What is the pay scale for Regarding Job Posting Positions of Up Promote Pharma?
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 IIMK Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain iimk.ac.in. Always cross-check notice references against primary government bulletins.
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Bidders must ensure valid Digital Signature Certificates (DSC) and register on the GeM portal or CPPP to obtain necessary authentication tokens for secure participation in the IIMK tender process.
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A pre-bid meeting will be conducted to address technical queries and scope clarifications, ensuring all prospective bidders have a uniform understanding of the job posting requirements before submission.
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Bidders shall submit a two-cover system comprising a technical bid containing credentials and a separate financial bid, ensuring no price information is disclosed within the technical documentation package.
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Following technical evaluation, the financial bids (BoQ) of only the technically qualified bidders will be opened on the portal to determine the L1 bidder based on the lowest quote.
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Upon successful financial evaluation and internal approval, IIMK Authority will issue a formal Letter of Award (LoA) to the L1 bidder, initiating the contract execution and service commencement phase.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Regarding Job Posting Positions of Up Promote Pharma 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 job posting or recruitment service projects for government or reputed academic institutions within the last five years.
Statutory Benchmark
Mandatory submission of valid GSTIN, PAN, EPF registration, ESI registration, and a valid Labor License under the Contract Labour (Regulation and Abolition) Act is required for technical qualification.
Statutory Benchmark
Bidders registered as MSMEs or Startups are eligible for exemption from EMD and prior turnover/experience requirements as per Rule 170 of GFR 2017 and Public Procurement Policy.
The procurement for Job Posting Positions at IIMK Authority requires a meticulous financial structure aligned with GFR 2017. The estimated contract value must be derived from market benchmarking to ensure competitive bidding. An Earnest Money Deposit (EMD) of 2 percent of the estimated value is mandatory to ensure bidder seriousness, though MSMEs are exempted under Rule 170. A Performance Bank Guarantee (PBG) ranging from 3 to 5 percent of the contract value is required from the successful bidder to secure performance obligations. Tender document fees, if applicable, must be non-refundable and processed via electronic mode. Liquidated Damages (LD) are strictly capped at 0.5 percent per week of delay, with a maximum ceiling of 10 percent of the total contract value. These parameters ensure financial risk mitigation for IIMK while maintaining transparency and adherence to public procurement norms for service-oriented contracts.
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 Kozhikode. Billing will follow a milestone-based approach linked to successful job postings and recruitment deliverables. A Defect Liability Period (DLP) of six months applies to ensure service quality post-deployment. An Integrity Pact is mandatory for high-value contracts to ensure transparency and prevent corrupt practices. All services must comply with GFR 2017 guidelines, ensuring that the contractor maintains statutory compliance regarding labor welfare and tax filings throughout the tenure of the agreement with IIMK Authority.
Procurement & Bidding FAQs — Regarding Job Posting Positions of
Are Joint Ventures (JV) or Consortiums eligible to participate in this tender?
Unless explicitly stated in the Tender Document, JVs are generally discouraged to ensure direct accountability of the primary service provider.
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 bid validity.
What is the standard bid validity period for this procurement?
The bid validity period is typically 90 to 120 days from the date of technical bid opening, during which the bidder cannot withdraw their offer.
Does the contract include a Price Variation Clause (PVC)?
Generally, fixed-price contracts are preferred for service-based tenders; however, if the contract duration exceeds 24 months, a limited PVC may be considered based on statutory wage revisions.
How are technical evaluation marks assigned to bidders?
Technical evaluation follows a Quality and Cost Based Selection (QCBS) or Least Cost Selection (LCS) method, where bidders are scored on experience, methodology, and staff expertise.
Is there a requirement for an Integrity Pact for this tender?
Yes, if the estimated contract value exceeds the threshold prescribed by the CVC for the specific procuring entity, an Integrity Pact is mandatory.