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Department Of Agricultural Research And Education (DARE) Financial Advisory Services Tender Samastipur Bihar 2026

Bid Publish Date

13-Jan-2026, 6:13 pm

Bid End Date

23-Jan-2026, 7:00 pm

Location

SAMASTIPUR , BIHAR

Progress

Issue13-Jan-2026, 6:13 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • DARE requires onsite financial advisory services with financial management scope aligned to Bihar operations
  • • Contract initially for 1 financial year (2025-26) with renewal possibility up to 3 years total
  • • Escalation clause: 10% for renewed years (L1-based adjustment)
  • • Delivery/Support: Dedicated toll-free service for post-award assistance
  • • Bidder must demonstrate sound financial health; no liquidation or receivership
  • • Bid quantity/duration flexibility: up to ±25% at issue and remained binding post-award
  • • BOQ indicates 0 items; scope is process/management-oriented rather than itemized
  • • ATC document governs final terms and renewal/extension conditions

Tender Overview

The Department of Agricultural Research And Education (DARE) invites bids for Financial Advisory Services - Onsite; Financial Management As Per Scope in SAMASTIPUR, BIHAR (848101). The contract is initially awarded for the financial year 2025-26 with potential renewal through 2026-27 and 2027-28, not to exceed a total of three years. Prior award may be extended with a 10% escalation on quoted fees for extensions. A mandatory feature is a dedicated toll-free service line for post-award support. The bid requires bidders to demonstrate sound financial health and refrain from liquidation or insolvency. BOQ shows 0 items, indicating a broad scope aligned to DA&RE’s financial management needs.

Technical Specifications & Requirements

  • Contract term: 1 financial year (2025-26) with renewal for 2026-27 and 2027-28, max 3 years.
  • Escalation on extension: 10% of fees as quoted for L1 and incremental thereafter.
  • Delivery/Support: Dedicated toll-free telephone line for service support; after-sales assistance required.
  • Scope alignment: Onsite financial advisory and financial management as per scope; no explicit itemized BOQ.
  • Financial health: Bidder must not be under liquidation or similar proceedings; undertaking required.
  • Contract quantity flexibility: Option clause allows ±25% change in contract quantity or duration at bid issue, with acceptance binding post-issue.
  • ATC terms: Contract award conditions and renewal triggers as uploaded in ATC document.
  • Location specificity: Works aligned to DA&RE requirements within Bihar.

Terms, Conditions & Eligibility

  • Contract duration: Initial 1 year (2025-26); renewal possible for 2026-27 and 2027-28; total period not to exceed 3 years.
  • Escalation: 10% on extension of fees for renewed years.
  • Support: Dedicated toll-free service support must be provided by Bidder/OEM.
  • Financial standing: Bidder must not be under liquidation; an undertaking to this effect is required.
  • Quantity/Duration flexibility: Up to ±25% change at contract issue and post-issue under buyer discretion.
  • Documentation: Bidders should reference uploaded ATC; ensure compliance with terms to participate.

Key Specifications

  • Contract type: Financial advisory services onsite

  • Location focus: Samastipur, Bihar

  • Contract duration: 1 year with potential renewal to reach 3 years total

  • Escalation for renewals: 10% of quoted fees

  • Support channel: Dedicated toll-free service line

  • BOQ items: 0 items; indicates service/process oriented scope

  • Eligibility: bidder must not be in liquidation; submit undertaking

Terms & Conditions

  • Contract initially for one year with potential renewal for two additional years

  • Escalation of fees up to 10% on renewal periods

  • Dedicated toll-free support must be provided by bidder

  • Bidder must prove financial credibility and lack of liquidation

  • Option clause allows ±25% quantity/duration changes at contract issue

Important Clauses

Payment Terms

Escalation of 10% for renewals; no explicit upfront payment terms disclosed in provided data

Delivery Schedule

Onsite financial advisory services with ongoing support; specific milestones not detailed in data

Penalties/Liquidated Damages

No explicit LD/penalty details available; ATC may define penalties for non-performance

Bidder Eligibility

  • Not under liquidation, court receivership, or similar proceedings

  • Demonstrated experience in financial advisory/onsite management

  • Adequate financial statements demonstrating stability and solvency

Documents 4

GeM-Bidding-8820861.pdf

Main Document

Scope Of Work Document

SCOPE_OF_WORK

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates in financial advisory/onsite management

4

Audited financial statements for the last 2-3 years

5

Proof of non-liquidation/solvency undertaking

6

OEM authorizations or vendor qualifications if applicable

7

Technical compliance/ATC documents uploaded by bidder

Frequently Asked Questions

Key insights about BIHAR tender market

How to bid for Samastipur financial advisory tender in Bihar 2026

Bidders must meet eligibility: no liquidation, provide audited financials, GST and PAN, and submit ATC-compliant technical bids. The contract starts 2025-26 with possible renewals through 2027-28, with a 10% escalation on extended years. Include a dedicated toll-free service contact and ensure onsite financial management capabilities.

What documents are required for Bihar DARE financial services bid 2026

Submit: GST certificate, PAN, 2-3 years of audited financials, experience certificates for financial advisory, undertaking of non-liquidation, and any OEM authorizations if applicable; include ATC-compliant technical documentation as uploaded by the buyer.

What are the renewal terms for the DARE Bihar contract 2025-28

Initial award covers 2025-26; renewal possible for 2026-27 and 2027-28 but total duration cannot exceed three years. Escalation applies at renewal: 10% of the L1 quoted fees; extension terms governed by buyer's ATC.

What is the required support channel for this Bihar tender

Bidders must provide a dedicated toll-free service number for post-award support. This line must be active for ongoing financial advisory and onsite management services as per scope.

What are the eligibility criteria for this DARE procurement in Bihar

Eligibility includes no liquidation or insolvency, demonstrated financial stability via audited statements, relevant onsite financial advisory experience, GST registration, PAN, and submission of required ATC-compliant documents to participate.

How many items are listed in the BOQ for this tender

BOQ indicates 0 items, signaling a broad, process-oriented financial management scope rather than a line-item hardware specification; bidders should align capabilities to overall service delivery and governance requirements.

When does the renewal escalate the contract value for Bihar bidders

Renewals trigger a 10% escalation on the fees quoted by the L1 bidder; increments apply for each renewed year up to the three-year cap, as per uploaded ATC terms.

What is the geographic focus for this DARE financial services tender

The procurement is targeted at Samastipur, Bihar (848101), with service delivery and compliance aligned to the district-level requirements of the Department of Agricultural Research and Education.

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