Contract Bidding Open For Hiring of Consultants - Milestone/Deliverable Based - Subject Matter Experts; Consultant for review in MUMBAI, MAHARASHTRA

The eligibility requirements include being a registered entity, possessing a minimum average annual turnover of 200 Lakh over the last three years, and having at least 5 years of experience in similar services. MSEs and startups are exempt from these criteria.

The required documents include experience criteria, bidder turnover certifications, and any necessary certificates as requested in the bid. Supporting documents for exemption claims should also be uploaded.

To participate in this tender, bidders must be registered entities on the GEM platform. They need to log in, find the specific tender, and submit the required documents electronically.

Bidders are expected to submit documents in digital format as specified in the bid document. Hard copies may not be required unless stipulated otherwise.

Technical specifications require bidders to demonstrate expertise in operational risk management. A detailed proposal showcasing consultancy capabilities and past experience is essential.

Bidders must comply with established quality standards as described in the tender documents to qualify for evaluation. This includes providing evidence of previous successful engagements.

Bidders must ensure compliance with the criteria set forth in the invitation to tender, including transparency in financial documentation and adherence to operational risk management standards.

The evaluation involves assessing past performance and the quality of proposed methodologies as outlined in the tender documents. A presentation might be required during the evaluation process.

Bidders must submit an EMD of 70,000 to secure their bid submission. Exemptions apply to MSEs under specific categories.

A performance bank guarantee of 5% of the contract value is required, with a duration of 9 months to secure performance.

Payment terms are outlined in the bid documentation and will depend on milestone deliverables as verification for services rendered.

Price evaluation will be part of the total value-wise evaluation, considering the financial proposal submitted alongside the technical assessment.

Proposals must be submitted electronically through the GEM portal as part of the prescribed bidding process, ensuring all required documents are uploaded correctly.

Specific timelines for submission and evaluation are outlined in the bid document. Bidders should refer to these dates for aligning their submission schedules.

Bidders will be informed of the results through the GEM platform and are encouraged to check their status regularly after the bid evaluation concludes.

MSEs benefit from exemptions regarding years of experience and turnover criteria for this tender, facilitating greater inclusivity in government procurement.

Startups are similarly exempt from certain requirements related to experience and turnover, allowing for broader participation in this bidding process.