POWER FINANCE Corporation Limited Tender by Power Finance Corporation Limited (GEM/2025/B/6165666)
Custom Bid for Services - Impact assessment study for the projects implemented under CSR initiative
Tender Timeline
Tender Title: Impact Assessment Study for Projects Implemented under the CSR Initiative
Reference Number: GEM/2025/B/6165666
Issuing Authority: POWER FINANCE Corporation Limited, Ministry of Power
Overview
The POWER FINANCE Corporation Limited invites proposals for impact assessment study services related to various projects that have been implemented under its Corporate Social Responsibility (CSR) initiative. The objective of this tender is to evaluate the effectiveness and outcomes of these CSR projects and ensure compliance with the expected quality standards.
Scope of Work and Objectives
The awarded contractor will conduct a thorough impact assessment that includes, but is not limited to:
- Evaluation of the social, economic, and environmental impacts of the CSR initiatives.
- Analysis of beneficiary feedback to ascertain project effectiveness.
- Recommendations for future CSR strategies based on the findings.
Eligibility Criteria
To qualify for this tender, bidders must meet the following eligibility requirements:
- Be a registered entity with relevant operational experience in conducting impact assessments.
- Submit proof of previous similar projects successfully completed.
- Possess the necessary certifications and licenses to operate in this field.
Technical Requirements
Bid submissions must adhere to the following technical specifications:
- Detailed methodology for conducting the impact assessment.
- Comprehensive understanding of CSR frameworks and evaluation metrics.
- Proven capability to conduct qualitative and quantitative studies.
Financial Requirements
Bidders should submit a detailed financial proposal that includes:
- Breakdown of costs associated with the impact assessment study.
- Payment terms and conditions.
- Proof of financial stability, which may include bank statements or credit ratings.
Document Submission Details
All proposals must be submitted through the designated electronic procurement portal by the specified deadline. Suppliers must ensure that all required documentation is included to avoid disqualification.
Special Provisions
The tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and provides additional benefits for startups. These provisions aim to foster inclusivity in line with the government's 'Make in India' initiative.
Evaluation Process
The evaluation of bids will be conducted based on a comprehensive scoring rubric that considers:
- Technical competency and methodological approach.
- Cost-effectiveness.
- Experience and past performance in similar projects.
Delivery Locations
The results and findings of the impact assessment should be delivered to the POWER FINANCE Corporation Limited headquarters as well as to local project sites as applicable.
Contact Information
For additional queries regarding the tender, refer to the official contact points listed on the procurement portal.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
13 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 include being an incorporated entity experienced in conducting impact assessments. Interested bidders must have completed similar projects in the past, demonstrating their capability to handle the complexity of evaluating CSR initiatives effectively. Additionally, potential bidders must possess necessary operational licenses and certificates relevant to this type of study.
Bidders must provide copies of necessary certifications that showcase their capabilities in conducting impact assessments. This might include ISO certifications related to quality management systems and any specific licenses pertaining to CSR activities. Proof of successful completion of previous impact assessments should be included in the document submission.
To participate, interested parties should navigate to the designated electronic procurement portal where they will find the registration process outlined. It typically requires filling out specific forms and submitting essential documents to validate eligibility. Following successful registration, bidders can access the complete tender documentation.
Documents for the tender must be submitted in digital format as specified on the procurement portal. Commonly accepted formats include PDF, DOCX, and XLSX. Bidders are encouraged to ensure all file formats adhere to the guidelines so that submissions do not face rejection due to compatibility issues.
The tender outlines specific payment terms that bidders must adhere to in their financial proposals. Payments will likely be made upon milestones achieved during the impact assessment study. Bidders should provide a detailed payment structure that aligns with their proposed project timeline, ensuring clarity for both parties.
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