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
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
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Director | 1 | Rs. 123,100 - 144,20 | 2026-01-27 |
| Advisor | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Advisor | 1 | Rs. 25,500 - 29,200 | 2022-04-27 |
| Junior Administrative Assistant / Executive | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| 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 Class-III Digital Signature Certificate to obtain necessary procurement tokens and access the IIRS tender dashboard for document download.
Participate in the pre-bid clarification meeting to seek technical and commercial deviations, ensuring all queries are submitted within the stipulated timeline to receive formal amendments or clarifications from IIRS.
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.
Attend the technical evaluation process where the committee assesses compliance; upon successful technical qualification, the financial BoQ of eligible bidders is opened to determine the lowest responsive bidder.
Receive the Letter of Award (LoA) from IIRS, followed by the submission of the Performance Bank Guarantee and the formal execution of the contract agreement within the prescribed timeframe.
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 | Average Annual Financial Turnover of the bidder must be 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 have successfully executed at least one similar advisory project for a Government or Public Sector Undertaking in the last five years, evidenced by completion certificates. |
| Statutory Benchmark | Mandatory submission of valid GSTIN, PAN, EPF, and ESI registrations, along with a valid Labor License, ensuring full compliance with statutory requirements under Indian labor and tax laws. |
| Statutory Benchmark | Exemption from EMD and prior turnover requirements for MSMEs and Startups is applicable as per Rule 170 of GFR 2017 and the Public Procurement Policy for Micro and Small Enterprises. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for IIRS Advisor recruitment requires a robust financial framework aligned with GFR 2017. Given the specialized nature of advisory services, the contract valuation must be determined via a detailed cost estimate. An 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 total contract value is essential to secure performance obligations. Tender document fees are generally waived on GeM, but if applicable, must be non-refundable. Liquidated Damages (LD) are strictly enforced at 0.5% per week of delay, capped at 10% of the contract value, to mitigate project slippage. These parameters ensure financial accountability and protect the Procuring Entity against non-performance, maintaining fiscal discipline throughout the advisory engagement lifecycle.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the General Financial Rules (GFR) 2017. Dispute resolution will be conducted under the Indian Arbitration and Conciliation Act, 1996, with the venue fixed at the IIRS jurisdiction. Payments are structured against defined milestone deliverables to ensure accountability. A Defect Liability Period (DLP) will apply to the advisory outputs to ensure quality standards. Furthermore, an Integrity Pact may be mandated for high-value contracts to ensure transparency and prevent corrupt practices. All contractual obligations must strictly adhere to the GeM 4.0 terms and conditions, ensuring a fair and competitive procurement environment throughout the engagement.
Procurement & Bidding FAQs — Iirs Advisor Recruitment
Unless explicitly stated in the tender document, Joint Ventures are generally discouraged for specialized advisory services to ensure direct accountability of the lead bidder.
The EMD Bank Guarantee must be issued by a scheduled commercial bank in the specific format provided in the tender document, valid for at least 45 days beyond the bid validity.
The standard bid validity period is typically 90 to 180 days from the date of technical bid opening, subject to extension if requested by the procuring entity.
Advisory contracts are typically fixed-price; price variation clauses are generally not applicable unless the contract duration exceeds 24 months and involves significant inflationary risks.
Technical evaluation is based on a scoring matrix covering firm experience, consultant qualifications, and methodology, where bidders must secure a minimum threshold score to qualify for financial opening.
Yes, performance security can also be submitted via Fixed Deposit Receipt (FDR) or Demand Draft pledged in favor of the designated IIRS authority.