What is the pay scale for Assistant Manager Finance and Commercialization?
The sanctioned remuneration is Rs. 123,100 - 144,200 (Level-13) 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 2026-09-30. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from CRCDAVANAGERE Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain crcdavanagere.nic.in. Always cross-check notice references against primary government bulletins.
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Bidders must register on the GeM portal or CPPP using valid Digital Signature Certificates (DSC) to obtain system tokens, ensuring all organizational credentials are verified against the Ministry of Corporate Affairs database.
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A mandatory pre-bid clarification meeting will be conducted to address technical queries, scope ambiguities, and eligibility concerns, with all responses issued as formal corrigenda to ensure transparency for all prospective participants.
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The procurement follows a two-cover system where bidders submit technical credentials in the first cover and financial quotes in the second, ensuring technical evaluation precedes the opening of commercial bids.
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Upon successful technical qualification, the commercial BoQ (Bill of Quantities) of eligible bidders will be opened electronically, and the L1 bidder will be identified based on the lowest evaluated price.
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The CRCDAVANAGERE Authority will issue a formal Letter of Award (LoA) to the successful bidder, initiating the contract signing process and the subsequent submission of the Performance Bank Guarantee.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Assistant Manager Finance and Commercialization must satisfy the multi-tiered technical, financial, and statutory qualifying covenants detailed below:
Evaluation Benchmark
Mandated Technical & Financial Covenant
Statutory Benchmark
The bidder 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
The bidder must provide proof of successful completion of at least one similar project in finance or commercialization management for a government entity or PSU within the last five years.
Statutory Benchmark
Mandatory submission of valid GSTIN, PAN, EPF registration, ESI registration, and a valid Labor License is required to ensure full compliance with statutory labor and tax regulations in India.
Statutory Benchmark
In accordance with Rule 170 of GFR 2017 and the Public Procurement Policy for MSEs, registered MSMEs and startups are exempted from EMD submission upon providing valid Udyam or DPIIT registration certificates.
The contract for Assistant Manager Finance and Commercialization at CRCDAVANAGERE Authority requires a robust financial framework aligned with GFR 2017. The estimated value must be derived from market benchmarking to ensure fiscal prudence. An Earnest Money Deposit (EMD) of 2 percent of the estimated value is mandatory to ensure bidder seriousness, though MSMEs may seek exemptions per Rule 170. A Performance Bank Guarantee (PBG) ranging from 3 to 5 percent of the contract value is essential to secure performance obligations throughout the tenure. Tender document fees, if applicable, must be non-refundable and processed via electronic modes. Liquidated Damages (LD) are strictly capped at 0.5 percent per week of delay, with a maximum ceiling of 10 percent of the total contract value. These parameters collectively mitigate financial risk, ensure accountability, and protect the Authority against potential service delivery failures or contractual breaches during the project lifecycle.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the Indian Arbitration and Conciliation Act, 1996, with disputes settled through sole arbitration in Davanagere. Billing will be milestone-based, linked to the delivery of specific financial reports and commercialization targets. A Defect Liability Period (DLP) of twelve months post-completion ensures the quality of financial advisory outputs. Furthermore, an Integrity Pact is mandatory for high-value contracts to ensure transparency and prevent corrupt practices. The contractor must adhere to all GFR 2017 guidelines, maintaining strict confidentiality and data protection standards throughout the engagement period, ensuring the Authority remains protected against professional negligence or breach of contract.
Procurement & Bidding FAQs — Assistant Manager Finance and Comme
Are Joint Ventures (JV) or Consortiums eligible to participate in this tender?
Unless explicitly stated in the tender document, JVs are generally discouraged for service-based roles to ensure individual accountability, though sub-contracting may be permitted with prior written approval.
What is the prescribed format for the EMD Bank Guarantee?
The EMD Bank Guarantee must be issued by a scheduled commercial bank in India, strictly following the pro-forma provided in the tender document, and must remain valid for 45 days beyond the bid validity period.
What is the standard bid validity period for this procurement?
The bid validity period is typically 180 days from the date of technical bid opening, during which the bidder cannot withdraw or modify their offer.
Is there a Price Variation Clause (PVC) included in this contract?
Given the nature of professional services, this contract is typically fixed-price; however, statutory changes in taxes or minimum wages may be considered for adjustment as per government notifications.
How are technical evaluation marks calculated?
Technical evaluation is based on a weighted scoring system covering relevant experience, team qualifications, and methodology, where bidders must secure a minimum threshold score to qualify for the financial round.
Can an MSME claim exemption from the Performance Bank Guarantee?
No, while MSMEs are exempted from EMD under Rule 170, they are generally required to submit the Performance Bank Guarantee to ensure the fulfillment of contractual obligations.