What is the pay scale for List of the Shortlisted Candidates the Interview?
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 20-06-2025. 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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Vendors must register on the GeM portal with a valid Digital Signature Certificate (DSC) and verify organizational credentials to obtain the necessary procurement tokens for participating in IIFM tenders.
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A mandatory pre-bid clarification meeting will be conducted to address technical queries, scope ambiguities, and eligibility concerns, ensuring all prospective bidders have a uniform understanding of the requirements.
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Bidders must submit a two-cover bid comprising a technical proposal detailing methodology and credentials, and a separate financial BoQ, ensuring no price information is disclosed within the technical cover.
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Post-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 evaluated price.
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Upon successful financial evaluation and approval by the competent authority, a formal Letter of Award (LoA) will be issued to the successful bidder, initiating the contract execution phase.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in List of the Shortlisted Candidates the Interview 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 provide proof of successful execution of at least two similar recruitment or administrative support projects for government entities 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.
Statutory Benchmark
MSMEs and Startups are eligible for relaxation in prior turnover and experience criteria as per Rule 170 of GFR 2017 and the Public Procurement Policy, subject to submission of valid Udyam certificates.
The procurement for the list of shortlisted candidates for the interview by IIFM Authority requires a robust commercial framework aligned with GFR 2017. Given the nature of the service, the contract valuation must be determined based on market benchmarks for professional recruitment support. An EMD of 2% of the estimated value is mandatory to ensure bid earnestness, though MSMEs are exempted per Rule 170. A Performance Bank Guarantee (PBG) of 3-5% of the contract value is essential to secure performance obligations. Tender document fees are generally waived on GeM, promoting transparency. The inclusion of a Liquidated Damages (LD) clause, capped at 0.5% per week of delay up to a maximum of 10% of the total contract value, serves as a critical financial deterrent against service delivery slippages. These parameters ensure fiscal discipline and protect the procuring entity against potential non-performance or delays in the recruitment process.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Financial Rules (GFR) 2017. All disputes arising shall be settled through arbitration under the Indian Arbitration and Conciliation Act, 1996, with the venue at the IIFM jurisdiction. Payments shall be released based on defined milestones upon successful verification of deliverables. A Defect Liability Period (DLP) of six months applies to ensure the accuracy of the shortlisted candidate data. Furthermore, an Integrity Pact may be mandated for high-value contracts to ensure transparency, ethical conduct, and the prevention of corrupt practices throughout the procurement lifecycle and subsequent service delivery period.
Procurement & Bidding FAQs — List of the Shortlisted Candidates
Are Joint Ventures permitted to participate in this tender?
Joint Ventures are generally not permitted unless explicitly specified in the tender document to ensure individual accountability of the service provider.
What is the prescribed format for the EMD Bank Guarantee?
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 period.
What is the standard bid validity period for IIFM tenders?
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.
Does the contract include a Price Variation Clause?
No, the contract is based on a fixed-price model. Bidders are expected to account for all statutory taxes and operational costs in their quoted rates.
How are technical evaluation marks calculated?
Technical evaluation is based on a pass-fail criteria against the defined eligibility standards; only those meeting all mandatory requirements proceed to the financial bid stage.
Is there a preference for local suppliers?
Yes, preference is given to Class-I local suppliers in accordance with the Public Procurement (Preference to Make in India) Order, 2017.