IDBI Bank Empanelment for CA Firms for Appointment of Internal & Information System Audit
Deepak Gupta | Nov 24, 2021 |
IDBI Bank Empanelment for CA Firms for Appointment of Internal & Information System Audit
APPOINTMENT OF CONSULTANT TO UNDERTAKE QUALITY ASSURANCE OF BANK’S INTERNAL AUDIT FUNCTIONS INCLUDING INFORMATION SYSTEMS (IS) AUDIT FUNCTION
Request for Proposal (RFP)
| 1 | Date and time of commencement of Bidding Process (i.e. Posting of Tender Document on Web Site) | Date: 18.11.2021 Time: 10.00 A.M |
| 2 | Last date and time for receipt of Pre-Bid queries for clarification from bidders | Date: 23.11.2021 Time: 5.00 P.M |
| 3 | Last Date and time for issuing clarifications to Pre- Bid queries by the Bank | Date: 25.11.2021 Time: 5.00 P.M |
| 4 | Last date and Time for submission of Bidding Documents Including Technical and Financial Bid | Date: 10.12.2021 Time: 4.00 P.M |
| 5 | Date and Time of opening of the Technical Bids | Date: 10.12.2021 Time: 5.00 P.M |
| 6 | Place of opening bids | IDBI BANK LIMITED, 20th Floor, Internal Audit Department, IDBI Tower, WTC Complex, Cuffe Parade, Mumbai-400005.The Authorized Representatives of Bidders may be present during opening of the Technical Bid. However, Technical Bids could be opened even in the absence of any or all of the Bidders representatives |
| 7 | The eligible Bidders, who would qualify as per the eligibility criteria in Annexure A would be informed by the Bank through e-mail. Subsequently, these eligible bidders would be invited for presentation to the appointed Internal Committee/Project Specific Committee. The technical proposals including presentation shall be evaluated (by an Internal Committee) based on parameters given in Annexure F and the Bidder securing minimum 80% as per the scoring given in Annexure F shall be considered as qualified for opening of Financial bid which shall be opened subsequently. | |
| 8 | Address of communication ( Bank ) | 1. Name: Shri Kushal Doley 2. Designation: Deputy General Manager 3. 20th Floor, Internal Audit Department, IDBI Tower, WTC Complex, Cuffe Parade, Mumbai- 400005. 4. Contact Number: 022- 66194354, 9723081100 5. E-mail: |
| 9 | Cost of Bid Documents (Non-refundable) | Rs.10,000/- (Rupees Ten Thousand) + GST in the form of NEFT. The proof of deposit should be enclosed with Technical Bid. NEFT Details given below: Account No. 0098120100000028 Account name: IDBI BANK LIMITED IFSC Code: IBKL0000098 Bank name: IDBI BANK LIMITED Branch: Cuffe Parade branch |
| 10 | Performance Security Deposit | Performance Bank Guarantee as security for an amount equivalent to 10% of the Contract Value (excluding taxes) is to be submitted by the Selected Bidder within 15 days from the date of acceptance of Offer by the Selected Bidder and PBG should be valid for a period of 6 months from the date of acceptance of vetting of implementation of the recommendations / suggestions of the Quality Assurance report. The value of PBG will have to be renewed /resubmitted with fresh validity and claim period, if required. |
Note:
1. This Bid document is the property of Bank & is not transferable.
2. This bid document has 87 pages.
3. If a holiday is declared on the dates mentioned above, the bids shall be received / opened on the next working day at the same time specified above and at the same venue unless communicated otherwise.
4. No queries will be entertained after the date and time mentioned in this schedule.
A. Applicants must read carefully the eligibility criteria provided AnnexureA. Proposals of only those Applicants who satisfy these conditions will be considered for evaluation process.
B. The Eligibility Criteria will apply to the Bidder along with its Affiliates/ Group Companies/ member firms working under the common brand name. It should have neither failed to perform on any agreement during the last three years, as evidenced by imposition of a penalty by an arbitral or judicial pronouncement or awarded against the Applicant or its Affiliates or its member firms, nor from any project or agreement nor had any agreement terminated for breach by such Applicant of its Affiliates or member firms. Self Declaration to be furnished on the letterhead of the Firm.
C. Conflict of interest
a. Bank requires that the selected Consultant/Bidder provide professional, objective, and impartial advice, and at all times hold Bank’s interest paramount, strictly avoid conflicts with other assignment(s)/ job(s) or their own corporate interests, and act without any expectation/ consideration for award of any future assignment(s) from Bank.
b. Conflicting assignment/job: The Consultant (including its Personnel) or any of its Affiliates and member firms shall not be hired for any assignment/job that, by its nature, may be in conflict with another assignment/job of consultancy to be executed for the same and/or for another employer.
c. Conflicting relationships: The Consultant (including its Personnel) having a business or family relationship with a member of Bank’s staff who is directly or indirectly involved in any part of (i) the preparation of the terms of reference of the assignment/job, (ii) the selection process for such assignment/job, or (iii) supervision of the contract, may not be awarded a contract, unless the conflict stemming from such a relationship has been resolved in a manner acceptable to Bank throughout the selection process and the execution of the contract.
D. The Bidder shall ensure that employees of Bank shall not work as, for or be a part of the firm of selected Consultant for proposed assignment of Quality Assurance.
To Read more Download the PDF given below:
In case of any Doubt regarding Membership you can mail us at [email protected]
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