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Tender Details

Tender ID Tender1944
Reference No. TendersTime1944
Tender Brief IIM Mumbai Invites ₹15 Crore RFP for Industry-Led Course Delivery & AI Technology Enablement for 4-Year BS Programme.
Tender Description Indian Institute of Management Mumbai has invited an RFP worth ₹15 Crore for Industry-Led Course Delivery and Technology Enablement for its 4-Year BS Digital Science and Business Management Programme.
Pre-Qualification Criteria

Tender Summary

Particular

Details

Organization

Indian Institute of Management Mumbai

Tender Type

Open RFP

Project

Industry-Led Course Delivery & Technology Enablement

Programme

4-Year BS Digital Science & Business Management

Estimated Cost

₹15 Crore (Inclusive of GST)

Bid Validity

120 Days

EMD

₹30,00,000

Tender Fee

Not Mentioned

Number of Covers

2

Selection Method

QCBS (70:30)

Scope of Work

The selected agency will be responsible for:

  1. Delivery of theory and laboratory sessions for identified technology courses.
  2. Developing curriculum, session plans, learning material and laboratory content.
  3. Deployment of qualified trainers, faculty members and industry experts.
  4. Supporting examination, assessments, assignments and evaluation processes.
  5. Providing industry-recognized certifications.
  6. Designing and commissioning AI / Advanced Computing Laboratory.
  7. Organizing workshops, hackathons, guest lectures and industry interactions.
  8. Supporting capstone projects.
  9. Participating in governance meetings, semester reviews and reporting.
  10. Providing semester-wise deliverables and academic support.

The Institute will retain ownership of admissions, academic governance, grading and degree award. The engagement is proposed for an initial four-year period, extendable based on performance.

Pre-Qualification Criteria

Interested bidders must satisfy the following:

  1. Registered Company / LLP / Partnership in India.
  2. Valid GST Registration.
  3. Valid PAN.
  4. Average Annual Turnover of at least ₹100 Crore during FY 2022-23, 2023-24 and 2024-25 from IT and IT-enabled services.
  5. Positive Net Worth as on 31 March 2025.
  6. Not blacklisted by any Government Department/PSU during the previous five years.
  7. Minimum 50 technical professionals on payroll in India.
  8. Experience in System Integration Projects during the last five years.
  9. Experience in conducting technology training/workshops for Educational Institutions, Government Departments, PSUs or large enterprises during the last five years.

Technical Evaluation

The tender will be evaluated under QCBS.

Technical Evaluation includes:

  1. Documentary Evaluation (50 Marks)
  2. Technical Presentation (50 Marks)

Minimum Technical Qualifying Score:

60 out of 100

Presentation includes:

  1. Programme understanding
  2. Course delivery methodology
  3. Demonstration teaching session
  4. AI Lab approach
  5. Faculty deployment
  6. Assessment methodology
  7. Governance model
  8. Question & Answer Session

Financial Criteria

Requirement

Details

Average Annual Turnover

Minimum ₹100 Crore

Net Worth

Positive as on 31 March 2025

Estimated Project Cost

₹15 Crore

Payment Method

NEFT / RTGS

Payment Timeline

Within 45 Business Days

Important Dates

Activity

Date

Tender Publication

As per Portal

Document Download Start

As per Portal

Document Download End

As per Portal

Last Date for Bid Submission

As per Portal

Technical Bid Opening

As per Portal

Technical Presentation

12 August 2026

Bid Validity

120 Days

Pre-Bid Meeting: Not Mentioned in the tender document.

Tender Fee & EMD

Particular

Details

Tender Fee

Not Mentioned

Earnest Money Deposit

₹30,00,000

EMD Mode

Online Bank Transfer (Bank details provided in tender)

EMD Exemption

Not Mentioned

Submission Guidelines

Interested agencies should:

  1. Submit bids in two-cover format.
  2. Upload all required supporting documents.
  3. Ensure all documents are signed by the authorized signatory.
  4. Submit proposals strictly in the prescribed format.
  5. Follow all corrigenda issued by IIM Mumbai before bid submission.

Document Checklist

Applicants should prepare:

  1. Certificate of Incorporation / Registration
  2. GST Certificate
  3. PAN Card
  4. CA Certificate for Annual Turnover
  5. Audited Balance Sheet FY 2024-25
  6. Positive Net Worth Certificate
  7. Self Declaration regarding Blacklisting
  8. Self Declaration for Technical Manpower
  9. System Integration Project Experience Documents
  10. Training Experience Certificates
  11. Work Orders / Completion Certificates
  12. Customer References
  13. Faculty Profiles / CVs
  14. Technical Proposal
  15. Financial Proposal
  16. Authorization Letter
  17. EMD Proof

Quick Eligibility Snapshot

Requirement

Details

Minimum Average Annual Turnover

₹100 Crore

Net Worth Requirement

Positive as on 31 March 2025

Minimum Experience

5 Years (Relevant Projects & Training)

Submission Mode

Online (Portal-Based)

EMD Exemption

No mention

Tender Fee

Not Mentioned

EMD Amount

₹30,00,000

Mode of EMD

Online Bank Transfer

Estimated Cost

₹15 Crore

Industry

Higher Education / EdTech / AI / IT / Digital Learning

Why This Tender Matters

The RFP presents a significant opportunity for large EdTech companies, technology consulting firms, AI solution providers, system integrators, and academic management organizations. With a project value of ₹15 Crore and a four-year engagement, the selected partner will contribute to one of India's premier management institutes in building a future-ready undergraduate programme integrating Artificial Intelligence, Digital Science, Computing, and Business Management.

Consultation & Advisory

Organizations requiring tender consultation, bid preparation, eligibility assessment, documentation support, consortium formation, proposal drafting, or bid submission advisory may contact:

📞 Call / WhatsApp: 9630030343
📧 Email: support@skillcouncils.com

Minimum Average annual Turnover ₹100 Crore
Net Worth Positive
Minimum Experience 5 Years
Submission Mode Online
EMD Exemption Not mentioned
Tender Fee (Number) Not Mentioned
EMD (Number) ₹30,00,000
Mode of EMD Online
Estimated Cost ₹15 Crore
Start Date of Document Collection Not mentioned
Pre-Bid Meeting Date Not mentioned
Last Date for Submission 10 August 2026
Opening Date Not Specified
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