Iipmb Graduate with minimum Recruitment
Official recruitment notice issued by Iipmb for the post of Graduate with minimum. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
MBA / PGDM. Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
1. Computer Based Written Test (CBT), 2. Skill Test / Interview (Where Applicable), 3. Document Verification & Medical Fitness Test.
Frequently Asked Questions
| Procurement Scope | Est. Value | EMD Amount | Closing Date |
|---|---|---|---|
| Tender Notice - Iipmb (Tender: General Govern | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
| Tender Notice - Iipmb (Tender: General Govern | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
e-Procurement Bidding Roadmap & Portal Workflow
Register the procuring entity and vendors on the GeM portal using valid DSC tokens to ensure transparency and compliance with the mandatory procurement guidelines for government departments and autonomous bodies.
Conduct a pre-bid clarification meeting to address technical queries from prospective bidders, ensuring all scope definitions regarding graduate recruitment are transparently communicated and documented through formal corrigendum if necessary.
Implement a two-cover system where bidders submit technical credentials and financial bids separately, ensuring the technical evaluation is completed and approved by the committee before opening any financial documents.
Execute the commercial BoQ financial opening process on the portal, identifying the L1 bidder based on the lowest evaluated price while ensuring all statutory tax components are correctly accounted for.
Issue the formal Letter of Award (LoA) to the successful bidder, initiating the contract signing process and ensuring the submission of the Performance Bank Guarantee within the stipulated timeframe.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Iipmb Graduate with minimum Recruitment 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% 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 recruitment project for a government or autonomous institution of comparable scale within the last five years. |
| Statutory Benchmark | Mandatory submission of valid GSTIN, PAN, EPF, and ESI registrations, along with a valid Labor License under the Contract Labour (Regulation and Abolition) Act, 1970. |
| Statutory Benchmark | MSME and Startup entities are eligible for exemption from EMD and prior turnover/experience requirements under Rule 170 of GFR 2017, subject to submission of valid Udyam or DPIIT certificates. |
Financial Safeguards, EMD & Performance Security Guarantees
The contract valuation for the recruitment services at IIPMB must be determined based on the estimated volume of graduate placements. In accordance with GFR 2017, an Earnest Money Deposit (EMD) of 2% of the estimated value is mandatory to ensure bid 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 from the successful bidder to safeguard against performance failure. Tender document fees are generally waived on GeM, but if offline, must be non-refundable. The Liquidated Damages (LD) clause is strictly enforced at 0.5% of the contract value per week of delay, capped at a maximum of 10% of the total contract value. These parameters ensure financial discipline, mitigate risks, and align the procurement process with standard public financial management protocols for service-based contracts.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Financial Rules (GFR) 2017. All disputes arising shall be settled through the Indian Arbitration and Conciliation Act, 1996, with the venue fixed at the IIPMB jurisdiction. Billing shall be milestone-based, linked to the successful onboarding of candidates. A Defect Liability Period (DLP) of six months applies to recruitment quality. For high-value contracts, an Integrity Pact must be signed to ensure transparency and prevent corrupt practices. Compliance with all statutory labor laws is non-negotiable, and the contractor remains solely liable for any lapses in regulatory adherence during the tenure of the agreement.
Procurement & Bidding FAQs — Iipmb Graduate with minimum Recruit
Joint Ventures are generally discouraged unless specifically mentioned in the bid document; however, consortiums may be permitted if they meet the lead bidder criteria.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in India, strictly following the format provided in the tender document, valid for 45 days beyond the bid validity.
The standard bid validity period is 90 to 180 days from the date of technical bid opening, as specified in the GeM bid document.
No, this is a fixed-price contract. Price variation clauses are typically not applicable for recruitment services unless the contract duration exceeds two years.
Technical evaluation is based on a pass/fail criteria against the defined eligibility standards; marks-based evaluation is only used if the tender follows a Quality and Cost Based Selection (QCBS) model.
Requests for extensions are considered only if submitted at least 48 hours before the deadline and if the procuring entity deems it necessary to ensure wider competition.