Hiring of Consultants - Milestone/Deliverable Based - Subject Matter Experts; Legal, Lender Legal C
Rural Electrification Corporation Limited
GURGAON, HARYANA
Posted:
16 May 2025
Closed:
22 May 2025
GEM
Tender Overview
Power Finance Corporation Limited invites proposals for Hiring of Consultants on a milestone/deliverable basis, specifically Legal Subject Matter Expert (SME), with a Hybrid delivery model as defined in the scope of work. The tender contemplates engagement as a Subject Matter Expert (Legal) with milestone-based deliverables, potentially across multiple legal domains. The absence of BOQ items and specified quantities indicates a framework or consultancy engagement rather than a commodity procurement. The buyer’s use of an 25% flexibility clause for quantity or duration post-issuance signals adaptable project sizing and timeline adjustments. The ATC/ATC document is uploaded, signaling bid-specific terms. Unique clause features include an option for excess settlement to include additional charges with supporting documentation. This tender targets specialized legal consultancy services in a government-backed energy financing context.
Technical Specifications & Requirements
- Organization: Power Finance Corporation Limited (India)
- Product/Service: Consultants – Milestone/Deliverable Based – Legal Subject Matter Expert (SME)
- Delivery Model: Hybrid (as per scope of work)
- Flexibility Clauses: up to 25% contract quantity or duration adjustment before issuance; post-issuance up to 25%
- Excess Settlement: allowed with additional charges up to defined percent; requires mandatory supporting documents at invoice time
- BOQ: No items listed; indicates service-oriented engagement rather than material procurement
- ATC Document: tender terms complemented by uploaded ATC file for bid-specific terms
- Category: Hiring of Consultants; Milestone/Deliverable Based; Legal SME
- Location/Context: India; energy/power sector financial services context; no explicit start/end dates provided
- Standards/Certifications: Not specified in available data; bidders should review the ATC document for any required credentials
- Key Differentiator: milestone/deliverable framework with hybrid delivery and excess settlement option
Terms, Conditions & Eligibility
- EMD/Security: Not disclosed in provided data; bidders should consult the ATC for exact EMD requirements
- Eligibility Criteria: Specialist legal expertise; prior milestone-based consultancy delivery preferred
- Delivery Timeline: Not specified; clause indicates flexible duration up to 25% pre/post contract issuance
- Payment Terms: Not specified in data; ATC will define schedule and milestones
- Documents: GST, PAN, experience certificates, financial statements, technical bid, OEM authorizations where applicable (per ATC)
- Penalties/Warranty: Not specified; review ATC for LD or performance penalties
- Other Clauses: Excess settlement mechanism requires justification and documentation; 25% flexible scope
- BOQ: Not applicable; signifies service-oriented procurement
- Location: India; organization: Power Finance Corporation Limited; sector: financial/energy financing
