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 2026-05-27. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from IIMU Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain faculty.iimu.ac.in. Always cross-check notice references against primary government bulletins.
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Bidders must register on the GeM portal or CPPP using a valid Digital Signature Certificate (DSC) to obtain the necessary tokens for secure electronic bid submission and authentication.
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A pre-bid meeting is conducted to address technical queries and clarify scope of work, ensuring all prospective bidders have a uniform understanding of IIMU Authority requirements before submission.
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Bidders submit a two-cover system comprising a technical bid with credentials and a separate financial bid, ensuring technical qualification precedes the opening of commercial price documents.
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The commercial BoQ is opened only for technically qualified bidders, where the lowest responsive bidder (L1) is identified based on the total cost of ownership and financial evaluation.
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Upon successful evaluation and approval by the competent authority, a formal Letter of Award (LoA) is issued, initiating the contract execution phase and subsequent performance security submission.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Guidelines of 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
Bidders must provide proof of executing similar nature of works for government or reputed private institutions, evidenced by at least three successful work orders or completion certificates.
Statutory Benchmark
Mandatory submission of valid GSTIN, PAN, EPF, ESI registration certificates, and a valid Labor License is required to ensure full statutory compliance with Indian labor and tax laws.
Statutory Benchmark
MSMEs and Startups are eligible for relaxation in prior turnover and experience criteria as per Rule 170 of GFR 2017 and the Public Procurement Policy, subject to submission of valid Udyam certificates.
The contract valuation for IIMU Authority must be determined via a detailed market survey and cost estimation as per GFR 2017. 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 post-award to secure performance obligations. Tender document fees are generally waived on GeM, but if applicable, they remain 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 discipline, mitigate risks, and align with the General Financial Rules to protect the procuring entity's interests while maintaining transparency and accountability throughout the procurement lifecycle.
General Conditions of Contract (GCC) & Integrity Compliance
The contract is governed by the General Conditions of Contract (GCC) which mandate dispute resolution through the Indian Arbitration and Conciliation Act, 1996, with the venue fixed at the IIMU jurisdiction. Payments are structured on milestone-based billing linked to verified deliverables. A Defect Liability Period (DLP) of 12 to 24 months is enforced to ensure quality post-completion. Furthermore, an Integrity Pact is mandatory for high-value contracts to ensure transparency and prevent corruption. All contractors must adhere to the code of integrity, ensuring that no conflict of interest exists during the execution of the project.
Procurement & Bidding FAQs — Guidelines of
Are Joint Ventures (JV) eligible to participate in this tender?
Unless explicitly stated in the tender document, JVs are generally discouraged; however, if permitted, all partners must meet the cumulative technical and financial eligibility criteria.
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 bid validity.
What is the standard bid validity period for IIMU tenders?
The standard bid validity period is typically 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 generally not applicable for short-term contracts; they are only considered for long-term projects involving significant raw material price fluctuations, subject to specific indices.
How are technical evaluation marks calculated?
Technical evaluation is based on a pass-fail criteria or a weighted scoring matrix, where bidders must secure a minimum threshold score to be considered technically responsive.
Can a bidder submit multiple bids for the same tender?
No, a bidder is permitted to submit only one bid. Submission of multiple bids by the same entity will lead to the disqualification of all such bids.