Industrial Finance Corporation of India invites for Financial Advisory Services

Industrial Finance Corporation of India

Financial Advisory Services

Bid Number: GEM/2026/B/7095125
Issued by: Industrial Finance Corporation of India (IFCI),

Eligibility & Qualification

·         Minimum Average Turnover: ₹50 lakh (average of last 3 years)

·         Experience: As specified in attached SOW (experience with Government departments, PSUs, PSBs, etc.)

·         Professionals Required:

o    Chartered Accountant / Tax Expert

o    Qualification: CA / ICWA

o    Certification: Indian Accounting Standards (Ind AS)

o    Experience: 5–7 years

·         MSE Relaxation:

o    Full relaxation on experience and turnover criteria

o    Purchase preference applicable up to L1 + 15%

·         Startup Relaxation: Not available

Bid & Evaluation Details

·         Bid Type: Two-Packet Bid (Technical + Financial)

·         Evaluation Method: Total value-wise evaluation

·         Estimated Bid Value: ₹21,24,000 (indicative only)

·         Bid Offer Validity: 90 days

·         Technical Clarifications: Allowed within 2 days

Financial Security

·         EMD Amount: ₹63,720

·         EMD Bank: HDFC Bank

·         ePBG:

o    5% of contract value

o    Valid for 15 months

·         EMD Exemption: Available for eligible MSE service providers (not traders)

Payment Terms

·         Payment Frequency: Quarterly (end of each quarter)

Nature of Work

·         Service Category: Financial Advisory Services – Onsite; Tax Advisory

·         Scope: Servicing of liabilities, tax advisory, and related financial advisory services

·         Deployment: Onsite

·         Reports: Monthly progress reports required

·         Contract Duration: 1 year