Bids are Invited For Hiring of Consultants - Milestone/Deliverable Based - Subject Matter Experts; Finance& Accounts; No

The eligibility requirements include being a registered entity compliant with regulatory standards. Bidders must demonstrate relevant experience through documentation of previous engagements in similar consulting roles, as well as provide financial records or statements to illustrate turnover. It is critical to meet any additional conditions outlined in the tender documents to qualify.

Participating bidders must submit several required certificates, including proof of previous consulting experience, business turnover documents, necessary registrations, and unique certifications required by the ATC (Additional Terms and Conditions). Each document must be valid and relevant to the specific consulting services being offered.

The registration process involves signing up on the e-procurement platform where the tender is listed. Bidders need to ensure their profiles are complete with necessary credentials, valid certifications, and documented evidence of their consulting expertise before submitting any bids.

The accepted document formats for submission typically include PDF, Word documents, and scanned images of physical certifications. Each submission must be clear and legible to facilitate proper evaluation by the tender committee.

The technical specifications required for this tender include the qualifications of proposed consultants, evidence of successful projects related to finance and accounts, and the ability to meet the outlined project deliverables. Detailed descriptions of experience and evidence of capability in the finance sector are pivotal.

Bidders must conform to established quality standards in the delivery of consulting services. These standards may include adherence to project milestones, deliverable excellence, and overall compliance with the Department of Financial Services' operational policies.

Yes, all bidders must adhere to compliance requirements stipulated in the tender documents. This includes meeting local regulations, industry standards in finance, and providing evidence of governance compliance throughout the lifecycle of the contract.

Proposals will be tested based on their adherence to the requirements specified in the scope of work and the qualifications of the consultants. The testing criteria also include the evaluation of past performance, financial stability, and the proposed approach to fulfilling project deliverables.

The EMD details will be outlined in the tender document, requiring bidders to submit a fixed amount as a security deposit along with their proposals. This serves to confirm the bidder's commitment and ensures that no frivolous bids are submitted.

A performance security is typically required, which ensures that the bidder complies with the contract terms. The specifics regarding the amount and form of this security will be detailed in the contractual agreements following successful bidding.

The payment terms will be based on milestone achievements as detailed in the tender documents. Bidders should familiarize themselves with specific deliverables tied to payment schedules to ensure compliance with the payment process.

Price evaluation will consider the total bid value, examining the proposed costs against the quality of services offered. This may include a comparison of pricing against deliverable quality and bidder qualifications.

Bids must be submitted electronically through the specified procurement platform. Late submissions or failure to meet the prescribed submission method outlined in the tender documents may lead to disqualification.

Bidders are expected to adhere to all specified key timelines and deadlines outlined in the tender documents. It is crucial to track all proposal submission dates and project milestones accurately to ensure compliance.

The evaluation and selection process will involve a detailed review of submitted proposals against the criteria stipulated in the tender documents. The process aims to identify the bid that best delivers value and meets the department's requirements for the consulting services needed.

Bidders will be officially notified of results through the e-procurement platform following the conclusion of the evaluation period. Notifications will include details on successful bids and specific feedback where applicable.