Hiring of Consultants - Milestone/Deliverable Based - Management Consultants, Functional Consultant
Bharat Petroleum Corporation Ltd
JHANSI, UTTAR PRADESH
Bid Publish Date
21-Nov-2025, 7:40 pm
Bid End Date
02-Dec-2025, 3:00 pm
Bid Opening Date
02-Dec-2025, 3:30 pm
Location
Progress
Quantity
1
Bid Type
Two Packet Bid
The Housing And Urban Development Corporation Ltd (HUDCO) invites bids for hiring of Functional Consultants under a milestone/deliverable-based model with a Hybrid service scope as specified in the scope of work. Located in CENTRAL DELHI, DELHI - 110002, this procurement targets qualified professionals in Functional Consulting and Financial Services. The contract appears to center on milestone-based deliverables rather than time-based staffing, with the potential to adjust quantity or duration within defined limits. The absence of a defined estimated value or EMD in the provided data suggests bidders should rely on the tender documents for financial thresholds and bond requirements. A unique clause allows contract quantity/duration adjustments up to 25% at contract issuance and post-issuance, which bidders must internalize when submitting proposals. The inclusion of an excess settlement option enables bidders to claim additional charges up to a specified percentage, contingent on documented justification. HUDCO emphasizes bidder financial integrity and certificate submission per the ATC.
Functional Consultants; Financial Services specialization requested
Milestone/deliverable-based contract structure
Hybrid delivery model (on-site/remote components as specified)
25% quantity/duration adjustment window at issued contract and post-issuance
Excess settlement mechanism with documented support
Mandatory certificates and financials per bid document
Milestone-based engagement with potential 25% scope adjustment
Excess settlement allowed with proper documentation
Bidder must demonstrate financial credibility and lack of insolvency
Not specified in provided data; verify in NIT/ATC for milestone-based payments and any advance, if applicable
Milestones to be defined in contract; delivery cadence tied to deliverables rather than time-based staffing
Not specified in data; check official tender documents for LDs or penalties tied to milestone delays
No liquidation, receivership, or bankruptcy as per bidder undertaking
Capability to deliver milestone-based functional consulting in urban housing context
Compliance with required certificates and financial documents per ATC/Corrigendum
Bharat Petroleum Corporation Ltd
JHANSI, UTTAR PRADESH
Coal India Limited
NORTH 24 PARGANAS, WEST BENGAL
Nuclear Power Corporation Of India Limited
MUMBAI, MAHARASHTRA
Oil And Natural Gas Corporation Limited
WEST DELHI, DELHI
Indian Port Rail And Ropeway Corporation Limited
KHORDHA, ODISHA
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates of similar milestone/deliverable projects
Financial statements demonstrating financial credibility
EMD/Security deposit details as per NIT/ATC
Technical bid documents and compliance certificates
OEM authorizations or partner affiliations if applicable
Certificates required by ATC and Corrigendum (if any)
Key insights about DELHI tender market
Bidders should review the NIT and ATC for HUDCO’s milestone/deliverable-based engagement. Prepare certifications, GST, PAN, 3+ years of relevant milestones, and prior project proofs. Ensure compliance with the excess settlement mechanism and 25% adjustment clause, and submit all required financials and experience certificates with the bid.
Required documents typically include GST certificate, PAN, experience certificates for similar milestone projects, financial statements, EMD details, technical bid documents, and OEM authorizations if applicable. Cross-check the Bid Document/ATC for any additional certificates mandated in corrigenda.
Delivery is milestone/deliverable-based with a hybrid service model. Specific milestones, quantities, and timelines will be defined in the contract. A 25% adjustment to quantity or duration is allowed at contract issuance and post-issuance to accommodate project scope changes.
Excess settlement allows bidders to claim additional charges up to a declared percentage of the item-level total value, including addons. Invoices must include mandatory supporting documents proving the extra work, and the total invoice cannot exceed the approved excess settlement percentage.
Eligibility includes non-indebted status (no liquidation or bankruptcy) and demonstrable capability to deliver milestone-based consulting. Bidders must submit undertakings and relevant financial documents, along with all mandated certificates as per ATC and Corrigendum.
Final terms, including milestone definitions, payment schedule, and penalties, will be published in the official tender documents (NIT/ATC). Bidders should await these documents and ensure readiness to provide mandatory certifications and financials.
Though not detailed here, typical requirements include industry certifications relevant to functional consulting and financial services, plus statutory registrations (GST, PAN). Review the NIT/ATC for exact certifications and any OEM authorizations demanded by HUDCO.
The 25% adjustment applies to contract quantity or duration, either at contract issue or post-issuance. Bidders must accept revised scope and provide pricing for the adjusted quantities/duration as part of negotiations and final bid submission.
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📍 PUNE, MAHARASHTRA
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📍 KOLKATA, WEST BENGAL
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Export Import Bank Of India
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Main Document
BOQ
SCOPE_OF_WORK
OTHER
PAYMENT
GEM_GENERAL_TERMS_AND_CONDITIONS
Main Document
BOQ
SCOPE_OF_WORK
OTHER
PAYMENT
GEM_GENERAL_TERMS_AND_CONDITIONS