2nd List of Undelivered Cheques Which Were Issued to the Applicants Who Ha
Official gazetted recruitment notification for 2nd List of Undelivered Cheques Which Were Issued to the Applicants Who Ha administered by IGNTU Authority (Tamil Nadu).
Hiring Authority: IGNTU AuthoritySanctioned Vacancies: 1 OpeningsRemuneration: Rs. 25,500 - 29,200 (Level-4)Cutoff Date: 2026-09-30Posting Jurisdiction: Tamil Nadu
What is the pay scale for 2nd List of Undelivered Cheques Which Were Issued to the Applicants Who Ha?
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 IGNTU Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain igntu.ac.in. Always cross-check notice references against primary government bulletins.
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Vendors must obtain valid Digital Signature Certificates (DSC) and complete mandatory registration on the GeM portal or CPPP to participate in the electronic tendering process for IGNTU.
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A pre-bid clarification meeting will be conducted to address technical queries, scope ambiguities, and data security protocols, ensuring all bidders have a uniform understanding of the project requirements.
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Bidders must submit a two-cover system comprising a technical bid with credentials and a financial bid (BoQ) separately, ensuring technical compliance is verified before opening commercial price quotes.
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The technical committee evaluates submissions against pre-qualification criteria. Only technically qualified bidders proceed to the commercial BoQ opening, where the L1 bidder is identified based on total cost.
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Upon successful financial evaluation and approval by the competent authority, the Letter of Award (LoA) is issued, formalizing the contract and initiating the performance security submission process.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in 2nd List of Undelivered Cheques Which Were Issued to the Applicants Who Ha 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
Bidders must provide proof of executing at least one similar project involving financial reconciliation, cheque processing, or database management for a Central/State Government entity or Public Sector Undertaking.
Statutory Benchmark
Mandatory submission of valid GSTIN, PAN, EPF, ESI registration certificates, and a valid Labor License is required to ensure full adherence to statutory labor and tax compliance regulations.
Statutory Benchmark
MSMEs and Startups are eligible for exemption from EMD and prior turnover/experience requirements under Rule 170 of GFR 2017, provided they submit valid Udyam or DPIIT registration certificates.
The procurement for the reconciliation and processing of undelivered cheques for IGNTU requires a rigorous financial framework. Given the sensitive nature of financial instruments, the contract valuation must be determined based on the volume of records. An EMD of 2% of the estimated 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 contract value is essential to secure performance against potential data breaches or mismanagement. A nominal non-refundable tender fee may be levied to cover administrative costs. The Liquidated Damages (LD) clause is strictly set at 0.5% per week of delay, capped at 10% of the total contract value, ensuring timely completion of the reconciliation process. These parameters align with GFR 2017 guidelines to mitigate financial risk and ensure accountability in handling public funds and sensitive applicant data.
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 IGNTU. Billing will follow a milestone-based approach linked to the successful reconciliation of cheque batches. A Defect Liability Period (DLP) of six months post-completion ensures data integrity and rectification of any discrepancies. The bidder must sign an Integrity Pact to maintain transparency and prevent corrupt practices throughout the project lifecycle. All deliverables must comply with the General Financial Rules (GFR) 2017, ensuring that the handling of undelivered cheques adheres to strict audit trails and financial security standards.
Procurement & Bidding FAQs — 2nd List of Undelivered Cheques Whi
Are Joint Ventures (JV) permitted to bid for this tender?
Unless explicitly stated in the tender document, JVs are generally discouraged to ensure single-point accountability for sensitive financial data handling.
What is the required 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 document, valid for 45 days beyond the bid validity.
What is the standard bid validity period for this procurement?
The standard bid validity period is 90 days from the date of technical bid opening, extendable upon mutual agreement if required.
Is there a price variation clause applicable to this contract?
No, this is a fixed-price contract. No price variation or escalation will be entertained during the contract period, including statutory tax changes unless specified.
How are technical evaluation marks assigned?
Technical evaluation is based on a pass/fail criteria against the defined eligibility standards rather than a weighted scoring system.
Can an MSME claim exemption from the Performance Bank Guarantee?
No, while MSMEs are exempt from EMD, they are generally required to submit the Performance Bank Guarantee to ensure contract performance.