Cus Finance Officer Recruitment
Official recruitment notice issued by Cus for the post of Finance Officer. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
B.Tech / B.E (Engineering), MBBS / Medical Degree, Graduate (Bachelor's Degree). 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 |
|---|---|---|---|
| And Promotion Rules Non Teaching Staff | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Finance Officer | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Finance Officer | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Finance Officer | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
e-Procurement Bidding Roadmap & Portal Workflow
Register the entity on the GeM portal or CPPP using a valid Class III Digital Signature Certificate to obtain necessary procurement tokens and access the tender document repository.
Conduct a mandatory pre-bid clarification meeting to address technical queries from prospective bidders, ensuring all amendments are published as corrigenda to maintain transparency and fair competition among participants.
Submit a two-cover bid comprising a technical proposal detailing recruitment methodology and a separate financial BoQ, ensuring all documents are digitally signed and uploaded before the specified deadline.
Perform a technical evaluation of submitted bids, followed by the opening of commercial BoQ financial bids only for those firms that meet the minimum technical qualifying score requirements.
Issue the Letter of Award (LoA) to the L1 bidder after verifying the PBG submission and signing the formal contract agreement in accordance with GFR 2017 guidelines.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Cus Finance Officer Recruitment 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 turnover of at least 30% of the estimated contract value over the last three consecutive financial years, supported by audited balance sheets. |
| Statutory Benchmark | The bidder must provide proof of successfully executing at least three similar executive recruitment projects for government entities or public sector undertakings within the last five years. |
| Statutory Benchmark | Mandatory submission of valid GSTIN, PAN, EPF registration, ESI registration, and a valid Labor License under the Contract Labour (Regulation and Abolition) Act, 1970. |
| Statutory Benchmark | MSMEs and Startups are exempted from EMD submission under Rule 170 of GFR 2017, provided they submit valid Udyam Registration or DPIIT recognition certificates during the bid submission. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for the Finance Officer recruitment at Cus requires a robust financial framework aligned with GFR 2017. The contract valuation must be estimated based on market benchmarks for executive search services. An Earnest Money Deposit (EMD) of 2% of the estimated value is mandatory to ensure bidder seriousness, though MSMEs may be exempted per Rule 170. Upon selection, the successful bidder must furnish a Performance Bank Guarantee (PBG) ranging from 3% to 5% of the contract value to secure performance obligations. Tender document fees are generally waived on GeM, but if offline, they must be non-refundable. Liquidated Damages (LD) are strictly capped at 0.5% per week of delay, subject to a maximum of 10% of the total contract value. These parameters ensure financial accountability, mitigate risks of non-performance, and maintain transparency throughout the recruitment lifecycle, adhering to standard public procurement financial protocols.
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 the jurisdiction of the Procuring Entity. Payments will be processed based on milestone billing linked to successful candidate onboarding. A Defect Liability Period (DLP) of six months applies to recruitment quality, ensuring replacement if a candidate resigns prematurely. An Integrity Pact is mandatory for high-value contracts to prevent corruption. All procurement activities must strictly adhere to GFR 2017 guidelines, ensuring that the service provider maintains statutory compliance throughout the tenure, with the Procuring Entity reserving the right to terminate for material breach.
Procurement & Bidding FAQs — Cus Finance Officer Recruitment
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Joint Ventures are generally discouraged unless explicitly stated in the NIT; however, consortiums may be permitted if they meet the cumulative technical and financial criteria.
The EMD Bank Guarantee must be submitted in the standard format provided in the tender document, issued by a scheduled commercial bank, and remain valid for 45 days beyond the bid validity.
The standard bid validity period is 180 days from the date of technical bid opening, during which the bidder cannot withdraw or modify their offer.
No, this is a fixed-price contract. Bidders are expected to account for all statutory taxes and operational costs within their quoted rates for the entire contract duration.
Technical marks are assigned based on the firm's experience, the qualifications of the proposed recruitment team, the methodology for candidate sourcing, and past performance records.
Yes, for contracts exceeding the threshold defined by the CVC, an Integrity Pact must be signed by both the Procuring Entity and the bidder to ensure ethical conduct.