The Ministry of Urban Development (MoUD) has rolled out Smart City Mission (SCM). The implementation of Mission will be carried out by a Special Purpose Vehicle (SPV) in the selected Smart Cities. These SPVs are established as a “Public Limited Company” under Companies Act, 2013.
The SPV in selected Smart Cities shall be required to appoint Key Managerial Posts (KMPs) i.e. Chief Executive Officer (CEO), Company Secretary (CS) and Chief Finance Officer (CFO) etc.as per requirements of Companies Act, 2013 and other relevant applicable Acts/Rules.
To provide assistance to the SPVs in recruitment of these KMPs, MoUD is proposing to shortlist Human Resource (HR) Agencies who will provide required manpower to the Smart City SPVs.
This shortlisting process is being undertaken to identify a panel of Human Resource Agencies who will be eligible for providing required manpower to the SPVs for recruitment of KMPs. However, it may be clarified that it is not binding on SPVs and if they wish so, they can go for recruitment of KMPs at their own.
The selection will be made by following the Method of Fixed Budget Selection (FBS) Procurement.
The HR agency is to recommend dedicated, well-qualified and experienced personnel as per the qualifications, job profile and experiences described against each position for SPV. The agency should adopt a transparent, competitive and gender sensitive process. This should also be clearly noted that these posts are contract posts with consolidated pay package with no other benefits and are not permanent in nature and are co-terminus with the project.