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
Essential Educational Qualification
Graduate / Relevant Discipline as specified in official gazette. 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 entity on the GeM portal or CPPP using a valid Class-III Digital Signature Certificate to obtain necessary authentication tokens for secure electronic bid submission and document uploading.
Conduct a pre-bid clarification meeting to address technical queries from prospective bidders, ensuring transparency and providing formal corrigenda to clarify scope requirements for the IBSD Executive Director recruitment process.
Submit a two-cover bid comprising a comprehensive technical proposal detailing methodology and credentials, followed by a separate financial BoQ, ensuring no price details are disclosed within the technical cover.
Execute the commercial BoQ financial opening process where the system evaluates the lowest responsive bidder (L1) based on the total quoted service fees, ensuring compliance with all financial terms.
Issue the formal Letter of Award (LoA) to the successful bidder, initiating the contract signing process and the submission of the Performance Bank Guarantee as per the stipulated timelines.
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 | The bidder must demonstrate an average annual turnover of 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 provide proof of executing at least two similar executive search or recruitment projects for government or autonomous research institutions within the last five years. |
| Statutory Benchmark | The bidder must possess valid statutory registrations including GSTIN, PAN, EPF, ESI, and a valid Labor License, ensuring full compliance with Indian labor and tax laws throughout the contract. |
| Statutory Benchmark | MSMEs and DPIIT-recognized startups are eligible for exemption from EMD requirements under Rule 170 of GFR 2017 and the Public Procurement Policy, subject to submission of valid Udyam registration. |
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, mitigates risk for IBSD, and aligns with standard public procurement practices for professional services, ensuring that the selected agency remains committed to the stringent timelines required for high-level institutional recruitment.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall strictly adhere to the General Financial Rules 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 procuring entity. Payments will be linked to specific recruitment milestones rather than upfront lump sums. A Defect Liability Period (DLP) will apply to the quality of candidate screening. Furthermore, an Integrity Pact must be signed by the successful bidder to ensure transparency, anti-corruption compliance, and ethical conduct throughout the engagement period, safeguarding the institutional interests of IBSD during the recruitment lifecycle.
Procurement & Bidding FAQs — Ibsd of Director - Executive Direct
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Joint Ventures are generally discouraged for professional service contracts unless explicitly specified in the tender document to ensure individual agency accountability.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in the specific format provided in the tender document, valid for 45 days beyond the bid validity.
The standard bid validity period is 90 days from the date of technical bid opening, during which the bidder cannot withdraw or modify their offer.
No, the contract is based on a fixed-price model for the duration of the recruitment project to ensure budgetary certainty for IBSD.
Technical evaluation is based on a weighted scoring matrix covering firm experience, methodology, team expertise, and past performance, requiring a minimum qualifying score of 70%.
No, the tender document fee is non-refundable regardless of the bid outcome, as it covers the administrative costs of the procurement process.