Bid Publish Date
13-Feb-2025, 11:03 am
Bid End Date
10-Mar-2025, 11:00 am
EMD
₹2,75,000
Location
Progress
Indian Railway Finance Corporation Limited invites bids for Financial Advisory Services - Offsite; Tax Advisory in CENTRAL DELHI, DELHI. Quantity: 1. Submission Deadline: 10-03-2025 11: 00: 00. Submit your proposal before the deadline.
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | BDO INDIA LIMITED LIABILITY PARTNERSHIP Under PMA | 09-03-2025 12:21:10 | |
| 2 | BSR & CO LLP Under PMA | 07-03-2025 16:59:10 | |
| 3 | Deloitte Touche Tohmatsu India LLP Under PMA | 07-03-2025 22:03:07 | |
| 4 | Ernst & Young LLP Under PMA | 10-03-2025 09:19:26 |
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | Ernst & Young LLP Under PMA | Item Categories : Financial Advisory Services - Offsite; Tax Advisory | |
| L2 | Deloitte Touche Tohmatsu India LLP Under PMA | Item Categories : Financial Advisory Services - Offsite; Tax Advisory |
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Min. Avg. Annual Turnover
220
Experience Required
5 Year (s)
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Financial Advisory Services - Offsite; Tax Advisory
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
BOQ
SCOPE_OF_WORK
GEM_GENERAL_TERMS_AND_CONDITIONS
Extended Deadline
10-Mar-2025, 5:30 am
Opening Date
10-Mar-2025, 6:00 am
Experience Criteria
Bidder Turnover
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
Key insights about DELHI tender market
The eligibility requirements include being a registered entity with a minimum of FIVE YEARS' experience in providing similar financial advisory services. Bidders must also meet the minimum average annual turnover of TWO CRORES TWENTY LAKHS (220 Lakh) for the last THREE financial years. Additionally, specific documentation needs to be submitted to substantiate qualifications.
Bidders must submit various certificates and documents, including proof of prior experience, financial statements displaying turnover, and any additional certificates requested in the ATC. Documentation demonstrating compliance with quality standards is also essential. It is critical for bidders to ensure all required certificates are up-to-date and provide a clear narrative of their financial advisory capabilities.
To participate in this tender, interested bidders must register on the designated GeM portal, align their business categories with the tender specifications, and complete the document submission process outlined in the GEM/2025/B/5932367 documentation. Depending on the entity's profile, supporting documents that validate experience and turnover should be uploaded as part of the registration.
An Earnest Money Deposit (EMD) of ₹2,75,000 is required to participate in the tender. This deposit demonstrates the bidder's commitment to the proposal and will be refunded upon the conclusion of the bidding process, provided their submission adheres to the regulations stipulated in the tender documentation.
The tender provisions ensure that Micro, Small, and Medium Enterprises (MSEs) may qualify for exemptions concerning the experience criteria. This initiative aligns with the government's directives to encourage participation from smaller businesses, enabling them to compete more readily with larger entities in these financial advisory services tenders. Compliance with the 'Make in India' policies will further support local enterprises.