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 2026-09-30. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from IIMSAMBALPUR Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain iimsambalpur.ac.in. Always cross-check notice references against primary government bulletins.
Explore verified public authorities and related career tracks across the national network:
Register the organization on the GeM portal using a valid DSC and organizational credentials to obtain the necessary procurement token for accessing the IIM Sambalpur tender documents.
2
Attend the mandatory pre-bid clarification meeting to address technical queries, scope ambiguities, and site-specific requirements, ensuring all prospective bidders have a uniform understanding of the ICFRE HFRI project.
3
Submit the two-cover technical bid containing pre-qualification documents, technical specifications, and compliance statements, ensuring all mandatory certifications are uploaded to the portal before the specified deadline.
4
Participate in the commercial BoQ financial opening process where the system evaluates the lowest responsive bidder based on the quoted rates, ensuring compliance with the IIM Sambalpur financial guidelines.
5
Receive the formal Letter of Award (LoA) following successful technical and financial evaluation, marking the commencement of the contract period and the initiation of the performance security submission process.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Icfre Hfri 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 completion of at least one similar project of comparable scope and complexity for a government or autonomous body within the last five years.
Statutory Benchmark
The bidder must possess valid statutory registrations including GSTIN, PAN, EPF, ESI, and a valid Labor License as per the prevailing labor laws applicable to the project location.
Statutory Benchmark
MSMEs and Startups are eligible for relaxation in prior turnover and experience criteria under Rule 170 of GFR 2017 and the Public Procurement Policy, provided they submit valid Udyam registration certificates.
The contract valuation for the ICFRE HFRI project under IIM Sambalpur must be determined via a detailed cost estimate aligned with GFR 2017 guidelines. An Earnest Money Deposit (EMD) of 2% of the estimated value is mandatory to ensure bidder seriousness, though MSMEs may be exempted per Rule 170. A Performance Bank Guarantee (PBG) ranging from 3% to 5% of the contract value is required upon award to secure performance obligations. Tender document fees are generally waived on GeM, but if applicable, they must be non-refundable. The Liquidated Damages (LD) clause is strictly capped at 0.5% per week of delay, with a maximum ceiling of 10% of the total contract value. These parameters ensure financial accountability, mitigate procurement risks, and protect the procuring entity against potential defaults or delays in project execution while maintaining transparency in public spending.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Financial Rules (GFR) 2017. Dispute resolution will be conducted under the Indian Arbitration and Conciliation Act, 1996, with the venue at Sambalpur. Payments will be processed based on verified milestone achievements. A Defect Liability Period (DLP) of 12 months is mandatory post-completion to ensure quality maintenance. For high-value contracts, an Integrity Pact must be signed to ensure transparency and prevent corruption. All contractors must adhere to strict safety and environmental standards, with non-compliance resulting in financial penalties or contract termination as per the standard GCC terms defined by IIM Sambalpur.
Procurement & Bidding FAQs — Icfre Hfri
Are Joint Ventures permitted to participate in this tender?
Joint Ventures are generally not permitted unless explicitly stated in the tender document; bidders must check the specific NIT conditions.
What is the required format for the EMD Bank Guarantee?
The EMD Bank Guarantee must be issued by a scheduled commercial bank in the specific format provided in the tender document, valid for at least 45 days beyond the bid validity.
What is the standard bid validity period?
The standard bid validity period is 90 to 120 days from the date of technical bid opening, during which the bidder cannot withdraw their offer.
Does the contract include a Price Variation Clause (PVC)?
Price Variation Clauses are typically not included in short-term service contracts; however, for long-term works, they may be applicable based on specific indices.
How are technical evaluation marks calculated?
Technical evaluation is based on a pass-fail criteria against the pre-qualification standards; only technically qualified bidders proceed to the financial bid opening.
Can an MSME claim exemption from the PBG?
No, MSMEs are typically exempted from EMD, but they are generally required to submit the Performance Bank Guarantee as per the contract terms.