Indian Institute Of Information Technology IIIT Hiring of Consultants Milestone Deliverables Chartered Accountants Hybrid 2025

Tender Overview

Organization: Indian Institute Of Information Technology (IIIT) under the Department Of Higher Education. Service category: Hiring of Consultants on milestone/deliverable basis for Chartered Accountants with hybrid engagement. Estimated value: ₹5,00,000. Location: Not specified; project delivery requires an on-site presence in the consignee state. Scope:聘 Provide financial advisory, audits, and milestone-based deliverables as per scope of work. Key differentiator: Hybrid model and a 25% quantity/duration flex option at contract issue and post-issue, with explicit excess settlement provisions governing add-ons.

• Unique clauses include service office presence in the consignee state and mandatory submission of specified certificates.
• Tender emphasizes past experience proof through multiple acceptable document formats and single-point liability for performance with subcontracting consent.
• The procurement targets CA consultants capable of milestone-driven deliverables and robust documentation.

Technical Specifications & Requirements

• Role: Chartered Accountant consultant delivering milestones/deliverables under a hybrid engagement model.
• Contractual flexibility: Quantity or duration may be adjusted up to 25% at contract issue and again post-issue.
• Excess settlement: Service providers may include extra charges up to a specified percentage of item-level total value; required to declare applicability during invoice creation.
• Evidence of financial health: Bidder must upload an undertaking confirming non-liquidation or bankruptcy status.
• Office requirement: An office of the service provider must be located in the state of consignee with documentary evidence.
• Past experience proof: Acceptable documents include contract copies with invoices and client certifications.
• EMD/price details: EMD amount not specified; estimated value is ₹5 Lakh; bidders should anticipate standard bid submission documents.
• Compliance: Upload of all certificates/documents sought in the ATC/Corrigendum is mandatory.

Terms, Conditions & Eligibility

• EMD: Not explicitly stated; ensure readiness to submit per ATC.
• Delivery/Timeline: Milestone/deliverable based with flex up to 25% as per contract terms.
• Payment terms: Not specified; ensure clarity during bid submission.
• Experience: Past project experience required; acceptable proofs include client certificates and invoices.
• Sub-contracting: Sub-contracting requires prior written consent from buyer; joint and several liability remains with the primary seller.
• Office presence: Service provider must maintain an office in the consignee state with documentary evidence.
• Documents: Upload mandatory certificates and documents as per ATC; non-compliance may lead to rejection.