Urban Development And Housing Department Bihar financial advisory services tender Madhubani 2026 - Offsite Financial Modelling & EMD ₹40k
Progress
Key Highlights
- • Organization: Urban Development And Housing Department Bihar
- • Location: Madhubani, Bihar 847102
- • Category: Financial Advisory Services - Offsite; Financial Modelling
- • Estimated Value: ₹2,400,000 with EMD ₹40,000
- • Variation clause: 25% up/down in quantity or duration; lumpsum scope adjustments allowed
- • Local presence: office in Bihar required; documentary evidence needed
- • Dedicated toll-free support required for service delivery
- • Non-obsolescence clause: offering must have at least 5 years residual market life
Tender Overview
The Urban Development And Housing Department Bihar invites bids for Financial Advisory Services - Offsite and Financial Modelling to support project finance and economic analyses in MADHUBANI, BIHAR 847102. Estimated contract value around ₹2,400,000 with an EMD of ₹40,000. The award will consider continuity of service with a 25% quantity or duration variation allowed at contract issuance and post-award, subject to provider consent for lumpsum work. The bidder must ensure non-obsolescence of deliverables and maintain dedicated support channels. The service provider must maintain a local office within the state for effective operations and client responsiveness, aligning with state procurement expectations. This tender prioritizes compliant, uninterrupted financial advisory and modelling capabilities, with emphasis on post-award adjustment flexibility and on-ground service availability.
Technical Specifications & Requirements
- Service category: Offsite Financial Advisory Services and Financial Modelling
- Estimated contract value: ₹2,400,000; EMD: ₹40,000
- Variation: contract quantity/duration may increase up to 25% with consent; scope adjustments allowed for lumpsum engagements
- Eligibility: bidder must be able to operate an office within Bihar; dedicated toll-free/service support line required
- Compliance: bidders must provide all certificates/documents as per bid, ATC, and corrigenda; non-obsolete products/services with at least 5 years residual life implied by the buyer terms
- Documentation: necessary certifications and financial capability proof to be submitted with bid
- Category alignment: ensure readiness for financial advisory and modelling outputs tailored to urban development projects in district-level contexts
- Risk & continuity: emphasis on service continuity, governance, and clear escalation channels
Terms, Conditions & Eligibility
- EMD: ₹40,000 to be submitted with bid
- Office requirement: service provider must maintain a local office in Bihar; documentary evidence to be submitted
- Obsolescence clause: offer must include only services/products with minimum 5 years residual market life as per supplier commitment
- Certificates: all required certificates/documents must be uploaded; failure leads to rejection
- Support: bidder must provide dedicated/toll-free service support number
- Quantity/duration variation: up to 25% increase/decrease at contract issue; post-award variation requires consent
- Payment terms: (not specified in data) bidders should prepare for standard procurement payment norms; confirm during bid submission
- Warranty/AMC: not specified; verify during ATC/corrigendum review
Key Specifications
-
Service category: Offsite financial advisory and financial modelling
-
Estimated contract value: ₹2,400,000; EMD: ₹40,000
-
Variation allowance: up to 25% in quantity/duration with consent
-
Mandatory local presence: Bihar office; documentary evidence
-
Certification/compliance: full bid document certificates; non-obsolescence 5+ years residual life
Terms & Conditions
-
EMD of ₹40,000 to be submitted with bid
-
25% variation in quantity or duration permitted
-
Office must be located in Bihar; evidence required
Important Clauses
Payment Terms
Not explicitly detailed in data; bidders should expect standard government procurement payment terms and verify during ATC review
Delivery Schedule
No explicit delivery timeline provided; bidders must confirm milestones and reporting cadence during bid clarification
Penalties/Liquidated Damages
No LD details provided; penalties, if any, to be clarified in ATC and contract
Bidder Eligibility
-
Civil/legal feasibility to operate in Bihar with local office evidence
-
Financial capability to manage ₹2.4 million contract value
-
Compliance with certificates and non-obsolescence clauses
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
50% Lowest Priced Technically Qualified Bidders
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
Yes
MII Compliance
Yes
MSE Purchase Preference
No
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
20
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Financial Advisory Services - Offsite; Financial Modelling
Advisory Bank
State Bank of India
Payment Timelines
Payments shall be made to the Seller within 10 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
Supaul
Delivery Pincodes
847452
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Gaurav Kumar | 847452,NAGAR PANCHAYAT NIRMALI, SUPAUL, BIHAR | Supaul | Bihar | 847452 | Project / Lumpsum Based | - | - |
Authority Records
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Documents 5
GeM-Bidding-10108806.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
9
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates demonstrating financial advisory/modelling work
Audited financial statements or financial stability documents
EMD payment receipt or online deposit proof
Technical bid documents and certificates
OEM authorizations or applicable supplier certifications
Proof of local Bihar office or documentary evidence of planned setup
Frequently Asked Questions
Key insights about BIHAR tender market
How to bid for financial advisory services tender in Bihar 2026?
Bidders should review the UD&H Department Bihar ATC, prepare certificates, undertake EMD of ₹40,000, and demonstrate Bihar office presence. Include offsite modelling capabilities and tailored urban development analytics. Ensure non-obsolescence commitment and keep bid within the ₹2.4 million estimated value.
What documents are required for the Bihar financial modelling bid in Madhubani?
Submit GST and PAN, audited financials, experience certificates, EMD proof, technical bid documents, certifications, and evidence of a Bihar office. Ensure OEM authorizations if applicable and any ATC-specific certificates requested in corrigenda.
What are the essential standards or certifications for this tender in Bihar?
The tender requires certificates specified in the ATC; ensure non-obsolescence with 5+ years residual market life. Maintain dedicated toll-free service support and, if applicable, any organization-specific compliance documents mentioned in the bid.
When is the bid submission deadline for this Madhubani tender?
Not explicitly stated in available data; bidders should monitor the portal for updates and respond promptly to ATC and corrigenda. Prepare all documents in advance to avoid last-minute issues.
What is the EMD amount for the Bihar financial advisory bid?
The EMD amount is ₹40,000. Eligible bidders must submit this alongside the bid as a security deposit via online payment or as specified in the tender portal instructions.
What is the scope variation allowed in this Bihar procurement?
Contract quantity or duration may be increased or decreased by up to 25% at contract issue; longer-term adjustments post-award require the service provider’s consent, especially for lumpsum engagements.
What are the service support requirements for this Bihar tender?
Bidders must offer a dedicated toll-free service support number and maintain a Bihar-based office with documentary evidence to ensure prompt issue resolution and on-ground coordination.
What should bidders prepare regarding delivery and milestones for this tender?
Since explicit delivery milestones are not provided, bidders should propose a detailed delivery plan with milestones, reporting cadence, and acceptance criteria in the technical bid, aligned to urban development project needs.