Department Of Posts inviting for financial advisory services - onsite; tax advisory
1. What is Being Procured?Service:
Financial Advisory Services – Onsite (Tax
Advisory)
Scope includes:
GST filing
TDS filing
Tax litigation
strategy
Support during
tax assessments
Compliance
& governance
Valuation of liabilities
2.Deployment: Onsite
Reports: Monthly progress reports
Resource Required:
Chartered
Accountant (CA)
Firm must be ICAI
registered
Experience: 5–7 years
3. Contract Details
Contract
Period: 1 year
Estimated Bid
Value: ₹12,00,000
Evaluation
Method: Total value (L1) wise
Bid Type:
Two-packet (Technical + Financial)
4. Financial Requirements
EMD (Earnest
Money Deposit)
Amount: ₹36,000
Bank: State
Bank of India
5.Performance
Security (ePBG)
Percentage: 5%
of contract value
Duration: 18
months
No MSME / Startup relaxation for turnover or
experience.
6. Eligibility Criteria (Very Important)
You must
qualify ALL of these:
Turnover:
Minimum ₹10
lakh average annual turnover for last 3 years
Experience:
5 years of
similar services
Experience must
be with Govt / PSU / PSB / Municipal bodies
Past Work (Any
ONE option):
3 similar works
≥ 40% of estimated value OR
2 similar works
≥ 50% OR
1 similar work
≥ 80%
7. GST & RCM
RCM Applicable:
Yes
Seller must
quote 0% GST
Buyer (Dept of Posts) will pay GST under Reverse Charge Mechanism
Other Important Points
Bid splitting:
Not allowed
Auto-extension:
If fewer than 2
bids, bid extends
Max 2
extensions of 7 days each
Quantity/Duration
change: Buyer can vary up to ±25%
Compliance: All
labour laws & GeM GTC apply