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GEM

IFCI Department of Financial Services Hiring of Milestone-Based Subject Matter Experts in South Delhi 2026

Bid Publish Date

09-Jan-2026, 5:45 pm

Bid End Date

06-Mar-2026, 1:00 pm

EMD

₹5,000

Value

₹47,20,000

Location

SOUTH DELHI , DELHI

Latest Corrigendum Available

Progress

Issue09-Jan-2026, 5:45 pm
Corrigendum26-Feb-2026
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • Critical eligibility: onsite finance & accounts experts with milestone-based delivery
  • • Technical standards: RFP ATC terms linked to SOW (no specific IS/ISO listed)
  • • Brand/OEM requirements: none specified
  • • Warranty/AMC: not specified
  • • Penalties/LD: not specified in data
  • • Delivery location: South Delhi, Delhi
  • • Payment terms: per SOW/ATC (not explicitly stated)
  • • Special clause: 25% quantity/duration adjustment at contract issue and post-award

Tender Overview

The Industrial Finance Corporation of India (IFCI) under the Department of Financial Services seeks onsite Subject Matter Experts in Finance & Accounts for milestone/deliverable-based consultancy. The procurement covers on-site expert services with an estimated value of ₹4,720,000.00 and an EMD of ₹5,000. Location is South Delhi, Delhi 110016. The scope centers on specialized financial advisory, accounting controls, and deliverable-based milestones as defined in the accompanying SOW/ATC attachments. A key differentiator is the flexible contract quantity/duration clause allowing a up to 25% adjustment at bid issuance and post-award; bidders must align to revised quantities if invoked. The tender presents a structured engagement for subject matter specialists within the public financial services domain, with implementation outcomes tied to milestone deliverables and onsite deployment.

Technical Specifications & Requirements

  • Service category: Onsite finance & accounts consultancy with milestone-based deliverables
  • Estimated contract value: ₹4,720,000.00
  • EMD: ₹5,000.00
  • Location: South Delhi, Delhi
  • Scope includes: financial advisory, compliance support, accounting process improvement, and deliverable-based milestones as per SOW/ATC
  • No BOQ items listed; refer to RFP/SOW attachments for detailed tasks and performance indicators
  • Key condition: up to 25% change in quantity or duration at contract issue and post-award
  • Ensure alignment with Buyer Added Terms and ATC clauses for performance expectations

Terms, Conditions & Eligibility

  • EMD: ₹5,000 (online/DD as specified in tender terms)
  • Quantity/duration flexibility: up to 25% adjustment
  • Delivery/onsite requirement: onsite deployment in South Delhi
  • Documents: refer to terms and conditions file for submission list (GST, PAN, experience docs, etc.)
  • Compliance: follow RFP terms and ATC clauses; SOW to govern milestones and acceptance
  • Evaluation: adherence to scope, past performance, and technical/commercial responsiveness

Key Specifications

  • Service category: Onsite consultant participation for Finance & Accounts

  • Estimated contract value: ₹4,720,000.00

  • EMD amount: ₹5,000.00

  • Location: South Delhi, Delhi 110016

  • Delivery model: milestone/deliverable-based, onsite

  • Quantity/duration flexibility: up to 25% increase/decrease

Bidder Eligibility

  • Onsite finance & accounts consultancy experience

  • Demonstrated ability to deliver milestone-based outputs

  • Compliance with required documents and EMD submission

Documents 9

GeM-Bidding-8820358.pdf

Main Document

Scope Of Work Document

SCOPE_OF_WORK

Other Documents

OTHER

Other Documents

OTHER

Payment Terms & Condition

PAYMENT

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

Additional Doc 1 (Requested in ATC)

5

Additional Doc 2 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

6

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

Corrigendum Updates

7 Updates
#1

Update

26-Feb-2026
#2

Update

26-Feb-2026

Extended Deadline

06-Mar-2026, 1:00 pm

Opening Date

06-Mar-2026, 1:30 pm

#3

Update

24-Feb-2026

Extended Deadline

27-Feb-2026, 1:00 pm

Opening Date

27-Feb-2026, 1:30 pm

#4

Update

16-Feb-2026
#5

Update

16-Feb-2026

Extended Deadline

24-Feb-2026, 1:00 pm

Opening Date

24-Feb-2026, 1:30 pm

#6

Update

04-Feb-2026
#7

Update

23-Jan-2026

Extended Deadline

17-Feb-2026, 1:00 pm

Opening Date

17-Feb-2026, 1:30 pm

Frequently Asked Questions

Key insights about DELHI tender market

How to bid for the IFCI finance consultant tender in South Delhi 2026?

Bidders should submit the technical and financial bids per the RFP/SOW attachments, provide GST and PAN details, include EMD ₹5,000, and demonstrate milestone-based delivery capability onsite in South Delhi. Ensure compliance with ATC terms and the 25% quantity/duration adjustment clause.

What documents are required for IFCI procurement of onsite finance experts?

Required documents include GST certificate, PAN card, experience certificates in similar consultancy, financial statements, EMD submission evidence, technical bid documents, and OEM authorizations if applicable, plus any documents specified in the ATC/RFP.

What are the milestone-based deliverables for the IFCI South Delhi bid?

Deliverables are defined in the SOW/ATC attachments; bidders must map activities to milestones, achieve acceptance criteria per milestone, and provide progress reports. Onsite deployment is required, with performance evaluated against milestone targets and timelines.

What is the EMD amount and its payment terms for this tender?

The EMD is ₹5,000. Submission should follow tender terms, typically via online payment or demand draft as specified in the RFP. EMD must be valid through the evaluation and contract award period.

What are the delivery terms for the IFCI milestone-based contract in Delhi?

Onsite delivery in South Delhi, Delhi is required. The contract includes a provision for up to 25% adjustment in quantity or duration at issuance and post-award; delivery milestones align with SOW metrics and acceptance criteria.

Which standards or certifications are required for this IFCI procurement?

No explicit standards are listed in the provided data beyond the SOW/ATC terms. Bidders must comply with the RFP ATC and demonstrate capability for milestone-based finance & accounts consultancy delivered onsite in Delhi.

How is payment structured for the IFCI onsite consultant contract in 2026?

Payment terms are defined in the SOW/ATC; bidders should anticipate milestone-linked payments tied to deliverables, with acceptance by IFCI. Ensure alignment with documented milestones and timely progress reporting as per the contract terms.

What are the critical eligibility criteria for this South Delhi tender?

Eligibility includes proven onsite finance & accounts consultancy experience, ability to deliver milestone-based outputs, and submission of all mandatory documents (GST, PAN, experience, financials, EMD). Compliance with ATC terms and SOW is mandatory.