Empanelment of CA Firms for Concurrent Audit of Reserve Bank of India

Empanelment of CA Firms for Concurrent Audit of Reserve Bank of India

Reetu | Jul 22, 2022 |

Empanelment of CA Firms for Concurrent Audit of Reserve Bank of India

Empanelment of CA Firms for Concurrent Audit of Reserve Bank of India

The Reserve Bank of India (RBI), Kanpur invites tenders from eligible CA firms (as defined in the tender document), for Appointment of Concurrent Auditors for the period from October 01, 2022 to September 30, 2023 (extendable for two more years subject to the satisfactory performance, as evaluated by the Bank on an annual basis).

The Tender process will be executed through the e-Tendering portal of MSTC Ltd. (https://www.mstcecommerce.com/eprochome/rbi). Interested bidder must register themselves with MSTC Ltd. through the aforementioned website to participate in the tendering process.

Tender document can be downloaded from both the RBI website https://www.rbi. org.in under ‘Tender’ section and from the website www.mstcecomm erce.com. The last date for submission of tenders is August 02, 2022 till 05:00 PM. Bidder should submit their proposal on MSTC portal (www.mstcecommerce.com), as per the instructions regarding E-tender, along with all supporting documents complete in all respects as per the prescribed formats on or before 05:00 PM on August 02, 2022. Tenders submitted only through the portal, will be accepted for the captioned process. Tenders, if received (in any mode) after the said date and time, will not be accepted by the Bank

Important Details:

1. e-Tender no

RBI/Kanpur/Estate/126/22-23/ET/199

2. Name of the Tender

Appointment of Concurrent Auditors for the period October 01, 2022 to September 30, 2023 for Reserve Bank of India, Kanpur.

3. Mode of Tender

e-Procurement System

(online Part I – Technical Bid and Part II – Financial Bid through www.mstcecommerce.com/eprochome/rbi)

4. Date of Notice Inviting e-tender available for download on RBI website

July 11, 2022 at 05:00 PM

5. Date of Pre-Bid meeting (offline)

July 19, 2022 at 3:00 PM

6. Venue of Pre-Bid meeting

HRMD, Reserve Bank of India, Mall Road, Kanpur, 208001

7. Estimated value of tender

₹93000/- (Including all costs and excluding GST) per month i.e., ₹11,16,000/- for 12 months (Including all costs and excluding GST)

8. Date of Starting of online submission of e-tender (Technical Bid and Financial Bid)

July 11, 2022 at 05:00 PM

9. Date & time of closing of online submission of E-tender (Technical Bid and Financial Bid)

August 02, 2022 at 05:00 PM

10. Last date of submission of EMD

August 02, 2022 at 05:00 PM

11. Date & time of opening of Part-I (Technical Bid)

August 03, 2022 at 03:00 PM

12. Date of opening of Part-II (Financial Bid)

Part-II (Financial Bid) will be opened electronically of only those bidder(s) whose Part-I (Technical Bid) is found acceptable by RBI, Kanpur. Such bidder(s) will be intimated regarding date of opening of Part- II (Financial Bid) through email-id provided by them.

Eligibility Criteria

I. Only those CA firms belonging to Category – I, having their registered Office in Kanpur are eligible for participation in the bidding process. The Bidder should have adequate manpower in its Kanpur office to take care of replacement etc. in support of audit team deputed at RBI Kanpur.

II. The firm or no partner should have been subjected to any disciplinary proceedings initiated by the ICAI.

III. The firm or no partner should have been debarred or blacklisted by any Government /Semi –Government organization/institution in India or abroad.

IV. The Firms which are currently Statutory/ Statutory Branch Auditors/ Concurrent Auditors/ GST Auditors of RBI and those firms which have conducted such audits in RBI in the past but at least two years have not elapsed since the completion of such assignment as on September 30, 2022 are NOT eligible for this process. Additionally, the firms that were/ are appointed as Statutory Auditors in the DICGC and NHB for the years 2020-21 and 2021-22 are not eligible to apply. An undertaking to this effect in
attached Annex-B is required to be submitted by the firm.

V. In the event of intending applicants’ failure to satisfy the Bank on fulfilment of the eligibility criteria, or their application contain/has deviations from the terms and conditions, they are liable to be rejected by the Bank and the same shall not be challenged in any court of Law.

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