What is the pay scale for 7th 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 20-10-2025. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from IIPA Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain iipa.org.in. Always cross-check notice references against primary government bulletins.
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Bidders must ensure valid DSC registration on the CPPP or GeM portal, ensuring all organizational profiles and mandatory digital signatures are updated to participate in the tendering process.
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A pre-bid clarification meeting will be convened to address technical queries regarding the 7th list of undelivered cheques, ensuring all participants have a uniform understanding of the scope.
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Bidders must submit a two-cover bid comprising a technical proposal detailing methodology and a separate financial BoQ, ensuring no price disclosure occurs within the technical evaluation documents.
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Upon successful technical qualification, the financial BoQ of responsive bidders will be opened on the portal, and the L1 bidder will be identified based on the lowest evaluated cost.
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The IIPA Authority will issue a formal Letter of Award (LoA) to the successful bidder, initiating the contract signing process and the submission of the required Performance Bank Guarantee.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in 7th 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 financial years, supported by audited balance sheets.
Statutory Benchmark
The bidder must provide proof of executing at least one similar project involving financial reconciliation, cheque processing, or audit services for a government or public sector entity.
Statutory Benchmark
The bidder must possess valid statutory registrations including GSTIN, PAN, EPF, ESI, and a valid Labor License, ensuring full compliance with Indian labor and tax laws.
Statutory Benchmark
MSMEs and Startups are eligible for exemption from EMD and prior turnover/experience requirements under Rule 170 of GFR 2017, provided they submit valid Udyam or DPIIT registration certificates.
The procurement for the reconciliation and processing of the 7th list of undelivered cheques requires a robust financial framework aligned with GFR 2017. The contract valuation must be determined via a detailed cost estimate based on volume-based service charges. An EMD of 2 percent of the estimated value is mandatory to ensure bidder seriousness, though MSMEs are exempt 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 service delivery. Tender document fees are generally waived on GeM, but if offline, must be non-refundable. The Liquidated Damages (LD) clause is strictly capped at 0.5 percent per week of delay, subject to a maximum of 10 percent of the contract value. These parameters ensure financial accountability and protect the IIPA Authority against potential service lapses or delays in reconciliation.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Financial Rules (GFR) 2017. Dispute resolution will be handled through the Indian Arbitration and Conciliation Act, 1996, with the venue in Delhi. Billing will follow a milestone-based approach linked to the successful reconciliation of cheque batches. A Defect Liability Period (DLP) of six months applies to the accuracy of the reconciliation reports. An Integrity Pact is mandatory for contracts exceeding the specified threshold to ensure transparency and prevent corrupt practices. All deliverables must adhere to strict data security and confidentiality protocols as mandated by the IIPA Authority guidelines.
Procurement & Bidding FAQs — 7th List of Undelivered Cheques Whi
Are Joint Ventures permitted for this tender?
Joint Ventures are generally not permitted unless explicitly stated in the tender document to ensure individual accountability for financial data handling.
What is the prescribed format for the EMD Bank Guarantee?
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 bid validity.
What is the standard bid validity period?
The standard bid validity period is 180 days from the date of technical bid opening, during which the bidder cannot withdraw or modify their offer.
Is there a price variation clause applicable?
No, this is a fixed-price contract. No price variation or escalation will be entertained during the contract tenure.
How are technical evaluation marks calculated?
Technical evaluation is based on a pass-fail criteria against the defined eligibility standards rather than a weighted scoring system.
Can the contract period be extended?
The contract period may be extended by mutual consent if the scope of work increases, subject to approval by the competent authority and adherence to GFR 2017.