Empanelment of CA Firm for Internal Audit of Maharashtra Natural Gas Limited
Sushmita Goswami | Jan 18, 2022 |
The bidders are required to submit soft copies of their bids electronically on the Central Public Procurement (CPP) Portal i.e. http://etendrs.gov.in/eprocure/app, using valid Digital Signature Certificates. The instructions given below are meant to assist the bidders in registering on the CPP Portal, prepare their bids in accordance with the requirements and submitting their bids online on the CPP Portal.
(i) For preparation of bid, Bidders shall search the tender from published tender list available on site and download the complete tender document and should take into account corrigendum if any published before submitting their bids.
After selecting the tender document same shall be moved to the ‘My favorite’ folder of bidders account from where bidder can view all the details of the tender document.
(ii) Bidder shall go through the tender document carefully to understand the documents required to be submitted as part of the bid. Bidders shall note the number of covers in which the bid documents have to be submitted, the number of documents – including the names and content of each of the document that need to be submitted. Any deviations from these may lead to rejection of the bid.
(iii) Any pre-bid clarifications if required, then same may be obtained online through the tender site, or through the contact details given in the tender document.
(iv) Bidders should get ready in advance the bid documents in the required format (PDF/xls/rar/dwf/jpg formats) to be submitted as indicated in the tender document/schedule. Bid documents may be scanned with 100 dpi with black and white option which helps in reducing size of the scanned document.
1. To carry out the Internal Audit in consultation with Management & OIC covering all important functional/operational areas of MNGL.
2. Submission of periodic reports to OIC.
Assignment shall be completed as per statutory requirement & Instructions from Officer-In-Charge (OIC)
The terms of payment shall be as follows:
Time is the essence of the CONTRACT. In case the firm fails to complete the assignment within the stipulated period, then, unless such failure is due to Force Majeure as defined in contract here above or due to EMPLOYER’s defaults, the total value of assignment placed by OIC shall be reduced by ½% of the total value of assignment placed by OIC per complete week of delay or part thereof subject to a maximum of 5% of the assignment value, by way of reduction in price for delay and not as penalty.
The decision of the Officer-in-charge regarding applicability of Price Reduction Schedule shall be final and binding on the firm.
All sums payable under this clause is the reduction in price due to delay in completion period at the above agreed rate.
1) Firms of Practicing Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI) shall be considered for Shortlisting/Appointment as Internal Auditors for conducting Internal Audit of the Company.
2) Audit Firm will be selected in order of maximum evaluated weightage (Marks) as per following:
3) Award shall be made to the bidder securing highest marks as per above criteria
4) In case of a tie, the following sequence shall be adopted for selection:
a) Firm of Chartered Accountants with longer experience in Oil and Gas Sector assignments shall be given preference based on the year of registration.
b) Firm with a higher number of Fellow and/or Associate Members of the Institute of Chartered Accountants of India as partners/employee shall be given preference.
5) Pre-requisites for considering rankings:
All supporting proofs/ documents in respect of evaluation criteria must be submitted with the bid. Chartered Accountant Firms will be shortlisted strictly on the basis of documents submitted
To Read More Details Download PDF Given Below:
In case of any Doubt regarding Membership you can mail us at [email protected]
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