| i. Submission of Security Amount & Contract Signing
The successful bidder must submit the security amount and sign the contract within 15 days of LOA issuance; as per clause no. 15 of tender a delay beyond 15 days will incur a penalty of INR 5,000 per day, and if the delay exceeds 21 days, the contract may be cancelled, the EMD forfeited, and action will be taken under the Punjab Transparency in Public Procurement Act, 2019 and rule 2022.
ii. Design Deliverables:
The selected agency shall be responsible for providing a minimum of 55 creative Assets (31 creative Assets for Social Media (6 reels, 2 Infographic videos, 6 image carousels and 17 Static Posts) and 24 Creative Assets for print collateral) per month for various branding and marketing activities as per clause no. 8.3.2 & 8.3.3. In case the agency fails to deliver the required 55 creative Assets in any given month, the following penalties will be applicable:-
| Condition |
Penalty |
| Shortfall of up to 10% |
5% deduction of monthly fee |
| Shortfall of 10–20% |
10% deduction of monthly fee |
| Shortfall >20% |
20% deduction + warning notice |
iii. Social Media Growth ( Engagement Target)
The Successful Bidder is required to maintain a minimum of 3% engagement rate on both Instagram and Facebook as per clause no. 8.3.3. In case the engagement rate does not meet the target the following penalties will be levied (the penalties will be applied separately for both the Platforms – Facebook and Instagram) :-
| Condition |
Penalty |
| Engagement rate falls below 3% in any given month |
3% penalty on the total bill for that period |
| Engagement rate falls below 3% for two consecutive months |
5% penalty on the total bill for that period |
| Engagement rate falls below 3% for three consecutive months |
10% penalty on the total bill for that period |
| Engagement rate remains below 3% for four consecutive months |
Termination of the agreement at the discretion of MARKFED (as per clause 20) |
iv. Report and Analytics
The Successful Bidder is required to submit a Monthly Progress report by 7th of every subsequent month which includes progress on target as specified by MARKFED given in the Scope of work in Paragraph 7 of the document. In case, the bidder fails to submit progress report on time, the following penalties shall be imposed: –
| Condition |
Penalty |
| Delay up to 7 days |
5% deduction on Monthly Bill |
| Delay beyond 7 days/non-submission |
Hold entire payment until submission |
v. Creation of Monthly Content Calendar
The Successful Bidder is required to submit a Monthly Content Calendar by 7th of every month as per clause no. 7.3.1 & 8.3.2. In case the bidder fails to submit progress report on time, the following penalties shall be imposed:-
| Condition |
Penalty |
| Delay up to 7 days |
5% deduction on Monthly Bill |
| Delay beyond 7 days/non-submission |
Hold entire payment until submission |
vi. Monthly average growth in reach
The successful bidder is required to ensure a minimum 15% month-on-month increase in the average reach per post on Instagram and Facebook as per clause no. 8.3.3. In case the bidder fails to maintain month-on-month increase in the average reach per post, the following penalties shall apply:-
| Condition |
Penalty |
| 10-15% |
5% deduction on Monthly Bill |
| 5-10% |
10% deduction on Monthly Bill |
| Less than 5% |
20% deduction + warning notice |
vii. Monthly average growth in views on reels/video
The successful bidder is required to ensure a minimum 10% month-on-month increase in the average views per video/reel on Instagram and Facebook as per clause no. 8.3.3. In case the bidder fails to maintain month-on-month increase in the average views per reel/video, the following penalties shall apply:-
| Condition |
Penalty |
| 5-10% |
10% deduction on Monthly Bill |
| Less than 5% |
20% deduction + warning notice |
viii. Follower Growth
The successful bidder is required to ensure a minimum 3% month-on-month increase in the followers on Instagram and Facebook as per clause no. 8.3.3. In case the bidder fails to maintain follower growth, the following penalties shall apply:-
| Condition |
Penalty |
| 2-3% |
5% deduction on Monthly Bill |
| 1-2% |
10% deduction on Monthly Bill |
| Less than 1% |
20% deduction + warning notice |
ix. Public Relations Strategy:
The selected agency shall be responsible for providing Public Relations strategy annually as per clause no. 8.3.2. In case the agency fails to deliver the required Public Relations Strategy, the following penalties will be applicable:-
| Condition |
Penalty |
| Delay upto 1 month |
5% deduction of monthly fee |
| Delay upto 2 month |
10% deduction of monthly fee |
| |
Delay upto 3 month |
20% deduction + warning notice |
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x. Competitor Analysis Report:
The selected agency shall be responsible for providing Competitor analysis reports monthly as per clause no. 8.3.2. In case the agency fails to deliver the required competitor analysis report, the following penalties will be applicable:-
| Condition |
Penalty |
| Delay upto 1 month |
5% deduction of monthly fee |
| Delay upto 2 month |
10% deduction of monthly fee |
| Delay upto 3 month |
20% deduction + warning notice |
xi. Brand Kit:
The selected agency shall be responsible for providing Brand kit within the first 4 months of the award of contract. In case the agency fails to deliver the brand kit, the following penalties will be applicable:-
| Condition |
Penalty |
| Delay upto 1 month |
5% deduction of monthly fee |
| Delay upto 2 month |
10% deduction of monthly fee |
| Delay upto 3 month |
20% deduction + warning notice |
In case the Bidder is not able to meet any of the targets for any 4 months in a year, then the payment will be withheld, and the contract shall be terminated, and security amount shall be forfeited.
