Invitation to Bid - Financial Advisory Services - Onsite; Actuary Service in CHANDIGARH, CHANDIGARH
Bid Publish Date
02-Apr-2025, 5:32 pm
Bid End Date
12-Apr-2025, 6:00 pm
Value
₹54,000
Location
Progress
N/a has released a public tender for Financial Advisory Services - Onsite; Actuary Service in CHANDIGARH, CHANDIGARH. Quantity: 1. Submission Deadline: 12-04-2025 18: 00: 00. Download documents and apply online.
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
3 Days
Requirements
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
No
Item Category
Financial Advisory Services - Onsite; Actuary Service
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Documents 5
GeM-Bidding-7702093.pdf
Main Document
Scope Of Work Document
SCOPE_OF_WORK
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
Additional Doc 1 (Requested in ATC) *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
Frequently Asked Questions
Key insights about CHANDIGARH tender market
What are the eligibility requirements for Financial Advisory Services?
The eligibility requirements for participating in this tender include being a registered entity with proven experience in providing financial advisory and actuary services. Bidders must also meet the compliance standards as set by the issuing authority. The tender encourages participation from Micro, Small, and Medium Enterprises (MSEs), allowing for a broader scope of competition.
What types of certificates are required to participate in the tender?
Bidders must present various certificates that demonstrate their capability and compliance with industry standards. Key documents may include registration certificates, financial statements, and any relevant certifications that validate the expertise in financial advisory practices. Proper documentation is crucial in showcasing the bidder's credibility and operational capability.
What is the submission method for the tender’s documentation?
The submission method for the tender documentation must comply with the specified guidelines outlined in the tender. Bidders are required to submit their proposals in the prescribed format electronically through the designated platform, ensuring all documentation is complete and submitted within the given timeframe.
What is the purpose of the Earnest Money Deposit (EMD) in this tender?
The Earnest Money Deposit (EMD) is a security deposit that confirms the bidder's intention to participate seriously in the tender. It mitigates the risk for the Ministry of Law and Justice by ensuring that only genuine bidders engage in the process. The EMD amount and submission guidelines will be specified in the tender documentation.
How will the proposals be evaluated, and what factors will be considered?
The evaluation process will focus on assessing both the technical and financial aspects of submitted proposals. Factors include proposal quality, pricing, past performance, and the bidder's ability to meet the project's technical specifications. A balanced approach is employed to ensure that the selected vendor aligns with the Department's operational and financial objectives.