Cusb Finance Officer Recruitment
Official recruitment notice issued by Cusb for the post of Finance Officer. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | OBC | SC | ST | EWS | Total |
|---|---|---|---|---|---|
| 9 | 5 | 3 | 1 | 2 | 20 |
Essential Educational Qualification
Ph.D / Doctorate, B.Tech / B.E (Engineering), MBBS / Medical Degree, Post Graduate (Master's Degree), Graduate (Bachelor's Degree). Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
Skill / Typing / Trade Test -> Physical Endurance Test (PET/PST).
Frequently Asked Questions
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Teaching And Non Teaching | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Finance Officer | 1 | Rs. 25,500 - 29,200 | 2023-05-06 |
| Junior- Rescarch Fellow (Jre) 'Wilking Interv | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Associate Professor | 1 | Rs. 123,100 - 144,20 | 2026-09-30 |
e-Procurement Bidding Roadmap & Portal Workflow
Register the procuring entity on the GeM portal or CPPP, ensuring valid Digital Signature Certificates (DSC) and organizational credentials are uploaded to initiate the electronic tender publication process.
Conduct a pre-bid clarification meeting to address technical queries from prospective recruitment agencies, ensuring all amendments are published as corrigenda to maintain transparency and competitive fairness for all bidders.
Implement a two-cover system where bidders submit technical credentials and financial bids separately, ensuring technical evaluation is completed and finalized before the opening of the commercial BoQ.
Perform the commercial BoQ financial opening for technically qualified bidders, identifying the L1 agency based on the lowest evaluated price while ensuring compliance with all financial and service parameters.
Issue the formal Letter of Award (LoA) to the successful bidder, followed by the signing of the Service Level Agreement (SLA) to formalize the recruitment service delivery obligations.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Cusb 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 executing at least two similar recruitment projects for Central Universities or premier autonomous educational institutions within the last five years. |
| Statutory Benchmark | The agency must possess valid statutory registrations including GSTIN, PAN, EPF, and ESI, alongside a valid Labor License as per the Contract Labour (Regulation and Abolition) Act. |
| Statutory Benchmark | MSME and Startup entities are eligible for relaxation in prior turnover and experience criteria, subject to submission of valid Udyam Registration certificates as per GFR 2017 Rule 170. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for recruitment services for the Central University of South Bihar (CUSB) Finance Officer position requires a meticulous financial structure. Given the professional nature of the service, the estimated contract value must be derived from market benchmarking of executive search firms. An EMD of 2% of the estimated value is mandatory to ensure bidder seriousness, though MSMEs may be exempted under Rule 170 of GFR 2017. A Performance Bank Guarantee (PBG) of 3-5% of the contract value is essential to secure the university against service failure. While tender document fees are generally waived on GeM, any offline procurement must adhere to standard fee structures. The Liquidated Damages (LD) clause, capped at 0.5% per week of delay up to a maximum of 10% of the total contract value, serves as a critical deterrent against delays in the recruitment timeline, ensuring the university maintains its administrative continuity.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Financial Rules 2017. Dispute resolution will be strictly handled through the Indian Arbitration and Conciliation Act, 1996, with the venue in Patna. Payments will be linked to specific milestones, such as the publication of advertisements, shortlisting of candidates, and final appointment. A Defect Liability Period (DLP) will apply to the recruitment process, ensuring the agency remains accountable for candidate background verification. An Integrity Pact must be signed by both parties to ensure transparency, anti-corruption measures, and adherence to ethical procurement standards throughout the tenure of the recruitment contract.
Procurement & Bidding FAQs — Cusb Finance Officer Recruitment
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Unless explicitly stated in the tender document, JVs are generally discouraged for professional service contracts to ensure direct accountability of the primary service provider.
The EMD must be submitted in the format specified in the tender document, issued by a scheduled commercial bank, and remain valid for 45 days beyond the final 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 alter their offer.
No, this is a fixed-price contract. The quoted rates shall remain firm throughout the contract period, and no escalation due to market fluctuations will be entertained.
Technical evaluation is based on a weighted scoring system covering firm experience, consultant qualifications, methodology, and past performance, with a minimum qualifying threshold of 70%.
While MSMEs may be exempted from EMD, they are generally required to submit the PBG unless specific provisions in the tender document state otherwise.