Hsfc Advertisement Number Remarks Recruitment
Official recruitment notice issued by Hsfc for the post of Number Remarks. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
M.Tech / M.E, B.Tech / B.E (Engineering), MBBS / Medical Degree, Graduate (Bachelor's Degree), Diploma / Technical Certificate, ITI / Trade Certificate, 10th / Matriculation (High School). Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
Computer Based Test (CBT) -> Written Examination -> Skill / Trade Test -> Personal Interview.
Frequently Asked Questions
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Government Post / | 1 | Rs. 25,500 - 29,200 | 2023-10-27 |
| Junior Administrative Assistant / Executive | 1 | Level-11 (Rs. 67,700 | 2023-10-27 |
| Director | 1 | Rs. 123,100 - 144,20 | 2023-10-27 |
| Medical Officer | 1 | Level-11 (Rs. 67,700 | 2023-10-27 |
| Procurement Scope | Est. Value | EMD Amount | Closing Date |
|---|---|---|---|
| Tender Notice - Hsfc (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
| Tender Notice - Hsfc (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
| Tender Notice - Hsfc (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | 2023-10-27 |
e-Procurement Bidding Roadmap & Portal Workflow
Bidders must obtain valid Digital Signature Certificates and complete mandatory registration on the GeM portal or CPPP to access tender documents and participate in the electronic bidding process for HSFC.
A pre-bid meeting shall be convened to address technical queries, scope clarifications, and eligibility concerns, with all amendments or clarifications subsequently published as corrigenda on the official procurement portal.
Bidders are required to submit a two-cover system consisting of a technical bid containing credentials and compliance documents, and a separate financial bid containing the priced Bill of Quantities.
Following the technical evaluation, the financial bids of only the technically qualified bidders will be opened on the portal to determine the L1 bidder based on the lowest quoted price.
The procuring entity shall issue a formal Letter of Award to the successful bidder, contingent upon the submission of the required Performance Bank Guarantee and signing of the formal contract.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Hsfc Advertisement Number Remarks 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 percent 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 successful execution of at least three similar recruitment advertisement or media management projects for government or public sector entities in 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 compliance with statutory labor and tax regulations. |
| Statutory Benchmark | MSMEs and DPIIT-recognized startups are eligible for exemptions regarding EMD and prior turnover experience under Rule 170 of GFR 2017, subject to submission of valid Udyam or Startup registration certificates. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for HSFC recruitment advertisement services requires a robust financial framework aligned with GFR 2017. The estimated contract value must be derived from market rates for media placement and recruitment processing. An Earnest Money Deposit (EMD) of 2 percent of the estimated value is mandatory to ensure bidder seriousness, though MSMEs may be exempted per Rule 170. Upon selection, the successful bidder must furnish a Performance Bank Guarantee (PBG) ranging from 3 to 5 percent of the contract value to secure performance obligations. Tender document fees, if applicable, remain non-refundable. The contract must incorporate a stringent Liquidated Damages (LD) clause, stipulating a deduction of 0.5 percent per week of delay, capped at 10 percent of the total contract value. These parameters ensure financial accountability, mitigate procurement risks, and protect the procuring entity against potential service delivery failures or delays in recruitment timelines.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Financial Rules 2017. Dispute resolution will be strictly handled under the Indian Arbitration and Conciliation Act, 1996, with the venue fixed at the procuring entity's jurisdiction. Payments will be processed based on milestone billing linked to successful advertisement publication and recruitment deliverables. A Defect Liability Period (DLP) of six months post-completion ensures service quality. Furthermore, an Integrity Pact must be executed for high-value contracts to ensure transparency, prevent corrupt practices, and maintain ethical standards throughout the procurement lifecycle, ensuring all parties adhere to the stipulated code of conduct and service level agreements.
Procurement & Bidding FAQs — Hsfc Advertisement Number Remarks R
Joint Ventures are generally not permitted unless explicitly stated in the tender document; bidders must participate as a single legal entity to ensure clear accountability.
The EMD Bank Guarantee must be submitted in the specific format provided in the tender document, issued by a scheduled commercial bank, and remain valid for 45 days beyond bid validity.
The standard bid validity period is 180 days from the date of technical bid opening, during which the bidder cannot withdraw or modify their offer.
The contract is typically fixed-price; however, if media rates are subject to government-notified changes, a specific price variation clause may be included based on DAVP/BOC rates.
Technical evaluation is based on a pass/fail criteria regarding eligibility documents, followed by a quality-based assessment of the bidder's proposed methodology and past project experience.
No, while MSMEs may be exempted from EMD under Rule 170, they are generally required to submit the Performance Bank Guarantee to ensure contract performance.