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Bids are Invited For Hiring of Consultants - Milestone/Deliverable Based - Validation of Digital Risk Management Framewo in MUMBAI, MAHARASHTRA

Bid Publish Date

11-Apr-2025, 11:08 am

Bid End Date

02-May-2025, 5:00 pm

EMD

₹2,00,000

Value

₹40,00,000

Progress

Issue11-Apr-2025, 11:08 am
Technical05-Feb-2025, 3:45 pm
Financial
AwardCompleted
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Quantity

1

Bid Type

Two Packet Bid

Categories 7

Public procurement opportunity for Bank Of Baroda Hiring of Consultants - Milestone/Deliverable Based - Validation of Digital Risk Management Framework; Risk Management, Cyber Security, IT security Expert; No; Onsite in MUMBAI, MAHARASHTRA. Quantity: 1 issued by. Submission Deadline: 02-05-2025 17: 00: 00. View full details and respond.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Hiring of Consultants - Milestone/Deliverable Based - Validation of Digital Risk Management Framework; Risk Management, Cyber Security, IT security Expert; No; Onsite

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTBANK OF BARODA

BID & GeM Expert Consultancy

End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.

Bid Preparation GeM Registration Document Filing

Free consultation · 24h response

Documents 7

GeM-Bidding-7715889.pdf

Main Document

Scope Of Work Document

SCOPE_OF_WORK

Other Documents

OTHER

Payment Terms & Condition

PAYMENT

Technical Specification/Buyer Specification Document

TECHNICAL

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

Additional Doc 1 (Requested in ATC)

5

Additional Doc 2 (Requested in ATC)

6

Additional Doc 3 (Requested in ATC)

7

Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

8

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Corrigendum Updates

1 Update
#1

Update

24-Apr-2025

Technical Results

S.No Seller Date Status
1
Deloitte Touche Tohmatsu India LLP   Under PMA
02-05-2025 15:45:54
2
Ernst & Young LLP   Under PMA
02-05-2025 16:12:02
3
KPMG ASSURANCE AND CONSULTING SERVICES LLP   Under PMA
02-05-2025 15:53:59
4
NANGIA & CO LLP   Under PMA
02-05-2025 14:45:20
5
PRICEWATERHOUSECOOPERS PRIVATE LIMITED   Under PMA
02-05-2025 15:40:54
6
PROTIVITI INDIA MEMBER PRIVATE LIMITED   Under PMA
02-05-2025 16:17:41
7
QSEAP INFOTECH PRIVATE LIMITED   Under PMA
02-05-2025 16:11:09

Financial Results

Rank Seller Price Item
L1
Deloitte Touche Tohmatsu India LLP   Under PMA
Item Categories : Hiring of Consultants - Milestone/Deliverable Based - Validation of Digital Risk Management Framewo
L2
PRICEWATERHOUSECOOPERS PRIVATE LIMITED   Under PMA
Item Categories : Hiring of Consultants - Milestone/Deliverable Based - Validation of Digital Risk Management Framewo
L3
KPMG ASSURANCE AND CONSULTING SERVICES LLP   Under PMA
Item Categories : Hiring of Consultants - Milestone/Deliverable Based - Validation of Digital Risk Management Framewo

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

What are the eligibility requirements for the tender?

The eligibility requirements include being a registered entity with proven experience in risk management and cybersecurity. Bidders must have a minimum of 5 years of experience in relevant consultancy roles and demonstrate technical expertise through relevant certifications such as CISSP or CISM. Additionally, bidders should showcase previous successful projects related to digital risk management to qualify for this tender.

What certificates are required to participate in the tender?

To effectively participate in the tender, bidders are required to provide certificates that validate their expertise in risk management, cybersecurity, and IT security. This includes certifications from recognized bodies that indicate knowledge and proficiency in establishing digital risk frameworks. Moreover, proof of past projects and financial stability documentation is essential for a complete submission.

What is the registration process for participating in this tender?

The registration process involves creating an account on the government procurement portal where the tender is published. Bidders should complete the designated application form, submit necessary documents that fulfill the eligibility requirements, and comply with the outlined submission standards. Detailed guidance on the registration procedure can be found on the portal's support page, ensuring a smooth onboarding for participants.

What are the payment terms associated with the tender?

Payment terms for the tender are typically structured around milestones associated with the deliverables outlined in the project scope. Bidders should specify their proposed payment schedule in the financial proposal, detailing any upfront costs, interim payments, and final settlements contingent upon the acceptance of deliverables. Adherence to specific compliance and quality standards may also influence payment release timelines.

What compliance requirements must bidders adhere to for the tender?

Bidder compliance requirements include adherence to relevant local regulations regarding cybersecurity and data protection, integration of Make in India policies, and adherence to sustainability practices promoted by the government. Additionally, bidders must comply with local content regulations and demonstrate commitment towards inclusivity by involving MSEs or startups in their project plan. Regular audits and quality assurance measures should also be outlined in the proposals submitted for the tender.