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
Essential Educational Qualification
Ph.D / Doctorate, B.Tech / B.E (Engineering), MBBS / Medical Degree, LLB / Law Degree, CA / ICWA / CS, Post Graduate (Master's Degree), Graduate (Bachelor's Degree). Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
1. Computer Based Written Test (CBT), 2. Skill Test / Interview (Where Applicable), 3. Document Verification & Medical Fitness Test.
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
Register the entity on the GeM portal or CPPP using a valid Class-III Digital Signature Certificate to obtain necessary authentication tokens for secure portal access and bid participation.
Attend the mandatory pre-bid clarification meeting to address technical queries regarding the CET syllabus, examination infrastructure, and logistical requirements, ensuring all bidders have a uniform understanding of scope.
Submit the two-cover bid comprising the Technical Bid, containing credentials and compliance documents, and the Financial Bid, which remains encrypted until the technical evaluation is successfully completed.
Conduct the commercial BoQ financial opening for technically qualified bidders, where the lowest responsive bidder (L1) is identified based on the total cost of services quoted in the portal.
Issue the formal Letter of Award (LoA) to the L1 bidder, followed by the signing of the Service Level Agreement and submission of the Performance Bank Guarantee by the vendor.
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 | Average annual turnover of the bidder must be 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 three similar projects involving national-level entrance examinations or large-scale recruitment processes for government or autonomous institutions in the last five years. |
| Statutory Benchmark | Mandatory possession of valid GSTIN, PAN, EPF, and ESI registrations, along with a valid Labor License, ensuring full compliance with Indian statutory and labor welfare regulations. |
| Statutory Benchmark | MSME and Startup entities are eligible for relaxation in prior turnover and experience criteria as per Rule 170 of GFR 2017 and the Public Procurement Policy for MSEs Order. |
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 be exempted under Rule 170. A Performance Bank Guarantee (PBG) of 3-5% of the contract value is required from the successful bidder to ensure service delivery standards. 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 security for IICA while maintaining competitive neutrality and adherence to the General Financial Rules governing public procurement in India.
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. Payments will be released based on milestone achievements, such as successful conduct of the CET and declaration of results. A Defect Liability Period (DLP) of six months post-examination is mandatory to address any data discrepancies or technical grievances. Furthermore, the bidder must sign an Integrity Pact to ensure transparency and ethical conduct throughout the procurement lifecycle. All deliverables must strictly adhere to the service level agreements defined in the General Conditions of Contract (GCC) to avoid penalty invocation.
Procurement & Bidding FAQs — Iica Graduate Insolvency Programme
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Joint Ventures are generally discouraged unless specifically mentioned in the NIT; however, consortiums may be allowed if the lead partner meets the primary technical criteria.
The EMD Bank Guarantee must be submitted in the standard format provided in the tender document, issued by a scheduled commercial bank, and valid for 45 days beyond the bid validity.
The standard bid validity period is 180 days from the date of technical bid opening, during which the bidder cannot withdraw or modify their offer.
The contract is typically fixed-price; however, price variation may be considered only if the contract duration exceeds 24 months, subject to specific indices.
Technical evaluation is based on a Quality and Cost Based Selection (QCBS) or Least Cost Selection (LCS) method, with minimum qualifying marks set at 70%.
Requests for extension must be submitted in writing at least 48 hours before the deadline; IICA reserves the right to grant extensions based on the number of queries received.