Hiring of Consultants - Milestone/Deliverable Based - As per bid document - consultant for framewor
Coal India Limited
NORTH 24 PARGANAS, WEST BENGAL
Progress
Quantity
1
Bid Type
Two Packet Bid
Mahanadi Coalfields Limited (Coal India Limited department) seeks BRLMs for listing of MCL under a milestone/deliverable-based engagement, executed in a hybrid model per scope. The procurement location is SAMBALPUR, ODISHA 768001 with an estimated contract value of ₹826,000,000 and an EMD of ₹5,000,000. The bid covers advisory and underwriting services required to support a stock market listing, with no BOQ items published. The tender emphasizes scope alignment with milestone outcomes and flexible contract duration per ATC terms. This opportunity targets qualified financial advisors with listing experience and regulatory compliance capabilities in eastern India. Key differentiator is the hybrid delivery approach combining advisory milestones with deliverable-based payment triggers.
BRLM listing services for MCL (Sambalpur, Odisha)
Estimated value: ₹826,000,000
EMD: ₹5,000,000
Engagement: Hybrid (scope-based milestones)
No published BOQ items
ATC/SLA attachments govern detailed performance metrics
EMD amount and submission method as per ATC
Contract quantity/duration adjustments up to 25%
Milestone/deliverable payment structure governed by scope
Milestone-based payments aligned to deliverables; exact terms in ATC.
Delivery milestones defined in scope; flexibility up to 25% per contract terms.
Penalties, if any, described in ATC/SLA attachments.
Proven experience in stock market listings and BRLM advisory
Compliance with regulatory requirements and corporate governance standards
Financial viability evidenced by audited statements and turnover capacity
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Hiring of Consultants - Milestone/Deliverable Based - Engagement of BRLMs for listing of MCL; As per bid document; No; Hybrid(As specified in scope of work)
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
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Main Document
SCOPE_OF_WORK
OTHER
PAYMENT
OTHER
OTHER
ATC
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Coal India Limited
NORTH 24 PARGANAS, WEST BENGAL
Coal India Limited
NORTH 24 PARGANAS, WEST BENGAL
Coal India Limited
NORTH 24 PARGANAS, WEST BENGAL
Coal India Limited
NORTH 24 PARGANAS, WEST BENGAL
Coal India Limited
NORTH 24 PARGANAS, WEST BENGAL
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GST Registration Certificate
Permanent Account Number (PAN) Card
Experience certificates of similar listing advisory projects
Audited financial statements for last 3 years
EMD submission proof (DD/online transfer receipt)
Technical bid documents demonstrating regulatory compliance capability
OEM/lead advisor authorizations (if applicable)
Any other documents specified in terms and conditions/ATC
Extended Deadline
22-Jun-2026, 10:00 am
Opening Date
22-Jun-2026, 10:30 am
Key insights about ODISHA tender market
Bidders must submit GST, PAN, experience certificates, financials, and EMD ₹5,000,000 along with technical/compliance documents per ATC. The engagement is hybrid with milestone payments; ensure prior listing advisory experience and regulatory compliance capabilities are demonstrated in the bid.
Required documents include GST registration, PAN, audited financials, experience certificates for listing services, EMD submission proof, and detailed technical bid demonstrating regulatory compliance. OEM authorizations or lead advisor credentials should be provided if applicable per ATC.
Payment terms are milestone-based under the hybrid engagement; exact triggers and schedule are defined in the ATC/SLA attachments. Ensure readiness to meet defined deliverables and associated payment milestones as per scope.
While no numeric standards are listed in the summary, bidders should demonstrate regulatory compliance capability, and listing advisory experience; IS or equivalent certifications may be referenced in ATC. Verify IS/ISO-like governance expectations in the tender attachments.
The EMD amount is ₹5,000,000; submission deadlines are specified in the ATC attachments. Prepare all documents in advance, ensure online or DD payment, and submit with the technical bid as per the tender terms.
The estimated contract value is ₹826,000,000, reflecting the scale of milestone/deliverable-based BRLM advisory services required to support listing of MCL in Odisha.
Eligibility emphasizes proven listing advisory experience, regulatory compliance readiness, and financial viability supported by audited statements; no explicit years/turnover figures are listed in the excerpt—details are in ATC.
ATC and SLA are provided as file attachments in the tender portal. Click the attachments section to review conditions, performance metrics, milestones, and any penalties before bidding.
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Main Document
SCOPE_OF_WORK
OTHER
PAYMENT
OTHER
OTHER
ATC
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS