GEM

ONGC Limited Climate Risk Assessment & IFRS S2 Consultancy West Delhi 2025

Q: What are the delivery terms for the ONGC consultancy engagement?

The engagement is for **1 year** with a potential 25% adjustment to quantity or duration at contract issue and post-issue; ensure milestone-based deliverables and timely IFRS S2 outputs.

Bid Publish Date

28-Nov-2025, 3:39 pm

Bid End Date

19-Dec-2025, 3:00 pm

EMD

₹1,39,000

Value

₹69,54,752

Location

WEST DELHI , DELHI

Progress

Issue28-Nov-2025, 3:39 pm

Corrigendum12-Dec-2025

AwardPending

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Quantity

Bid Type

Two Packet Bid

Key Highlights

• MULTI-SECTION CLAUSE: 25% quantity/duration flexibility at contract issue and post-issue
• EXCESS SETTLEMENT: optional extra charges allowed with documented support
• ONLINE EMD/BDG PAYMENT: EMD ₹139,000 via RTGS; bank details provided
• SECURITY DEPOSIT: online payment option within 15 days of award
• CERTIFICATE UPLOAD: mandatory certificates/documents for bid acceptance
• NO BOQ ITEMS: project scope is consultancy services, IFRS S2 alignment, climate risk
• LOCATION SPECIFIC: West Delhi, Delhi-110008; ONGC Carbon Management & Sustainability group
• GEM GTC COMPLIANCE: adherence to GeM terms for payments and security deposits

Tender Overview

ONGC Limited seeks a consultant for comprehensive Climate Risk Assessment and IFRS S2 opportunities within the Carbon Management & Sustainability Group. The engagement spans 1 year and targets development of IFRS S2-compliant climate risk reporting and strategic insights. Estimated contract value is ₹6,954,752 with an EMD of ₹139,000. Location is WEST DELHI, DELHI - 110008. The scope emphasizes risk identification, IFRS S2 alignment, and actionable climate-related financial disclosures. Bidders should note the 25% quantity/duration adjustment option and the added “excess settlement” for invoice charges. Key differentiator includes online EMD/PBG payment mechanics and GeM terms. This procurement requires certificate uploads and strict adherence to bid documents, ATC, and corrigenda. Bidder must comply with the GeM GTC for EMD/SE security deposits. This tender emphasizes compliance, reliability, and timely delivery of consultancy services.

Technical Specifications & Requirements

Organization: Oil and Natural Gas Corporation Limited
Department/Category: Climate Risk Assessment & IFRS S2 consultancy for Carbon Management & Sustainability
Estimated Value: ₹6,954,752; EMD: ₹139,000
Location: WEST DELHI, DELHI - 110008; Service type: consultancy, risk assessment, IFRS S2 alignment
Key terms: 1-year contract; option to adjust quantity/duration up to 25%; excess settlement allowed with documented charges
EMD/PBG submission via online RTGS/internet banking; bank: State Bank of India, Parliament Street, New Delhi; online payment proof required
Certificates and documents must be uploaded per ATC/Corrigendum; adherence to GeM GTC for payments and security deposits
No BOQ items; emphasis on qualification, experience in climate risk and IFRS reporting, and service-level delivery

Terms, Conditions & Eligibility

EMD: ₹139,000; payment via RTGS/online with bid reference details; submit proof
Security Deposit/PBG: required within 15 days of award; online payment possible
Delivery/Timeline: 1-year engagement; contract quantity/duration may adjust up to 25% at issue and post-issue
Documentation: upload all required certificates/documents as per Bid Document, ATC, Corrigendum
Payment Terms: aligned to GeM GTC; online payments accepted; performance security via PBG or online
Compliance: must meet bid document requirements; certificates must be uploaded for bid validity
Warranty/Support: not explicitly detailed; project deliverables focus on risk assessment and IFRS S2 outputs

Key Specifications

Consultancy for Climate Risk Assessment
IFRS S2 opportunities analysis and reporting
1-year engagement for Carbon Management & Sustainability
Location constraints: West Delhi, Delhi-110008
EMD ₹139,000; estimated contract value ₹6,954,752
No BOQ items; emphasis on qualification and service capability
Online payment and security deposit options via RTGS

Terms & Conditions

EMD submission via GeM with online proof; ₹139,000
Delivery timeline: 1-year consultancy with 25% adjustment option
Security deposit to be paid within 15 days of award; online options allowed
Certificate/documents upload mandatory; ATC and Corrigendum compliance
Excess settlement mechanism permits additional charges with documentation

Important Clauses

Payment Terms

EMD ₹139,000 via RTGS; online payment for security deposit; payment processing per GeM GTC

Delivery Schedule

Engagement period of 1 year; quantity/duration adjustments up to 25% at contract issue and subsequently

Penalties/Liquidated Damages

Not explicitly stated; penalties to be governed by GeM GTC and contract terms; ensure timely deliverables

Bidder Eligibility

Demonstrated experience in climate risk assessment and IFRS S2 reporting
Financial stability adequate to support a ~₹6.95 million contract
Compliance with GeM GTC; online payment capability and EMD submission