What is the pay scale for Four Fishery Demonstrator Pe Group C?
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.
Explore verified public authorities and related career tracks across the national network:
Register the entity on the GeM portal or CPPP using a valid Class III Digital Signature Certificate to obtain necessary procurement tokens for participating in the IIMB tender process.
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Attend the mandatory pre-bid clarification meeting to seek technical specifications, scope clarifications, and address potential ambiguities in the tender document to ensure full compliance before the final bid submission.
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Submit the two-cover bid comprising the Technical Bid, including all eligibility documents and EMD, and the Commercial Bid, ensuring all technical parameters are met without disclosing financial figures prematurely.
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Participate in the commercial BoQ financial opening process where the system evaluates the lowest responsive bidder based on the quoted rates, ensuring compliance with the IIMB Authority financial guidelines.
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Receive the formal Letter of Award (LoA) upon successful evaluation, followed by the signing of the contract agreement and submission of the required Performance Bank Guarantee within the stipulated timeline.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Four Fishery Demonstrator Pe Group C 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 execution of at least one similar project of comparable nature and scale within the last five years to ensure technical competency.
Statutory Benchmark
Mandatory submission of valid GSTIN, PAN, EPF registration, ESI registration, and a valid Labor License as per the Contract Labour (Regulation and Abolition) Act to ensure statutory compliance.
Statutory Benchmark
MSME units and recognized Startups are eligible for exemption from EMD and prior experience/turnover criteria under Rule 170 of GFR 2017 and the Public Procurement Policy for MSEs.
The procurement for Four Fishery Demonstrator Pe Group C by IIMB Authority necessitates a robust financial framework aligned with GFR 2017. The contract valuation must be determined via a detailed market survey to ensure competitive pricing. An Earnest Money Deposit (EMD) of 2% of the estimated value is mandatory to ensure bidder seriousness, though MSME/Startups are exempt under Rule 170. A Performance Bank Guarantee (PBG) ranging from 3% to 5% of the contract value is required to secure performance obligations. Tender document fees are generally waived on GeM, but if offline, must be non-refundable. 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 accountability, risk mitigation, and adherence to public procurement transparency standards while protecting the interests of the procuring entity against potential project slippages.
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 the Indian Arbitration and Conciliation Act, 1996, with the venue in Bangalore. Payments will be processed based on verified milestone achievements. A Defect Liability Period (DLP) of 12 months post-commissioning is mandatory to ensure quality maintenance. Furthermore, an Integrity Pact must be signed for high-value contracts to ensure transparency and prevent corrupt practices. All works must adhere to the safety and labor standards stipulated by the IIMB Authority, ensuring full compliance with national procurement regulations and ethical business conduct throughout the project lifecycle.
Procurement & Bidding FAQs — Four Fishery Demonstrator Pe Group
Are Joint Ventures permitted for this procurement?
Joint Ventures are generally not permitted unless explicitly stated in the tender document to ensure single-point accountability for the Fishery Demonstrator project.
What is the required 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 bid validity.
What is the standard bid validity period?
The standard bid validity period is 90 to 180 days from the date of technical bid opening, as specified in the tender document.
Is there a price variation clause applicable?
Price variation clauses are typically not applicable for fixed-price contracts unless the project duration exceeds 18 months, subject to specific index-based adjustments.
How are technical evaluation marks calculated?
Technical evaluation is based on a pass/fail criteria against the defined eligibility standards rather than a scoring system, unless a Quality and Cost Based Selection (QCBS) is specified.
Can a bidder withdraw their bid after submission?
A bidder may withdraw their bid before the deadline for submission; however, withdrawal after the deadline may result in the forfeiture of the EMD.