Ibsd of Director - Executive Director of iBRIC September Recruitment
Official recruitment notice issued by Ibsd for the post of Director - Executive Director of iBRIC September. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
Graduate / As specified in official notice. Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
1. Screening / Shortlisting of Applications, 2. Academic / Research Performance Evaluation, 3. Personal Interview & Document Verification.
Frequently Asked Questions
e-Procurement Bidding Roadmap & Portal Workflow
Register the procuring entity on the GeM portal or CPPP, ensuring valid Digital Signature Certificates (DSC) and organizational credentials are uploaded to initiate the electronic tender process for recruitment services.
Conduct a mandatory pre-bid clarification meeting to address vendor queries regarding the scope of work, evaluation criteria, and recruitment timelines, ensuring transparency and fair competition among all prospective bidders.
Invite a two-cover system submission where bidders upload technical credentials in the first cover and financial BoQ in the second, ensuring technical evaluation precedes the opening of financial bids.
Perform a rigorous technical evaluation of submitted proposals against pre-defined criteria, followed by the opening of the BoQ for technically qualified bidders to determine the lowest responsive bidder (L1).
Issue the formal Letter of Award (LoA) to the successful bidder upon successful verification of performance security and signing of the contract agreement to commence the recruitment project.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Ibsd of Director - Executive Director of iBRIC September 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, ending 31st March of the previous financial year, should be at least 30% of the estimated contract value. |
| Statutory Benchmark | The bidder must have successfully executed at least one similar project involving executive search or recruitment for government or autonomous research institutions in the last five years. |
| Statutory Benchmark | Mandatory submission of valid GSTIN, PAN, EPF, ESI registration certificates, and a valid Labor License as per the Contract Labour (Regulation and Abolition) Act, 1970. |
| 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 Order, 2012. |
Financial Safeguards, EMD & Performance Security Guarantees
The contract valuation for the IBSD Executive Director recruitment process must be determined based on market benchmarking for high-level executive search services. Per GFR 2017, an EMD of 2% of the estimated value is mandatory to ensure bidder seriousness, though MSMEs may be exempted under Rule 170. A Performance Bank Guarantee (PBG) of 3-5% of the contract value is required post-award to secure performance obligations. 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% of the contract value per week of delay, with a maximum ceiling of 10%. This structure ensures financial accountability while maintaining compliance with public procurement norms, protecting the procuring entity against non-performance or delays in the critical recruitment timeline for the iBRIC leadership position.
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 will be released based on defined milestones linked to recruitment stages. A Defect Liability Period (DLP) of six months applies to the validity of the selected candidate. An Integrity Pact is mandatory for high-value contracts to ensure transparency, preventing corruption and unethical practices. All service delivery must strictly adhere to the General Financial Rules (GFR) 2017, ensuring that the recruitment process remains audit-compliant, fair, and transparent throughout the project lifecycle.
Procurement & Bidding FAQs — Ibsd of Director - Executive Direct
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Unless explicitly stated in the tender document, JVs are generally discouraged for service-based recruitment contracts to ensure individual accountability of the lead firm.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in the pro-forma provided in the tender document, valid for 45 days beyond the final bid validity.
The bid validity period is typically 90 to 120 days from the date of technical bid opening, during which the bidder cannot withdraw their offer.
No, recruitment service contracts are generally fixed-price contracts; price variation clauses are typically excluded unless the contract duration exceeds 24 months.
Technical evaluation is based on a scoring matrix covering firm experience, consultant expertise, methodology, and past performance, requiring a minimum qualifying score to proceed to financial opening.
Yes, if the estimated value of the procurement exceeds the threshold prescribed by the CVC guidelines, an Integrity Pact must be signed by both parties.