All India / Central • Ajnifm

Ajnifm Adjunct Faculty / Professor Of Practice 20/04/2026 31/12/202 Recruitment

Official recruitment notice issued by Ajnifm for the post of Adjunct Faculty / Professor Of Practice 20/04/2026 31/12/202. Review verified pay structure, eligibility, vacancies, and application guidelines.

Arun Jaitley National Institute of Financial Management (AJNIFM Faridabad) Official Logo
Recruiting Authority
Arun Jaitley National Institute of Financial Management (AJNIFM Faridabad)
View Dossier
Arun Jaitley National Institute of Financial Management (AJNIFM Faridabad) Official Emblem
Recruiting Authority
Portal: ajnifm.ac.in

Key Recruitment Specifications

Total Vacancies
1 Posts
Pay Scale / Salary
Rs. 006437
Age Criteria
18 to 35 Years
Application Deadline
2026-04-20

Category-Wise Vacancy Reservation

URTotal
11
Crucial Recruitment Schedule
Online Registration Starts2026-04-20
Application Deadline2026-04-20

Essential Educational Qualification

Graduate / As specified in official notice. Candidates must ensure all certificates are verified prior to the cutoff date.

Selection Methodology

1. Screening / Shortlisting of Applications, 2. Academic / Research Performance Evaluation, 3. Personal Interview & Document Verification.

Frequently Asked Questions

The last date for submitting online applications is 2026-04-20. Candidates are advised to complete registration before the cutoff date to avoid portal traffic.
The remuneration is structured as Rs. 006437. Selected candidates are also eligible for Central/State Dearness Allowance (DA), House Rent Allowance (HRA), and statutory pension contributions.
Applicants must possess Graduate / As specified in official notice. Candidates must ensure certificates and degrees are issued prior to the application cutoff.
The selection methodology involves: 1. Screening / Shortlisting of Applications, 2. Academic / Research Performance Evaluation, 3. Personal Interview & Document Verification.
Related Openings under Ajnifm
Cadre DesignationVacanciesPay LevelDeadline
Government Post / 1 Rs. 25,500 - 29,200 2026-09-30
Government Post / 1 Rs. 25,500 - 29,200 2026-09-30
Junior Translator in Level 1 Rs. 25,500 - 29,200 2026-09-30
Advisor 1 Rs. 25,500 - 29,200 2026-09-30
Active Procurement Tenders by Ajnifm
Procurement ScopeEst. ValueEMD AmountClosing Date
Tender Notice - Ajnifm (Tender: General Gover Refer Tender Notic 2% Statutory EMD Refer RFP Sched
Tender Notice - Ajnifm (Tender: General Gover Refer Tender Notic 2% Statutory EMD Refer RFP Sched
Tender Notice - Ajnifm (Tender: General Gover Refer Tender Notic 2% Statutory EMD Refer RFP Sched
Tender Notice - Ajnifm (Tender: General Gover Refer Tender Notic 2% Statutory EMD Refer RFP Sched

e-Procurement Bidding Roadmap & Portal Workflow

1

Complete mandatory registration on the GeM 4.0 portal and Central Public Procurement Portal using valid Class 3 Digital Signature Certificates issued by licensed certifying authorities in India.

2

Participate actively in the pre-bid clarification meeting scheduled by Ajnifm to seek technical modifications, address ambiguities, and submit formal queries within the stipulated timeline.

3

Prepare and upload the two-cover bid meticulously, ensuring Cover 1 contains complete technical credentials, statutory compliances, and faculty profiles without any financial disclosures.

4

Submit the financial bid (BoQ) exclusively through the online GeM portal, detailing consolidated fee structures, applicable taxes, and cost breakdowns as per the tender specification.

5

Await the technical evaluation results, participate in financial opening upon responsiveness, and formally acknowledge the Letter of Award (LoA) issued by the competent authority.

