GEM

South Eastern Coalfields Limited Hiring of Functional Consultants Bilaspur Chhattisgarh 2025 - Milestone/Deliverable Based Finance & Accounts & Financial Modelling

Bid Publish Date

27-Nov-2025, 5:59 pm

Bid End Date

08-Dec-2025, 4:00 pm

Value

₹2,65,333

Location

BILASPUR , CHHATTISGARH

Progress

Issue27-Nov-2025, 5:59 pm
AwardPending
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Quantity

1

Bid Type

Single Packet Bid

Key Highlights

  • • Unique delivery model: Milestone/Deliverable Based engagement for functional consulting
  • • Hybrid scope: as specified in scope of work, combining advisory and deliverable-based outputs
  • • 25% variation clause: allowed changes to contract quantity or duration at issue and post-award
  • • Excess Settlement: option to include additional charges up to a defined percentage with supporting documentation
  • • No BOQ items: indicates qualitative deliverables and milestone payments rather than quantity-based procurement
  • • Estimated value: ₹265,333.36
  • • ATC document uploaded by buyer: refer to Buyer Added Terms for compliance and submission

Categories 6

FINANCIAL CONSULTANCY ACCOUNTING CONSULTANT SERVICES TRANSACTION ADVISORY BUSINESS CONSULTANCY DEVELOPMENT ADVISOR

Tender Overview

Organization: South Eastern Coalfields Limited (Coal India Limited) – procurement for Functional Consultants including Finance & Accounts, Financial Modelling Expert, and Financial Services. Location: Bilaspur, Chhattisgarh 495001. Category: Hiring on a Milestone/Deliverable Based basis with a Hybrid scope as specified in the work. Estimated value: ₹265,333.36. Scope involves delivering discrete milestones and deliverables within the scope of finance-related consulting services. A notable differentiator is the mixed (hybrid) delivery model and milestone-based payments, with an ATC uploaded by the buyer for reference.

Technical Specifications & Requirements

  • No formal technical specifications provided in the tender text. Available details indicate recruitment of Functional Consultants in Finance & Accounts and related advisory roles, with a focus on milestone/deliverable outcomes.
  • The tender permits a potential contract quantity/duration adjustment up to 25% at issuance and post-award, indicating flexible scope management.
  • The buyer has enabled an Excess Settlement option, allowing additional charges up to a defined percentage of the item-level total value, with mandatory supporting documentation during invoice creation. The exact percentage and documentation requirements are referenced in the ATC.
  • BOQ shows no line items (0 total items), signaling a qualitative, deliverable-driven engagement rather than a quantity-based purchase.

Terms, Conditions & Eligibility

  • EMD: Not disclosed in the provided text; bidders should review the ATC and tender documents for exact obligation.
  • Delivery/Timeline: Not specified; milestone-based delivery implies staged timelines per deliverable in the scope of work.
  • Payment Terms: Excess Settlement option available; payments may reflect approved milestones plus any defined addons under the specified percentage cap.
  • Documentation: ATC document uploaded; bidders must submit standard bid documents per the terms, including technical and financial bids, along with any OEM authorizations if applicable.
  • Other Clauses: 25% quantity/duration variation allowed at contract issue and for post-award adjustments; ensure compliance with the buyer’s ATC and milestone framework.

Key Specifications

  • Product/Service: Functional Consulting with Finance & Accounts and Financial Modelling capabilities

  • Engagement Type: Milestone/Deliverable Based with Hybrid delivery

  • Estimated Value: ₹265,333.36

  • Delivery Model: Post-award milestone payments; potential 25% variation in quantity/duration

  • Fees/Addon Policy: Excess Settlement option with supporting invoices

  • BOQ: 0 items (qualitative deliverables only)

Terms & Conditions

  • Option Clause allows up to 25% change in quantity/duration at issue and post-award

  • Excess Settlement permits additional charges up to a defined percentage with documentation

  • No fixed BOQ items; focus on milestone deliverables and deliverable-based payments

Important Clauses

Payment Terms

Excess Settlement option enables extra charges up to a specified percentage; invoices must include required documentation and stay within the total order value

Delivery Schedule

Milestone-based deliverables; exact milestones to be defined in scope of work/ATC; contract quantity may vary by up to 25%

Penalties/Liquidated Damages

Not explicitly stated in provided text; refer to ATC and scope of work for any penalty framework

Bidder Eligibility

  • Experience in functional consulting within finance & accounts or financial modelling

  • Capability to deliver milestone-based outputs under a hybrid engagement

  • Compliance with standard bid documentation as per ATC and tender terms

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Required Documents

1

GST Registration Certificate

2

Permanent Account Number (PAN) Card

3

Experience Certificates related to functional consulting in finance & accounts

4

Financial Statements / Turnover evidence

5

EMD submission as applicable under ATC (if required by terms)

6

Technical Bid Document and Methodology for milestones/deliverables

7

OEM/Partner Authorizations or Certifications (if required by scope)

8

Any relevant project completion certificates or client reference letters

Frequently Asked Questions

Key insights about CHHATTISGARH tender market

How to bid for SECL functional consultants tender in Bilaspur 2025?

Bidders must submit GST, PAN, experience certificates, financial statements, and the technical bid along with any OEM authorizations. The engagement is milestone-based with a hybrid delivery model; review the ATC for specific milestone definitions, variation rights, and the Excess Settlement option before submission.

What documents are required for SECL finance consulting bid in Bilaspur?

Required documents include GST registration, PAN card, experience certificates in finance & accounts, financial statements, EMD documentation if applicable, technical bid, and any OEM authorizations. Ensure the ATC is reviewed for any location-specific addenda and milestone-specific formats.

What are the milestone deliverables in SECL consulting tender Bilaspur?

The tender specifies a milestone/deliverable based engagement with hybrid delivery. Exact milestones are defined in the scope of work and ATC; bidders must align proposals to discrete outputs and measurable KPIs tied to payments per milestone.

What is the estimated contract value for SECL financial consulting 2025?

The estimated value is ₹265,333.36, indicating a compact, milestone-driven engagement. Prepare a deliverables-based pricing model with clear milestone charges and add-on considerations under the Excess Settlement provision as applicable.

What is the Excess Settlement clause in the SECL tender Bilaspur?

Excess Settlement allows additional charges up to a defined percentage of the item-level total value, with mandatory supporting documents during invoice creation; ensure compliance with the percentage cap and document sufficiency per ATC.

What are the 25% variation rights in SECL consultant tender Bilaspur?

The buyer may increase or decrease contract quantity or duration by up to 25% at contract issue and post-award; bidders must be prepared to adjust scope and deliverables accordingly within the defined framework.

Where can I view the ATC for SECL Bilaspur bids 2025?

The ATC document is uploaded by the buyer in the tender portal. Review the ATC for exact terms on milestones, billing, variation, addenda, and submission instructions before final bid submission.

What standards or qualifications are required for SECL financial consultants?

While no explicit standards are listed, bidders should demonstrate relevant finance & accounts consulting experience, milestone-based delivery capability, and provide certifications or past project attestations; ensure alignment with the ATC and any OEM authorizations if required.