Tender Timeline
Tender Title: Manpower Hiring for Financial Services
Reference Number: GEM/2025/B/6146576
Issuing Authority: Urban Development & Housing Department Bihar
The Manpower Hiring for Financial Services tender seeks qualified organizations to provide skilled manpower for financial and accounting services required at various onsite locations. This initiative aims to enhance the operational efficiency of the Urban Development & Housing Department, ensuring it can effectively manage its financial transactions and reporting requirements.
Scope of Work and Objectives
The primary objective of this tender is to recruit personnel with specialized skills in finance and accounting. The scope includes, but is not limited to, hiring for the following positions:
- Chartered Accountants
- MBA Finance Graduates
- Accountants
Successful bidders will be required to ensure that the personnel supplied are adequately qualified and possess the necessary experience in handling financial services effectively within a fast-paced environment.
Eligibility Criteria
To be eligible to participate in this tender, bidders must meet the following criteria:
- Being a registered entity with valid business licenses.
- Proven experience in providing manpower hiring services in the financial sector.
- Availability of qualified professionals in the required domains.
- Compliance with local and national labour laws.
Technical Requirements
Bidders must supply:
- Profiles of candidates who possess relevant qualifications and experience.
- Demonstration of previous work performed similar to the tender requirements.
- Assurance of the candidates’ adherence to professional standards and ethics in finance and accounting.
Financial Requirements
Participating bidders are required to submit financial documents showing:
- Recent financial statements demonstrating stability and capacity to deliver the services.
- A pricing structure that is competitive yet sustainable.
Document Submission Details
Prospective bidders must submit their proposals in the specified format, which includes technical and financial offers, along with all required supporting documents. The submission should be completed by the indicated deadline, and all required documents must comply with the specified guidelines to prevent disqualification.
Special Provisions
This tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and provides certain advantages such as relaxed eligibility criteria and additional time for MSEs to prepare their submissions. Startups are also encouraged to apply and will benefit from special provisions aimed at promoting new ventures within the financial services domain.
Evaluation Process
The evaluation of bids will be conducted based on:
- Compliance with eligibility and technical criteria.
- Financial competitiveness and sustainability.
- Quality of the proposed manpower solutions.
Bids will be scored based on a predefined evaluation matrix detailing the weighting assigned to each criterion.
Delivery Locations
The successful candidates will be deployed at various locations as dictated by the Urban Development & Housing Department. The exact sites will be determined upon final selection of the contractor.
Contact Information
For inquiries regarding the tender, bidders can reach out to the Urban Development & Housing Department Bihar’s designated contact personnel. Specific contact details can be acquired through the official department channels.
This tender presents an exciting opportunity for qualified entities to contribute to the crucial sector of financial services by providing capable manpower resources. Participants are encouraged to review all tender documentation thoroughly and prepare their submissions accordingly.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
3 DocumentsDocuments Required from Seller
- Experience Criteria *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 valid licenses, prior experience in financial services manpower hiring, and the ability to demonstrate compliance with local labour laws. Bidders must also verify their capacity to supply qualified professionals for the roles specified in the tender.
Candidates provided for the financial services roles must meet quality standards that require relevant qualifications, such as Chartered Accountant credentials or an MBA in Finance. Additionally, candidates should have a demonstrated history of success in financial management and compliance with ethical standards in finance.
Bidders must submit comprehensive financial documents, including recent financial statements that reflect their stability and capability to execute the required manpower services. A well-defined pricing structure that aligns with market rates is also essential.
Bids must be submitted through the designated online portal in the prescribed format. This includes both technical and financial proposals along with all necessary compliance documents. Careful adherence to the submission guidelines is vital to ensure proposals are not disqualified.
Benefits for MSEs and startups include provisions that favor them during the bidding process, such as relaxed eligibility criteria and incentives that aim to stimulate their growth. Additionally, compliance with ‘Make in India’ policies and local procurement rules is prioritized, promoting domestic enterprises within the financial services sector.
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