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GEM

Contract Bidding Open For Hiring of Agency for IT Projects- Milestone basis

Bid Publish Date

06-Nov-2024, 4:40 pm

Bid End Date

26-Dec-2024, 3:00 pm

Value

₹12,00,00,000

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Progress

RA
Issue06-Nov-2024, 4:40 pm
Reverse AuctionCompleted
AwardCompleted
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Quantity

1

Bid Type

Two Packet Bid

Small Industries Development Bank Of India (sidbi) invites bids for Hiring of Agency for IT Projects- Milestone basis. Quantity: 1. Submission Deadline: 26-12-2024 15: 00: 00. Submit your proposal before the deadline.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

Hiring of Agency for IT Projects- Milestone basis

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTSMALL INDUSTRIES DEVELOPMENT BANK OF INDIA

BID & GeM Expert Consultancy

End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.

Bid Preparation GeM Registration Document Filing

Free consultation · 24h response

Documents 6

GeM-Bidding-6931018.pdf

Main Document

Scope Of Work Document

SCOPE_OF_WORK

Payment Terms & Condition

PAYMENT

Technical Specification/Buyer Specification Document

TECHNICAL

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Union Bank Of India (ubi)

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Posted: 26 May 2025
Closed: 13 June 2025
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Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

OEM Authorization Certificate *In case any bidder is seeking exemption from Experience / Turnover Criteria

5

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Corrigendum Updates

3 Updates
#1

Update

16-Dec-2024

Extended Deadline

26-Dec-2024, 3:00 pm

Opening Date

26-Dec-2024, 3:30 pm

#2

Update

26-Nov-2024
#3

Update

26-Nov-2024

Extended Deadline

16-Dec-2024, 3:00 pm

Opening Date

16-Dec-2024, 3:30 pm

Reverse Auction Schedule

Completed

Start

28-Feb-2025, 6:00 pm

End

03-Mar-2025, 10:00 am

Duration: 64 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Date Status
1
DUALSYS TECHNO LLP   Under PMA
26-12-2024 13:47:03
2
GRAPES TELECOM PRIVATE LIMITED   Under PMA
26-12-2024 14:44:32
3
VIBS INFOSOL PRIVATE LIMITED   Under PMA
26-12-2024 14:19:12

Reverse Auction Results Final Prices

These are the final prices after the reverse auction event. Prices may be lower than initial bids.

Rank Seller Final Price Item
L1VIBS INFOSOL PRIVATE LIMITED   Under PMA Winner ₹16,04,50,000Item Categories : Hiring of Agency for IT Projects- Milestone basis
L2GRAPES TELECOM PRIVATE LIMITED   Under PMA₹16,06,50,000Item Categories : Hiring of Agency for IT Projects- Milestone basis

🎉 L1 Winner

VIBS INFOSOL PRIVATE LIMITED   Under PMA

Final Price: ₹16,04,50,000

Frequently Asked Questions

What are the eligibility requirements for GEM/2024/B/5423092?

The eligibility requirements include being a registered entity and providing proof of a minimum average annual turnover of 1000 Lakhs. Additionally, bidders must have at least 5 years of past experience in IT project management. Specific certifications, such as the OEM authorization certificate, may also be required.

What certifications are required for participation in the tender?

Participants must provide various required certificates, including the OEM authorization certificate and any documentation that supports eligibility if exemptions from experience or turnover criteria are sought. These documents help establish credibility and compliance with technical and financial requirements.

How is the registration process for bidders conducted?

The registration process involves submitting comprehensive documentation demonstrating the business's eligibility, including financial statements, experience details, and required certifications. Interested bidders must comply with the specific submission formats outlined in the tender documents.

What document formats are accepted during the submission?

Bidders are expected to adhere to submission formats specified in the tender documents, typically including PDF or Word formats. All documents must be clearly legible and organized to facilitate the evaluation process.

What are the technical specifications required for the bid?

Technical specifications required for the bid include compliance with quality standards, adherence to provided guidelines, and proposals demonstrating the ability to meet project milestones effectively. Bidders must ensure that their submissions reflect an understanding of and capability to address these requirements.

What quality standards must be adhered to?

All proposals must comply with the quality standards set forth in the tender documents. These standards ensure that the services delivered meet governmental guidelines and industry best practices, thereby guaranteeing project efficacy and reliability.

Are there compliance requirements associated with this tender?

Yes, bidders are required to comply with specific governmental procurement regulations and policies, including adherence to performance security requirements established by the Department of Financial Services.

What are the criteria for testing during the evaluation phase?

The evaluation phase will include testing various aspects of the submitted proposals, including the technical compliance, the financial viability of the bid, and the overall alignment with project requirements as outlined in the scope of work.

What is the Earnest Money Deposit (EMD) requirement?

Detailed instructions regarding the Earnest Money Deposit (EMD) will be specified in the tender documents. Typically, the EMD serves as a financial guarantee and ensures that bidders are serious about their proposals.

What are the performance security requirements for the selected bid?

Performance security requirements are defined in the tender documentation and typically involve providing a financial guarantee that ensures the successful execution of the contract by the bidder, in alignment with project deliverables and timelines.

What payment terms must be observed?

Payment terms specified in the tender documents will outline the schedule and conditions under which payments will be made following the delivery of services based on identified milestones.

How are price evaluations conducted?

Price evaluations are conducted using a total value-wise evaluation method where the overall pricing structure, along with technical merits, will influence the decision-making process.

What submission methods are allowed?

Submission methods include online uploads using the designated platforms as defined in the tender documentation. Bidders are required to ensure all documents are submitted within the prescribed guidelines.

Are there key timelines or deadlines to be aware of?

Detailed key timelines and deadlines for submission and bid evaluation will be provided in the tender documents, and bidders should closely monitor these to ensure compliance.

How will the evaluation and selection process unfold?

The evaluation and selection process will consist of a thorough review of all submitted proposals against the outlined criteria, including technical qualifications, financial proposals, and compliance with Government regulations.

How will bidders be notified of results?

Notifications regarding the outcomes of the evaluation and selection process will follow the conclusion of assessment phases, and further guidance will be given according to the protocols set by the Department of Financial Services.

What benefits are available for Micro, Small, and Medium Enterprises (MSEs)?

MSEs may benefit from exemptions in certain criteria, such as prior experience and minimum turnover, according to stipulations outlined in the tender documents. This inclusion aims to promote participation from diverse businesses.

What provisions are in place for startups?

Startups are also afforded special provisions that may include exemptions from certain requirements, promoting inclusivity in the bidding process and fostering innovation within government procurement.

How does the tender align with 'Make in India' policies?

The tender supports the 'Make in India' initiative by encouraging local sourcing and participation from Indian entities, aligning procurement practices with national priorities.

What guidance is provided regarding local content and procurement rules?

Detailed guidance on local content and procurement rules is outlined in the tender documents. Bidders are encouraged to review these regulations to ensure their proposals align with governmental expectations.

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