POWER FINANCE Corporation Limited Tender by Power Finance Corporation Limited (GEM/2025/B/6162938)
Hiring of Consultants - Milestone/Deliverable Based - Subject Matter Experts; Legal Subject Matter
Tender Timeline
Tender Title: Hiring of Consultants - Legal Subject Matter Expert
Reference Number: GEM/2025/B/6162938
Issuing Authority: Power Finance Corporation Limited
Department: Ministry of Power
Scope of Work and Objectives
The objective of this tender is to engage highly qualified Subject Matter Experts (SMEs) specializing in legal matters specifically within the context of power finance and related sectors. This engagement will be milestone/deliverable-based, ensuring output aligns with the strategic goals of the Ministry of Power. Consultants will be tasked to provide comprehensive legal analysis, advisory services, and support on policy formulation, compliance, and regulatory matters affecting the power sector.
Eligibility Criteria
To be eligible for participation in this tender, bidders must be registered entities with valid licenses to operate in the services domain. Additionally, they must demonstrate previous experience in providing consultancy services or similar expertise in the legal domain related to public sector engagements or sectors linked to energy and finance.
Technical Requirements
Proposals submitted must comply with stringent technical specifications to ensure bidders possess the requisite expertise and professional qualifications. This includes:
- Submission of detailed CVs of the consultants proposed for engagement.
- Documentation of past project experience relevant to legal advice within the power finance sector.
- Evidence of qualifications such as degrees in law or related fields for all personnel involved.
Financial Requirements
Bidders are required to submit a comprehensive breakdown of the financial proposal including professional fees, administrative expenses, and any other costs associated with delivering the consultancy services. Ensure submissions adhere to any established budgetary guidelines stated in the tender documents.
Document Submission Details
All documents must be submitted electronically through the designated platform. Bidders should ensure that their proposals are submitted in accepted formats (PDF, Word) before the deadline specified in the tender publication. It is advisable to retain a confirmation of submission for your records.
Special Provisions
This tender encourages applications from Micro, Small, and Medium Enterprises (MSEs). Relevant incentives for MSEs and startups such as relaxed qualification criteria may apply, facilitating broader participation in this initiative, thereby promoting inclusivity within the sector.
Evaluation Process
Submissions will undergo a systematic evaluation process based on the quality of the proposal, technical capabilities, financial viability, and overall competency in delivering required services. Criteria for evaluation will include compliance with technical specifications, cost-effectiveness, and demonstrated past performance.
Delivery Locations
The services provided under this tender will primarily support projects based nationally, with consultants expected to operate in multiple locations as directed by the Ministry depending on project needs.
Contact Information
For further inquiries, interested bidders may consult the official announcements related to this tender on the designated procurement platform or reach out to the procurement office of Power Finance Corporation Limited.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
13 DocumentsDocuments Required from Seller
- Additional Doc 1 (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
Similar Tenders
Frequently Asked Questions
The eligibility requirements include being a registered entity with a valid operational license. Bidders must also showcase experience in delivering consultancy services, particularly in legal domains pertinent to the power finance sector. It is essential that the consultants proposed within the bid are highly qualified and possess substantial experience in handling relevant legal matters.
Bidders are mandated to provide certifications that showcase compliance with legal standards relevant to the consultancy services offered. This may include evidence of qualifications for key personnel such as graduate degrees in law and relevant certifications in advisory practices. Documentation proving experience in related sectors is equally critical for the evaluation process.
Bidders must complete the registration on the designated procurement platform. Submissions should include necessary documents demonstrating company registration, along with any credentials required under the eligibility criteria. Specifically, ensuring your certificates are current and uploaded in acceptable formats is crucial for a complete registration.
Payment terms will typically be based on milestone deliveries. As such, payments will be made upon successful completion of predefined deliverables specified contractually. Bidders should propose feasible payment schedules aligned with project milestones to ensure prompt and fair remuneration for the services rendered.
This tender provides several advantages for MSEs, including relaxed eligibility criteria and possible financial incentives. These provisions support a higher level of participation from MSEs, ensuring they can compete effectively in the procurement process while contributing to governmental objectives such as promoting local entrepreneurship and innovation within the power sector.
Probable Bidders
Get Tender Alerts
Get notifications for similar tenders