And Assistant Professor in Economics Date of Joining of Service Recruitment
Official recruitment notice issued by And for the post of Assistant Professor in Economics Date of Joining of Service. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
Post Graduate (Master's Degree), Graduate (Bachelor's Degree). 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
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Government Post / | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Assistant Professor | 1 | Rs. 123,100 - 144,20 | 2026-01-27 |
| Inspector | 1 | Rs. 44,900 - 47,600 | 2026-01-01 |
| Government Post / | 1 | Rs. 25,500 - 29,200 | 2026-08-10 |
e-Procurement Bidding Roadmap & Portal Workflow
Complete mandatory registration on the Central Public Procurement Portal and Government e-Marketplace using valid Class 3 Digital Signature Certificates and active organizational credentials to access tender documents securely.
Participate actively in the scheduled pre-bid clarification meeting to submit technical queries, seek scope rationalization, and review amendments issued by the procuring entity.
Prepare and upload the two-cover bid meticulously, ensuring Cover One contains all mandatory pre-qualification and technical documents without revealing any financial details.
Submit the Cover Two commercial Bill of Quantities through the designated e-procurement portal, ensuring prices reflect all statutory taxes and duties accurately before the submission deadline.
Await the evaluation outcome, respond to post-tender clarifications promptly, and upon successful ranking, formally acknowledge and accept the Letter of Award issued by the procuring entity.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in And Assistant Professor in Economics Date of Joining of Service Recruitment must satisfy the multi-tiered technical, financial, and statutory qualifying covenants detailed below:
| Evaluation Benchmark | Mandated Technical & Financial Covenant |
|---|---|
| Statutory Benchmark | Bidders must demonstrate a minimum 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 | Satisfactory completion of similar nature project execution experiences involving comparable service recruitment or academic deployment mandates during the last seven preceding financial years. |
| Statutory Benchmark | Mandatory possession of valid statutory registrations including GSTIN, Permanent Account Number, Employees Provident Fund, Employees State Insurance, and applicable state or central labor licenses. |
| Statutory Benchmark | Micro and Small Enterprises and recognized startups are eligible for exemptions from EMD and prior turnover criteria under Rule 170 of GFR 2017, subject to submission of valid Udyam or DPIIT registration. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for Assistant Professor in Economics Date of Joining of Service Recruitment under Procuring Entity And involves a meticulously structured financial framework adhering to GFR 2017 guidelines. The estimated contract valuation must be justified through detailed market research and rate analysis. Bidders are mandated to submit an Earnest Money Deposit (EMD) fixed at 2 percent of the estimated cost to deter frivolous bids. Upon successful selection, the competent contractor must furnish a Performance Bank Guarantee (PBG) ranging from 3 to 5 percent of the total contract value to safeguard against default risks. Tender document fees are kept non-refundable to cover administrative processing overheads. Furthermore, the contract incorporates a stringent Liquidated Damages (LD) clause, levying 0.5 percent of the contract value per week of delay, capped at a maximum of 10 percent, ensuring time-bound execution and adherence to delivery milestones.
General Conditions of Contract (GCC) & Integrity Compliance
Contract compliance is strictly governed by the General Conditions of Contract, incorporating milestone-based billing linked to verified output deliverables. The Defect Liability Period is enforced to rectify any operational anomalies post-deployment. To ensure absolute transparency, an Integrity Pact is mandatory for high-value tenders, overseen by independent external monitors. Any disputes arising from contract interpretation or execution shall be resolved through conciliation and binding arbitration in accordance with the Indian Arbitration and Conciliation Act, 1996, with proceedings held in English at the jurisdiction of the procuring entity.
Procurement & Bidding FAQs — And Assistant Professor in Economic
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Unless explicitly stated otherwise in the tender document, joint ventures are generally discouraged for service contracts of this nature to maintain direct accountability with a single prime bidder.
The EMD bank guarantee must be drawn on a scheduled commercial bank in India, favoring the procuring entity, and must remain valid for a period of 45 days beyond the final bid validity period.
The submitted bids must remain valid and open for acceptance for a minimum period of 120 days from the scheduled date of technical bid opening.
Fixed pricing applies for the initial duration of the contract, but statutory minimum wage revisions mandated by the government may be accommodated through a transparent price adjustment formula if specified.
Bidders must secure a minimum threshold of 70 marks out of 100 during the rigorous technical evaluation conducted by the designated committee to qualify for financial bid opening.
No, while MSEs may claim exemption from EMD, successful MSME contractors are typically required to furnish the full performance bank guarantee as per standard financial governance to mitigate project risks.