Hiring of Consultants - Milestone/Deliverable Based - Subject Matter Experts; Legal, Lender Legal C
Rural Electrification Corporation Limited
GURGAON, HARYANA
Posted:
16 May 2025
Closed:
22 May 2025
GEM
Tender Overview
Power Finance Corporation Limited invites bids for Hiring of Consultants on a milestone/deliverable basis, focusing on Legal Subject Matter Expert services in a hybrid scope. The procurement targets experienced professionals to deliver scoped milestones under a flexible contract, with the possibility of quantity or duration adjustments up to 25% at contract issuance and post-issuance. An ATC document has been uploaded by the buyer, signalling compliance and project-specific terms. The absence of BOQ items indicates a consulting services framework rather than tangible goods, with an emphasis on deliverables and governance. Bidders should prepare for potential scope refinement aligned with the organization’s project milestones and regulatory requirements. This tender targets specialized legal advisory capabilities within the power sector procurement landscape, balancing advisory depth with delivery cadence.
Technical Specifications & Requirements
- Product/Service: Hiring of Consultants (Milestone/Deliverable Based) for Legal Subject Matter Expert roles; Hybrid scope per scope of work.
- Quantities/Value: No BOQ items; Estimated value and quantity details are not disclosed.
- Standards/Compliance: No explicit technical standards listed in the tender data; reference to standard ATC document uploaded by buyer.
- Delivery/Scope: Deliverables as per milestone-based scope; potential 25% quantity/duration adjustment at issue and post-issuance; excess settlement allowed with declared charges during invoicing up to a defined percentage.
- Impactful Clauses: Excess Settlement provision enables additional charges up to a specified percentage; mandatory accompanying documents at invoicing.
- Install/Location: No specific location details provided in the tender data; location to be clarified in the ATC.
- Experience/Capability: Requires qualified legal subject matter experts; no explicit years specified in the data provided.
Terms, Conditions & Eligibility
- EMD: Not disclosed in tender data.
- Delivery Timeline: Not specified; terms indicate milestone-driven delivery with scope adjustments.
- Payment Terms: Not specified; ATC document may define terms.
- Documents: ATC document available; standard bidder submissions likely include GST, PAN, experience certificates, and technical bid documents.
- Warranty/Penalties: Not specified; penalties or LD not described in available data.
- Contractual Adjustments: 25% up/down adjustment in quantity or duration; excess settlement allowed with documentation.
- Eligibility: Experience in similar consulting engagements likely required; details to be clarified in ATC and tender terms.
