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Tender Details

Tender Details

Tender ID SkillTender356
Reference No. TrainingTender335
Tender Brief The National Skill Development Fund (NSDF), Ministry of Skill Development and Entrepreneurship (MSDE), intends to invest surplus funds in Fixed Deposits (FDs) with Empanelled Public Sector Banks. The RFP is for a fixed deposit of 900 Crore Rupees for a period of 1 year. Banks are required to submit their bids, offering FDR rates on their letterhead.  
Tender Description The National Skill Development Fund (NSDF), Ministry of Skill Development and Entrepreneurship (MSDE), intends to invest surplus funds in Fixed Deposits (FDs) with Empanelled Public Sector Banks. The RFP is for a fixed deposit of 900 Crore Rupees for a period of 1 year. Banks are required to submit their bids, offering FDR rates on their letterhead.  
Pre-Qualification Criteria

Scope of Work:

  1. The scope of work involves the placement of surplus funds of NSDF into fixed deposits with Empanelled Public Sector Banks.  

Pre-qualification Criteria:

  1. The RFP is open to Empanelled Public Sector Banks.  

Eligibility Criteria:

  1. Empanelled Public Sector Banks are eligible to participate.  

Financial Criteria:

  1. The total amount of the fixed deposit is 900 Crore Rupees.  
  2. The highest bidder (H1) will be offered 60% of the funds.  
  3. The second-highest bidder (H2) will be given a chance to match the rate offered by H1; if agreed, the remaining 40% will be offered to H2.  
  4. If H2 does not match the rate, 100% of the funds will be offered to H1.  

Tender Fee and EMD:

The document does not specify any Tender Fee or EMD.

Submission Guidelines:

  1. Bids must be submitted through the Central Public Procurement Portal (CPPP).  
  2. Banks are required to offer FDR rates on their letterhead, duly signed and stamped.  
Deadlines:                       
  1. Tender Publishing Date: 09th May 2025  
  2. Pre-Bid Meeting: Not mentioned in the document.
  3. Closing Date: 24th May 2025  
  4. Opening Date: Not explicitly mentioned but the bid validity is for 10 days from the submission date.   

 
Tender Fee (Number) NA
EMD (Number) NA
Mode of EMD NA
Estimated Cost NA
Start Date of Document Collection 09th May 2025
Pre-Bid Meeting Date NA
Last Date for Submission 24th May 2025
Opening Date NA
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