What is the pay scale for 2nd List of Undelivered Cheques Which Were Issued?
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 20-03-2026. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from IIMROHTAK Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain iimrohtak.ac.in. Always cross-check notice references against primary government bulletins.
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Bidders must obtain a valid Class-III Digital Signature Certificate and complete mandatory registration on the GeM portal or CPPP to participate in the IIM Rohtak tendering process.
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A pre-bid clarification meeting will be conducted to address technical queries, scope ambiguities, and procedural requirements, with amendments issued via corrigendum to ensure transparency for all prospective bidders.
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Bidders must submit a two-cover system comprising a technical bid with credentials and a separate financial BoQ, ensuring no price disclosure occurs within the technical documentation phase.
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The technical evaluation committee will assess submissions against pre-qualification criteria, followed by the electronic opening of financial BoQs for only those bidders who qualify technically.
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Upon successful financial evaluation, the IIM Rohtak Authority will issue a formal Letter of Award (LoA) to the L1 bidder, initiating the contract signing and PBG submission process.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in 2nd List of Undelivered Cheques Which Were Issued 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 one similar financial reconciliation or audit project for a Central/State Government entity or an Institute of National Importance.
Statutory Benchmark
Mandatory submission of valid GSTIN, PAN, EPF registration, ESI registration, and a valid Labor License is required to ensure full statutory compliance with Indian labor and tax laws.
Statutory Benchmark
In accordance with Rule 170 of GFR 2017 and the Public Procurement Policy, MSMEs and DPIIT-recognized startups are eligible for EMD exemption upon submission of valid Udyam or Startup registration certificates.
The procurement for the reconciliation and management of undelivered cheques involves specialized financial auditing services. Given the sensitive nature of financial instruments, the contract valuation must be estimated based on the volume of records. Per GFR 2017, an EMD of 2 percent of the estimated value is mandatory to ensure bidder seriousness, though MSMEs may be exempted under Rule 170. A Performance Bank Guarantee (PBG) of 3 to 5 percent of the contract value is required from the successful bidder to ensure faithful execution. The tender document fee is kept nominal to encourage competitive participation. Liquidated Damages (LD) are strictly capped at 0.5 percent per week of delay, subject to a maximum ceiling of 10 percent of the total contract value. These parameters ensure financial accountability and protect the IIM Rohtak Authority against potential service delivery failures or professional negligence during the reconciliation process.
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 fixed at Rohtak. Milestone-based billing will be implemented, linked to the successful verification and reporting of undelivered cheques. A Defect Liability Period (DLP) of six months applies to the accuracy of the reconciliation report. Furthermore, an Integrity Pact may be invoked for high-value contracts to ensure transparency, anti-corruption measures, and adherence to ethical procurement standards throughout the project lifecycle, ensuring the IIM Rohtak Authority maintains institutional integrity.
Procurement & Bidding FAQs — 2nd List of Undelivered Cheques Whi
Are Joint Ventures (JV) permitted to bid for this tender?
No, JVs are not permitted; the bidder must be a single legal entity to ensure clear accountability for financial data handling.
What is the required format for the EMD Bank Guarantee?
The EMD must be submitted in the format prescribed in the tender document, issued by a scheduled commercial bank, and valid for 45 days beyond the final bid validity.
What is the standard bid validity period for this procurement?
The bid must remain valid for a period of 180 days from the date of technical bid opening to allow for thorough evaluation.
Does the contract include a Price Variation Clause (PVC)?
No, this is a fixed-price contract; bidders are expected to factor in all operational costs, including statutory taxes and overheads, at the time of submission.
How are technical evaluation marks assigned?
Technical evaluation is based on a pass-fail criteria against the defined eligibility standards rather than a weighted scoring system.
Is there a requirement for an Integrity Pact?
Yes, for contracts exceeding the threshold defined by the CVC, an Integrity Pact must be signed by the bidder to ensure ethical conduct.