What is the pay scale for List of Shortlisted Candidates the Interview T?
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 2022-05-31. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from IIFM Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain iifm.ac.in. Always cross-check notice references against primary government bulletins.
Explore verified public authorities and related career tracks across the national network:
Bidders must obtain valid Digital Signature Certificates and register on the GeM portal or CPPP to access tender documents, ensuring all organizational credentials are verified against the IIFM Authority requirements.
2
A pre-bid clarification meeting will be conducted to address technical queries, scope ambiguities, and eligibility concerns, with all responses published as formal corrigenda to ensure transparency for all potential bidders.
3
Bidders shall submit a two-cover system comprising a technical bid with credentials and a separate financial BoQ, ensuring no price information is disclosed within the technical proposal to maintain evaluation integrity.
4
Following technical qualification, the financial bids of responsive bidders will be opened on the GeM portal, and the L1 bidder will be identified based on the lowest evaluated price quote.
5
The IIFM Authority will issue a formal Letter of Award to the successful bidder, contingent upon the submission of the required Performance Bank Guarantee and signing of the formal contract agreement.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in List of Shortlisted Candidates the Interview T 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 percent 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 successful completion of at least one similar recruitment or interview management project for a government or autonomous institution within the last five years.
Statutory Benchmark
Mandatory submission of valid GSTIN, PAN, EPF, ESI, and a valid Labor License is required to ensure full statutory compliance with Indian labor laws and tax regulations.
Statutory Benchmark
MSME and DPIIT-recognized startups are eligible for exemption from EMD and prior turnover/experience criteria under Rule 170 of GFR 2017, provided they submit valid registration certificates.
The contract valuation for the IIFM Authority recruitment support services must be determined based on the estimated volume of candidates and interview logistics. In alignment with GFR 2017, an EMD of 2 percent of the estimated value is mandatory, unless bidders are registered MSMEs or startups, which are exempt under Rule 170. A Performance Bank Guarantee (PBG) ranging from 3 to 5 percent of the total contract value is required from the successful bidder to ensure service quality. Tender document fees are generally waived on the GeM portal to encourage competitive participation. The Liquidated Damages (LD) clause is strictly enforced at 0.5 percent per week of delay, capped at a maximum of 10 percent of the total contract value. This structure ensures financial discipline, mitigates procurement risks, and protects the procuring entity against performance failures while maintaining compliance with standard public procurement financial norms.
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 Bhopal. Payments are structured on milestone-based deliverables, specifically upon the successful submission of shortlisted candidate lists. A Defect Liability Period (DLP) of six months applies to ensure the accuracy of data and process integrity. Furthermore, an Integrity Pact is mandatory for high-value contracts to prevent corrupt practices. The contractor must adhere to all General Financial Rules (GFR) 2017, ensuring that all personnel deployed are compliant with statutory requirements, and the IIFM Authority reserves the right to terminate the contract for non-performance.
Procurement & Bidding FAQs — List of Shortlisted Candidates the
Are Joint Ventures permitted to participate in this tender?
Joint Ventures are generally not permitted unless explicitly stated in the tender document; bidders must participate as a single legal entity.
What is the prescribed 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 period.
What is the standard bid validity period for this procurement?
The standard bid validity period is 180 days from the date of technical bid opening, during which the bidder cannot withdraw or alter their offer.
Is there a price variation clause included in this contract?
No, this is a fixed-price contract, and no price variation or escalation will be entertained during the tenure of the agreement.
How are technical evaluation marks calculated?
Technical evaluation is based on a pass-fail criteria against the defined eligibility standards; only technically qualified bidders proceed to the financial bid opening stage.
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 the fulfillment of contractual obligations.