Hiring of Consultancy Services - Percentage based - Management Consultants, Technology Consultants;
Indian Army
THANE, MAHARASHTRA
Bid Publish Date
22-Nov-2025, 2:11 am
Bid End Date
15-Dec-2025, 11:00 am
Bid Opening Date
15-Dec-2025, 11:30 am
EMD
₹2,00,000
Value
₹2,00,00,000
Location
Progress
Quantity
1
Bid Type
Two Packet Bid
The Bank Of India, Department Of Financial Services, invites bids for consultancy services on a percentage-based model covering functional, management, subject-matter expert roles, investment promotion, capacity building, policy/regulatory, and strategy/management advisory. The estimated contract value is ₹20,000,000, with an EMD of ₹200,000. Location details indicate India with an office presence requirement in the consignee state. The procurement focuses on advisory and rollout services rather than discrete hardware or software delivery. The scope emphasizes professional expertise, project execution capabilities, and a robust governance/compliance posture. A unique aspect is the flexible consultancy mix across multiple domains under a single procurement umbrella, allowing bidders with broad capabilities to bid for multiple sub-areas under one contract.
Product/Service: Consultancy services (Functional, Management, SME, Investment Promotion, Capacity Building, Policy/Regulatory, Strategy & Rollout)
Estimated contract value: ₹20,000,000
EMD: ₹200,000
Engagement model: Percentage-based consultancy contracts
Location requirement: Service provider office in the state of consignee
Experience documentation: Contract copies, client attestations, and invoices with bidder self-certification
Standards/Certification: Not specified in data; rely on standard consultancy norms and client references
EMD amount fixed at ₹200,000; submit with bid as per terms
Past experience proof accepted via multiple document types (contracts, invoices, execution certificates)
Office presence requirement ensures local service delivery and compliance with state-level norms
Not explicitly defined in tender data; bidders should anticipate standard government consultancy milestones linked to deliverables and acceptance.
No explicit timeline provided; bidders must prepare a phased rollout plan aligned with project milestones and state-based governance.
No LD details in data; bidders should assume standard performance-based penalties and contract termination clauses typical to consultancy tenders.
Not under liquidation, bankruptcy, or court receivership
Demonstrable past consultancy experience across relevant domains
Office presence in the consignee state with documentary evidence
Indian Army
THANE, MAHARASHTRA
Indian Army
THANE, MAHARASHTRA
Indian Army
THANE, MAHARASHTRA
Indian Army
THANE, MAHARASHTRA
Indian Army
THANE, MAHARASHTRA
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GST registration certificate
Permanent Account Number (PAN) card
Past experience documents (contract copies, client execution certificates, invoices with self-certification)
Financial statements or evidence of financial stability
EMD submission document (₹200,000)
Technical bid documents and methodology for consultancy services
OEM authorizations or partner certifications (if applicable)
Proof of office presence in the state of consignee (documentary evidence)
Key insights about MAHARASHTRA tender market
Bidders must submit the EMD of ₹200,000 along with GST, PAN, and financials. Provide past experience via contract copies or client certificates. Ensure local office presence in the consignee state and attach self-certified invoices or execution certificates to demonstrate delivery capability.
Required documents include GST registration, PAN, financial statements, past project certificates (contracts with invoices or client execution certificates), EMD submission, technical bid, and evidence of office presence in the consignee state. OEM authorizations are optional but recommended for specialized advisory work.
The engagement is percentage-based across multiple consultancy domains: functional, management, SME, investment promotion, capacity building, policy/regulatory, and strategy rollout. Bidder should present a flexible delivery plan covering diverse advisory services under one contract.
The EMD required is ₹200,000. Ensure payment through approved channels and attach EMD receipt with the bid. The EMD safeguards against bid withdrawal and ensures bidder commitment through evaluation milestones.
Acceptable proofs include contract copies with invoices, execution certificates from clients, or third-party notes indicating service delivery. Self-certification by the bidder on invoices is permissible, provided documentation clearly links to deliverables.
Yes. The service provider must have an office in the state of the consignee; documentary evidence must be submitted. This ensures regional availability, attendance at state-level governance meetings, and timely consultancy support.
Estimated value is ₹20,000,000. This indicates a mid-to-large scale consultancy engagement; bidders should prepare a multi-domain staffing plan, rate cards for various services, and risk-adjusted delivery timelines to meet milestone targets.
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