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i. Submission of Security Amount & Contract Signing
The successful bidder must submit the security amount and sign the contract within 15 days of LOA issuance; as per clause no. 15 of tender a delay beyond 15 days will incur a penalty of INR 5,000 per day, and if the delay exceeds 21 days, the contract may be cancelled, the EMD forfeited, and action will be taken under the Punjab Transparency in Public Procurement Act, 2019 and rule 2022.
ii. Design Deliverables:
The selected agency shall be responsible for providing a minimum of 55 creative Assets (31 creative Assets for Social Media (6 reels, 2 Infographic videos, 6 image carousels and 17 Static Posts) and 24 Creative Assets for print collateral) per month for various branding and marketing activities as per clause no. 8.3.2 & 8.3.3. In case the agency fails to deliver the required 55 creative Assets in any given month, the following penalties will be applicable:-
| Condition |
Penalty |
| Shortfall of up to 10% in any given Month |
5% penalty on the total bill for that period |
| Shortfall of up to 10% for two
consecutive months |
10% penalty on the total bill for that period |
| Shortfall of up to 10% for Three
consecutive months |
15% penalty on the total bill for that period |
| Shortfall of up to 10% for Four consecutive months |
Termination of the agreement at the discretion of MARKFED (as per clause 20) |
iii. Social Media Growth ( Engagement Target)
iv. The Successful Bidder is required to maintain a minimum of 3% engagement rate on both Instagram and Facebook as per clause no. 8.3.3. In case the engagement rate does not meet the target the following penalties will be levied (the penalties will be applied separately for both the Platforms – Facebook and Instagram) :-
| Condition |
Penalty |
| Engagement rate falls below 3% in any given month |
3% penalty on the total bill for that period |
| Engagement rate falls below 3% for two consecutive months |
5% penalty on the total bill for that period |
| Engagement rate falls below 3% for three consecutive months |
10% penalty on the total bill for that period |
| Engagement rate remains below 3% for four consecutive months |
Termination of the agreement at the discretion of MARKFED (as per clause 20) |
iv. Report and Analytics
The Successful Bidder is required to submit a Monthly Progress report by 7th of every subsequent month which includes progress on target as specified by MARKFED given in the Scope of work in Paragraph 7 of the document. In case, the bidder fails to submit progress report on time, the following penalties shall be imposed: –
| Condition |
Penalty |
| Delay up to 7 days |
5% deduction on Monthly Bill |
| Delay beyond 7 days/non-submission |
Hold entire payment until submission |
v. Creation of Monthly Content Calendar
The Successful Bidder is required to submit a Monthly Content Calendar by 7th of every month as per clause no. 7.3.1 & 8.3.2. In case the bidder fails to submit progress report on time, the following penalties shall be imposed:-
| Condition |
Penalty |
| Delay up to 7 days |
5% deduction on Monthly Bill |
| Delay beyond 7 days/non-submission |
Hold entire payment until submission |
vi. Monthly average growth in reach
The successful bidder is required to ensure a Monthly increase in the average reach per post on Instagram and Facebook as per clause no. 8.3.3. In case the bidder fails to maintain month-on-month increase in the average reach per post, the following penalties shall apply:-
| Condition For Facebook |
Penalty |
| Below 5 lacs in any given Month |
5% penalty on the total bill for that period |
| Below 5 lacs for two consecutive months |
10% penalty on the total bill for that period |
| Below 5 lacs for Three consecutive months |
15% penalty on the total bill for that period |
| Below 5 lacs for Four consecutive months |
Termination of the agreement at the discretion of MARKFED (as per clause 20) |
| Condition For Instagram |
Penalty |
| Below 2.5 lacs in any given Month |
5% penalty on the total bill for that period |
| Below 2.5 lacs for two consecutive months |
10% penalty on the total bill for that period |
