Detailed Summary of RFP for Engagement of Training Agency(ies) for NPS SANCHAY
Quick Reference Information
| Particulars | Details |
|---|---|
| State | All India (Pan-India coverage) |
| Issuing Authority | Pension Fund Regulatory and Development Authority (PFRDA), New Delhi |
| Title of Tender/RFP | Engagement of Training Agency(ies) for Subscriber Awareness, Education and Training for Stakeholders on NPS SANCHAY in Agri Segment |
| Value of the Tender | Not specified (variable based on sessions conducted) |
| Tender Fee (Non-refundable Application Fee) | ₹10,000 + GST @18% |
| EMD (Bid Security) | ₹50,000 (Exempted for MSEs and Startups as per DIPP recognition) |
| Last Date of Submission (Revised) | 14th July 2026 (Extended from 3rd July 2026) |
| Time of Submission | 15:00 Hrs |
| Mode of Submission | Physical submission (Hard copy + Soft copy in Pen Drive) – No email/fax submission |
| Download Tender/EOI | Available at PFRDA website: www.pfrda.org.in OR VIEW RFP |
1. Important Dates (Revised via Corrigendum)
| S.No. | Activity | Previous Dates | Revised Dates |
|---|---|---|---|
| 1 | Issuance of RFP | 12th June 2026 | 12th June 2026 |
| 2 | Corrigendum Issued | – | 22nd June 2026 |
| 3 | Last date for receiving queries | 22nd June 2026 (18:00 Hrs) | 3rd July 2026 (18:00 Hrs) |
| 4 | Pre-Bid Meeting | 25th June 2026 (11:00 Hrs) | 6th July 2026 (11:00 Hrs) |
| 5 | Last date for submission of proposals | 03rd July 2026 (15:00 Hrs) | 14th July 2026 (15:00 Hrs) |
| 6 | Technical Proposal Opening | 03rd July 2026 (15:30 Hrs) | 14th July 2026 (15:30 Hrs) |
| 7 | Presentation on Technical Proposal | 17th July 2026 | 21st July 2026 |
| 8 | Commercial Proposal Opening | 23rd July 2026 | 30th July 2026 |
| 9 | Contract finalization and award | After approval of competent authority | After approval of competent authority |
2. Corrigendum Changes Summary
| Clause | Original Clause | Corrected Clause |
|---|---|---|
| 2.1 (Sr. No. 8) | At least 50% of minimum trainers in English or Hindi | At least 10 trainers for training in Hindi |
| 3.2 (d) | Content delivered exclusively in relevant regional/vernacular language | Content delivered in Hindi OR other regional languages |
| 4.5 (e) | All proposals in English only | All proposals in English or Hindi |
| 5.8 (c) | Agency shall continue work during arbitration proceedings unless otherwise directed by PFRDA | Same clause (formatting correction) |
3. About the Authority
Pension Fund Regulatory and Development Authority (PFRDA) is a statutory Authority established under the PFRDA Act, 2013. Its mandate includes:
- Promoting old age income security through pension funds
- Regulating and developing pension funds
- Protecting subscriber interests
- Administering Government schemes including:
- National Pension System (NPS) – mandatory for Central Govt recruits since 2004
- Atal Pension Yojana (APY) – launched in 2015
- NPS Vatsalya (2024)
- Multiple Scheme Framework (2025)
- NPS Sanchay (2026) – Simplified NPS variant for unorganised sector
4. About NPS SANCHAY
NPS SANCHAY is a simplified NPS variant specifically designed for subscribers in the unorganised segment of the economy, majorly engaged in:
- Agriculture sector and allied activities (dairy, fisheries, animal husbandry, horticulture, sericulture, apiculture, etc.)
- Rural-based nano enterprises
Under this system, subscribers make periodic contributions into their Individual Pension Account during working years (independently or with employer) and utilize accumulated corpus at retirement for a regular pension.
