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 2026-09-30. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from IIITB Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain iiitb.ac.in. Always cross-check notice references against primary government bulletins.
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Vendors must register on the GeM portal or CPPP using a valid Digital Signature Certificate (DSC) to obtain system tokens, ensuring authentication for all subsequent digital bid submissions and portal interactions.
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A pre-bid meeting will be conducted to address technical queries and scope clarifications, with all amendments issued as corrigenda to ensure transparency and a level playing field for all prospective bidders.
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Bidders must submit a two-cover system comprising a technical bid with credentials and a separate financial bid, ensuring no price information is disclosed within the technical documentation to maintain evaluation integrity.
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Upon successful technical qualification, the financial bids (BoQ) of eligible participants will be opened online, and the L1 bidder will be identified based on the lowest evaluated price for the project.
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The IIITB Authority will issue a formal Letter of Award (LoA) to the successful bidder, initiating the contract signing process and the subsequent submission of the Performance Bank Guarantee by the vendor.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Bharat Tulip 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 financial 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
Bidders must provide proof of successfully executing similar nature of work orders in the last five years, specifically demonstrating experience in projects of comparable complexity and scale to Bharat Tulip.
Statutory Benchmark
Mandatory submission of valid GSTIN, PAN, EPF registration, ESI registration, and a valid Labor License is required to ensure full statutory compliance with Indian labor and tax laws.
Statutory Benchmark
In accordance with Rule 170 of GFR 2017 and the Public Procurement Policy for MSEs, registered MSMEs and Startups are exempted from EMD requirements upon submission of valid Udyam or DPIIT certificates.
The Bharat Tulip project procurement requires a rigorous financial framework aligned with GFR 2017. The estimated contract value must be derived from a realistic market survey. An Earnest Money Deposit (EMD) of 2 percent is mandatory to ensure bidder seriousness, though MSMEs are exempted under Rule 170. A Performance Bank Guarantee (PBG) ranging from 3 to 5 percent of the contract value is required post-award to secure performance. Tender document fees are generally waived on GeM, but if offline, must be non-refundable. Liquidated Damages (LD) are strictly capped at 0.5 percent per week of delay, with a maximum ceiling of 10 percent of the total contract value. These parameters ensure financial accountability, mitigate risk for IIITB Authority, and ensure that only financially stable vendors participate, thereby safeguarding public funds while maintaining project timelines and quality standards throughout the lifecycle of the Bharat Tulip initiative.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Financial Rules (GFR) 2017. Dispute resolution will be strictly handled through the Indian Arbitration and Conciliation Act, 1996, with the venue in Bangalore. Payments will be released based on verified project milestones. A Defect Liability Period (DLP) of 12 months post-completion is mandatory to ensure quality workmanship. For high-value contracts, an Integrity Pact must be signed to prevent corruption and ensure transparency. All contractors must adhere to safety and environmental standards, with failure to comply resulting in immediate contract termination or forfeiture of the Performance Bank Guarantee.
Procurement & Bidding FAQs — Bharat Tulip
Are Joint Ventures permitted to bid for the Bharat Tulip project?
Joint Ventures are permitted only if explicitly stated in the tender document, provided they meet the cumulative technical and financial eligibility criteria.
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 in India.
What is the standard bid validity period for this procurement?
The bid validity period is typically 180 days from the date of technical bid opening, during which the bidder cannot withdraw their offer.
Does the contract include a Price Variation Clause (PVC)?
Generally, fixed-price contracts are preferred; however, for long-term projects, a PVC may be included based on specific indices like WPI or CPI.
How are technical evaluation marks calculated?
Technical evaluation is based on a Quality and Cost Based Selection (QCBS) or Least Cost System (LCS) method as defined in the tender's evaluation matrix.
Is the performance security refundable?
Yes, the Performance Bank Guarantee is refundable without interest after the successful completion of the contract and the expiry of the Defect Liability Period.