ORIENTAL INSURANCE COMPANY LIMITED
BASIC TENDER INFORMATION
·
Bid
Number:
GEM/2025/B/7044824
·
Issued on: 26-12-2025
·
Department: Department of Financial Services
·
Organisation: Oriental Insurance Company Ltd (OICL)
NATURE OF WORK (WHAT THIS TENDER IS FOR)
·
Service Category: Financial Advisory Services – Onsite
·
Specialisation: Indirect Tax / GST &
Tax Advisory
CONTRACT DETAILS
·
Contract Period: 2 years + 1 day
(Extension possible
up to additional 2 years)
·
Deployment: Onsite
·
Post-advisory support required: 24 months
ELIGIBILITY REQUIREMENTS
·
Minimum Experience:
7
years in similar services
·
Past Experience Condition (any one):
o 3 similar works ≥ 40% of estimated value,
OR
o 2 similar works ≥ 50%, OR
o 1 similar work ≥ 80%
·
Required Professionals:
o Chartered Accountant
o GST Expert
o Experience of professionals: 10+
years
⚠
No relaxation
for MSME or Startups on experience/turnover.
FINANCIAL DETAILS
·
Estimated Bid Value: ₹50,00,000 (for reference only)
·
EMD (Earnest Money Deposit):
₹50,000
·
EMD Exemption:
Allowed only as per GeM rules (MSE Service Providers)
·
Performance Bank Guarantee:
10%
of order value (as per RFP, even though ePBG shows “No” in GeM)