Iimnagpur Director Recruitment
Official recruitment notice issued by Iimnagpur 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
Graduate / As specified in official notice. Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
1. Screening / Shortlisting of Applications, 2. Academic / Research Performance Evaluation, 3. Personal Interview & Document Verification.
Frequently Asked Questions
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Careers | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Procurement Scope | Est. Value | EMD Amount | Closing Date |
|---|---|---|---|
| Tender Notice - Iimnagpur (Tender: General Go | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
| Tender Notice - Iimnagpur (Tender: General Go | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
e-Procurement Bidding Roadmap & Portal Workflow
Register the entity on the Central Public Procurement Portal (CPPP) or GeM using a valid Class-III Digital Signature Certificate (DSC) to ensure secure authentication and authorization for the bidding process.
Participate in the mandatory pre-bid clarification meeting to address technical queries, scope of work ambiguities, and eligibility criteria, ensuring all prospective bidders have a uniform understanding of the requirements.
Submit the two-cover bid system comprising the technical proposal, including credentials and methodology, and the financial BoQ, ensuring both are uploaded separately to maintain the integrity of the evaluation process.
Conduct the commercial BoQ financial opening for technically qualified bidders only, ensuring the lowest responsive bidder (L1) is identified based on the total cost of the executive search services provided.
Issue the formal Letter of Award (LoA) to the successful bidder, followed by the signing of the contract agreement upon submission of the required Performance Bank Guarantee and statutory documentation.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Iimnagpur 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 provide proof of executing at least three similar executive search or leadership recruitment projects for premier 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, ensuring full compliance with Indian labor laws and tax regulations. |
| Statutory Benchmark | MSME and Startup entities are eligible for exemption from EMD and prior turnover requirements under Rule 170 of GFR 2017, provided they submit valid Udyam or DPIIT registration certificates. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for the IIM Nagpur Director recruitment process involves specialized executive search services. Given the high-stakes nature of the appointment, the contract valuation is determined based on professional consultancy fees. An Earnest Money Deposit (EMD) of 2% of the estimated value is mandatory to ensure bidder seriousness, as per GFR 2017 guidelines. A Performance Bank Guarantee (PBG) ranging from 3% to 5% of the total contract value must be submitted by the successful bidder to secure performance obligations. Tender document fees are typically waived under GeM/CPPP guidelines to encourage competition. The contract includes a stringent Liquidated Damages (LD) clause, stipulating a deduction of 0.5% of the contract value per week of delay, capped at 10% of the total value, ensuring strict adherence to the recruitment timeline and deliverables. Financial bids must be submitted in the BoQ format, ensuring transparency and adherence to institutional budgetary ceilings.
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 Nagpur. Payments are structured on milestone-based billing, linked to the successful completion of recruitment stages such as candidate shortlisting and final selection. A Defect Liability Period (DLP) of six months applies to the recruitment process to ensure candidate retention and service quality. An Integrity Pact is mandatory for high-value contracts to ensure transparency and prevent corrupt practices. All services must strictly adhere to the General Financial Rules (GFR) 2017 and the specific procurement policies of IIM Nagpur to maintain institutional accountability.
Procurement & Bidding FAQs — Iimnagpur Director Recruitment
Unless explicitly stated in the tender document, JVs are generally discouraged to ensure direct accountability of the primary service provider.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in the format specified in the tender document, valid for 45 days beyond the final bid validity.
The bid validity period is typically 180 days from the date of opening of the technical bids, during which the rates must remain firm.
No, this is a fixed-price contract. Bidders are expected to account for all operational costs and inflation within their quoted professional fees.
Technical evaluation is based on a weighted scoring system covering firm experience, consultant expertise, and the proposed recruitment methodology, requiring a minimum qualifying threshold.
Yes, upon the request of the successful bidder, the EMD can be converted into a part of the Performance Security deposit.