The sanctioned remuneration is Rs. 25,500 - 29,200 (Level-4) under the 7th Central Pay Commission framework, accompanied by standard Central/State allowances including Dearness Allowance (DA), House Rent Allowance (HRA), and National Pension System (NPS) benefits.
What is the official application deadline?
The confirmed deadline for online application registration and fee settlement is 20-06-2022. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from HSFC Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain hsfc.gov.in. Always cross-check notice references against primary government bulletins.
Explore verified public authorities and related career tracks across the national network:
Register the HSFC Authority entity on the GeM portal using a valid Digital Signature Certificate (DSC) to initiate the tender process and generate a unique Bid Number for tracking.
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Conduct a pre-bid clarification meeting to address technical queries from prospective bidders, ensuring transparency and providing necessary amendments or clarifications through a formal corrigendum uploaded on the portal.
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Invite bidders to submit a two-cover bid system, comprising a technical cover with credentials and a separate commercial cover containing the priced Bill of Quantities (BoQ) for evaluation.
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Perform technical evaluation of submitted bids, followed by the opening of financial bids for technically qualified vendors to determine the L1 bidder based on the lowest evaluated price.
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Issue the formal Letter of Award (LoA) to the successful bidder after verifying all statutory documents and obtaining the required Performance Bank Guarantee as per the contract terms.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Guest Coaches 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 must be 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 have successfully executed similar nature of work (coaching services) for government or reputed private organizations, evidenced by copies of past Work Orders and completion certificates.
Statutory Benchmark
Mandatory possession of valid GSTIN, PAN, EPF, ESI registrations, and a valid Labor License under the Contract Labour (Regulation and Abolition) Act to ensure statutory compliance.
Statutory Benchmark
Exemption from EMD and prior turnover requirements for MSMEs and Startups as per Rule 170 of GFR 2017 and the Public Procurement Policy for Micro and Small Enterprises.
The contract valuation for HSFC Authority Guest Coaches must be derived from market benchmarking and historical rates. Per GFR 2017, an 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 safeguard against performance failure. Tender document fees are generally waived on GeM, but if offline, must be non-refundable. The Liquidated Damages (LD) clause is strictly capped at 0.5% per week of delay, with a maximum ceiling of 10% of the total contract value. This structure ensures financial discipline, protects the authority against service lapses, and aligns with standard public procurement norms, ensuring that the financial risk is balanced between the HSFC Authority and the service provider throughout the contract lifecycle.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Financial Rules (GFR) 2017. Disputes shall be resolved through the Indian Arbitration and Conciliation Act, 1996, with the venue in the jurisdiction of the HSFC Authority. Payments will be processed via milestone-based billing linked to satisfactory service delivery reports. A Defect Liability Period (DLP) or performance monitoring period is applicable to ensure service quality. For high-value contracts, an Integrity Pact is mandatory to prevent corrupt practices. The contractor must adhere to all labor laws, and the HSFC Authority reserves the right to terminate the contract for material breaches or non-performance.
Procurement & Bidding FAQs — Guest Coaches
Are Joint Ventures (JV) permitted to participate in this tender?
Unless explicitly stated in the tender document, JVs are generally discouraged to ensure individual accountability, though consortiums may be allowed if they meet the lead bidder criteria.
What is the prescribed format for the EMD Bank Guarantee?
The EMD Bank Guarantee must be submitted in the standard format provided in the tender document, issued by a scheduled commercial bank, and remain valid for 45 days beyond the bid validity.
What is the standard bid validity period for this procurement?
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.
Does the contract include a Price Variation Clause (PVC)?
Generally, fixed-price contracts are preferred. PVC is only applicable for long-term contracts exceeding two years, linked to specific government-notified indices like CPI or WPI.
How are technical evaluation marks calculated?
Technical evaluation is based on a Quality and Cost Based Selection (QCBS) or Least Cost Selection (LCS) method, where bidders must score a minimum threshold to qualify for financial opening.
Can a bidder submit multiple bids for the same tender?
No, a bidder is permitted to submit only one bid. Submission of multiple bids by the same entity will lead to the summary rejection of all such bids.