What is the pay scale for List of Shortlisted Candidates Interview the J?
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 20-12-2021. 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.
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Bidders must register on the GeM portal using a valid Digital Signature Certificate (DSC) to obtain system credentials and access the tender documents for the IIFM Authority recruitment project.
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A pre-bid clarification meeting will be convened to address technical queries, scope of work ambiguities, and eligibility criteria, with all amendments issued as corrigenda on the official procurement portal.
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Bidders shall submit a two-cover bid comprising a technical proposal detailing methodology, panel expertise, and compliance documents, alongside a separate financial BoQ file strictly adhering to the specified format.
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Following the technical evaluation, the financial bids of only the technically qualified bidders will be opened on the GeM portal to determine the L1 bidder based on the lowest quote.
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The IIFM Authority will issue a formal Letter of Award (LoA) to the successful bidder, stipulating the timeline for contract signing and the submission of the required Performance Bank Guarantee.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in List of Shortlisted Candidates Interview the J 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 executing at least one similar recruitment or interview management project for a government or autonomous institution in the last five years.
Statutory Benchmark
Mandatory submission of valid GSTIN, PAN, EPF registration, ESI registration, and a valid Labor License under the Contract Labour (Regulation and Abolition) Act is required for technical qualification.
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 contract valuation for the recruitment services at IIFM Authority must be determined based on the estimated volume of candidates and interview panels. In accordance with GFR 2017, an Earnest Money Deposit (EMD) of 2 percent of the estimated value is mandatory to ensure bidder seriousness, unless exempted under Rule 170 for MSMEs. A Performance Bank Guarantee (PBG) ranging from 3 to 5 percent of the total contract value is required from the successful bidder to secure performance obligations. Tender document fees are generally waived on the GeM portal to promote transparency. Liquidated Damages (LD) are strictly enforced at 0.5 percent per week of delay, capped at 10 percent of the total contract value, to mitigate risks of service delivery failure. Financial bids must be submitted via the BoQ template, ensuring all statutory taxes are clearly delineated to avoid ambiguity during the evaluation process.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Financial Rules (GFR) 2017. Any disputes arising shall be settled through arbitration under the Indian Arbitration and Conciliation Act, 1996, with the venue in Bhopal. Payments will be processed based on milestone completion verified by the IIFM Authority. A Defect Liability Period (DLP) of six months applies to ensure the accuracy of candidate data and interview records. An Integrity Pact is mandatory for high-value contracts to ensure transparency and prevent corrupt practices. All services must comply with the prevailing labor laws and statutory obligations throughout the tenure of the agreement.
Procurement & Bidding FAQs — List of Shortlisted Candidates Inte
Are Joint Ventures (JV) permitted to participate in this tender?
Unless explicitly stated in the tender document, JVs are generally discouraged; however, if permitted, all partners must meet the cumulative technical and financial eligibility criteria.
What is the prescribed format for the EMD Bank Guarantee?
The EMD Bank Guarantee must be issued by a scheduled commercial bank in the format provided in the tender document, valid for at least 45 days beyond the final 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, during which the bidder cannot withdraw or modify their offer.
Is there a price variation clause applicable to this contract?
No, this is a fixed-price contract. Bidders are expected to account for all potential cost escalations, including statutory wage revisions, within their quoted rates.
How are technical evaluation marks assigned?
Technical evaluation is based on a Quality and Cost Based Selection (QCBS) or Least Cost Selection (LCS) method, where bidders are scored on past experience, panel qualifications, and methodology.
Can an MSME claim exemption from the Performance Bank Guarantee?
No, while MSMEs are exempt from EMD under Rule 170, they are generally required to submit the Performance Bank Guarantee to ensure contract performance.