What is the pay scale for IIMB Cadre Recruitment Notification?
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 20-11-2025. 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 Digital Signature Certificate (DSC) and register on the GeM portal or CPPP to generate unique tokens for secure participation in the IIMB recruitment tender process.
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A pre-bid clarification meeting will be conducted to address technical queries, scope ambiguities, and eligibility concerns, with all amendments issued as formal corrigenda to ensure transparency for all prospective bidders.
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The two-cover system requires bidders to upload comprehensive technical documentation, including credentials and compliance certificates, in the first cover, ensuring no financial details are disclosed at this preliminary evaluation stage.
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Upon successful technical qualification, the commercial BoQ (Bill of Quantities) will be opened online, allowing the IIMB procurement committee to evaluate the lowest responsive bidder (L1) based on total cost.
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Following the financial evaluation and internal approval, the IIMB Authority will issue a formal Letter of Award (LoA) to the successful bidder, initiating the contract execution and performance security submission.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in IIMB Cadre Recruitment Notification 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 have successfully executed at least three similar recruitment or human resource management projects for central government or autonomous educational 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
In accordance with Rule 170 of GFR 2017 and the Public Procurement Policy for MSEs, registered MSMEs and Startups are exempted from EMD submission upon furnishing valid Udyam or DPIIT registration certificates.
The contract valuation for the IIMB Cadre Recruitment Notification must be derived through a detailed market survey and historical cost analysis to ensure value for money. As per GFR 2017, an Earnest Money Deposit (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 to secure performance obligations post-award. Tender document fees are generally waived on GeM, but if offline, must be non-refundable. The Liquidated Damages (LD) clause is strictly capped at 0.5% of the contract value per week of delay, with a maximum ceiling of 10% of the total contract value. These parameters ensure financial discipline, mitigate procurement risks, and align with the fiscal prudence mandates of the Ministry of Finance for autonomous institutions like IIMB.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall strictly adhere to the General Conditions of Contract (GCC) of IIMB. All disputes arising shall be settled through arbitration under the Indian Arbitration and Conciliation Act, 1996, with the venue in Bengaluru. Payments will be released based on predefined milestone billing linked to successful recruitment phases. A Defect Liability Period (DLP) of six months applies to recruitment data accuracy. Furthermore, an Integrity Pact is mandatory for high-value contracts to ensure transparency, anti-corruption compliance, and ethical conduct throughout the procurement lifecycle, safeguarding the institutional interests of IIMB against fraudulent practices or collusive bidding.
Are Joint Ventures (JV) or Consortiums eligible to bid for this recruitment project?
Unless explicitly stated in the tender document, JVs are generally discouraged to ensure single-point accountability; however, sub-contracting specific non-core tasks may be permitted with prior written approval.
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, and remain valid for 45 days beyond the final bid validity.
What is the standard bid validity period for this tender?
The bid validity period is typically 180 days from the date of technical bid opening, during which the bidder cannot withdraw or alter their financial offer.
Is there a price variation clause applicable to this contract?
This is a fixed-price contract; no price variation or escalation clauses are applicable unless specifically included due to statutory changes in minimum wages or government taxes.
How are technical evaluation marks calculated?
Technical evaluation is based on a Quality and Cost Based Selection (QCBS) or Least Cost Selection (LCS) method, where bidders must score a minimum threshold to qualify for financial opening.
Can a bidder request an extension for the bid submission deadline?
Requests for extensions must be submitted in writing before the deadline; the IIMB Authority reserves the right to grant extensions based on the necessity and number of queries received.