Iica Graduate Insolvency Programme CET Recruitment
Official recruitment notice issued by Iica for the post of Graduate Insolvency Programme CET. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
Ph.D / Doctorate, B.Tech / B.E (Engineering), MBBS / Medical Degree, Post Graduate (Master's Degree), Graduate (Bachelor's Degree). Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
Physical Endurance Test (PET/PST) -> Personal Interview.
Frequently Asked Questions
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Graduate Insolvency Programme CET | 1 | Rs. , | 2026-09-30 |
| Graduate Insolvency Programme CET | 1 | Rs. 25,500 - 29,200 | 2026-08-14 |
| Graduate Insolvency Programme CET | 1 | Rs. 25,500 - 29,200 | 2026-08-14 |
| Graduate Insolvency Programme CET | 1 | Rs. 25,500 - 29,200 | 2026-08-14 |
e-Procurement Bidding Roadmap & Portal Workflow
Ensure valid Digital Signature Certificate (DSC) and registration on the GeM portal or CPPP to access tender documents and participate in the IICA Graduate Insolvency Programme CET recruitment process.
Attend the mandatory pre-bid clarification meeting to seek technical and commercial clarifications regarding the scope of work, ensuring all queries are submitted within the stipulated timeframe for official IICA responses.
Submit the two-cover bid consisting of a technical proposal detailing methodology, team expertise, and infrastructure, alongside the commercial BoQ, ensuring all documents are uploaded before the specified tender closing date.
Participate in the commercial BoQ financial opening process, where the price bids of technically qualified bidders are evaluated to determine the L1 bidder based on the lowest evaluated cost.
Receive the Letter of Award (LoA) from IICA upon successful evaluation, followed by the signing of the formal contract agreement and submission of the required Performance Bank Guarantee within the deadline.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Iica Graduate Insolvency Programme CET 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 have successfully executed at least one similar project involving large-scale examination or recruitment services for government or autonomous bodies in 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 | MSME and Startup entities are eligible for exemptions from EMD and prior turnover/experience criteria under Rule 170 of GFR 2017, provided they submit valid Udyam or DPIIT registration certificates. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for the IICA Graduate Insolvency Programme CET requires a robust financial framework aligned with GFR 2017. The contract valuation must be estimated based on historical expenditure and market benchmarking for examination services. An Earnest Money Deposit (EMD) of 2% of the estimated value is mandatory to ensure bidder seriousness, though MSMEs may seek exemption under Rule 170. A Performance Bank Guarantee (PBG) ranging from 3% to 5% of the contract value is required from the successful bidder to safeguard against non-performance. Tender document fees are generally waived on GeM, but if offline, must be non-refundable. Liquidated Damages (LD) are strictly capped at 0.5% per week of delay, subject to a maximum of 10% of the total contract value. These parameters ensure financial accountability, risk mitigation, and adherence to the principle of value for money in public procurement.
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 New Delhi. Billing will follow a milestone-based approach linked to successful completion of examination phases. A Defect Liability Period (DLP) of six months post-recruitment cycle is mandatory to address any discrepancies in candidate data or process integrity. Furthermore, the bidder must sign an Integrity Pact to ensure transparency and ethical conduct. All payments are subject to statutory tax deductions at source (TDS) and verification of service delivery against the defined scope of work and service level agreements.
Procurement & Bidding FAQs — Iica Graduate Insolvency Programme
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Unless explicitly stated in the tender document, JVs are generally discouraged to ensure single-point accountability, though sub-contracting specific non-core tasks may be permitted with prior IICA approval.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in India, strictly following the format provided in the tender document, and must remain valid for 45 days beyond the final bid validity.
The bid must remain valid for a minimum period of 180 days from the date of technical bid opening to allow sufficient time for evaluation and administrative approvals.
Typically, these contracts are fixed-price contracts. Price variation is generally not applicable unless the contract duration exceeds 24 months and involves significant statutory wage revisions.
Technical evaluation is based on a Quality and Cost Based Selection (QCBS) or Least Cost System (LCS) method, where bidders are scored on past experience, technical methodology, and team qualifications.
Yes, violation of the Integrity Pact can lead to disqualification, forfeiture of EMD/PBG, and debarment from future IICA tenders, in addition to legal action under relevant penal codes.