Technical Qualification Matrix & Due Diligence Standards

Bidders participating in Ajnifm Adjunct Faculty / Professor Of Practice 20/04/2026 31/12/202 Recruitment must satisfy the multi-tiered technical, financial, and statutory qualifying covenants detailed below:

Evaluation BenchmarkMandated Technical & Financial Covenant
Statutory Benchmark Bidders must demonstrate an average annual financial turnover of at least 30 percent of the estimated contract value during the last three consecutive financial years, supported by audited balance sheets.
Statutory Benchmark Submission of successfully executed past work orders of similar magnitude involving academic consulting, faculty deployment, or professional training services with Central or State Autonomous Bodies.
Statutory Benchmark Mandatory possession of valid statutory registrations including GSTIN, Permanent Account Number (PAN), and compliance documentation under applicable labor laws and provident fund regulations.
Statutory Benchmark Micro and Small Enterprises (MSEs) and recognized Startups are eligible for relaxation of prior turnover and EMD requirements subject to Rule 170 of GFR 2017 and Public Procurement Policy.

Financial Safeguards, EMD & Performance Security Guarantees

The procurement dossier for the engagement of Ajnifm Adjunct Faculty and Professor of Practice adheres strictly to the General Financial Rules (GFR) 2017 and GeM guidelines. Contract valuation is determined based on honorarium rates and man-days allocated. In accordance with Rule 170 of GFR 2017, the Earnest Money Deposit (EMD) is pegged at 2% of the estimated tender value to deter non-serious bidders, accepted via Account Payee Demand Draft or Bank Guarantee. Upon successful award, the selected service provider must furnish a Performance Bank Guarantee (PBG) ranging from 3% to 5% of the total contract value, valid through the contract duration plus a 60-day claim period. Tender document fees are waived as per Government of India directives for GeM procurements. Furthermore, a stringent Liquidated Damages (LD) clause of 0.5% of the delayed milestone value per week, capped at a maximum of 10% of the total contract price, is provisioned to penalize delays in academic delivery.

General Conditions of Contract (GCC) & Integrity Compliance

Contract compliance is governed by the General Conditions of Contract (GCC) alongside specific academic deliverables. Milestone billing is tied to the successful completion and acceptance of teaching modules, research output, and faculty sessions. The Defect Liability Period (DLP) extends up to the completion of the academic term to address any academic deficiencies. All disputes arising out of or in connection with the contract shall be resolved amicably, failing which they shall be referred to arbitration under the Indian Arbitration and Conciliation Act, 1996, with the venue at the procuring entity's headquarters. Additionally, an Integrity Pact is mandatory to ensure transparency and ethical conduct throughout the execution lifecycle.

Procurement & Bidding FAQs — Ajnifm Adjunct Faculty / Professor

Are Joint Ventures (JVs) or Consortiums permitted to bid for this faculty recruitment tender?

No, Joint Ventures and Consortiums are not permitted. Bids must be submitted by individual academic institutions, corporate entities, or eligible professional service providers meeting all pre-qualification criteria.

What is the acceptable format and validity requirement for the Earnest Money Deposit (EMD) Bank Guarantee?

The EMD must be submitted via electronic transfer or a Bank Guarantee from a scheduled commercial bank in India, remaining valid for a period of 45 days beyond the final bid validity period.

What is the standard bid validity period required under this Ajnifm procurement process?

Bids must remain valid for acceptance for a minimum period of 180 days from the last date of bid submission, during which no price escalation is permitted.

Is a Price Variation Clause (PVC) applicable to the honorarium or professional fees during the contract period?

No Price Variation Clause is applicable. The rates quoted by the successful bidder shall remain firm and fixed throughout the tenure of the contract ending on 31/12/2026.

What is the minimum qualifying technical score required to qualify for the commercial bid opening?

Bidders must secure a minimum of 70 percent marks in the technical evaluation based on faculty credentials, past experience, and methodology to qualify for the financial BoQ opening.

How are MSME exemptions claimed during the submission of the tender on the GeM portal?

MSMEs must upload a valid Udyam Registration Certificate during bid submission, explicitly claiming exemption from EMD and turnover criteria in accordance with prevailing procurement policies.