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Procurement Opportunity: Manpower Hiring for Financial Services - Onsite; as per RfP in RAJKOT, GUJARAT

Bid Publish Date

21-Mar-2025, 2:27 pm

Bid End Date

11-Apr-2025, 4:00 pm

Value

₹3,00,00,000

Progress

Issue21-Mar-2025, 2:27 pm
Corrigendum26-Mar-2025
AwardPending

Small Industries Development Bank Of India (sidbi) invites bids for Manpower Hiring for Financial Services - Onsite; as per RfP in RAJKOT, GUJARAT. Quantity: 25. Submission Deadline: 11-04-2025 16: 00: 00. Submit your proposal before the deadline.

Tender Data

Bid Details

Quantity

25

Bid Type

Two Packet Bid

Bid Validity

120 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Tech Clarification Time

2 Days

Preference & Exemptions

Startup Exemption (Experience)

Yes

Requirements

Min. Avg. Annual Turnover

100

Experience Required

5 Year (s)

Arbitration Clause

No

Mediation Clause

No

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Manpower Hiring for Financial Services - Onsite; as per RfP

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTSMALL INDUSTRIES DEVELOPMENT BANK OF INDIA

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Documents 4

GeM-Bidding-7668109.pdf

Main Document

Technical Specification/Buyer Specification Document

TECHNICAL

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Corrigendum Updates

1 Update
#1

Update

26-Mar-2025

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

4

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

Frequently Asked Questions

Key insights about GUJARAT tender market

What are the eligibility requirements for GEM/2025/B/6076867?

The eligibility requirements include being a registered entity with appropriate operational licenses, evidencing prior experience in manpower provision for financial services. Bidders must be in good financial standing and possess a history of satisfactory project delivery within the specified domain. Documents supporting these claims and any necessary certifications must be submitted accordingly.

What quality standards must be met in the submission for manpower hiring?

Bidders should comply with recognized quality standards relevant to the recruitment and deployment of skilled personnel in financial services. Adherence to operational excellence, personnel training protocols, and a commitment to continuous improvement principles will be part of the evaluation. Companies must provide evidence showing previous adherence to such quality measures.

What are the payment terms and performance security requirements associated with this tender?

Payment terms are typically structured around milestone achievements related to service delivery. Bidders should inquire about the specific performance security requirements; usually, a certain percentage of the contract value is required as a guarantee of performance. This may vary, and submission of the performance security will be crucial for contract award.

How will bids be evaluated and what factors influence the selection process?

Bids will be evaluated based on a comprehensive scoring system that assesses technical capabilities, compliance with requirements, and financial viability. Factors such as proposed strategies for manpower management, past experience, and overall cost-effectiveness will significantly influence the selection process resulting in an informed decision by the evaluation committee.

Are there provisions for MSEs and startups in this procurement process?

Yes, the tender includes special provisions aimed at supporting Micro, Small, and Medium Enterprises (MSEs) alongside startups. These provisions often feature relaxed criteria in terms of financial benchmarks, ensuring that smaller enterprises can effectively compete. The initiative aligns with government efforts to strengthen local economies and support new businesses in the financial sector.