5. Scope of Work
5.1 Target Beneficiaries
Training to be conducted at District, Block, Gram Panchayat, and Community levels for:
- Cultivators and agricultural labourers
- Self-employed rural workers
- Members of Farmer Producer Organisations (FPOs)
- Primary Agricultural Credit Societies (PACS)
- Joint Liability Groups (JLGs)
- Krishi Vigyan Kendras (KVKs) participants
- Village Level Entrepreneurs (VLEs) of Common Service Centres (CSCs)
- Proprietors and workers of rural nano-units
5.2 Training Modes (9 types)
Training Agency to quote for all modes:
| Mode | Type | Description |
|---|---|---|
| A | Online Webinar (Central/State Level) | Expert sessions for stakeholders |
| B | Online Webinar (Intermediate Level) | FPOs, PACS, JLGs, KVKs, VLEs of CSCs |
| C | Online Webinar (Grassroots Level) | Direct subscriber awareness |
| D | Offline at own premises (Central/State Level) | Physical training at agency HQ/regional offices |
| E | Offline at own premises (Intermediate Level) | Physical training for FPOs, PACS, etc. |
| F | Offline at own premises (Grassroots Level) | Direct subscriber physical training |
| G | Offsite Offline at recipient location (Central/State) | Training at beneficiary locations |
| H | Offsite Offline at recipient location (Intermediate) | Training at beneficiary locations |
| I | Offsite Offline at recipient location (Grassroots) | Training at beneficiary locations |
5.3 Key Deliverables
- Content development and design in customized manner
- Delivery in Hindi or regional languages (revised)
- Minimum 30 participants per session (up to 100 for pro-rata payment)
- Session duration: 90 minutes + 30 minutes Q&A
- Dashboard for PFRDA with session reports
- Geotagged photographs, video (1 min), and screenshots for online sessions
- Participant feedback forms
- Training completion certificates to participants
5.4 Language Requirements
- Trainers required: Minimum 30 academic faculties
- Hindi trainers: At least 10 trainers
- Regional language trainers: At least 2 trainers proficient in each of:
- Telugu, Tamil, Malayalam, Kannada, Odia, Gujarati, Marathi, Bengali, Punjabi, Assamese
5.5 Post-Training Activities
- Submit training reports within 15 days of each session
- Submit consolidated report with invoices within 15 days after month-end
- Separate demographic bifurcation report with FAQs
6. Eligibility Criteria (Pre-Qualification)
| Criteria | Requirement |
|---|---|
| Legal Entity | Company registered under Companies Act / Partnership Firm / LLP / Registered Society / Trust (No consortium) |
| Financial Strength | Positive tangible net worth for 3 FYs (2022-23 to 2024-25) |
| Turnover | Average annual turnover of ₹2.0 Crore exclusively from training activities on financial products in BFSI sector (3 FYs) |
| Experience | Minimum 3 preceding financial years in training/capacity building on financial products for BFSI/Financial Sector Regulators |
| Clients | Minimum 5 clients from BFSI sector/Regulators with each project value of ₹20 lakh (FY 2022-23 to 2024-25) |
| Training Sessions | Annual average of 500 individual training sessions (50% in offline mode) |
| Participants Trained | Annual average of 15,000 participants (FY 2022-23 to 2024-25) |
| Staff Strength | Minimum 30 academic faculties; at least 10 Hindi trainers; 2 trainers each for 10 regional languages |
| Trainers Qualification | Graduate/Post Graduate/Professional Certification in Finance with 2 years experience |
| Project Coordinators | Post Graduate/Professional Certification with 3 years experience (must be on full-time rolls) |
Disqualification Conditions
- False representation
- Poor performance record (abandonment, delay, incomplete projects)
- Blacklisted by any Government/organization
- Contract termination for breach
7. Technical Evaluation Criteria (Total 100 Marks)
| Parameter | Max Marks | Scoring |
|---|---|---|
| Average Annual Turnover (FY 2022-25) | 5 | ₹2-4 Cr: 1 mark; ₹4-6 Cr: 3 marks; ₹6 Cr+: 5 marks |
| Number of Clients (minimum 5) | 10 | 5-7: 5 marks; 8-10: 7 marks; >10: 10 marks |
| Clients with ₹20 lakh+ projects | 10 | 5-7: 5 marks; 8-10: 7 marks; >10: 10 marks |
| Years of Experience | 10 | 3-7 yrs: 5 marks; 7-10 yrs: 10 marks; 10+: 15 marks |
| Training Sessions (avg per year) | 15 | 500-749: 5; 750-999: 10; 1000+: 15 |
| Participants Trained (avg per year) | 15 | 15,000-19,999: 5; 20,000-24,999: 10; 25,000+: 15 |
| Number of Trainers (minimum 30) | 5 | 30-39: 1 mark; 40-49: 3 marks; 50+: 5 marks |
| Presentation/Roadmap | 30 | Based on quality of presentation |
Minimum qualifying score: 60 marks
8. Commercial Evaluation
8.1 Evaluation Method
