What is the pay scale for List of Provisionally Ineligible Not Eligible Candidat?
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 IIMB Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain iimb.ac.in. Always cross-check notice references against primary government bulletins.
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Bidders must obtain a valid Class-III Digital Signature Certificate and complete vendor registration on the GeM portal or CPPP to access tender documents and participate in the electronic bidding process.
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Interested parties shall attend the mandatory pre-bid meeting to seek clarifications on technical specifications and scope of work, ensuring all queries are addressed before the final submission deadline.
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The bidder must submit a two-cover system comprising a technical bid with all supporting credentials and a separate financial bid, ensuring no price information is disclosed within the technical documentation.
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Upon successful technical evaluation, the financial bids (BoQ) of technically qualified vendors will be opened electronically, and the L1 bidder will be identified based on the lowest evaluated cost.
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The IIMB 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.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in List of Provisionally Ineligible Not Eligible Candidat 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% 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 completion of at least three similar projects of comparable scale and complexity within the last five years for reputable academic or government institutions.
Statutory Benchmark
Mandatory submission of valid GSTIN, PAN, EPF, and ESI registrations is required, alongside a valid Labor License as per the Contract Labour (Regulation and Abolition) Act, 1970.
Statutory Benchmark
In accordance with Rule 170 of GFR 2017 and the Public Procurement Policy for MSEs, eligible MSMEs and Startups are exempted from EMD submission upon furnishing a valid Udyam Registration Certificate.
The contract valuation for the IIMB Authority procurement must be determined based on a detailed market survey and estimated cost. Per GFR 2017, an EMD of 2% of the estimated value is mandatory to ensure bidder seriousness, though MSMEs may be exempted under Rule 170. A Performance Bank Guarantee (PBG) of 3-5% of the contract value is required from the successful bidder to secure performance obligations. The tender document fee is non-refundable, reflecting administrative costs. Liquidated Damages (LD) are strictly capped at 0.5% per week of delay, with a maximum ceiling of 10% of the total contract value. These parameters ensure financial discipline and protect the procuring entity against non-performance or delays, aligning with standard public procurement guidelines for high-value service contracts within the IIMB ecosystem.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Financial Rules (GFR) 2017. Any disputes arising shall be resolved through arbitration under the Indian Arbitration and Conciliation Act, 1996, with the venue in Bangalore. Payments will be processed based on milestone completion verified by the IIMB project lead. A Defect Liability Period (DLP) of 12 months is mandatory post-completion to ensure quality assurance. Furthermore, an Integrity Pact must be signed by the contractor, committing to ethical practices and transparency throughout the project lifecycle, ensuring compliance with CVC guidelines and IIMB internal procurement policies.
Procurement & Bidding FAQs — List of Provisionally Ineligible No
Are Joint Ventures allowed to participate in this tender?
Joint Ventures are generally not permitted unless explicitly stated in the tender document; bidders are advised to check the specific eligibility clauses.
What is the prescribed 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 annexures, valid for 45 days beyond the bid validity.
What is the standard bid validity period?
The bid validity period is typically 120 days from the date of opening of the technical bid, during which the rates quoted must remain firm.
Is there a price variation clause included in the contract?
No, this is a fixed-price contract; bidders are expected to account for all potential escalations in labor or material costs within 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 qualify for the financial bid opening.
Can an MSME claim exemption from the PBG requirement?
While MSMEs are exempted from EMD, they are generally required to submit the Performance Bank Guarantee as it serves as a security deposit for contract performance.