RURAL ELECTRIFICATION Corporation Limited Tender by Rural Electrification Corporation Limited (GEM/2025/B/6083643)
Hiring of Consultants - Milestone/Deliverable Based - Subject Matter Experts, Lenders Independent E
Tender Timeline
Tender Title: Hiring of Consultants - Gem Ref: GEM/2025/B/6083643
Issuing Authority:
RURAL ELECTRIFICATION Corporation Limited, under the Ministry of Power
Scope of Work and Objectives
The objective of this tender is to procure expert consultancy services focused on delivering milestone-based support in various areas including project management, financial advisory, and technical assessments. The scope encompasses hiring subject matter experts to aid in independent engineering evaluations, lenders financial advisory, and risk management. Additionally, the consultants will provide strategic inputs related to finance and accounts, ensuring projects achieve their milestones effectively while adhering to quality standards.
Eligibility Criteria
To qualify for this tender, bidders must be registered legal entities in accordance with prevailing laws. They should possess relevant experience in consultancy services, demonstrating a proven track record in similar projects. Additionally, bidders may be required to present certifications that validate their expertise and operational capabilities in providing consultancy services.
Technical Requirements
The technical requirements demand a robust understanding of rural electrification projects and expertise in the fields of project management and financial advisory. Candidates must demonstrate prior experience with lenders and insurance advisors, reflecting their thorough knowledge of risk management and compliance within the specified sectors.
Financial Requirements
Bidders will need to present financial statements to showcase their financial health and stability over the past few years. A successful bid should outline comprehensive pricing structures inclusive of consultancy fees, allowing for clear and transparent evaluations.
Document Submission Details
All submissions must be comprehensive and submitted electronically as per the provided guidelines. Bidders must ensure their documents are organized and clearly labeled, allowing the evaluation committee to easily assess their qualifications and proposals.
Special Provisions
Micro, Small, and Medium Enterprises (MSEs) and startups will benefit from special provisions designed to encourage their participation in this tender. Such benefits may include relaxed eligibility criteria and the possibility of price preferences, promoting inclusive growth.
Evaluation Process
Tenders will undergo a structured evaluation process where technical capabilities, past performances, and financial stability will be assessed. A multi-criteria evaluation framework will be deployed to ensure that only the most qualified candidates are shortlisted, recognizing excellence in service delivery.
Delivery Locations
Consultancy services are expected to be delivered across various locations as dictated by project requirements, primarily focusing on rural regions of India requiring electrification and sustainable energy solutions.
Contact Information
For further inquiries, potential bidders should refer directly to the official communication channels outlined on the tender notice. Due diligence is encouraged to gather all specifics needed for a comprehensive bid submission.
This tender presents an exciting opportunity to contribute to rural electrification, enhancing quality of life through sustainable energy initiatives while fostering local expertise and economic development.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
7 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- 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, demonstrating relevant experience in consultancy services, and possessing specific certifications that validate expertise in project management and financing advisory roles. Bidders must also comply with applicable statutory requirements to ensure a fair and competitive evaluation process.
Bidders are required to adhere to specific technical specifications that reflect their comprehensive understanding of project management, independent engineering assessments, and financial advisory services. This entails familiarity with rural electrification projects and the ability to meet quality standards pertinent to service delivery and compliance criteria.
The payment terms typically involve milestone-based payments aligned with project deliverables, facilitating transparency. An Earnest Money Deposit (EMD) may be required to confirm the seriousness of bids, with details available in the tender documentation specifying the amounts and submission methods.
Documents should be submitted electronically, following the guidelines detailed in the tender notice. Ensure that all submissions are complete and document formats such as PDFs are used, as these are commonly accepted. It’s vital to label documents clearly to facilitate the evaluation process.
MSEs can benefit from provisions that may include softer eligibility criteria and price preferences. This aims to ensure inclusive growth, allowing smaller entities to compete effectively and contribute to rural electrification projects, in line with national policies promoting local participation and development.
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