Iimraipur Director Recruitment
Official recruitment notice issued by Iimraipur 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, B.Tech / B.E (Engineering), MBBS / Medical Degree, CA / ICWA / CS, MBA / PGDM, Post Graduate (Master's Degree), Graduate (Bachelor's Degree), 10th / Matriculation (High School). Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
Physical Endurance Test (PET/PST).
Frequently Asked Questions
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Indian Institute of Management Raipur | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Director | 1 | Rs. 123,100 - 144,20 | 2022-12-21 |
| Director | 1 | Rs. 123,100 - 144,20 | 2022-12-21 |
| Director | 1 | Rs. 123,100 - 144,20 | 2022-12-21 |
| Procurement Scope | Est. Value | EMD Amount | Closing Date |
|---|---|---|---|
| Tender Notice - Iimraipur (Tender: General Go | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
| Tender Notice - Iimraipur (Tender: General Go | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
e-Procurement Bidding Roadmap & Portal Workflow
The agency must register on the GeM portal using a valid Digital Signature Certificate (DSC) and obtain necessary authentication tokens to access the IIM Raipur tender dashboard for document submission.
A pre-bid meeting will be conducted to address technical queries and scope clarifications, ensuring all prospective bidders have a uniform understanding of the Director recruitment requirements and selection criteria.
Bidders must submit a two-cover system comprising a technical proposal detailing search methodology and a separate financial BoQ, ensuring no price information is disclosed within the technical cover documents.
Upon successful technical evaluation, the financial bids of qualified agencies will be opened on the GeM portal to determine the lowest responsive bidder based on the quoted service charges.
The successful bidder will be issued a formal Letter of Award (LoA) by IIM Raipur, contingent upon the submission of the required Performance Bank Guarantee and signing the contract agreement.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Iimraipur 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 percent of the estimated contract value during the last three consecutive financial years, supported by audited balance sheets. |
| Statutory Benchmark | The agency must provide proof of executing at least three similar executive search projects for premier academic institutions or central government autonomous bodies within the last five years. |
| Statutory Benchmark | Mandatory submission of valid GSTIN, PAN, EPF, ESI registrations, and a valid Labor License is required to ensure full statutory compliance under Indian labor and tax laws. |
| Statutory Benchmark | MSME and DPIIT-recognized startups are eligible for exemption from EMD and prior turnover criteria under Rule 170 of GFR 2017, subject to submission of valid Udyam or DIPP certificates. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for the Director Recruitment services at IIM Raipur necessitates a rigorous financial framework aligned with GFR 2017. The contract valuation must be derived from market benchmarking for executive search firms. An Earnest Money Deposit (EMD) of 2 percent of the estimated value is mandatory to ensure bidder seriousness, while a Performance Bank Guarantee (PBG) of 3 to 5 percent serves as security against non-performance. Tender document fees are generally waived on the GeM portal to encourage competition. The Liquidated Damages (LD) clause is 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 accountability and protect the Institute against potential service lapses during the critical leadership acquisition process, ensuring that the selected agency adheres to the stipulated timelines and quality standards throughout the engagement period.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the Indian Arbitration and Conciliation Act, 1996, with disputes settled in Raipur jurisdiction. Billing will follow a milestone-based approach, linked to the successful shortlisting and final appointment of the Director. A Defect Liability Period (DLP) of six months post-appointment applies to ensure candidate retention and background verification accuracy. An Integrity Pact is mandatory for high-value contracts to ensure transparency and prevent corrupt practices. All financial transactions and service deliverables must strictly adhere to the General Financial Rules (GFR) 2017 to maintain audit readiness and institutional integrity throughout the recruitment lifecycle.
Procurement & Bidding FAQs — Iimraipur Director Recruitment
Joint Ventures are generally not permitted unless explicitly stated in the tender document to ensure accountability of a single lead agency.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in the standard format prescribed by IIM Raipur and remain valid for 45 days beyond the bid validity.
The bid validity period is typically 180 days from the date of opening the technical bid, during which the bidder cannot withdraw their offer.
No, this is a fixed-price contract; no price variation or escalation is permitted during the currency of the agreement.
Technical evaluation is based on a Quality and Cost Based Selection (QCBS) model, where bidders must score a minimum threshold to qualify for the financial opening.
No, while MSMEs are exempt from EMD, they are generally required to submit the Performance Bank Guarantee to ensure contract performance.