What is the pay scale for Interview Schedule the Post of Accounts Officer and Law?
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 IIPMB Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain iipmb.edu.in. Always cross-check notice references against primary government bulletins.
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The bidder must register on the GeM portal or CPPP using a valid Class-III Digital Signature Certificate to obtain system credentials and access the specific tender document for the recruitment services.
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A pre-bid clarification meeting will be convened by IIPMB Authority to address technical queries, scope ambiguities, and eligibility concerns, ensuring all prospective bidders have a uniform understanding of the requirements.
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Bidders must submit a two-cover bid system: Cover-I containing technical credentials, experience certificates, and statutory documents, and Cover-II containing the financial BoQ, ensuring no price details appear in the technical cover.
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The technical evaluation committee will assess bids based on pre-defined criteria. Only technically qualified bidders will proceed to the commercial BoQ opening, where the lowest responsive bidder is identified.
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Upon successful evaluation and financial approval, IIPMB Authority will issue a formal Letter of Award (LoA) to the L1 bidder, initiating the contract signing and service commencement process.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Interview Schedule the Post of Accounts Officer and Law 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 successfully executing at least two similar recruitment or interview management projects for government or autonomous 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 under the Contract Labour (Regulation and Abolition) Act, 1970.
Statutory Benchmark
In accordance with Rule 170 of GFR 2017 and the Public Procurement Policy for MSEs, registered MSMEs and Startups are exempted from EMD submission upon providing valid Udyam or DPIIT certificates.
The procurement for the Interview Schedule of Accounts Officer and Law positions at IIPMB Authority requires a precise financial structure aligned with GFR 2017. The estimated contract value must be derived from market benchmarking for professional recruitment services. 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 faithful execution. A non-refundable tender fee is discouraged under GeM guidelines, promoting transparency. Liquidated Damages (LD) are strictly capped at 0.5 percent per week of delay, with a maximum ceiling of 10 percent of the total contract value. This framework ensures financial accountability, protects the procuring entity against non-performance, and maintains a competitive environment while adhering to standard public procurement financial protocols.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the Indian Arbitration and Conciliation Act, 1996, with disputes settled in the jurisdiction of the IIPMB Authority headquarters. Payments will be released based on milestone completion, such as the successful scheduling and conduct of interviews. A Defect Liability Period (DLP) of six months applies to the accuracy of the recruitment process. An Integrity Pact is mandatory for high-value contracts to ensure transparency and prevent corrupt practices. The contractor must adhere to all statutory labor laws, and any breach will result in the forfeiture of the Performance Bank Guarantee and potential blacklisting from future tenders.
Procurement & Bidding FAQs — Interview Schedule the Post of Acco
Are Joint Ventures permitted to participate in this tender?
Joint Ventures are generally not permitted unless explicitly stated in the tender document to ensure individual accountability and technical capability.
What is the prescribed 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's annexures.
What is the standard bid validity period for this procurement?
The bid validity period is typically 180 days from the date of technical bid opening, during which the quoted prices must remain firm.
Does the contract include a price variation clause?
No, this is a fixed-price contract. Bidders are expected to account for all potential cost escalations in their initial financial quote.
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.
Can an MSME claim exemption from the Performance Bank Guarantee?
No, while MSMEs are exempt from EMD, they are generally required to submit the Performance Bank Guarantee to ensure contract performance.