NSDC invites Expression of Interest for empanelment of Advisory firms for conducting Techno-Commercial Evaluation of Project Proposals

The National Skill Development Corporation (NSDC) is a one of a kind public private partnership under guidance of Ministry of Skill Development and Entrepreneurship (MSDE) set up as part of the governments’ coordinated action in the skills space with the specific target of skilling /up skilling 160 million people by 2022. NSDC operates mainly by fostering private sector initiatives in this area. In order to achieve this target NSDC has been working on three key mandates:

o Create: Proactively catalyze creation of large, quality vocational training institutions.
o Fund: Reduce risk by providing patient capital and improve returns by providing viability gap funding.
o Enable: Facilitate the creation of support systems required for skill development

With a training partner network of over 300 affiliates, 40 industry-led Sector Skill Councils and various enabling systems and programs, NSDC is a major contributor to the Government’s Skill India mission.

Objectives of the Assignment: In FY16-17, NSDC undertook a Board-approved strategic exercise through a reputed consulting firm to identify key areas and opportunities for growth in the skill development space. A key recommendation that emerged from this exercise was for NSDC to look at strategic funding opportunities by exploring very large-scale projects in the skilling ecosystem – including, but not limited to, joint ventures with states for setting up large skilling institutions/universities, joint ventures/special purpose vehicles with private players, cluster based co-location models and opportunities with foreign players keen to setup skilling projects in India. Furthermore, the Board of NSDC has approved the setting up of a Board-level committee to guide and advise NSDC Management on such projects.

In line with the Board recommendations outlined in the previous section, NSDC is currently engaged in actively assessing proposals for a few large projects. Evaluation of the project proposals will require that NSDC has access to appropriate techno commercial advisory support for them. With an aim to be efficient in conducting the techno-commercial evaluation of these projects, NSDC is now seeking to establish a Panel of pre-qualified Transaction Advisers with scope of services as defined in the Scope of Work in the draft Terms of Reference (ToR) . This Panel will then be used for intensive project proposal evaluation on each individual proposal as and when the need arises.

The duration of the Empanelment is 2 years from the date of signing the contract. The draft Terms of Reference (ToR) is appended below.

The National Skill Development Corporation (NSDC) vide notification Reference No.: EOI/RESEARCH/2017/0023 dated 14th November 2017 now invites Expression of Interest for Empanelment of Advisory firms  (“Consultant”) for conducting Techno-Commercial Evaluation of Project Proposals as a Transaction Adviser. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. Consultants are required to furnish the above information as per the format given under Annexure –I.

The Consultant should not have been black listed by any Government Agency /Public Sector Undertaking/autonomous bodies. Interested consultants are required to submit a declaration on their letter head or an affidavit to this effect as per Annexure – II .

Consulting firm may associate with other firms in the form of a joint venture or a sub-consultancy to enhance their technical qualifications. The “Association” may take the form of a joint venture (with joint and several liability) or of a sub-consultancy, and this should be stated clearly in the submission.

The EoI’s will be evaluated based on the Technical Criteria stated in Table 1 below for empanelment as a Transaction Adviser.

Subsequent to the empanelment process, NSDC, on receiving individual project proposals on potential investments, will issue RFPs to the said Empaneled Transaction Advisers for selection of Consultant for each individual project in accordance with the Quality & Cost Based Selection (QCBS) method set out in the NSDC Procurement Guidelines.

Further information can be obtained at the ad below during office hours 1000 to 1700 hours. Expressions of interest must be delivered as one hard copy and electronic/soft copy either in USB drive or CD to the address below through registered post/speed post/ courier/ by Hand by 28th November 2017 till 1700 hrs.

Contact Details :

National Skill Development Corporation
301, 3rd Floor, West Wing, Worldmark – 1
Aerocity, New Delhi – 110037
T: +011-47451600-10 | F: +91-11 46560417 E-mail: procurement@nsdcindia.org

To view the EOI notification, Click Here