Government Tender Published for Manpower Hiring for Financial Services - Onsite; Accountant

The eligibility requirements include being a registered entity capable of showing five years of experience in similar services and an average annual turnover of INR 20 Lakhs for the last three years. Exemptions are available for MSEs and startups regarding experience and turnover requirements.

Bidders need to provide documentation that supports their eligibility, including experience certificates, annual turnover documentation, and copies of certifications in compliance with the ATC.

To participate in this tender, bidders must register on the official tendering platform and complete the online registration process, ensuring they meet all eligibility criteria and have the required documentation ready for submission.

All documents should be submitted in standard formats such as PDF or Word documents as specified in the tender guidelines. It is imperative that the documents are clear, legible, and fully accessible.

Yes, the technical specifications require bidders to provide proof of qualifications in accounting, along with any relevant experience documentation that demonstrates the bidder's capability to provide on-site financial services effectively.

Bidders need to adhere to all applicable financial regulations and industry standards. Compliance will be assessed during the evaluation phase through submitted evidence of past performance and certifications in relevant domains.

The EMD for this tender is set at INR 50,000. This deposit is to be submitted along with the bid and will be refunded upon the conclusion of the selection process.

Performance security details will be provided upon notification of selection. Generally, it will involve a financial guarantee, ensuring the successful bidder completes the contract as per the agreed terms.

Payment terms will typically be detailed in the final contract post-evaluation but generally include milestone-based payments contingent upon the successful delivery and satisfaction of services rendered.

The price evaluation will be part of a holistic assessment that accounts for compliance with technical requirements, bidder experience, and proposed pricing models. Total cost proposals will be compared during the evaluation stage.

Submissions must be made electronically through the designated e-tendering portal. Deadlines for submissions are clearly outlined in the tender documentation.

Bids will be evaluated based on technical qualifications, financial proposals, and adherence to specified requirements. The method of evaluation is termed "total value-wise evaluation."

All notifications regarding selection results will be made through the tendering platform, and bidders are encouraged to check back for updates regarding the evaluation outcomes.

MSEs are granted exemptions from certain eligibility criteria concerning years of experience and minimum turnover, allowing for greater participation in government tenders.

Startups can benefit from exemptions similar to MSEs, which include not adhering strictly to the experience criteria, thus promoting innovation and new entrants in the market.

Bidders should ensure that their proposals and offerings align with the Make in India initiative, which encourages domestic manufacturing and services. Documentation proving local content will support compliance.