Arun Jaitley National Institute of Financial Management (AJNIFM Faridabad) Recruitment 2026 — Official Vacancy Notification
Official recruitment notice issued by Arun Jaitley National Institute of Financial Management (AJNIFM Faridabad) for the post of Administrative & Technical Staff Cadre. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
Graduate / As specified in official notice. Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
1. Computer Based Written Test (CBT), 2. Skill Test / Interview (Where Applicable), 3. Document Verification & Medical Fitness Test.
Frequently Asked Questions
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Adjunct Faculty / Professor Of Practice 20/04 | 1 | Rs. 006437 | 2026-04-20 |
| 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 |
| Procurement Scope | Est. Value | EMD Amount | Closing 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
Obtain a valid Class III Digital Signature Certificate (DSC) and complete mandatory vendor onboarding on the Central Public Procurement Portal (CPPP) or GeM 4.0 portal before bidding.
Participate in the pre-bid clarification meeting scheduled by Ajnifm to raise technical queries, seek scope modifications, and review published corrigenda within the stipulated timeline.
Prepare and upload the two-cover bid containing digitally signed technical credentials in Cover 1 and the unpriced/priced financial BoQ in Cover 2 without any manual omissions.
Await the technical evaluation outcome and subsequent opening of commercial Bills of Quantities (BoQ) for technically qualified bidders meeting all pre-qualification parameters.
Receive the official Letter of Award (LoA) from Ajnifm, submit the required Performance Bank Guarantee, and execute the formal contract agreement within the mandated 14-day window.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Ajnifm N/A Recruitment must satisfy the multi-tiered technical, financial, and statutory qualifying covenants detailed below:
| Evaluation Benchmark | Mandated Technical & Financial Covenant |
|---|---|
| Statutory Benchmark | The bidder must possess 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 and profit/loss statements. |
| Statutory Benchmark | The agency must have successfully executed similar recruitment or manpower outsourcing projects for Central or State Government departments, autonomous bodies, or PSUs during the last seven years, meeting specific volume thresholds. |
| Statutory Benchmark | Mandatory statutory registrations including valid GSTIN, PAN, EPF, ESI, and appropriate labor licenses under applicable Indian labor statutes must be submitted along with the technical bid. |
| Statutory Benchmark | Micro and Small Enterprises (MSEs) and Startups recognized by DPIIT are eligible for exemption from EMD and prior turnover criteria under Rule 170 of GFR 2017 and the Public Procurement Policy, subject to furnishing valid Udyam registration. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement dossier for the Ajnifm N/A Recruitment contract mandates stringent commercial parameters aligned with GFR 2017 and GeM guidelines. Contract valuation must reflect realistic market rates for recruitment services. An Earnest Money Deposit (EMD) fixed at 2% of the estimated cost is required to deter non-serious bidders, accepted via Bank Guarantee or NEFT/RTGS. Upon selection, the successful agency must furnish a Performance Bank Guarantee (PBG) ranging from 3% to 5% of the total contract value, valid until 60 days post warranty or completion. Tender document fees are generally waived on GeM, though processing fees may apply. A strict Liquidated Damages (LD) clause enforces a penalty of 0.5% of the delayed delivery value per week, capped at a maximum of 10% of the total contract value for delays attributable to the service provider.
General Conditions of Contract (GCC) & Integrity Compliance
Contract compliance under General Conditions of Contract (GCC) mandates adherence to strict milestone billing linked to recruitment stages such as notification release, CBT/interview conduct, and final result compilation. A Defect Liability Period (DLP) of 12 months applies to placement stability and verification services. Any disputes arising from the contract shall be resolved amicably, failing which matters will be referred to a sole arbitrator appointed by Ajnifm under the provisions of the Indian Arbitration and Conciliation Act 1996, with proceedings held in English. Furthermore, an Integrity Pact must be executed for high-value tenders to ensure transparency and prevent corrupt practices.
Procurement & Bidding FAQs — Ajnifm N/A Recruitment
No, Joint Ventures and Consortiums are not permitted. Only single, registered corporate entities or proprietary firms fulfilling all pre-qualification criteria independently are eligible to submit bids.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in India, strictly adhering to Ajnifm's prescribed pro forma, and must remain valid for a minimum of 45 days beyond the final bid validity period.
Bids submitted must remain valid and open for acceptance for a period of not less than 180 days from the scheduled date of technical bid opening, during which no price escalations are permitted.
No, the contract price shall remain firm and fixed throughout the tenure of the contract execution, inclusive of all statutory taxes, duties, and levies, and no escalation will be entertained.
Bidders must secure a minimum technical score of 70 marks out of 100 based on the QCBS evaluation matrix defined in the RFP to qualify for the subsequent financial bid opening stage.
No, while MSEs are exempt from EMD, they are generally required to submit the Performance Bank Guarantee as per GFR 2017 to safeguard the procuring entity against default risks.