Andaman & Nicobar Electricity Department Financial Advisory Services Tender 2026 - IS/Regulatory & Tariff Filings 2026
Bid Publish Date
10-Oct-2026, 11:36 am
Bid End Date
26-Oct-2026, 11:00 am
EMD
₹54,000
Value
₹27,00,000
Progress
Key Highlights
- • Security: EMD ₹54,000; FDR-based EMD accepted with pledge to Assistant Accounts Officer, C Vidyut Bhawan, Andaman & Nicobar Islands
- • Scope: offsite financial advisory, financial accounting, asset management, business planning, regulatory & tariff filings
- • Adjustment clause: up to 25% increase/decrease in quantity or contract duration at contract issue and during execution
- • Delivery of FDR: hard copy within 15 days of award; scanned copy uploaded with bid
- • Payment terms not specified; rely on standard GeM/Government purchase terms
Tender Overview
The Andaman and Nicobar Islands Electricity Department seeks offsite financial advisory and related services, encompassing financial accounting, asset management, business planning, regulatory filings, and tariff-related queries. Estimated contract value: ₹2,700,000 with an EMD of ₹54,000. Work location: Andaman & Nicobar Islands; scope includes multi-disciplinary financial services for regulatory and tariff processes. The tender includes a 25% quantity/duration adjustment option at contract issuance and during execution, with mandatory acceptance of revised scope. Emphasis on compliance with attached certificates and submitting required bid documents.
Technical Specifications & Requirements
- No product-specific technical specs are published; evaluation hinges on bidder capability to deliver comprehensive financial advisory and regulatory support.
- Key implicit requirements: experience in financial advisory for government departments, capability to handle asset management, and ability to manage offsite accounting and tariff filings.
- Financial metrics: estimated value ₹2,700,000; EMD ₹54,000; potential scope variation up to 25%.
- EMD/PBG options include submission via fixed deposit receipts (FDR) pledged to the Assistant Accounts Officer, Vidyut Bhawan, A&N Administration, with specific endorsement and delivery terms.
- EMD/FDR submission deadlines require scanned copies with bid and hardcopy delivery within 5 days (for EMD) and 15 days (for original FDR post-award).
Terms, Conditions & Eligibility
- Amounts and security: EMD ₹54,000; FDR-based security acceptable; PBG optional per GeM terms.
- Delivery terms: 25% scope increase/decrease allowed; formal acceptance required if scope changes.
- Documentation: upload all required certificates/documents as specified; non-submission leads to rejection.
- FDR submission: hardcopy required within 15 days of award; online copy uploaded with bid.
- Registration and eligibility: compliance with tender terms, GST/PAN as applicable, and evidence of prior admissible experience in financial advisory services for government or utility sectors.
Key Specifications
-
Estimated contract value: ₹2,700,000
-
EMD amount: ₹54,000
-
Scope variation: up to 25%
-
EMD/FDR submission: FDR pledged in favor of A.A.O. (C) Vidyut Bhawan, Sri Vijaya Puram, Andaman & Nicobar Islands
-
Delivery of hard copies: EMD hardcopy within 5 days of bid end/open date; original FDR within 15 days of award
-
Category: Financial Advisory Services including offsite accounting, asset management, business planning, regulatory filings
Terms & Conditions
-
EMD of ₹54,000 required; FDR acceptable with pledge to the specified A.O.; upload scanned copy
-
Scope can increase/decrease up to 25% at contract issue and execution with bidder consent
-
Hard copies of EMD/FDR to be delivered within days specified; post-award originals within 15 days
Important Clauses
Payment Terms
No explicit payment schedule provided; bidders should anticipate standard government procurement terms and GeM guidelines for release
Delivery Schedule
25% flexibility in scope/duration; formal acceptance required for any changes; ensure compliance with FDR submission timelines
Penalties/Liquidated Damages
Not specified in provided data; bidders should reference standard contract terms for delays and performance penalties
Bidder Eligibility
-
Proven experience in financial advisory, offsite accounting, and regulatory tariff filings for government/utility sectors
-
Valid GST registration and PAN card
-
Ability to furnish EMD via online payment or compliant FDR
-
Compliance with certificate submissions and bid document requirements
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
90 (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
Yes
Startup Exemption/Relaxation
Yes
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
9
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 Accounting, Asset Management, Business Planning, Queries Regulatory & Tariff Filings
Advisory Bank
State Bank of India
ePBG Percentage
5%
ePBG Duration (Months)
40
Delivery Details
Delivery Locations
1
Delivery Cities
South Andamans
Delivery Pincodes
744101
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| S. Suresh Kumar | 744101,Electricity Department, Vidyut Bhawan, Opp. Phoenix Bay Power House, South Andaman, Port Blair | South Andamans | Andaman And Nicobar Islands | 744101 | Project / Lumpsum Based | - | - |
Authority Records
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Documents 4
GeM-Bidding-9854517.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
10
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Required Documents
GST registration certificate
PAN card
Experience certificates detailing similar financial advisory engagements
Financial statements (audited) or equivalent
EMD submission proof (online receipt or bank guarantee) or FDR as specified
Technical bid documents and certificates sought in Bid Document, ATC and Corrigendum
OEM authorizations or agency certifications if applicable
Frequently Asked Questions
How to bid for financial advisory services tender in Andaman & Nicobar 2026?
Bidders must meet eligibility criteria including GST registration, PAN, and prior government sector experience. Submit EMD ₹54,000 or an acceptable FDR, upload all required certificates, and provide technical and financial bids. Ensure compliance with 25% scope variation clause and deliver hard copies of EMD/FDR within the specified timelines.
What documents are required for tender submission in Andaman & Nicobar electricity department?
Submit GST registration, PAN card, financial statements, experience certificates, EMD proof, technical bid documents, and OEM authorizations if applicable. Include scanned copies with bid and deliver hard copies of EMD/FDR within 5 and 15 days respectively after award, as per terms.
What is the EMD amount and acceptable submission method for this bid in 2026?
EMD is ₹54,000. Acceptable submission methods include online payment, or Fixed Deposit Receipt (FDR) pledged to the Assistant Accounts Officer (C), Vidyut Bhawan, with endorsement on the back and scanned proof uploaded with bid.
What is the scope variation allowed in the Andaman tender for financial services?
The buyer can increase or decrease contract quantity or duration by up to 25 percent at the time of issue and within the contract period, with bidder consent required for any scope expansion.
What are the delivery requirements for EMD/FDR after contract award?
Hard copy of EMD/FDR must be delivered within 5 days of bid end/open date; original FDR must be delivered within 15 days of award, with the FDR pledged in the buyer's favor and proper endorsement.
Which organization is responsible for this tender in 2026 and where located?
The tender is issued by the Electricity Department, Andaman & Nicobar Islands, for offsite financial advisory and related services in the Andaman & Nicobar Islands region.
What standards or certifications are required for eligibility in this bid?
While specific technical standards aren’t listed, bidders must provide relevant certificates as per the Bid Document, ATC, Corrigendum, and demonstrate experience in government financial advisory, accounting, and regulatory filings.