What is the pay scale for Online Walk in Interview Jrf Position Under?
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 2026-09-30. 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:
Bidders must obtain a valid Class-III Digital Signature Certificate and register on the GeM portal or CPPP to access tender documents and participate in the electronic bidding process.
2
A pre-bid clarification meeting will be conducted to address technical queries, scope ambiguities, or eligibility concerns, with all amendments subsequently published as corrigenda on the official procurement portal.
3
Bidders shall submit a two-cover system comprising a technical bid with credentials and a separate financial BoQ, ensuring no price disclosure occurs within the technical documentation package.
4
Upon successful technical evaluation, the financial bids of qualified vendors will be opened electronically, and the L1 bidder will be identified based on the lowest evaluated price.
5
The HSFC Authority will issue a formal Letter of Award (LoA) to the successful bidder, initiating the contract signing process subject to the submission of the required PBG.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Online Walk in Interview Jrf Position Under 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 financial years, supported by audited balance sheets.
Statutory Benchmark
The bidder must provide proof of executing at least one similar project or service contract for a government entity or autonomous body within the last five years.
Statutory Benchmark
Mandatory submission of valid GSTIN, PAN, EPF, and ESI registrations, along with a valid Labor License, is required to ensure full statutory compliance under Indian labor laws.
Statutory Benchmark
MSMEs and Startups recognized by DPIIT are eligible for exemption from EMD and prior turnover/experience criteria as per Rule 170 of GFR 2017 and Public Procurement Policy.
The procurement for the Online Walk-in Interview JRF position requires a meticulous valuation based on the fellowship stipend, HRA, and contingency grants as per DST/funding agency norms. An EMD of 2% of the estimated annual value is mandatory to ensure bidder seriousness, unless exempted under GFR 2017 Rule 170 for registered MSMEs. A Performance Bank Guarantee (PBG) of 3-5% of the total contract value must be submitted by the successful bidder to secure performance obligations. Tender document fees, if applicable, are non-refundable and must be submitted via DD or online portal. The contract includes a stringent Liquidated Damages (LD) clause, stipulating a deduction of 0.5% of the contract value per week of delay, capped at 10% of the total value. This structure ensures financial discipline, protects the HSFC Authority against non-performance, and aligns with standard GFR 2017 financial prudence guidelines for service contracts.
General Conditions of Contract (GCC) & Integrity Compliance
The contract is governed by the General Financial Rules (GFR) 2017. All disputes arising shall be settled through arbitration under the Indian Arbitration and Conciliation Act, 1996, with the venue in the jurisdiction of the HSFC Authority. Billing is milestone-based, linked to the successful conduct of interviews and submission of candidate reports. A Defect Liability Period (DLP) of six months applies to administrative services. An Integrity Pact is mandatory for high-value contracts to ensure transparency, anti-corruption measures, and ethical conduct throughout the procurement lifecycle, ensuring that all parties adhere to the highest standards of public accountability.
Procurement & Bidding FAQs — Online Walk in Interview Jrf Positi
Are Joint Ventures permitted to bid for this JRF recruitment service contract?
Joint Ventures are generally not permitted unless explicitly stated in the tender document to ensure individual accountability and service quality.
What is the prescribed format for the EMD Bank Guarantee?
The EMD Bank Guarantee must be issued by a scheduled commercial bank in the specific format provided in the tender annexure, valid for 45 days beyond the bid validity.
What is the standard bid validity period for this procurement?
The bid validity period is typically 90 to 120 days from the date of opening of the technical bid, as specified in the tender document.
Does the contract include a Price Variation Clause (PVC)?
Service contracts for JRF recruitment are typically fixed-price; Price Variation Clauses are generally not applicable unless the contract duration exceeds 24 months.
How are technical evaluation marks calculated?
Technical evaluation is based on a scoring matrix considering past experience, resource availability, and methodology, requiring a minimum threshold score to qualify for financial opening.
Can an MSME claim exemption from the Performance Bank Guarantee?
No, while MSMEs may be exempted from EMD, they are generally required to submit the Performance Bank Guarantee to ensure contract performance.