Iirs Advisor Recruitment
Official recruitment notice issued by Iirs for the post of Advisor. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
M.Tech / M.E, MBBS / Medical Degree, Post Graduate (Master's Degree), Diploma / Technical Certificate. 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 - Iirs (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
| Tender Notice - Iirs (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
| Tender Notice - Iirs (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
| Tender Notice - Iirs (Tender: General Governm | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
e-Procurement Bidding Roadmap & Portal Workflow
Register the entity on the GeM portal or CPPP using a valid Digital Signature Certificate (DSC) to obtain necessary authentication tokens for secure participation in the IIRS tender process.
Attend the mandatory pre-bid clarification meeting to address technical queries, scope ambiguities, and eligibility criteria, ensuring all prospective bidders have a uniform understanding of the IIRS advisor requirements.
Submit the two-cover bid comprising the technical proposal, including credentials and methodology, and the financial BoQ, ensuring all documents are digitally signed and uploaded before the specified deadline.
The Procuring Entity conducts technical evaluation followed by the opening of the commercial BoQ for technically qualified bidders to determine the L1 vendor based on the lowest evaluated price.
Issue the formal Letter of Award (LoA) to the successful bidder, followed by the signing of the contract agreement and submission of the required Performance Bank Guarantee by the vendor.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Iirs Advisor 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 consecutive financial years, supported by audited balance sheets. |
| Statutory Benchmark | The bidder must provide proof of executing at least one similar consultancy or advisory project for a Central/State Government organization or PSU within the last five years. |
| Statutory Benchmark | Mandatory submission of valid GSTIN, PAN, EPF, and ESI registrations, along with a valid Labor License, ensuring full compliance with Indian statutory and labor law requirements for service providers. |
| Statutory Benchmark | Exemption from EMD submission is applicable for registered MSMEs and Startups under Rule 170 of GFR 2017, provided valid Udyam or DPIIT registration certificates are submitted with the bid. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for IIRS Advisor Recruitment requires a robust financial framework aligned with GFR 2017. The contract valuation must be determined based on market benchmarking for high-level consultancy services. 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) of 3-5% of the total contract value is required upon award to mitigate non-performance risks. Tender document fees are generally waived on GeM, but if offline, must be non-refundable. Liquidated Damages (LD) are strictly capped at 0.5% per week of delay, with a maximum ceiling of 10% of the contract value. These parameters ensure financial discipline, protect the Procuring Entity against default, and maintain competitive integrity throughout the lifecycle of the consultancy engagement.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall strictly adhere to the General Financial Rules (GFR) 2017. Disputes shall be resolved through the Indian Arbitration and Conciliation Act, 1996, with the venue in the jurisdiction of the Procuring Entity. Payments will be processed based on milestone-based deliverables verified by the IIRS project committee. A Defect Liability Period (DLP) of 12 months shall apply to the advisory outputs. Furthermore, an Integrity Pact is mandatory for high-value contracts to ensure transparency, anti-corruption compliance, and ethical conduct throughout the engagement period, binding both the Procuring Entity and the selected advisor to rigorous professional standards.
Procurement & Bidding FAQs — Iirs Advisor Recruitment
Unless explicitly stated in the tender document, JVs are generally discouraged for individual advisory roles to ensure direct accountability of the primary service provider.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in India, following the standard format provided in the tender document, valid for 45 days beyond bid validity.
The bid validity period is typically 180 days from the date of technical bid opening, during which the bidder cannot withdraw or modify their offer.
Consultancy contracts are generally fixed-price; price variation clauses are typically not included unless the contract duration exceeds 24 months and involves significant inflationary risks.
Technical evaluation is based on a weighted scoring system covering firm experience, key personnel qualifications, and the proposed methodology, usually requiring a minimum of 70% to qualify.
Requests for extensions must be submitted in writing before the deadline; the Procuring Entity may grant an extension if it deems it necessary to ensure wider competition.