Progress
N/a invites bids for Hiring of Agency for IT Projects- Milestone basis in BANGALORE, KARNATAKA. Quantity: 1. Submission Deadline: 14-02-2025 13: 00: 00. Submit your proposal before the deadline.
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | VENTUREIT GLOBAL SOLUTIONS PRIVATE LIMITED( MSE Social Category:OBC ) Under PMA | Item Categories : Hiring of Agency for IT Projects- Milestone basis | |
| L2 | LIBRA MANAGEMENT SERVICES PRIVATE LIMITED( MSE Social Category:General ) Under PMA | Item Categories : Hiring of Agency for IT Projects- Milestone basis | |
| L3 | NILA MANTEK( MSE Social Category:OBC ) Under PMA | Item Categories : Hiring of Agency for IT Projects- Milestone basis | |
| L4 | QUICK SPACE ENTERPRISES( MSE Social Category:General ) Under PMA | Item Categories : Hiring of Agency for IT Projects- Milestone basis |
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Quantity
1
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Min. Avg. Annual Turnover
300
Arbitration Clause
No
Mediation Clause
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Hiring of Agency for IT Projects- Milestone basis
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Main Document
Referenced Document
Referenced Document
Referenced Document
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Key insights about KARNATAKA tender market
The eligibility requirements include being a registered entity, achieving a minimum average annual turnover of INR 300 Lakhs over the last three financial years, and having at least 1 year of relevant prior experience in IT projects. Moreover, eligible small businesses can take advantage of provisions allowing for exemptions from experience criteria, provided supporting documentation is submitted for assessment.
Participants in this tender must comply with the specified technical specifications stated in the bidding documents. Requirements may include having relevant experience, holding an OEM Authorization Certificate, and submitting any other necessary certificates indicated in the Additional Terms and Conditions (ATC). Bidders seeking exemption from experience criteria must submit appropriate certification documents for evaluation.
The payment terms stipulate that bids must hinge on milestone completions of the IT deliverables. Detailed payment structures, including conditions for payment release and milestone definitions, can be found in the bidding documents attached. Bidders should thoroughly review this section to ensure alignment with project and financial expectations.
The evaluation process will be carried out using a total value-wise evaluation framework, accounting for both technical proficiency and financial bid compliance. Bidders are assessed on their previous experience, capabilities, and the quality of submitted documents. A structured evaluation will take place to select a qualified agency that best meets the requirements specified in the tender documents.
Yes, the tender includes specific benefits for Micro, Small, and Medium Enterprises (MSEs) and startups. These entities can seek exemptions from experience requirements. To avail these benefits, supporting documentation must be submitted with their bids to establish eligibility. Further provisions and incentives aimed at promoting local businesses are also highlighted in specific tender terms.