GEM

Power Finance Corporation Limited Hiring of Consultants Milestone/Deliverable Based Subject Matter Experts Legal SME 2025

Bid Publish Date

27-Nov-2025, 11:46 am

Bid End Date

02-Dec-2025, 12:00 pm

Progress

Issue27-Nov-2025, 11:46 am
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • - Organization: Power Finance Corporation Limited
  • - Procurement category: Milestone/Deliverable Based Consultants for Legal Subject Matter Expert
  • - Delivery model: Hybrid as specified in scope of work
  • - Variation clause: Up to 25% contract quantity/duration adjustment during and after contract issuance
  • - Financial mechanism: Excess Settlement allowing additional charges up to a specified percentage of item-level total value
  • - Documentation: ATC document uploaded; bidders must review for terms and conditions
  • - BOQ: No items listed; indicates service-based engagement rather than goods
  • - Location: Not specified; deployment governed by scope of work

Tender Overview

Power Finance Corporation Limited invites qualified consultants under a Milestone/Deliverable Based engagement for Subject Matter Experts (Legal SME). The scope centers on advisory services spanning milestone-based deliverables, with the emphasis on legal subject matter expertise. The procurement profile notes noBOQ items and an unspecified location, signaling a flexible deployment model across engagements. A distinctive feature is the optional contract quantity/duration adjustment up to 25% at contract issue, with continued flexibility post-issuance. An uploaded ATC document accompanies the bid, indicating organization-specific terms. The opportunity targets vendors capable of delivering structured legal guidance and milestone-driven outcomes within a hybrid scope of work.

Technical Specifications & Requirements

  • Engagement type: Milestone/Deliverable Based for Legal Subject Matter Expert(s).
  • Category: Consultants; scope includes subject matter expertise in law with deliverables tied to milestones.
  • Quantity/Value: Not disclosed; no BOQ items available.
  • Key commercial terms: Contract quantity/duration adjustment up to 25%; Excess Settlement enables additional charges up to a stated percentage of item-level total value, with required supporting documents.
  • Compliance: ATC document uploaded; bidders must review organization-specific terms.
  • Location: Not specified; deployment as per scope of work under hybrid arrangement.

Terms, Conditions & Eligibility

  • EMD details not provided in data; bidders should verify in ATC terms.
  • Delivery & Timeline: Not specified; expect milestone-based deliverables per scope of work.
  • Payment Terms: Not disclosed; review ATC for schedule and milestones.
  • Documents: GST, PAN, experience certificates, financial statements, and OEM authorizations may be required per standard tender practice; verify in ATC.
  • Key risk management: 25% variation clause and excess settlement option require precise documentation and approval.
  • Compliance: Adhere to any organization-specific bidding terms in the uploaded ATC document.

Key Specifications

    • Product/Service: Legal subject matter expert consultancy for milestone-based deliverables
    • Engagement type: Milestone/Deliverable Based; hybrid execution model
    • Variation rights: 25% adjustment of contract quantity or duration
    • Excess Settlement: additional charges permissible up to a specified percentage with supporting documents
    • Documentation: ATC document must be reviewed and complied with

Terms & Conditions

  • Key Term 1: 25% contract quantity/duration adjustment rights at tender issuance

  • Key Term 2: Excess Settlement allowed with documented justification and invoice attachments

  • Key Term 3: ATC document uploaded— bidders must align with organization-specific terms

Important Clauses

Payment Terms

Payment terms will be governed by the ATC; milestones and schedule to be defined in the contract.

Delivery Schedule

Deliverables linked to milestones; exact timelines to be detailed in the contract and scope of work.

Penalties/Liquidated Damages

Any LD provisions will be specified in the ATC; ensure compliance with milestone-based penalties.

Bidder Eligibility

  • Experience in delivering legal consultancy with milestone-based outcomes

  • Evidence of prior engagements in similar subject matter expert roles

  • Ability to operate under a hybrid (onsite/remote) delivery model

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar legal consultancy work

4

Financial statements (last 2-3 years)

5

EMD/Security deposit documentation (if applicable per ATC)

6

Technical bid documents demonstrating milestones and deliverables

7

OEM authorizations (if applicable to specific legal services or platforms)

8

Any mandatory compliance certificates referenced in the ATC

Frequently Asked Questions

Key insights about DELHI tender market

How to bid for the legal SME milestone tender in 2025 with Power Finance Corporation

Bidders should review the uploaded ATC document, submit GST, PAN, and experience certificates, and demonstrate milestone-based delivery capability. The bid may include a 25% variation in quantity/duration and may require excess settlement documentation. Ensure all milestones align with the scope and contract terms.

What documents are required for the Power Finance Corporation legal consultant bid 2025

Submit GST, PAN, 2-3 years of financial statements, relevant experience certificates in legal consultancy, and technical bid detailing milestones. Include OEM authorizations if applicable and any ATC-specified compliance certificates to participate.

What are the milestone deliverables for the legal SME engagement 2025

Deliverables are defined in the scope of work within the ATC; vendors must present a milestone plan with timelines, outputs, and acceptance criteria. Ensure each milestone is linked to billable deliverables and corresponding payment milestones per ATC.

What is the 25% variation clause in the Power Finance tender 2025

Contract quantity or duration may be increased or decreased by up to 25% at contract issue, with continuation of adjustment potential post-issuance. Vendors must acknowledge acceptance of revised scope within the tender terms.

What is the excess settlement provision for the legal consultancy bid

The excess settlement option allows additional charges up to a specified percentage of item-level total value, requiring mandatory supporting documents at invoice time. Confirm exact percentage and documentation in the ATC.

What standards or compliance documents are required for this tender

Review the ATC for any compliance certificates and authorizations; common requirements include GST, PAN, and experience evidence. For legal services, ensure alignment with regulatory standards and any organization-specific statutory obligations described in the ATC.

When is the bid submission deadline for the Power Finance tender 2025

Deadline details are provided in the ATC; bidders should download the ATC early, prepare milestone-based deliverables, and submit documents including GST, PAN, and financials by the specified date.

Where can I find the ATC document for this tender

The ATC document is uploaded with the tender information; bidders should click the ATC link in the tender portal entry to view terms, conditions, and any special clauses before submission.

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