Progress
Quantity
1
Bid Type
Two Packet Bid
Rajasthan State Industrial Development And Investment Corporation Limited (riico) announces a tender for Hiring of Consultants - Milestone/Deliverable Based - Management Consultants; Project Management; Yes; Hybrid(As specified in scope of work) in JAIPUR, RAJASTHAN. Quantity: 1. Submission Deadline: 03-03-2025 16: 00: 00. Last date to apply is approaching fast!
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Hiring of Consultants - Milestone/Deliverable Based - Management Consultants; Project Management; Yes; Hybrid(As specified in scope of work)
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Main Document
SCOPE_OF_WORK
OTHER
OTHER
PAYMENT
OTHER
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
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Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Extended Deadline
03-Mar-2025, 4:00 pm
Opening Date
03-Mar-2025, 4:30 pm
Extended Deadline
24-Feb-2025, 4:00 pm
Opening Date
24-Feb-2025, 4:30 pm
Extended Deadline
10-Feb-2025, 4:00 pm
Opening Date
10-Feb-2025, 4:30 pm
Key insights about RAJASTHAN tender market
The eligibility requirements include being a registered entity, having a minimum average annual turnover of ₹400 Lakhs for the last three years, and possessing at least 7 years of relevant experience in delivering management consulting services to government bodies or PSUs.
Bidders must submit a range of required certificates, including financial turnover statements, organizational experience documentation, and any specific certifications requested in the Additional Terms and Conditions (ATC) of the tender.
To participate in the tender, interested bidders must ensure they are a registered entity on the relevant procurement portal and comply with all submission requirements outlined in the bid documentation.
All documents must be submitted in PDF format as specified in the tender guidelines. Bidders should ensure that all files are clear and legible to facilitate the evaluation process.
The technical specifications require bidders to demonstrate their experience and capabilities through comprehensive documentation. This includes proof of previous similar contracts, as well as technological capabilities aligned with the project management practices in place.
Bidders must comply with prevailing quality standards relevant to management consulting services. Adherence to the evaluation parameters outlined in the bid document, including performance metrics for past projects, will be critical.
Compliance with local regulations, the Make in India policy, and any guidelines provided by the Industry Department of Rajasthan are mandatory for bid submission.
While there are no specific testing criteria outlined beyond the documentation requirements, bidders should prepare for the presentation evaluations which will assess their understanding of project management principles applicable to the tender.
Bidders are required to submit an Earnest Money Deposit (EMD) of ₹5,000,000 along with their bid. Exemptions apply to certain categories, but valid documentation must be provided to support any claims for exemption.
The performance security required for this tender is set at 5% of the total bid value. This security will be retained until the successful completion of the contract as specified in the agreement.
Specific payment terms are outlined in linked documents, and bidders should review these to understand the conditions under which payments will be processed post project milestones.
Price evaluations will consider the total value wise evaluation method, where both the financial and technical aspects of bids will be assessed. It is important for bidders to provide a detailed price breakup as part of their submission.
Bidders must submit their proposals electronically via the official procurement portal. All documents should be uploaded in accordance with the specified guidelines.
Timelines include submission deadlines as specified in the documents, with a focus on adherence to the 120-day validity of quoted offers. Specific timelines for technical clarifications also apply.
The evaluation and selection process will be based on the scoring of technical proposals followed by financial evaluations, adhering to the specified weightage of 80:20 for technical and financial criteria respectively.
Bidders will receive notification regarding the results of their submissions through the procurement portal once evaluations are complete. Further instructions on contract award will also be communicated via this channel.
While this tender doesn't specify exemptions for MSEs related to experience and turnover, participants are encouraged to review other applicable MSE benefits that may align with procurement policies.
There are no exemptions for startups regarding the experience and turnover criteria. However, they must meet all submission requirements to qualify and participate in the bidding process.
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Main Document
SCOPE_OF_WORK
OTHER
OTHER
PAYMENT
OTHER
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS