What is the pay scale for Shortlisted Candidates Selected the Interview?
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 20-08-2025. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from IIMRAIPUR Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain iimraipur.ac.in. Always cross-check notice references against primary government bulletins.
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The bidder must ensure valid registration on the GeM portal or CPPP with a valid Digital Signature Certificate (DSC) to participate in the tendering process for IIM Raipur recruitment services.
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A pre-bid clarification meeting will be conducted to address technical queries, scope ambiguities, and eligibility concerns, with all responses published as corrigenda on the portal to ensure transparency for all participants.
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Bidders must submit a two-cover bid system comprising a technical proposal detailing methodology, team expertise, and compliance documents, followed by a separate financial bid containing the price schedule.
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Upon successful technical evaluation, the financial bids (BoQ) of technically qualified bidders will be opened online, and the L1 bidder will be identified based on the lowest evaluated price.
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Following the financial evaluation and internal approval, the IIM Raipur Authority will issue a formal Letter of Award (LoA) to the successful bidder, initiating the contract signing and mobilization process.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Shortlisted Candidates Selected the Interview 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 three similar recruitment or interview management projects for Central Government or Autonomous 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
In accordance with Rule 170 of GFR 2017 and the Public Procurement Policy for MSEs, eligible MSMEs and Startups are exempted from EMD submission upon submission of valid Udyam registration certificates.
The contract valuation for the recruitment support services at IIM Raipur must be determined based on market benchmarks for professional services. Per GFR 2017 guidelines, an Earnest Money Deposit (EMD) of 2% of the estimated value is mandatory to ensure bid seriousness, though MSMEs may be exempted under Rule 170. A Performance Bank Guarantee (PBG) ranging from 3% to 5% of the total contract value is required from the successful bidder to ensure faithful execution. Tender document fees are generally waived on GeM, but if offline, they must be non-refundable. The contract will incorporate a stringent Liquidated Damages (LD) clause, stipulating a deduction of 0.5% of the contract value per week of delay, capped at a maximum of 10% of the total contract value, ensuring timely delivery of interview coordination services while protecting the financial interests of the Institute.
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 at Raipur. Billing will be milestone-based, linked to the successful completion of interview cycles. A Defect Liability Period (DLP) of six months will apply to the quality of documentation and candidate data management. Furthermore, an Integrity Pact may be mandated for high-value contracts to ensure transparency, anti-corruption compliance, and ethical conduct throughout the procurement lifecycle, safeguarding the institutional integrity of IIM Raipur.
Procurement & Bidding FAQs — Shortlisted Candidates Selected the
Are Joint Ventures permitted to participate in this tender?
Unless explicitly stated in the Tender Document, Joint Ventures are generally discouraged to ensure individual accountability, though sub-contracting specific non-core tasks may be permitted with prior written approval.
What is the acceptable format for the EMD Bank Guarantee?
The EMD Bank Guarantee must be issued by a scheduled commercial bank in India, strictly following the format provided in the tender document, and must remain valid for 45 days beyond the final bid validity.
What is the standard bid validity period for this procurement?
The standard bid validity period is 90 days from the date of technical bid opening, during which the bidder cannot withdraw or alter the submitted proposal.
Does the contract include a Price Variation Clause (PVC)?
No, this is a fixed-price contract. Bidders are expected to account for all potential escalations in labor or operational costs within their quoted rates for the entire duration of the contract.
How are technical evaluation marks assigned?
Technical evaluation is based on a Quality and Cost Based Selection (QCBS) or Least Cost Selection (LCS) model, where bidders are scored on past experience, team qualifications, and technical presentation.
Is there a mandatory site visit required before bidding?
While not always mandatory, a site visit is highly recommended to understand the infrastructure and logistical requirements of the IIM Raipur campus for conducting interviews.