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 |
| 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
Complete mandatory digital registration on the GeM portal using a valid Class III Digital Signature Certificate (DSC) for organizational profiling and authorized representative mapping.
Participate in the pre-bid clarification meeting to submit technical queries, review scope modifications, and obtain formal addenda published by Cifa.
Prepare and upload the two-cover bid containing comprehensive technical credentials, statutory compliances, and methodology without revealing any financial figures.
Await technical evaluation outcomes, after which qualified bidders will witness the online opening of the commercial Bill of Quantities (BoQ) on the platform.
Receive the formal Letter of Award (LoA) upon successful financial ranking, followed by timely submission of the PBG and execution of the formal agreement.
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 possess a minimum average annual turnover of 30 percent of the estimated contract value during the last three consecutive financial years, supported by audited balance sheets. |
| Statutory Benchmark | The agency must demonstrate successful execution of similar manpower recruitment or consultancy projects for government or autonomous bodies in the past seven years. |
| Statutory Benchmark | Mandatory possession of valid statutory registrations including GSTIN, PAN, EPF, ESI, and applicable labor licenses under central or state enactments. |
| Statutory Benchmark | Exemption from EMD and prior turnover criteria for registered MSMEs and Startups under Rule 170 of GFR 2017 and the Public Procurement Policy, subject to valid UDYAM certification. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for Cifa Young Professional-II Recruitment entails a defined contract valuation structured around specialized consultancy services. In compliance with GFR 2017 and GeM 4.0 guidelines, the tender mandates an Earnest Money Deposit (EMD) fixed at 2 percent of the estimated value to deter non-serious bidders. Upon award, the successful agency must furnish a Performance Bank Guarantee (PBG) ranging between 3 to 5 percent of the total contract value to safeguard against default, valid through the contract duration plus a claim period. Tender document fees are waived as per digital procurement mandates on GeM. Furthermore, strict financial accountability 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 of the total deliverable value.
General Conditions of Contract (GCC) & Integrity Compliance
Contractual compliance is strictly regulated by the General Conditions of Contract, incorporating milestone-based billing linked to verified recruitment deliverables. The Defect Liability Period spans the duration of the engagement to rectify any administrative anomalies. Any disputes arising out of the interpretation or execution of the contract shall be resolved amicably through mutual consultation, failing which it shall be referred to a sole arbitrator appointed by Cifa in accordance with the Indian Arbitration and Conciliation Act. Additionally, an Integrity Pact is enforced to maintain transparency, prohibiting corrupt practices throughout the procurement lifecycle.
Procurement & Bidding FAQs — Cifa Young Professional-II Recruitm
No, Joint Ventures and Consortiums are not permitted. Bids must be submitted by single corporate entities or registered agencies meeting all standalone technical and financial criteria.
The EMD must be submitted via an online payment gateway or as an irrevocable Bank Guarantee from a scheduled commercial bank in India, 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.
No, the quoted rates shall remain firm and fixed throughout the currency of the contract, inclusive of all statutory taxes, duties, and overheads, with no provision for escalation.
Bidders must secure a minimum qualifying technical score of 70 marks out of 100 based on the QCBS evaluation matrix defined in the tender document to be eligible for financial opening.
Bidders must upload a valid UDYAM Registration Certificate explicitly covering the relevant service category specified in the tender to claim exemption under GFR 2017.