Iimranchi Graduate Degree or PhD in Management Recruitment
Official recruitment notice issued by Iimranchi for the post of Graduate Degree or PhD in Management. 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, MBA / PGDM, 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 |
|---|---|---|---|
| Junior Administrative Assistant / Executive | 20 | Level-10 (Rs. 56,100 | 2026-08-14 |
| Junior Administrative Assistant / Executive | 1 | Rs. 15,000 | 2026-08-14 |
| Junior Administrative Assistant / Executive | 20 | Rs. 1,59,10 | 2026-08-14 |
| Junior Administrative Assistant / Executive | 2026 | Rs. 1,59,10 | 2026-09-30 |
e-Procurement Bidding Roadmap & Portal Workflow
Register the entity on the GeM portal or CPPP using a valid Digital Signature Certificate (DSC) to obtain necessary authentication tokens for secure participation in the IIM Ranchi recruitment tender.
Participate in the pre-bid clarification meeting to address technical queries, scope ambiguities, or eligibility concerns, ensuring all prospective bidders have a uniform understanding of the recruitment requirements and deliverables.
Submit the two-cover bid comprising the technical proposal, including credentials and methodology, and the financial BoQ, ensuring all documents are digitally signed and uploaded before the specified deadline.
Conduct the commercial BoQ financial opening for technically qualified bidders only, ensuring transparency in price comparison and adherence to the L1 selection criteria as per GFR 2017 guidelines.
Issue the formal Letter of Award (LoA) to the successful bidder upon successful verification of credentials and submission of the required Performance Bank Guarantee within the stipulated timeframe.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Iimranchi Graduate Degree or PhD in Management 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 recruitment or academic staffing projects for reputed educational institutions or government bodies in the last five years. |
| Statutory Benchmark | The bidder must possess valid statutory registrations including GSTIN, PAN, EPF, ESI, and a valid Labor License as mandated under the Contract Labour (Regulation and Abolition) Act. |
| Statutory Benchmark | MSME and Startups are eligible for relaxation in prior experience and turnover criteria as per Rule 170 of GFR 2017 and the Public Procurement Policy for Micro and Small Enterprises. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for recruitment services at IIM Ranchi requires a robust financial framework aligned with GFR 2017. The contract valuation must be estimated based on market benchmarks for academic talent acquisition. 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) ranging from 3% to 5% of the contract value is required from the successful bidder to ensure service delivery standards. Tender document fees are generally waived on GeM, but if offline, they remain non-refundable. Liquidated Damages (LD) are strictly capped at 0.5% per week of delay, with a maximum ceiling of 10% of the total contract value. These parameters ensure financial discipline, mitigate risks of non-performance, and protect the institute's interests throughout the engagement period, ensuring compliance with standard public procurement financial protocols.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall strictly adhere to the General Conditions of Contract (GCC) of IIM Ranchi. All disputes arising shall be settled through arbitration under the Indian Arbitration and Conciliation Act, 1996, with the venue at Ranchi. Payments will be processed based on milestone-based deliverables verified by the committee. A Defect Liability Period (DLP) of six months will apply to recruitment quality. An Integrity Pact is mandatory for high-value contracts to ensure transparency and prevent corrupt practices. The contractor must maintain strict confidentiality and adhere to all statutory labor laws, ensuring full compliance with the terms stipulated in the final agreement.
Procurement & Bidding FAQs — Iimranchi Graduate Degree or PhD in
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Joint Ventures are generally not permitted unless explicitly stated in the tender document to ensure individual accountability and service quality.
The EMD Bank Guarantee must be submitted in the standard format provided in the tender document, issued by a scheduled commercial bank, and valid for 45 days beyond the bid validity.
The standard bid validity period is 180 days from the date of technical bid opening, during which the bidder cannot withdraw or alter their offer.
No, the contract is based on a fixed-price model; no price variation or escalation is permitted during the currency of the contract.
Technical evaluation is based on a scoring matrix covering past experience, team expertise, and methodology, with a minimum qualifying threshold of 70% marks.
No, while MSMEs may be exempted from EMD, they are generally required to submit the Performance Bank Guarantee to ensure contract performance.