What is the pay scale for Shortlisted Candidates Interview the Post of J?
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 20-04-2026. 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.
Explore verified public authorities and related career tracks across the national network:
Register the entity on the GeM portal or CPPP using a valid Digital Signature Certificate (DSC) to ensure authentication and compliance with the Public Procurement Policy for the IIMB Authority.
2
Participate in the mandatory pre-bid clarification meeting to resolve technical queries regarding the interview scope, candidate volume, and logistical requirements, ensuring all bidders have a uniform understanding of expectations.
3
Submit the two-cover bid consisting of a technical proposal detailing the methodology and a separate financial BoQ, ensuring all documents are uploaded before the stipulated deadline to avoid disqualification.
4
Attend the commercial BoQ financial opening session where the L1 bidder is identified based on the lowest evaluated price, subject to meeting all technical pre-qualification standards and compliance requirements.
5
Receive the formal Letter of Award (LoA) from the IIMB Authority, followed by the submission of the Performance Bank Guarantee and the signing of the formal service level agreement.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Shortlisted Candidates Interview the Post of J 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 at least three similar recruitment or interview management projects for reputed academic or government institutions within the last five years.
Statutory Benchmark
The bidder must possess valid statutory registrations including GSTIN, PAN, EPF, ESI, and a valid Labor License under the Contract Labour (Regulation and Abolition) Act, 1970.
Statutory Benchmark
MSMEs and Startups are eligible for relaxation in prior turnover and experience criteria as per Rule 170 of GFR 2017, provided they submit valid Udyam or DPIIT certification.
The contract valuation for the recruitment process must be estimated based on the volume of candidates and logistical overheads. Per GFR 2017, an EMD of 2 percent 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 to 5 percent of the contract value is required from the successful bidder to ensure service delivery standards. Tender document fees are generally waived on GeM, but if offline, they must be non-refundable. The Liquidated Damages (LD) clause is strictly enforced at 0.5 percent of the contract value per week of delay, capped at 10 percent of the total contract value. This structure ensures financial accountability and protects IIMB Authority against potential service lapses during the interview coordination process.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the Indian Arbitration and Conciliation Act, 1996, with disputes settled through sole arbitration in Bangalore. Payments are structured on a milestone basis linked to the successful completion of interview phases. A Defect Liability Period (DLP) of six months applies to ensure the accuracy of candidate data and documentation. Furthermore, the bidder must adhere to the Integrity Pact, ensuring transparency and ethical conduct throughout the engagement. Any deviation from the agreed service levels will trigger the LD clause, and the IIMB Authority reserves the right to terminate the contract for material breach.
Are Joint Ventures permitted to bid for this recruitment project?
Joint Ventures are generally not permitted unless explicitly stated 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 issued by a scheduled commercial bank in the format provided in the tender document, valid for 45 days beyond the final bid validity.
What is the standard bid validity period for this tender?
The standard bid validity period is 180 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; no escalation in rates is permitted during the currency of the contract regardless of market fluctuations.
How are technical evaluation marks calculated?
Technical evaluation is based on a weighted scoring matrix covering past experience, team expertise, and methodology, with a minimum qualifying threshold of 70 percent.
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 to ensure the fulfillment of contractual obligations.