Griid of Principal on Contract Basis in GRIID Recruitment
Official recruitment notice issued by Griid for the post of Principal. 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, Diploma / Technical Certificate. Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
Personal Interview.
Frequently Asked Questions
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Clerk | 1 | Rs. 25,500 - 29,200 | 2020-08-08 |
| Joint Director | 1 | Rs. 123,100 - 144,20 | 2026-07-13 |
| Occupational Therapist | 1 | Rs. 25,500 - 29,200 | 2026-07-13 |
| Joint Director | 1 | Rs. 123,100 - 144,20 | 2026-09-30 |
e-Procurement Bidding Roadmap & Portal Workflow
Ensure valid DSC and GeM portal registration to access the tender document, followed by a thorough review of the scope of work and specific recruitment requirements for the Principal position.
Attend the mandatory pre-bid clarification meeting to seek technical and commercial deviations, ensuring all queries are documented and addressed through formal corrigendum issued by the GRIID procurement committee.
Submit the two-cover bid comprising the technical proposal, including credentials and statutory compliance documents, and the financial BoQ, ensuring all digital signatures are verified and uploaded before the deadline.
Participate in the technical evaluation process where the committee assesses eligibility criteria; successful bidders proceed to the commercial BoQ opening, where the L1 bidder is identified based on total cost.
Receive the Letter of Award (LoA) upon successful verification of documents, followed by the submission of the Performance Bank Guarantee and signing of the formal contract agreement with GRIID.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Griid of Principal on Contract Basis in GRIID Recruitment must satisfy the multi-tiered technical, financial, and statutory qualifying covenants detailed below:
| Evaluation Benchmark | Mandated Technical & Financial Covenant |
|---|---|
| Statutory Benchmark | Average Annual Turnover of the bidder must be at least 30% of the estimated contract value over the last three consecutive financial years, supported by audited balance sheets. |
| Statutory Benchmark | Submission of at least one or two work orders of similar nature involving recruitment or manpower supply services for educational or government institutions within the last five years. |
| Statutory Benchmark | Mandatory possession of valid GSTIN, PAN, EPF, and ESI registrations, along with a valid Labor License under the Contract Labour (Regulation and Abolition) Act, 1970. |
| Statutory Benchmark | Exemption from EMD and prior turnover criteria for 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 contract valuation for the recruitment of a Principal on a contract basis at GRIID must be determined based on the consolidated monthly remuneration, inclusive of all statutory contributions. In alignment with GFR 2017, an EMD of 2% of the estimated contract value is mandatory to ensure bid seriousness, though MSMEs may be exempted under Rule 170. A Performance Bank Guarantee (PBG) ranging from 3% to 5% of the total contract value is required to secure performance obligations. Tender document fees are generally waived on GeM, but if applicable, they remain non-refundable. Liquidated Damages (LD) are strictly capped at 0.5% per week of delay, subject to a maximum of 10% of the contract value. These parameters ensure financial discipline, mitigate procurement risks, and align with the standard financial prudence required for public sector human resource outsourcing engagements under GeM 4.0 guidelines.
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 follow a milestone-based approach linked to successful recruitment deliverables. A Defect Liability Period (DLP) or performance monitoring phase will ensure the candidate meets the stipulated professional standards. An Integrity Pact is mandatory for high-value contracts to ensure transparency and ethical conduct. All payments are subject to statutory deductions, and the contractor must maintain strict compliance with labor laws, ensuring that the Principal recruitment process adheres to all constitutional and institutional mandates.
Procurement & Bidding FAQs — Griid of Principal on Contract Basi
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Generally, JVs are not permitted for manpower recruitment services unless specifically mentioned in the tender document to ensure individual accountability.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in the format prescribed by GRIID, valid for 45 days beyond the final bid validity period.
The standard bid validity period is 90 to 120 days from the date of technical bid opening, as per GFR 2017 guidelines.
Price variation is typically not applicable for fixed-term recruitment contracts, though statutory wage revisions mandated by the government may be considered.
Technical evaluation is based on a pass-fail criteria regarding eligibility, followed by a quality-based assessment of the bidder's experience and recruitment methodology.
No, MSMEs are generally exempted from EMD, but they are typically required to submit the Performance Bank Guarantee as per the specific tender terms.