Custom Bid for Services - Appointment of consultant for segregation of GPF EPF liabilities from Cha
N/a
CHANDIGARH, CHANDIGARH
Bid Publish Date
11-Feb-2025, 7:42 pm
Bid End Date
11-Mar-2025, 9:00 am
EMD
₹20,000
Value
₹10,00,000
Location
Progress
Quantity
1
Bid Type
Two Packet Bid
A tender has been published for N/a Custom Bid for Services - Appointment of consultant for segregation of GPF EPF liabilities from Chandigarh Electricity Employees Master Trust and formation registration of another trust for GPF EPF liabilities along with maintaining both trusts for. . in CHANDIGARH, CHANDIGARH. Quantity: 1 by. Submission Deadline: 11-03-2025 09: 00: 00. Check eligibility and apply.
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Custom Bid for Services - Appointment of consultant for segregation of GPF EPF liabilities from Chandigarh Electricity Employees Master Trust and formation registration of another trust for GPF EPF liabilities along with maintaining both trusts for ..
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CHANDIGARH, CHANDIGARH
Engineers India Limited
WEST DELHI, DELHI
Sjvn Limited
Remc Limited
WEST DELHI, DELHI
Engineers India Limited
SOUTH DELHI, DELHI
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Experience Criteria
Bidder Turnover
Certificate (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
Extended Deadline
11-Mar-2025, 9:00 am
Opening Date
11-Mar-2025, 9:30 am
Key insights about CHANDIGARH tender market
The eligibility requirements include being a registered entity with a proven track record in financial consultancy services related to trust management. Bidders must submit the Experience Criteria and Bidder Turnover documentation. If a bidder seeks exemption regarding experience or turnover criteria, they must provide substantial supporting documents for evaluation. This demonstrates the bidder's capability to fulfill the obligations set forth in the tender.
Bidders are expected to fulfill technical specifications focused on financial management related to GPF and EPF schemes. This includes compliance with relevant laws, industry standards, and demonstrating expertise in trust management. The bidder must include documentation that meets the quality standards for trust management and submit evidence of previous successful engagements in similar financial projects.
The Earnest Money Deposit (EMD) required for this tender is set at INR 20,000. This deposit must be submitted at the time of bid submission. The EMD is crucial in ensuring the seriousness of the bid and will be refunded to unsuccessful bidders after the conclusion of the tender evaluation process. The selected consultant will have the EMD terms detailed in their final contract.
Bids must be submitted electronically via the mandated procurement portal, ensuring that all required documents are uploaded in the correct accepted formats. Documentation must include experience criteria, bidder turnover, and any certificates needed as per the tender guidelines. Bidders should adhere to all instructions outlined in the Instruction to Bidder document linked in the tender announcement.
Micro, Small, and Medium Enterprises (MSEs) and startups can take advantage of special provisions that encourage their participation. These provisions may include exemption criteria for previous experience or turnover, thereby enhancing opportunities for local businesses. Additionally, compliance with 'Make in India' policies is favored, promoting local content and procurement rules while supporting the overall development of small businesses.
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