- Least Cost Based Selection (LCBS) process
- Weightage: 60% Online Mode + 40% Offline Mode
8.2 Calculation Formula
Online Mode = (A + B + C) × 2 sessions each
Offline Mode = (D + E + F + G + H + I) × 1 session each
8.3 Selection Process
- L1 bidder (lowest final weighted average) identified
- Other bidders can match L1 rates
- Up to 4 agencies to be empaneled
- If >4 agencies accept L1 rates, selection based on technical scores (descending order)
- Tie-breaker: sequential comparison of Parameters 1-5 of technical evaluation
9. Financial Details
| Particulars | Amount |
|---|---|
| Application Fee (Non-refundable) | ₹10,000 + GST @18% |
| EMD/Bid Security | ₹50,000 (MSEs/Startups exempted) |
| Performance Bank Guarantee | 10% of total bid/assignment value |
Bank Account Details
- Bank: Indian Overseas Bank
- Account No: 159901000000855
- IFSC Code: IOBA0001599
- Beneficiary: Pension Fund Regulatory & Development Authority
Payment Terms
- No advance payment
- Monthly payments after completion of training and report submission
- GST payable as applicable
- Electronic fund transfer in Indian Rupees
10. Contract Details
| Parameter | Details |
|---|---|
| Contract Period | 3 years (extendable by 1 year at PFRDA’s discretion) |
| Work Allocation | At PFRDA’s sole discretion – no guaranteed minimum work |
| Number of Agencies | Maximum up to 4 (four) |
| Governing Law | Laws of Union of India |
| Jurisdiction | Courts at New Delhi |
| Arbitration | Under Arbitration and Conciliation Act, 1996; proceedings in Delhi; language: English |
11. Proposal Submission Requirements
Envelopes Required
- Envelope I: Application Fee + EMD (sealed, superscribed)
- Envelope II: Technical Proposal + Softcopy (Pen Drive) – 1 Hard copy
- Envelope III: Commercial Proposal (sealed)
Submission Address
Chief General Manager (Distribution – NPS Agri and Allied Sector, Rural based Nano units)
Pension Fund Regulatory and Development Authority (PFRDA)
5th Floor, Tower – E, WTC Block E, Block F
Nauroji Nagar, Safdarjung Enclave
New Delhi, Delhi – 110029
Important Notes
- Proposals must be in English or Hindi (revised)
- Valid for 120 days from technical proposal opening
- All pages to be serially numbered and authenticated
- No interlineations or overwriting except corrections authenticated
- Amount in words prevails in case of discrepancy
12. Key Documents to be Submitted
| Annexure | Document |
|---|---|
| I | Proposal Submission Letter Form |
| II | No Deviation Certificate |
| III | Pre-Bid Query Format |
| IV | Technical Proposal Letter |
| V | Format of Technical Proposal (General Information + Eligibility Criteria) |
| VI | Details of Financial Strength, Experience, Manpower, Venue |
| VII | Commercial Proposal Letter |
| VIII | Declaration cum Certificate (Non-blacklisting, etc.) |
| IX | Curriculum Vitae Format |
| X | Integrity Agreement (to be signed) |
13. Important Clauses
13.1 Intellectual Property
- Content generated by Training Agency exclusively owned by PFRDA
- Agency gets only right of use during engagement tenure
13.2 Confidentiality & Data Protection
- All participant data belongs exclusively to PFRDA
- Digital Personal Data Protection Act, 2023 (DPDP Act) applicable
- Agency must surrender all data; cannot retain or use for commercial purposes
13.3 Termination
- PFRDA can terminate with 30 days’ notice without reason
- Immediate termination for:
- Material breach (15 days to remedy)
- Persistent service failures
- Insolvency/liquidation
- Fraud/misrepresentation/corruption
- Unauthorized sub-contracting
13.4 Sub-contracting
- Not permitted without prior written approval from PFRDA
- Unauthorized sub-contracting = material breach
13.5 Indemnification
- Agency to indemnify PFRDA against third-party claims arising from breach of contract/RFP
13.6 Force Majeure
- Includes: natural disasters, epidemics/pandemics, war/terrorism, government orders, nationwide strikes
- Excludes: financial hardship, staff shortage, normal weather fluctuations
- Notice required within 7 calendar days
14. Key Takeaways
- Extension of timeline by 11 days (from 3rd July to 14th July 2026)
- Hindi trainers requirement changed from 50% to fixed “at least 10 trainers”
- Language flexibility – content can be in Hindi OR regional languages (not exclusively regional)
- Bid language – English OR Hindi (both acceptable)
- Maximum 4 agencies to be empaneled
- No consortium allowed
- MSEs and Startups exempted from EMD
- Minimum technical score required: 60 marks
- No advance payment – monthly payment after completion
- DPDP Act 2023 compliance mandatory for data protection
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