Tender Notice for Financial Advisory Services - Onsite; Fiscal Oversight and Internal control in BHOJPUR, BIHAR

The eligibility requirements for participating in this tender include being a registered entity with statutory approvals and demonstrating past experience in providing financial advisory services. Bidders must also maintain an average annual turnover of at least 15 Lakh during the last three financial years.

Bidders are required to submit relevant certifications that may include experience certificates in similar services, turnover certificates, and any other documentation as specified in the tender. If claiming exemptions for experience or turnover, supporting documents must also be provided.

To register for this tender, interested bidders must create an account on the designated bidding platform and ensure their entity meets all statutory registration requirements. Following registration, they can access the tender documents and submit their bids.

All tender documents must be submitted in electronic format as specified in the tender guidelines. Typically accepted formats include PDF or DOC files. Bidders should ensure that uploaded documents are clear and legible.

Yes, bidders must adhere to the technical specifications outlined in the tender documents. This includes providing evidence of relevant experience, qualifications of the project team, and fulfilling any additional technical criteria specified for the services.

Bidder’s proposals should align with recognized quality standards in financial advisory services. Documentation demonstrating adherence to specific quality benchmarks will be required during the submission process for evaluation purposes.

Bidders must comply with statutory regulations as well as any specific compliance guidelines laid out in the tender documents. This includes adherence to regional procurement policies, particularly for MSEs and startups.

The earnest money deposit (EMD) required for this tender is set at INR 50,000. This deposit is generally refunded after the completion of the bidding process, subject to the terms outlined in the tender documentation.

Bidders awarded the contract will need to submit a performance security as dictated by the tender guidelines. This measure ensures that the contract obligations are fulfilled satisfactorily.

Details regarding payment terms will be specified in the awarded contract, typically contingent upon phased milestones of service delivery as agreed upon by both parties.

Price evaluation will be conducted on the basis of the total value of bids submitted. Cost-effectiveness and alignment with the financial criteria specified in the tender documents will play a critical role in this evaluation process.

Bidders are required to submit their proposals electronically through the designated tender portal. All documents must be uploaded in accordance with the specific instructions provided in the tender documents.

While specific dates should be referred from the official tender documents, the bidding process is subject to standards typical within government tendering timelines, and bidders are urged to monitor the portal for updates.

The evaluation process involves a thorough review of technical proposals, financial submissions, compliance with eligibility criteria, and overall alignment with the objectives of the tender as set forth by the issuing authority.

Yes, bidders will receive notifications regarding the results of their submissions. Typically, this will occur through the tender platform or by official communication channels specified in the tender documentation.

The tender includes special provisions aimed at increasing participation from Micro, Small, and Medium Enterprises (MSEs), including exemptions from certain eligibility criteria and often exclusive considerations during the evaluation process.

Yes, startups are encouraged to apply for this tender. They must provide relevant documentation to prove their eligibility and adherence to the criteria defined in the tender.

Bidders are expected to comply with 'Make in India' policies, emphasizing local content and encouraging the participation of local enterprises in fulfilling the requirements of this tender.