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
Essential Educational Qualification
MBBS / Medical 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
Registration on the GeM portal using a valid Digital Signature Certificate (DSC) to obtain necessary authentication tokens for accessing the tender document and submitting online bids securely.
Conducting a pre-bid clarification meeting to address technical queries from prospective bidders, ensuring transparency and providing necessary amendments or clarifications via corrigendum on the procurement portal.
Submission of a two-cover bid system comprising a technical proposal detailing methodology and credentials, followed by a separate financial proposal containing the Bill of Quantities (BoQ).
Opening of the commercial BoQ for technically qualified bidders only, ensuring a competitive price discovery process in accordance with the L1 evaluation criteria prescribed under GFR 2017.
Issuance of the Letter of Award (LoA) to the successful bidder, followed by the execution of a formal contract agreement incorporating all terms, conditions, and performance security requirements.
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 during the last three consecutive financial years, supported by audited balance sheets. |
| Statutory Benchmark | The bidder must provide proof of executing at least three similar recruitment or executive search projects for government entities or public sector undertakings within the last five years. |
| Statutory Benchmark | Mandatory submission of valid statutory registrations including GSTIN, PAN, EPF, ESI, and a valid Labor License as per the Contract Labour (Regulation and Abolition) Act, 1970. |
| Statutory Benchmark | Exemption from EMD and prior turnover criteria for registered MSMEs and Startups as per Rule 170 of GFR 2017 and the Public Procurement Policy for MSEs Order, 2012. |
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 are exempted under Rule 170. A Performance Bank Guarantee (PBG) of 3-5% of the contract value is required from the successful bidder to ensure service delivery standards. Tender document fees are generally waived on GeM, but if applicable, they must be non-refundable. Liquidated Damages (LD) are strictly capped at 0.5% of the contract value per week of delay, with a maximum ceiling of 10% of the total contract value. These parameters ensure financial accountability, risk mitigation, and adherence to standard public procurement guidelines while maintaining transparency throughout the recruitment 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 the jurisdiction of the procuring entity. Billing shall be milestone-based, linked to the successful onboarding of the candidate. A Defect Liability Period (DLP) of six months applies to the recruitment process, ensuring the candidate's retention. An Integrity Pact is mandatory for high-value contracts to prevent corruption and ensure ethical conduct. All payments are subject to statutory deductions, and the contractor must maintain strict confidentiality regarding candidate data in compliance with the Information Technology Act and relevant data protection standards.
Procurement & Bidding FAQs — Cus Finance Officer Recruitment
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Unless explicitly stated in the tender document, JVs are generally discouraged for service-based recruitment contracts to ensure individual accountability of the lead bidder.
The EMD Bank Guarantee must be submitted in the standard format provided in the tender document, issued by a scheduled commercial bank, and valid for 45 days beyond the bid validity.
The standard bid validity period is 90 to 120 days from the date of technical bid opening, during which the bidder cannot withdraw or modify their offer.
No, recruitment service contracts are typically fixed-price contracts. Price variation clauses are generally not applicable unless the contract duration exceeds 18 months.
Technical evaluation is based on a Quality and Cost Based Selection (QCBS) or Least Cost Selection (LCS) method, where bidders are scored on experience, methodology, and team expertise.
No, while MSMEs are exempted from EMD, they are generally required to submit the Performance Bank Guarantee to ensure the fulfillment of contractual obligations.