Gvc Advisor Recruitment
Official recruitment notice issued by Gvc for the post of Advisor. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
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
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 tokens for secure access and participation in the electronic bidding process.
Conduct a pre-bid clarification meeting to address technical queries, scope ambiguities, and compliance requirements, ensuring all prospective bidders receive uniform responses via formal corrigendum uploaded on the procurement portal.
Submit the two-cover bid consisting of a technical proposal detailing methodology and credentials, and a separate financial bid, ensuring no price information is disclosed within the technical submission documents.
Perform the commercial BoQ financial opening for technically qualified bidders only, ranking them based on the lowest evaluated price (L1) while ensuring adherence to the predefined financial evaluation criteria.
Issue the formal Letter of Award (LoA) to the successful bidder upon successful verification of performance security and signing of the contract agreement, marking the commencement of the engagement.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Gvc Advisor Recruitment must satisfy the multi-tiered technical, financial, and statutory qualifying covenants detailed below:
| Evaluation Benchmark | Mandated Technical & Financial Covenant |
|---|---|
| Statutory Benchmark | Average annual financial turnover of the bidder during the last three financial years must be at least 30% of the estimated contract value, supported by audited balance sheets. |
| Statutory Benchmark | Submission of at least two similar project execution work orders in the public sector or large corporate domain within the last five years to demonstrate relevant advisory expertise. |
| Statutory Benchmark | Mandatory possession of valid GSTIN, PAN, EPF, and ESI registrations, along with a valid Labor License, ensuring full compliance with Indian statutory and labor welfare regulations. |
| Statutory Benchmark | Exemption from EMD and prior turnover/experience requirements for MSMEs and Startups as per Rule 170 of GFR 2017 and the Public Procurement Policy, subject to submission of valid Udyam certificates. |
Financial Safeguards, EMD & Performance Security Guarantees
The contract valuation for Gvc Advisor Recruitment must be derived from a realistic market assessment of professional consultancy services. In alignment with GFR 2017, an EMD of 2% of the estimated value is mandatory to ensure bidder seriousness, though MSMEs may be exempted under Rule 170. The Performance Bank Guarantee (PBG) is set at 3-5% of the contract value to secure performance obligations. Tender document fees are generally waived on GeM, but if offline, must be non-refundable. Liquidated Damages (LD) are strictly capped at 0.5% per week of delay, with a maximum ceiling of 10% of the total contract value. These parameters ensure financial discipline, mitigate risk for Gvc, and maintain compliance with standard public procurement norms, ensuring that the selected advisor remains accountable throughout the project lifecycle while protecting the procuring entity against potential service delivery failures or delays.
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 are structured against milestone deliverables verified by the project head. A Defect Liability Period (DLP) of twelve months applies to the advisory output to ensure quality and accuracy. Furthermore, an Integrity Pact is mandatory for high-value contracts to ensure transparency and prevent corrupt practices. All service delivery must adhere to the General Conditions of Contract (GCC) stipulated by Gvc, ensuring that all statutory obligations are met throughout the tenure of the advisory services.
Procurement & Bidding FAQs — Gvc Advisor Recruitment
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Yes, JVs are permitted provided they meet the cumulative technical and financial criteria, and the lead partner holds at least 51% stake in the venture.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in India, strictly following the standard format provided in the tender document annexure.
The bid must remain valid for a period of 180 days from the date of technical bid opening, as per standard GFR 2017 procurement guidelines.
No, the contract is based on a fixed-price model for the duration of the engagement, and no price variation is permitted unless explicitly stated in the corrigendum.
Technical evaluation is based on a scoring matrix covering firm experience, consultant qualifications, and methodology, requiring a minimum of 70% marks to qualify for financial opening.
No, while MSMEs are exempted from EMD under Rule 170, they are generally required to submit the Performance Bank Guarantee to ensure contract performance.