Request for Proposals for Selection of Consultant for Due Diligence Advisory Services for Funding or Non-Funding Proposals

National Skill Development Corporation (NSDC),  Department- Credit Operations and Risk Management through its RFP No. RFP/CORM/2021/005  invites proposals for hiring of a firm for providing Due Diligence Advisory Services for Funding or Non-Funding Proposals under Market led model (hereinafter called “Consultants”).

  • The Consultants are invited to submit a Technical Proposal and a Financial Proposal. The Proposal will be the basis for negotiating and ultimately signing the Contract with the selected Consultant.
  • The Consultants should familiarize themselves with the local conditions and take them into account in preparing their Proposals.
  • The Client will timely provide, at no cost to the Consultants, the inputs, relevant project data, and reports required for the preparation of the Consultant’s Proposal.

Eligibility Criteria: (Mandatory) Only those consultants who qualify the eligibility criteria will be evaluated technically:
1. The bidder must be a Registered legal entity in India with valid GST registration and PAN number. The firm must be a Company, Partnership firm or Proprietorship; in existence from last at least 5 years
AND Bidder should have been in existence and operational continuously anywhere in India for the last 5 (five) years.
Documents to be attached: Certificate of incorporation or any other registration certificate; GST registration certificate; copy of PAN card etc.

Important Fact: SKILL REPORTER is institutional member of FESDIP, the Federation of Education and Skill Development Institutions and Personnel. To know more, go  to FESDIP.in

2. Bidder should have an office in Delhi-NCR
Documents to be attached: Lease agreement/ rent Agreement copy/ copy of latest 3 months utility bill

3. The bidder should not currently be or have been Debarred and / or Blacklisted and / or Suspended by any Central / State Government Department/any multilateral agency nor should have any litigation enquiry pending with regards to the works executed by it.
Documents to be attached: The bidder shall furnish an undertaking for the same duly attested by notary on a non-judicial stamp paper of value Rs. 100/- (Rupees One Hundred Only)

4. Bidder should have an average annual turnover of at least Rs. 25 Crore over the last three financial years; FY 2017-2018; 2018 – 2019 and 2019 – 2020.
Documents to be attached: Audited financial statements along with Auditor report/CA Certificate should be attached for the relevant three years.

5. The bidder shall have minimum manpower strength of 50 persons on the rolls of the bidder.
Documents to be attached: Provident fund registration or Insurance certificate/self-certified documents

6. The bidder must have relevant experience of performing technical and financial due diligence of projects (in debt and equity products including providing investment advisory services, feasibility studies, Techno-economic viability studies etc)
• Bidder should have executed (over the past 3 years) or have ongoing work contracts of cumulative value of at least Rs 10 Crores in relevant areas as described above and
• Bidder should have at least 2 successfully executed contracts or work orders in the previous year in areas as described above and
• Bidder should have experience of having successfully executed work orders or contracts with at least 2 distinct clients in the previous year in areas as described above

Duration of Assignment

The duration of assignment shall initially be for a period of two year and may be extended for a further period depending upon performance and requirement of the project. However, the quality of services provided by the Consultant and the performance of the Consultant shall be reviewed on yearly basis and in case the performance is unsatisfactory, the Consultant’s selection can be terminated at NSDC’s discretion. In case, there is a requirement for more consultants based on volume or geographical reach or any other reason, NSDC may hire more consultants for similar purpose.

For complete information, refer RFP Document (Click Here to download)

Important Dates:
Date of commencement of RFP: April 13, 2021
Receipt of Queries by email to:  procurement@nsdcindia.org
Pre-Bid meeting: April 20, 2021
Last Date and Time of Receipts of Technical and Financial Proposals: April 30, 2021; on or before 1500 Hrs. (Local Time)
Date & Time of Opening of Technical Proposals: April 30, 2021 at 1600 Hrs. (Local Time)

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