What is the pay scale for The Office at Giridih on Rent 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 2026-09-30. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from IIITR Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain iiitr.ac.in. Always cross-check notice references against primary government bulletins.
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Bidders must register on the GeM portal with a valid Digital Signature Certificate (DSC) to obtain a unique token, ensuring all organizational credentials are verified against the IIITR Authority requirements.
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A mandatory pre-bid clarification meeting will be conducted to address technical queries regarding the Giridih office space, ensuring all prospective bidders have a uniform understanding of the site specifications.
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Bidders must submit a two-cover system comprising the technical bid, including property ownership documents and structural safety certificates, and the commercial bid containing the financial quote in the BoQ format.
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The technical evaluation committee will scrutinize submissions for eligibility, followed by the opening of the commercial BoQ for technically qualified bidders to identify the lowest responsive bidder (L1).
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Upon successful financial evaluation and internal approval, the IIITR Authority will issue the formal Letter of Award (LoA), initiating the contractual obligations and the commencement of the lease agreement.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in The Office at Giridih on Rent 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 executing similar office leasing or facility management projects, evidenced by at least two satisfactory completion certificates or work orders from government or autonomous bodies.
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
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 procurement for office space at Giridih requires a robust valuation based on prevailing circle rates and market rental analysis. An EMD of 2 percent of the estimated value is mandatory to ensure bidder seriousness, though MSMEs may seek exemption under GFR 2017 Rule 170. A Performance Bank Guarantee (PBG) of 3 to 5 percent of the contract value is required from the successful bidder to secure performance throughout the lease term. Tender document fees are non-refundable to cover administrative costs. The contract must 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 value. This structure ensures IIITR Authority is protected against non-performance or delays in possession, maintaining fiscal discipline while adhering to the standard financial guidelines mandated for autonomous institutions under government procurement frameworks.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the Indian Arbitration and Conciliation Act, 1996, with disputes settled in Giridih jurisdiction. Milestone billing will be linked to the handover of possession and completion of fit-outs. A Defect Liability Period (DLP) of 12 months applies to all civil works performed by the lessor. Furthermore, an Integrity Pact is mandatory for high-value contracts to ensure transparency, preventing corrupt practices throughout the procurement lifecycle. The General Conditions of Contract (GCC) will strictly enforce adherence to safety standards and building codes, ensuring the office space remains compliant with institutional requirements throughout the lease duration.
Procurement & Bidding FAQs — The Office at Giridih on Rent T
Are Joint Ventures (JV) permitted to participate in this tender?
Unless explicitly stated in the Bid Document, JVs are generally discouraged; however, if allowed, all partners must meet the cumulative technical and financial eligibility criteria.
What is the acceptable 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 final bid validity.
What is the standard bid validity period for this procurement?
The bid validity period is typically 90 to 120 days from the date of opening the technical bid, during which the bidder cannot withdraw their offer.
Does the contract include a price variation clause for rent?
Standard government contracts for office space usually feature a fixed rental rate for the initial term, with a pre-defined escalation clause, typically 5 to 10 percent after three years.
How are technical evaluation marks assigned?
Technical evaluation is based on a pass-fail criteria against the defined eligibility standards rather than a scoring system, ensuring all bidders meet the minimum threshold for consideration.
Can the PBG be submitted in forms other than a Bank Guarantee?
Yes, the PBG can typically be submitted as a Fixed Deposit Receipt (FDR) or a Demand Draft pledged in favor of the IIITR Authority, as per GFR 2017.