Custom Bid for Services Engagement of 108418886

The Indian Renewable Energy Development Agency Limited has published a tender for "Custom Bid for Services - Engagement of a rating agency or its subsidiary for validation of existing ECL Model of IREDA" on the 18 Oct 2024. This tender belongs to Credit agencies category. This tender is published in New Delhi, Delhi location. The vendors interested in this tender and related Credit agencies tenders can obtain further details by registering in the Tendersniper web portal. Upon registration, Tendersniper sends regular tender alerts by email specifically addressing the user requirements (i.e., keywords, location and value range). Government business is a growing area of opportunity. The businesses are encouraged to actively monitor tender opportunities and participate in them to grow their business.
Related alert: accounting and audit services Tenders | credit rating Tenders | investment banking services Tenders

Did You Know?

In New Delhi district, Delhi, a total of 7 Credit agencies tenders have been published, with 1 tenders released last quarter.

Tender Details
 Tender Title / Description
Tender Title Custom Bid for Services - Engagement of a rating agency or its subsidiary for validation of existing ECL Model of IREDA
Tender Description the broad scope of rating agency or its subsidiary shall be as per the following: ecl model validation denotes the processes used to ensure that the credit risk assessment and measurement model used for the derivation of expected credit loss can generate accurate, consistent and unbiased predictive estimates, on an ongoing basis.  throughout ind as 109: validation to be performed throughout ind as 109 model lifecycle. it includes using range of qualitative and quantitative tests to ensure that model is appropriate , accurate and reflective of underlying risks.  validation techniques: back testing and other relevant techniques to be used to analyse the model’s performance on historic data by comparing actual values to forecasted values reviewing model inputs: ensuring that the data used to estimate ecl allowances is relevant, accurate, reliable, and complete  assessing model design: ensuring that the model's underlying theory is conceptually sound and generally accepted  evaluat
Comments the broad scope of rating agency or its subsidiary shall be as per the following: ecl model validation denotes the processes used to ensure that the credit risk assessment and measurement model used for the derivation of expected credit loss can generate accurate, consistent and unbiased predictive estimates, on an ongoing basis.  throughout ind as 109: validation to be performed throughout ind as 109 model lifecycle. it includes using range of qualitative and quantitative tests to ensure that model is appropriate , accurate and reflective of underlying risks.  validation techniques: back testing and other relevant techniques to be used to analyse the model’s performance on historic data by comparing actual values to forecasted values reviewing model inputs: ensuring that the data used to estimate ecl allowances is relevant, accurate, reliable, and complete  assessing model design: ensuring that the model's underlying theory is conceptually sound and generally accepted  evaluat
 Important Dates
Published Date
Due Date 01 Nov 2024 00:00:00
 Estimate and EMD
Estimated Value 0.0
EMD 0 INR
Processing Fee 0 INR
 Tender No

TSID: 108418886

 Tender Type and Location
Tender Category
Tender Type
WhatsApp Chat