applicants must submit documents that detail their operational budgets, financial stability, and a transparent pricing structure for the services offered. This is vital for assessing the financial health of the consultancy and ensuring they can support the project through to completion.

The evaluation process involves assessing both technical and financial proposals against the criteria set forth in the tender. A scoring matrix will rank each bid based on compliance with eligibility criteria, technical capabilities, and pricing, ensuring a fair and systematic selection process.

Yes, the tender includes special provisions aimed at fostering participation from Micro, Small, and Medium Enterprises (MSEs). These benefits may include relaxed eligibility criteria or favorable terms during the evaluation process, aligning with the government’s focus on promoting entrepreneurial growth within the sector.