Punjab National Bank Milestone/Deliverable Based Consultants Tender Central Delhi 2026
Bid Publish Date
19-Sep-2026, 10:58 am
Bid End Date
12-Oct-2026, 4:00 pm
EMD
₹19,30,000
Location
Progress
Tender Overview
Punjab National Bank invites proposals for Hiring of Consultants - Milestone/Deliverable Based in Central Delhi, Delhi 110002. The procurement involves milestone/deliverable-based consultancy services, with an EMD of ₹1,930,000. The contract is described as hybrid in scope per the ATC document. There are no BOQ items listed, and bidder flexibility includes a 25% quantity/duration adjustment window per the generic clause. This tender targets qualified consulting firms capable of delivering structured milestones aligned to the ATC. The opportunity emphasizes deliverable-based performance and adherence to specified scope in the ATC. Unique aspects include the hybrid service model and ATC-driven milestones.
Technical Specifications & Requirements
- Category: Consultancy services measured by milestones/deliverables
- Scope: Hybrid deployment as per ATC document; no predefined BOQ quantities
- EMD: ₹1,930,000; required for bid security
- Standards/Compliance: Explicit standards not listed in available data; bidders should anticipate ATC-driven technical criteria
- Experience: Not explicitly stated; ATC will govern performance milestones and deliverables
- Location/Delivery: Central Delhi with deliverables scheduled per the ATC terms; procurement aligns to bank’s internal process and milestone validation
- Additional Context: The terms allow a ±25% adjustment in scope or duration; lumpsum scope may adjust with consent
- Notes: Refer to the ATC document for precise performance metrics and acceptance criteria
Terms, Conditions & Eligibility
- EMD: ₹1,930,000 required; submission with bid
- Quantity/Duration: Up to 25% increase/decrease allowed at contract issue and post-issuance
- Delivery Terms: Milestone-based delivery as per ATC; payment and acceptance tied to milestone completion
- Documentation: Bid must include standard bank procurement submissions; OEM authorizations not specified
- Warranty/Support: Not specified; ATC will define post-award obligations
- Penalties: Not detailed; liabilities to be outlined in ATC
- Other: Bidder must comply with all terms in the Buyer Added ATC; all actions governed by Central Delhi procurement rules
Key Specifications
-
Milestone/Deliverable Based Consultancy
-
EMD amount: ₹1,930,000
-
Location: Central Delhi, Delhi
-
Contract Type: Hybrid (per ATC)
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No BOQ items available
Terms & Conditions
-
Key Term 1: EMD amount ₹1,930,000 required for bid security
-
Key Term 2: 25% scope/duration adjustment allowed at contract issue and during execution
-
Key Term 3: Hybrid consultancy model defined in ATC; milestones-based deliverables
Important Clauses
Payment Terms
Milestone-based payments aligned to ATC-defined deliverables; exact schedule in ATC document
Delivery Schedule
Delivery milestones to be specified in ATC; acceptance dependent on milestone completion
Penalties/Liquidated Damages
Penalties and LD, if any, to be defined in ATC; not disclosed in available data
Bidder Eligibility
-
Experience delivering milestone-based consultancy in the banking/financial sector
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Financial stability as evidenced by audited statements
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Compliance with EMD requirement of ₹1,930,000 and bank procurement norms
Tender Data
Bid Details
Quantity
1
Bid Type
Single Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
Yes
MII Compliance
Yes
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Hiring of Consultants - Milestone/Deliverable Based - as per ATC document; as per ATC document; No; Hybrid(As specified in scope of work)
Advisory Bank
State Bank of India
ePBG Percentage
5%
ePBG Duration (Months)
21
Payment Timelines
Payments shall be made to the Seller within 15 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
New Delhi
Delivery Pincodes
110001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Shakti Saini | 110001,5, Sansad Marg, New Delhi | New Delhi | Delhi | 110001 | Project / Lumpsum Based | - | - |
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
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Documents 6
GeM-Bidding-9914200.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
1 Update Update
Extended Deadline
12-Oct-2026, 10:30 am
Opening Date
13-Oct-2026, 10:30 am
Required Documents
GST certificate
PAN card
Experience certificates (milestone-based projects in banking/consultancy)
Financial statements (audited, last 3 years if available)
EMD submission proof
Technical bid documents
OEM authorizations (if required by ATC)
Any ATC-specific compliance certificates
Frequently Asked Questions
Key insights about DELHI tender market
How to bid for the Central Delhi PNB consultancy tender 2026?
Bidders must submit the EMD of ₹1,930,000 along with technical and financial bids. Prepare milestone-based deliverables as per the ATC document, and ensure compliance with the 25% scope adjustment clause. Certification and experience evidence should align to banking sector requirements.
What documents are required for the PNB consultant bid 2026?
Submit GST and PAN details, company registration, financial statements, prior milestone-based project experience, and EMD proof. Include any ATC-specific compliance certificates and bank-specific bidder declarations. OEM authorizations are not detailed; verify ATC for exact attachments.
What are the technical criteria for PNB consultant tender 2026?
Technical criteria revolve around milestone-based deliverables defined in the ATC. While explicit standards aren’t listed, bidders should demonstrate capability for phased milestones, performance tracking, and governance aligned to central bank procurement norms. Prepare case studies showing similar deliverables.
When is the payment due for PNB consultant milestones in Delhi?
Payment terms are milestone-based as per the ATC. Expect release upon milestone acceptance, with detailed percentages and timelines in the ATC. Ensure timely milestone submissions to avoid delays in payment certification and processing.
What is the EMD amount for the PNB consultancy bid in Delhi?
The EMD amount is ₹1,930,000. Ensure payment as specified in the bid submission guidelines, with proof of transfer or online payment attached to the bid package for bid validity.
What is the impact of the 25% quantity/duration clause in this tender?
The buyer can adjust contract quantity or duration by up to 25% at contract issuance and during execution. Bidders must accept revised scope and adjust resources accordingly, with consent for post-award changes required as per ATC.
Where can I find the ATC document for this PNB tender 2026?
The ATC document is uploaded by the buyer in the tender portal and must be reviewed before submission. It defines milestones, acceptance criteria, payment terms, and any special conditions related to the hybrid consultancy scope.