Cifa Young Professional-II Recruitment
Official recruitment notice issued by Cifa for the post of Young Professional-II. 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 |
|---|---|---|---|
| Director | 1 | Rs. 123,100 - 144,20 | 2026-09-30 |
| Director | 1 | Rs. 123,100 - 144,20 | 2026-09-30 |
| Director | 1 | Rs. 123,100 - 144,20 | 2026-09-30 |
| Young Professional-II | 1 | Rs. 25,500 - 29,200 | 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
Secure a valid Class 3 Digital Signature Certificate (DSC) and complete mandatory vendor onboarding on the Central Public Procurement Portal (CPPP) or Government e-Marketplace (GeM) 4.0 platform to initiate bidding.
Participate actively in the scheduled pre-bid clarification meeting to submit technical queries, review amendments, and obtain official clarifications regarding the recruitment terms of reference from Cifa.
Prepare and upload the two-cover system meticulously, ensuring Cover-I contains complete pre-qualification credentials, statutory compliance documents, and technical proposals without any financial disclosures.
Submit the priced Bill of Quantities (BoQ) exclusively in Cover-II, followed by the decryption and opening of commercial bids for all technically qualified bidders on the designated portal.
Await the comprehensive financial evaluation and final recommendation before receiving the formal Letter of Award (LoA) from Cifa to commence contractual mobilization.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Cifa Young Professional-II 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, backed by audited balance sheets and profit-and-loss statements. |
| Statutory Benchmark | The agency must successfully submit past work orders and client satisfaction certificates proving the execution of similar manpower recruitment or professional consultancy projects of comparable scale within the last seven years. |
| Statutory Benchmark | Mandatory possession of statutory registrations and compliances including valid GSTIN, Permanent Account Number (PAN), Employees Provident Fund (EPF), Employees State Insurance (ESI), and applicable labor licenses. |
| Statutory Benchmark | Registered Micro and Small Enterprises (MSEs) and Startups recognized by DPIIT are eligible for exemption from EMD and prior turnover requirements under Rule 170 of GFR 2017 and the Public Procurement Policy, subject to furnishing valid certificates. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for Cifa Young Professional-II Recruitment entails a defined contract valuation structured around specialized manpower deployment. In alignment with General Financial Rules (GFR) 2017 and standard procurement frameworks, the Earnest Money Deposit (EMD) is mandated at 2 percent of the estimated tender value to deter non-serious bidders. Upon successful award, the selected service provider must furnish a Performance Bank Guarantee (PBG) ranging from 3 to 5 percent of the total contract value, valid until the completion of all contractual obligations including the defect liability period. Tender document fees are maintained as non-refundable where applicable, though digital GeM procurements frequently waive this to encourage wider participation. Furthermore, strict governance is enforced through a Liquidated Damages (LD) clause, levying 0.5 percent of the contract value per week of delay, capped at a maximum of 10 percent, ensuring timely and accountable service delivery.
General Conditions of Contract (GCC) & Integrity Compliance
Contract compliance is governed by the General Conditions of Contract (GCC), ensuring rigorous adherence to execution timelines and quality benchmarks. Dispute resolution shall be strictly administered through arbitration in India, invoking the provisions of the Arbitration and Conciliation Act, with the venue established at the procuring entity's headquarters. Milestone billing is tied directly to verified deliverables and service milestones, minimizing financial exposure. A Defect Liability Period (DLP) is enforced to rectify any discrepancies in service execution. Additionally, an Integrity Pact may be mandated for high-value contracts to maintain absolute transparency and prevent corrupt practices throughout the procurement lifecycle.
Procurement & Bidding FAQs — Cifa Young Professional-II Recruitm
No, Joint Ventures and Consortiums are not permitted to bid. Only single, established legal entities meeting all pre-qualification criteria are eligible to submit proposals.
The EMD must be submitted either through online payment gateways on the portal or as a Bank Guarantee from a scheduled commercial bank in India, remaining valid for at least 45 days beyond the final bid validity period.
Bids must remain valid and open for acceptance by Cifa for a minimum period of 180 days from the scheduled date of technical bid opening.
Unless explicitly stated otherwise in the special conditions of the tender, prices quoted shall remain firm and fixed throughout the contract duration, absorbing any statutory wage revisions unless mandated by government notification.
Bidders must secure a minimum technical score of 70 marks out of 100 based on the evaluation matrix covering past experience, methodology, and personnel capability to qualify for the financial bid opening.
Withdrawal of a bid by the L1 bidder post-opening will result in the forfeiture of their EMD, debarment from future Cifa procurements for up to two years, and potential blacklisting as per GFR provisions.