Ibsd of Project Associate at IBSD May Recruitment
Official recruitment notice issued by Ibsd for the post of Project Associate at IBSD May. 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. CBT Paper-1 (General & Technical), 2. CBT Paper-2 (Core Engineering Discipline), 3. Document Verification.
Frequently Asked Questions
e-Procurement Bidding Roadmap & Portal Workflow
Register the entity on the GeM portal or CPPP using a valid Digital Signature Certificate (DSC) to ensure secure authentication and compliance with procurement portal protocols for IBSD recruitment services.
Participate in the pre-bid clarification meeting to resolve technical queries, scope ambiguities, or eligibility concerns, ensuring all prospective bidders have a uniform understanding of the recruitment requirements and deliverables.
Submit the two-cover bid comprising the technical proposal, including credentials and experience, and the financial BoQ, ensuring all documents are digitally signed and uploaded before the specified deadline.
Conduct the commercial BoQ financial opening following the successful technical evaluation of bids, where only technically qualified bidders proceed to the price discovery phase based on the lowest evaluated cost.
Issue the formal Letter of Award (LoA) to the L1 bidder, followed by the execution of the contract agreement, incorporating all terms, conditions, and service level agreements defined in the tender.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Ibsd of Project Associate at IBSD May 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 should be at least 30% of the estimated contract value during the last three financial years, duly certified by a Chartered Accountant. |
| Statutory Benchmark | The bidder must have successfully executed at least one similar project or recruitment service contract for a government or autonomous body within the last three years. |
| Statutory Benchmark | Mandatory possession of valid GSTIN, PAN, EPF registration, ESI registration, and a valid Labor License under 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. |
Financial Safeguards, EMD & Performance Security Guarantees
The contract valuation for the IBSD Project Associate recruitment must be derived from the estimated manpower cost, including statutory contributions. 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 from the successful bidder to secure performance obligations. Tender document fees are generally waived on GeM/CPPP to promote transparency. Liquidated Damages (LD) are strictly capped at 0.5% per week of delay, with a maximum ceiling of 10% of the total contract value, ensuring accountability for service delivery timelines. Financial bids must account for all applicable taxes, ensuring the total cost remains within the budgetary allocation of the procuring entity while maintaining compliance with prevailing minimum wage acts and statutory labor regulations.
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 are structured on milestone-based billing linked to successful recruitment phases. A Defect Liability Period (DLP) of six months applies to the quality of personnel provided. An Integrity Pact must be signed for high-value contracts to ensure transparency and prevent corrupt practices. All statutory deductions, including TDS and labor cess, shall be withheld as per prevailing tax laws, and the contractor must maintain comprehensive records for audit purposes by the Comptroller and Auditor General.
Procurement & Bidding FAQs — Ibsd of Project Associate at IBSD M
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Unless explicitly stated in the tender document, JVs are generally discouraged for service-based recruitment contracts to ensure single-point 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 period.
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.
Typically, recruitment service contracts are fixed-price; however, adjustments for statutory minimum wage revisions may be permitted if explicitly included in the GCC.
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.
Yes, the PBG is refundable without interest after the successful completion of the contract period and fulfillment of all contractual obligations, including the DLP.