Basu of Young Professional- Recruitment
Official recruitment notice issued by Basu for the post of Young Professional. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
Ph.D / Doctorate, B.Tech / B.E (Engineering), Post Graduate (Master's Degree), Graduate (Bachelor's Degree), Diploma / Technical Certificate, 12th / Higher Secondary (10+2), 10th / Matriculation (High School). Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
Physical Endurance Test (PET/PST) -> Personal Interview -> Merit List.
Frequently Asked Questions
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Graduate Admission | 1 | Rs. 25,500 - 29,200 | 2025-11-03 |
| Graduate Admission | 1 | Rs. 25,500 - 29,200 | 2026-08-03 |
| Graduate Admission | 1 | Rs. 25,500 - 29,200 | 2026-05-02 |
| Graduate Admission | 1 | Level-14 (Rs. 1,44,2 | 2026-09-30 |
| Procurement Scope | Est. Value | EMD Amount | Closing Date |
|---|---|---|---|
| Tender Notice - Basu (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
e-Procurement Bidding Roadmap & Portal Workflow
Complete mandatory registration on the GeM portal and Central Public Procurement Portal utilizing a valid Class 3 Digital Signature Certificate to enable authorized bidding capabilities.
Participate actively in the pre-bid clarification meeting to submit written queries, understand tender nuances, and review official addendums issued by the procuring entity.
Prepare and upload the two-cover bid containing comprehensive technical qualifications, statutory compliance documents, and professional credentials without revealing financial details.
Await technical evaluation outcomes before the opening of the commercial Bill of Quantities financial cover for technically qualified bidders on the e-procurement platform.
Receive the formal Letter of Award following successful financial evaluation, contract negotiations, and subsequent submission of the required Performance Bank Guarantee.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Basu of Young Professional- 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 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 satisfactory past work execution credentials for similar manpower recruitment or professional consultancy projects executed for government or public sector undertakings within the last seven years. |
| Statutory Benchmark | Mandatory possession of valid statutory registrations including GSTIN, Permanent Account Number, Employees Provident Fund, Employees State Insurance, and applicable labor licenses. |
| Statutory Benchmark | Micro and Small Enterprises and recognized Startups are eligible for exemption from EMD and prior turnover criteria under Rule 170 of GFR 2017 and the Public Procurement Policy, subject to valid certificate submissions. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for the recruitment of Young Professionals under Basu involves a defined contract valuation based on the estimated remuneration and service duration. In compliance with GFR 2017 and GeM guidelines, an Earnest Money Deposit (EMD) of 2 percent of the estimated value is mandated to deter frivolous bids, alongside a Performance Bank Guarantee (PBG) ranging between 3 to 5 percent of the total contract value to ensure diligent service delivery. While tender document fees are generally waived on GeM for transparency, any applicable non-refundable processing fee must be deposited as stipulated. Furthermore, a stringent Liquidated Damages (LD) clause is integrated, levying 0.5 percent of the delayed milestone value per week of delay, capped at a maximum of 10 percent of the total contract value, safeguarding the procuring entity against operational slippages.
General Conditions of Contract (GCC) & Integrity Compliance
Contract compliance is strictly governed by the General Conditions of Contract. All disputes arising out of the agreement shall be resolved amicably, failing which they shall be referred to arbitration under the Indian Arbitration and Conciliation Act, 1996, with proceedings held in English at the jurisdiction of the procuring entity. Payments shall be released based on verified milestone billing tied to successful service delivery metrics. A defect liability period applies to rectifying any administrative or service discrepancies. Additionally, an Integrity Pact may be enforced to ensure transparency, anti-corruption compliance, and ethical conduct throughout the lifecycle of the procurement engagement.
Procurement & Bidding FAQs — Basu of Young Professional- Recruit
No, Joint Ventures and Consortiums are not permitted to bid, as this is a specialized service contract meant for individual corporate entities or established manpower agencies.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in India in the prescribed format provided in the tender document, remaining valid for a period of 45 days beyond the final bid validity date.
Bids must remain valid and open for acceptance for a minimum period of 180 days from the scheduled date of technical bid opening, during which no price escalation is permitted.
No, the quoted rates shall remain firm and fixed throughout the currency of the contract, including any mutually agreed extensions, and no escalation on account of statutory wage revisions or inflation will be entertained unless explicitly provided.
Bidders must secure a minimum technical score of 70 marks out of 100 based on the QCBS evaluation matrix comprising agency experience, methodology, and proposed personnel credentials to qualify for financial opening.
Yes, the procuring entity reserves the right to increase or decrease the required deployment numbers by up to 25 percent under the variation clause of GFR 2017 at the same unit rates and terms.