Hiring of Consultancy Services
Hiring of Consultancy Services - Percentage based - Management Consultants; Project Management; No;
Tender Timeline
Tender Description
Tender Title: Hiring of Consultancy Services
Tender Reference Number: 3fc55d43
Issuing Authority: POWER FINANCE Corporation Limited
Department: Ministry of Power
Scope of Work and Objectives
The primary objective of this tender is to engage a qualified consultancy firm to provide management consulting and project management services. The consultancy will play a pivotal role in assisting the POWER FINANCE Corporation Limited in executing their project objectives effectively, enhancing performance and operational efficiency. The scope encompasses but is not limited to strategic advisory, performance improvement, and best practices in project execution across various initiatives.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
6 DocumentsDocuments Required from Seller
- Certificate (Requested in ATC)
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Additional Doc 3 (Requested in ATC)
- Additional Doc 4 (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 for this tender stipulate that bidders must be legally registered entities in accordance to national regulations. Interested organizations should demonstrate experience in providing management consulting and project management services. This experience should be substantiated with previous project case studies or references. Additionally, companies must showcase their compliance with any financial criteria outlined in the tender document.
Bidders must submit all relevant certificates demonstrating compliance with industry standards and regulations as part of their proposal. This may include business registration certificates, tax compliance documents, and certifications specific to consultancy practices. The submission of these documents is critical to validate the technical eligibility and financial stability of the bidding entity.
The registration process for participation in this tender typically involves completing an online registration form on the official procurement platform. Bidders must provide necessary identification, required documentation, and confirm adherence to submission guidelines. After successful registration, the firms will gain access to the tender documents where they can review the detailed requirements and submit their proposals.
Payment terms are an integral part of the contract and will be outlined distinctly in the tender documentation. Typically, terms may include milestone-based payments upon completion of specific phases of the project or a lump-sum payment structure following delivery of services. Ensuring clarity on these financial conditions is crucial for both parties to maintain transparency and trust.
Bidders must adhere to various compliance requirements that include adherence to local regulations and industry standards relevant to management consulting services. This entails aligning with quality norms, environmental regulations, and following the policies directed by the Ministry of Power. Additionally, compliance with ‘Make in India’ initiatives may be promoted, encouraging participation from local service providers.
These FAQs serve to clarify essential aspects for prospective bidders in understanding the requirements and processes related to tender participation.
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