| Below 2.5 lacs for Three consecutive months |
15% penalty on the total bill for that period |
| Below 2.5 lacs for Four consecutive months |
Termination of the agreement at the discretion of MARKFED (as per clause 20) |
vii. Monthly average growth in views on reels/video
The successful bidder is required to ensure a minimum 20,000 (for Facebook, Instagram and You – tube) month-on-month increase in the average views per video/reel on Instagram and Facebook as per clause no. 8.3.3. In case the bidder fails to maintain month-on-month increase in the average views per reel/video, the following penalties shall apply:-
| Condition For Face Book , Instagram and You- Tube |
Penalty |
| Below 20000 in any given period |
5% penalty on the total bill for that period |
| Below 20000 for two consecutive months |
10% penalty on the total bill for that period |
| Below 20000 for Three consecutive months |
15% penalty on the total bill for that period |
| Below 20000 for Four consecutive months |
Termination of the agreement at the discretion of MARKFED (as per clause 20) |
viii. Follower Growth
The successful bidder is required to ensure a monthly increase in the followers on Instagram and Facebook as per clause no. 8.3.3. In case the bidder fails to maintain follower growth, the following penalties shall apply:-
| Condition For Face Book |
Penalty |
| Below 3000 in any given Month |
5% penalty on the total bill for that period |
| Below 3000 for two consecutive months |
10% penalty on the total bill for that period |
| Below 3000 for Three consecutive months |
15% penalty on the total bill for that period |
| Below 3000 for Four consecutive months |
Termination of the agreement at the discretion of MARKFED (as per clause 20) |
| Condition For Instagram |
Penalty |
| Below 300 in any given Month |
5% penalty on the total bill for that period |
| Below 300 for two consecutive months |
10% penalty on the total bill for that period |
| Below 300 for Three consecutive months |
15% penalty on the total bill for that period |
| Below 300 for Four consecutive months |
Termination of the agreement at the discretion of MARKFED (as per clause 20) |
ix. Public Relations Strategy:
The selected agency shall be responsible for providing Public Relations strategy annually as per clause no. 8.3.2. In case the agency fails to deliver the required Public Relations Strategy, the following penalties will be applicable:-
| Condition |
Penalty |
| Delay upto 1 month |
5% deduction of monthly fee for that period |
| Delay upto 2 month |
10% deduction of monthly fee for that period |
| Delay upto 3 month |
15% deduction of monthly fee for that period |
| Delay upto 4 month |
Termination of the agreement at the discretion of MARKFED (as per clause 20) |
x. Competitor Analysis Report:
The selected agency shall be responsible for providing Competitor analysis reports monthly as per clause no. 8.3.2. In case the agency fails to deliver the required competitor analysis report, the following penalties will be applicable:-
| Condition |
Penalty |
| Delay upto 1 month |
5% deduction of monthly fee |
| Delay upto 2 month |
10% deduction of monthly fee for that period |
| Delay upto 3 month |
15% deduction of monthly fee for that period |
| Delay upto 4 month |
Termination of the agreement at the discretion of
MARKFED (as per clause 20) |
xi. Brand Kit:
The selected agency shall be responsible for providing Brand kit within the first 4 months of the award of contract. In case the agency fails to deliver the brand kit, the following penalties will be applicable:-
| Condition |
Penalty |
| Delay upto 1 month |
5% deduction of monthly fee for that period |
| Delay upto 2 month |
10% deduction of monthly fee for that period |
| Delay upto 3 month |
15% deduction of monthly fee for that period |
| Delay upto 4 month |
Termination of the agreement at the discretion of MARKFED (as per clause 20) |
In case the Bidder is not able to meet any of the targets for any 4 months in a year, then the payment will be withheld, and the contract shall be terminated, and security amount shall be forfeited.
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