Cifa Director Recruitment
Official recruitment notice issued by Cifa for the post of Director. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Essential Educational Qualification
Graduate / Relevant Discipline as specified in official gazette. 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 |
|---|---|---|---|
| Director | 1 | Rs. 123,100 - 144,20 | 2026-09-30 |
| Young Professional-II | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Director | 1 | Rs. 123,100 - 144,20 | 2026-09-30 |
| Director | 1 | Rs. 123,100 - 144,20 | 2026-09-30 |
| Procurement Scope | Est. Value | EMD Amount | Closing Date |
|---|---|---|---|
| Tender Notice - Cifa (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
| Tender Notice - Cifa (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
| Tender Notice - Cifa (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
| Tender Notice - Cifa (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
e-Procurement Bidding Roadmap & Portal Workflow
Step 1: Bidders must obtain a valid Class 3 Digital Signature Certificate (DSC) and complete mandatory registration on the Central Public Procurement Portal (CPPP) or GeM 4.0 platform to participate in the tender.
Step 2: Prospective agencies should review the tender document thoroughly and submit written queries within the stipulated timeframe before attending the mandatory pre-bid clarification meeting organized by Cifa.
Step 3: Prepare and upload the two-cover bid comprising Cover 1 (Technical credentials, statutory compliances, and EMD proof) and Cover 2 (Financial BoQ) on the portal prior to the submission deadline.
Step 4: Following technical evaluation, the commercial Bids (BoQ) of technically qualified bidders are opened online, and financial rankings are computed based on the lowest evaluated cost or quality-cost methodology.
Step 5: The successful bidder receives the formal Letter of Award (LoA) from Cifa, requiring acceptance, submission of the Performance Bank Guarantee, and execution of the formal contract agreement within the specified timeline.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Cifa Director 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 and profit-and-loss statements. |
| Statutory Benchmark | The agency must have successfully executed similar executive search or high-level recruitment projects for government, autonomous bodies, or PSU clients during the preceding five financial years, backed by satisfactory completion certificates. |
| Statutory Benchmark | Mandatory statutory registrations must be active, including valid GSTIN, PAN, Provident Fund (EPF), Employees State Insurance (ESI), and relevant labor licenses, along with a clean track record free from blacklisting. |
| Statutory Benchmark | Micro and Small Enterprises (MSMEs) and recognized Startups are eligible for exemption from EMD and tender fee submission under Rule 170 of GFR 2017 and the Public Procurement Policy, subject to submission of valid Udyam or DPIIT registration certificates. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement dossier for the Cifa Director Recruitment by Cifa establishes a rigorous financial framework aligned with GFR 2017 and GeM 4.0 guidelines. The contract valuation reflects the specialized nature of executive search and talent acquisition services. An Earnest Money Deposit (EMD) fixed at 2 percent of the estimated tender value ensures serious participation, while a Performance Bank Guarantee (PBG) ranging between 3 to 5 percent safeguards the procuring entity against default during execution. A nominal non-refundable tender document fee applies, though exempt for eligible MSMEs. To enforce strict delivery timelines, a liquidated damages (LD) clause is instituted, levying 0.5 percent of the contract value per week of delay, capped at a maximum of 10 percent of the total contract value.
General Conditions of Contract (GCC) & Integrity Compliance
The contract strictly adheres to General Conditions of Contract (GCC) provisions. All disputes arising out of or in connection with the recruitment services shall be resolved through binding arbitration in accordance with the Indian Arbitration and Conciliation Act, 1996, with the venue situated at the procuring entity's headquarters. Milestone-based billing is enforced tied to specific deliverables such as candidate sourcing, shortlisting, interview facilitation, and final onboarding. A defect liability period (DLP) applies to replacement guarantees for placed candidates who leave prematurely. Furthermore, an Integrity Pact is mandatory for transparency.
Procurement & Bidding FAQs — Cifa Director Recruitment
No, Joint Ventures and Consortiums are not permitted to bid. Only single, registered corporate entities or specialized recruitment agencies meeting the pre-qualification criteria may participate.
The EMD can be submitted via online transfer, Demand Draft, or an unconditional Bank Guarantee from a scheduled commercial bank in India, valid for a minimum of 45 days beyond the final bid validity period.
All submitted bids must remain valid and open for acceptance by Cifa for a period of not less than 180 days from the scheduled date of technical bid opening.
No, the contract is based on fixed professional service fees quoted in the BoQ. No price escalation or variation will be entertained under any circumstances during the currency of the contract.
Bidders must secure a minimum technical score of 70 marks out of 100 based on the evaluation matrix covering past experience, methodology, team competence, and presentation to qualify for financial bid opening.
Bidders must upload a valid Udyam Registration Certificate explicitly covering services related to recruitment, executive search, or human resource consulting to avail exemptions under GFR 2017.