Cutn Finance Officer Recruitment
Official recruitment notice issued by Cutn 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
Ph.D / Doctorate, MBBS / Medical Degree, Diploma / Technical Certificate. Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
Physical Endurance Test (PET/PST).
Frequently Asked Questions
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Project Associate | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Finance Officer | 1 | Rs. 25,500 - 29,200 | 2021-12-21 |
| Finance Officer | 1 | Rs. 4,366 - Rs. 27,7 | 2026-09-30 |
| Finance Officer | 1 | Level-1 (Rs. 18,000 | 2026-09-30 |
| Procurement Scope | Est. Value | EMD Amount | Closing Date |
|---|---|---|---|
| Tender Notice - Cutn (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
e-Procurement Bidding Roadmap & Portal Workflow
Register the entity on the GeM portal or CPPP using a valid Digital Signature Certificate (DSC) to obtain necessary authentication tokens for accessing the tender document and submission portal.
Conduct a pre-bid clarification meeting to address technical queries from prospective bidders, ensuring all amendments or clarifications are published as corrigenda on the portal to maintain transparency and fairness.
Submit the bid in a two-cover system, comprising a technical cover with eligibility documents and a separate financial cover containing the BoQ, ensuring no price details appear in technical documents.
Perform the commercial BoQ financial opening for technically qualified bidders, where the system ranks participants based on the lowest evaluated price, adhering to the L1 selection criteria for award.
Issue the formal 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 Cutn 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 executive search or recruitment projects for Central Universities or Government Institutions within the last five years. |
| Statutory Benchmark | The bidder must possess valid statutory registrations, including GSTIN, PAN, EPF, ESI, and a valid Labor License, ensuring full compliance with prevailing Indian labor and tax laws. |
| Statutory Benchmark | MSMEs and Startups are eligible for exemptions regarding EMD and prior turnover requirements under Rule 170 of GFR 2017 and the Public Procurement Policy, subject to valid Udyam registration. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for the Finance Officer recruitment at CUTN 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 under Rule 170. A Performance Bank Guarantee (PBG) of 3-5% of the contract value is required from the successful bidder to ensure faithful execution. Tender document fees are generally waived on GeM, but if offline, they must be non-refundable. The Liquidated Damages (LD) clause is strictly set at 0.5% of the contract value per week of delay, capped at 10% of the total order value. These parameters ensure financial accountability, risk mitigation, and adherence to public procurement transparency standards while protecting the interests of the Central University of Tamil Nadu.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Conditions of Contract (GCC) of GFR 2017. Disputes shall be resolved through the Indian Arbitration and Conciliation Act, 1996, with the venue in Thiruvarur. Billing will follow milestone-based payments linked to successful candidate onboarding. A Defect Liability Period (DLP) of six months applies to the recruitment quality. An Integrity Pact is mandatory for high-value contracts to ensure transparency and prevent corruption. All services must adhere to the service level agreements defined in the tender, with non-compliance triggering penalty clauses and potential forfeiture of the Performance Bank Guarantee held by the university.
Procurement & Bidding FAQs — Cutn Finance Officer Recruitment
Generally, Joint Ventures are not permitted unless specifically mentioned in the tender document to ensure individual accountability of the recruitment agency.
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 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 their offer.
No, this is a fixed-price contract. Bidders must account for all potential cost escalations, including taxes and statutory levies, within their quoted rates.
Technical evaluation is based on a scoring matrix considering past experience, team expertise, and methodology, with a minimum qualifying threshold usually set at 70%.
Yes, EMD can be submitted via Demand Draft or Bank Guarantee in favor of the Finance Officer, CUTN, payable at the designated bank branch.