Hiring of Agency for IT Projects - Milestone Basis

The eligibility requirements include being a registered entity, showcasing previous experience in IT project management, demonstrating the capability to deliver quality outcomes, and compliance with local laws. Agencies must possess necessary certifications that validate their operational strengths. This ensures that only qualified organizations undertake projects that meet the expectations of POWER GRID Corporation of India Limited.

Bidders are required to present various certificates which may include ISO certifications, GST registration, and necessary compliance documents pertinent to IT standards. Additionally, relevant experience documentation and proof of past project successes will be critical in emphasizing an agency’s qualifications.

Documents should be submitted electronically through the designated e-procurement platform. Bidders must ensure that all files adhere to the accepted document formats specified in the tender. Submissions should be complete with technical and financial proposals, along with any supportive documentation for qualification assessment.

The performance security requirements stipulate that selected bidders must furnish a security deposit, typically a percentage of the contract value. This deposit ensures that the agency meets all obligations defined within the contract, reinforcing their commitment to delivering quality service upon successful bid acceptance.

Micro, Small, and Medium Enterprises (MSEs) can expect certain concessions designed to encourage their participation. This includes financial incentives, relaxed eligibility criteria, and dedicated support in navigating the tender process. Provisions align with government policies aimed at promoting local enterprise development, ultimately encouraging MSE involvement with experienced contractors.