What is the pay scale for List of Selected Candidate the Post of Junior Rese?
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 2020-01-06. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from IIFT Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain iift.ac.in. Always cross-check notice references against primary government bulletins.
Explore verified public authorities and related career tracks across the national network:
Register the IIFT Authority entity on the GeM 4.0 portal, obtain necessary digital signature certificates (DSC), and publish the tender notice with comprehensive scope of work and technical specifications.
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Conduct a pre-bid clarification meeting to address vendor queries regarding recruitment methodology, evaluation criteria, and service level agreements, ensuring transparency and competitive participation from all interested service providers.
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Initiate a two-cover bidding process where bidders submit technical credentials and financial proposals separately, ensuring that technical evaluation precedes the opening of commercial bids to maintain quality standards.
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Open the commercial BoQ for technically qualified bidders only, conducting a comparative analysis to identify the L1 bidder while ensuring the rates are reasonable and aligned with market benchmarks.
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Issue the formal Letter of Award (LoA) to the successful bidder upon successful verification of performance security and signing of the contract agreement, marking the commencement of the project.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in List of Selected Candidate the Post of Junior Rese 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 financial years, supported by audited balance sheets.
Statutory Benchmark
The bidder must have successfully executed at least three similar recruitment or research project assignments for government or autonomous institutions in the last five years.
Statutory Benchmark
Mandatory possession of valid GSTIN, PAN, EPF, ESI registrations, and a valid Labor License under the Contract Labour (Regulation and Abolition) Act, 1970, is required for compliance.
Statutory Benchmark
MSMEs and Startups recognized by DPIIT are eligible for exemption from EMD and prior turnover/experience criteria under Rule 170 of GFR 2017 and the Public Procurement Policy.
The contract valuation for the Junior Research recruitment services must be determined based on the estimated volume of candidates and administrative overheads. In accordance with GFR 2017, an Earnest Money Deposit (EMD) of 2 percent of the estimated value is mandatory to ensure bidder seriousness, though MSMEs 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 safeguard against non-performance. Tender document fees, if applicable, must be non-refundable and processed via the GeM portal. The contract shall incorporate a stringent Liquidated Damages (LD) clause, stipulating a deduction of 0.5 percent of the contract value per week of delay, capped at 10 percent of the total contract value, ensuring timely delivery of the recruitment process and candidate list finalization.
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 the Indian Arbitration and Conciliation Act, 1996, with the venue at the IIFT jurisdiction. Payments shall be released based on milestone achievements, specifically upon the submission of the verified candidate list. A Defect Liability Period (DLP) of six months applies to the accuracy of the recruitment data. Furthermore, an Integrity Pact is mandatory for high-value contracts to ensure transparency, prevent corruption, and maintain ethical standards throughout the procurement lifecycle, binding both the IIFT Authority and the service provider to strict conduct codes.
Procurement & Bidding FAQs — List of Selected Candidate the Post
Are Joint Ventures (JV) permitted to participate in this tender?
Joint Ventures are generally discouraged unless explicitly stated in the tender document; bidders are advised to check the specific eligibility clause in the NIT.
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.
What is the standard bid validity period for this procurement?
The standard bid validity period is 90 to 180 days from the date of technical bid opening, as specified in the tender document.
Does the contract include a price variation clause?
This is a fixed-price contract; price variation clauses are typically not applicable unless the contract duration exceeds 18 months and is subject to specific government indices.
How are technical evaluation marks calculated?
Technical evaluation is based on a weighted scoring system covering past experience, technical manpower expertise, and methodology, requiring a minimum qualifying score to proceed to financial opening.
Can an MSME claim exemption from the Performance Bank Guarantee?
While MSMEs are exempt from EMD, they are generally required to submit the Performance Bank Guarantee unless specific provisions for exemption are mentioned in the tender.