Iimb Director Recruitment
Official recruitment notice issued by Iimb for the post of Director. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
Ph.D / Doctorate, M.Tech / M.E, B.Tech / B.E (Engineering), MBBS / Medical Degree, Post Graduate (Master's Degree), Graduate (Bachelor's Degree). Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
Physical Endurance Test (PET/PST) -> Personal Interview.
Frequently Asked Questions
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Government Post / | 1 | Rs. 7716 | 2020-10-05 |
| Director | 1 | Rs. 7716 | 2025-12-23 |
| Director | 1 | Rs. 123,100 - 144,20 | 2026-09-30 |
| Director | 1 | Rs. 7716 | 2026-08-14 |
e-Procurement Bidding Roadmap & Portal Workflow
The procuring entity initiates the process by publishing the tender on the CPPP portal or GeM, requiring bidders to possess valid Digital Signature Certificates for secure token-based authentication and registration.
A pre-bid meeting is conducted to address technical queries and scope clarifications from prospective bidders, ensuring transparency and alignment with IIMB requirements before the final bid submission deadline.
Bidders submit a two-cover system consisting of a technical bid containing credentials and a separate commercial bid, ensuring that technical evaluation precedes the opening of financial documents for integrity.
The technical committee evaluates proposals based on pre-defined scoring matrices, followed by the opening of the commercial BoQ for technically qualified bidders to determine the lowest responsive financial offer.
Upon successful financial evaluation and approval by the competent authority, a formal Letter of Award is issued to the L1 bidder, initiating the contract signing and project commencement process.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Iimb Director Recruitment 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% 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 executive search or leadership recruitment projects for premier educational institutions or central autonomous bodies in the last five years. |
| Statutory Benchmark | The firm must possess valid statutory registrations including GSTIN, PAN, EPF, ESI, and a valid Labor License, ensuring full compliance with Indian labor laws and tax regulations throughout the contract. |
| Statutory Benchmark | MSMEs and Startups are eligible for relaxation in prior experience and turnover criteria under Rule 170 of GFR 2017 and the Public Procurement Policy, provided they submit valid Udyam registration. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for IIMB Director recruitment services requires a robust financial framework aligned with GFR 2017. The estimated contract value must be derived from market benchmarking for executive search firms. 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 essential to safeguard institutional interests during the engagement period. Tender document fees are generally waived on GeM, but if offline, they remain non-refundable. The Liquidated Damages (LD) clause is strictly set at 0.5% of the contract value per week of delay, capped at 10%, ensuring timely delivery of the recruitment mandate. This structure balances financial risk mitigation with the need for high-quality professional service acquisition, ensuring compliance with standard public procurement financial norms.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the Indian Arbitration and Conciliation Act, 1996, with disputes settled in Bengaluru. Payments are structured on milestone-based deliverables, such as candidate shortlisting and final appointment. A Defect Liability Period (DLP) applies to the recruitment quality, ensuring candidate retention for a specified duration. An Integrity Pact is mandatory for high-value contracts to ensure transparency and prevent corrupt practices. All service delivery must adhere to the General Conditions of Contract (GCC), ensuring that the service provider maintains professional standards and confidentiality throughout the tenure of the recruitment assignment for IIMB.
Procurement & Bidding FAQs — Iimb Director Recruitment
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Joint Ventures are generally discouraged for professional service contracts unless explicitly specified in the tender document to ensure individual accountability of the lead firm.
The EMD Bank Guarantee must be submitted in the standard format provided in the tender annexure, issued by a scheduled commercial bank, and valid for 45 days beyond the bid validity.
The bid validity period is typically 180 days from the date of technical bid opening, during which the bidder cannot withdraw or modify their offer.
No, this is a fixed-price contract. Bidders are expected to account for all operational costs, taxes, and inflation within their quoted rates for the duration of the project.
Technical evaluation is based on a weighted scoring system covering firm experience, consultant expertise, methodology, and past performance, with a minimum qualifying threshold of 70%.
No, an MSME must provide a valid Udyam Registration Certificate specifically covering the service category mentioned in the tender to claim EMD exemption under GFR 2017.