Empanelment of CA Firm for Internal Audit of Bihar State Educational Infrastructure Development Corporation Limited

Empanelment of CA Firm for Internal Audit of Bihar State Educational Infrastructure Development Corporation Limited

Background

1. Bihar State Educational Infrastructure Development Corporation (BSEIDC) is a Government Company owncd by Bihar State Government and governed under Companies Act, 2013. 2. The main objects for which the Company have been established arc:- i. To create, construct, execute, carry out, improve, work, develop, administer, manage, control or maintain, in Bihar and elsewhere, all types of schools, educational Institutions, Universities, Colleges, Minority Institutions, Research bodies, Academic Institutions, Training Institutions, Allied infrastructure related to Education & Support Services related to Education, Educational utilities or any emergency pertaining to all departments of Government of Bihar or any other department, agency, organization or body through Human Resource Development Department or directly. ii. To purchase, take on lease or otherwise acquire by transfer any educational Infrastructure or educational support services directly or indirectly owned by the State Government for the purposes of construction, maintenance, revenue collection, management or control.

Eligibility criteria of Firms:-

• Firm must have minimum 5 Full time Chartered Accountants as Partners/Employees.
• Firm must be registered with ICAI
• Firm must have Average Annual Turnover Sixty Lakh (60 Lakh) on the basis of last three year's turnover (Financial Year 2018-l 9, 2019-20, 2020-21 ). (Audited Financial Accounts must enclosed)
• Firm must have minimum ten (10) CA (Inter/PCC/IPCC) Article Clerk/ Audit staff.
• Firm's registered Head office should be located at anywhere in India and branch office at Patna. BSEIDC will make all its correspondence with branch office at Patna only.
• Firm must have experience of at least 8 years in the audit of Central or State Government PSU/Banks/Autonomous Bodies/Societies/Projects etc.
• Finn must have empaneled for C&AG for last 3 financial years (Letter from C&AG must be enclosed.
• At least 3 partners of the firm must be DISA qualified.
• Firm should have been peer reviewed by ICAI
• Valid Supporting Documents are to be attached for each marking criteria

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