Tender Timeline
Tender Title and Reference Number
Hiring of Agency for IT Projects - Milestone basis
Tender Reference Number: GEM/2025/B/6041532
Issuing Authority/Department
The issuing authority for this tender is the POWER GRID Corporation OF INDIA Limited, under the Ministry of Power.
Scope of Work and Objectives
This tender invites bids for the hiring of an agency for IT projects on a milestone basis aimed at enhancing the efficiency and effectiveness of IT operations within the organization. The objective includes collaboration on various IT-related tasks, implementation of solutions, and delivery of projects following pre-defined milestones, thereby ensuring quality and timely execution aligned with the strategic goals of the POWER GRID Corporation.
Eligibility Criteria
To qualify for this tender, bidders must meet specific eligibility requirements. This includes being a registered business entity with adequate experience in executing similar IT projects. Bidders should provide proof of performance in relevant IT services along with necessary certifications confirming their ability to fulfill the contract requirements.
Technical Requirements
Bidders are required to demonstrate a thorough understanding of technical specifications essential for the execution of IT projects. This includes familiarity with the latest technologies and methodologies in IT project management, software development, and system integration.
Financial Requirements
Interested bidders must present their financial capabilities, including performance records and stability over the past few years. Financial documentation should clearly indicate the bidder’s ability to handle the project from initiation through execution.
Document Submission Details
Bids must be submitted in accordance with the guidelines stipulated in this tender. Documents are to be forwarded electronically through the official tender portal and must include all required documentation outlined in the eligibility criteria and financial sections.
Special Provisions
This tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) by providing certain benefits, which may include exemptions from certain eligibility criteria and support in the form of financial incentives. Furthermore, there are favorable provisions for startups, promoting innovative solutions and encouraging the engagement of small businesses in governmental projects.
Evaluation Process
All received bids will undergo a rigorous evaluation process, where technical and financial proposals are assessed against pre-set criteria. The evaluation will prioritize quality, efficiency, and cost-effectiveness, ensuring that only the best proposals are selected for contract award.
Delivery Locations
The projects under this tender are likely to be executed at various locations determined by the needs of the POWER GRID Corporation. Bidders should be prepared to deliver services efficiently at multiple sites as directed.
Contact Information
For detailed inquiries regarding this tender, participants are encouraged to reach out through the official channels specified on the tender portal. Bidders must ensure that they communicate only through authorized communication methods to avoid misinformation.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
7 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (Requested in ATC)
- OEM Authorization Certificate
- 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 include being a registered entity with proven experience in similar IT projects. Bidders must provide documentation proving their capability to manage such projects effectively, including details of past projects and any relevant certifications.
Bid proposals must meet high technical specifications involving expertise in IT project management methodologies, familiarity with relevant technologies, and the ability to integrate various IT solutions seamlessly. Detailed project plans that align with technical expectations are essential for the evaluation process.
Participating bidders must showcase their financial capabilities, including monetary stability and previous financial performance in relevant projects. This includes submitting financial statements and records showing capacity to execute and manage IT projects on a milestone basis.
The evaluation and selection process will consider both the technical proposals and financial bids. Proposals will be scored based on quality, adherence to the project scope, and overall cost-effectiveness, ensuring that the best-suited contractors are awarded the opportunity.
Yes, this tender includes specific benefits for Micro, Small, and Medium Enterprises (MSEs) and provisions aimed at startups, aimed at fostering innovation and participation. These benefits may include relaxed eligibility criteria, financial incentives, and support in navigating the tender process.
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