What is the pay scale for Sr Accounts Officer a Held on?
The sanctioned remuneration is Level-12 (₹78,800 - ₹2,09,200) under the 7th Central Pay Commission framework, accompanied by standard Central/State allowances including Dearness Allowance (DA), House Rent Allowance (HRA), and National Pension System (NPS) benefits.
What is the official application deadline?
The confirmed deadline for online application registration and fee settlement is 20-11-2025. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from CIHTS Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain cihts.ac.in. Always cross-check notice references against primary government bulletins.
Explore verified public authorities and related career tracks across the national network:
Step 1: Vendors must register their authorized signatories on the Central Public Procurement Portal and GeM 4.0 using valid Class III Digital Signature Certificates to access tender documents securely.
2
Step 2: Prospective bidders must submit formal written queries within the stipulated timeframe, addressing ambiguities during the mandatory pre-bid clarification meeting hosted by CIHTS Authority.
3
Step 3: Bidders are required to upload a two-cover bid containing technical credentials and statutory compliances in Cover One, ensuring no financial figures are inadvertently disclosed.
4
Step 4: The tender committee will open Cover Two containing the commercial Bill of Quantities (BoQ) exclusively for technically qualified bidders, followed by systematic financial ranking and evaluation.
5
Step 5: Upon successful financial evaluation and competent authority approval, CIHTS Authority will issue the formal Letter of Award (LoA) to the lowest responsive bidder for contract execution.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Sr Accounts Officer a Held on 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 thirty percent of the estimated contract value during the last three consecutive financial years, backed by audited balance sheets.
Statutory Benchmark
Vendors must successfully submit completion certificates of similar accounting, auditing, or administrative support projects executed for central or state autonomous bodies within the past seven years.
Statutory Benchmark
Mandatory statutory registrations including valid GSTIN, PAN, EPF, ESI, and applicable labor licenses must be submitted along with tax clearance certificates for technical responsiveness.
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, subject to valid UDYAM registration.
The procurement for the Sr Accounts Officer a Held on assignment under CIHTS Authority requires rigorous commercial structuring in compliance with General Financial Rules (GFR 2017) and GeM guidelines. The estimated contract valuation must be realistically benchmarked against prevailing market rates for specialized accounting and administrative consultancy. An Earnest Money Deposit (EMD) fixed at two percent of the estimated cost must be submitted by bidders to deter frivolous offers, with provisions for MSME exemptions under Rule 170. Upon successful evaluation, the selected bidder shall furnish a Performance Bank Guarantee (PBG) ranging from three to five percent of the total contract value to secure faithful performance. Tender document fees, where applicable, shall be non-refundable and processed via non-tax receipt portals. To mitigate project delays, a stringent Liquidated Damages (LD) clause is enforced, levying zero point five percent of the delayed milestone value per week, subject to a maximum ceiling of ten percent of the total contract value.
General Conditions of Contract (GCC) & Integrity Compliance
Contract compliance will be governed by standard General Conditions of Contract (GCC) adapted for CIHTS Authority. All disputes arising out of the contract shall be resolved amicably, failing which they shall be referred to sole arbitration under the Indian Arbitration and Conciliation Act 1996, with the venue at the institute premises. Milestone billing will be tied strictly to verifiable deliverables and certified output sheets. The Defect Liability Period (DLP) shall extend for twelve months post-completion to rectify operational discrepancies. Furthermore, an Integrity Pact shall be executed for high-value tenders to ensure transparency and prevent corrupt practices.
Procurement & Bidding FAQs — Sr Accounts Officer a Held on
Are Joint Ventures or Consortiums eligible to bid for this tender?
No, Joint Ventures and Consortiums are not permitted to bid for this specialized professional services contract to ensure direct accountability and single-point vendor responsibility.
What is the acceptable format and validity for the EMD Bank Guarantee?
The EMD Bank Guarantee must be issued by a scheduled commercial bank in India, favoring CIHTS Authority, and must remain valid for a period of forty-five days beyond the final bid validity period.
What is the standard bid validity period required under this procurement?
All submitted bids must remain valid and open for acceptance for a minimum period of one hundred and eighty days from the scheduled last date of bid submission.
Does the contract incorporate a Price Variation Clause (PVC)?
No, prices quoted by the bidder shall be fixed and firm throughout the execution of the contract and shall not be subject to any escalation on account of statutory or market variations.
What is the minimum qualifying technical score required for financial bid opening?
Bidders must secure a minimum threshold score of seventy marks out of one hundred in the technical evaluation matrix to be declared technically responsive and eligible for BoQ opening.
How are statutory deductions handled during running bill payments?
Income Tax, GST TDS, and other statutory levies as mandated by the Government of India will be deducted at source from every running account bill processed by CIHTS Authority.