Bank of Baroda Concurrent Audit RFP invited. Last Date for Submission 21-07-2016. Audit of 545 Branches and 22 RBOs 13 CBOs and 3 Other Units
Key Information:
| Particulars | Timeline | |
| 1 | RFP Issuance Date | 30th June, 2016 |
| 2 | RFP Co-ordinator
|
N D KUNDU Tel: 022-66985284 Email: gm.ciad.bcc@bankofbaroda.com |
| 3 | Address for Proposal Submission | 2 nd Floor, Baroda Corporate Centre C-26, ‘G’ Block Bandra Kurla Complex, Bandra East Mumbai 400051 |
| 4 | Last Date of Written request for Clarifications Before the Pre Meeting | 8th July, 2016 |
| 5 | Pre–bid Meeting | 11.00 am 13 th July, 2016 Address: Baroda Corporate Centre C-26, ‘G’ Block Bandra Kurla Complex, Bandra East, Mumbai 400051 |
| 6 | Last Date of Submission of RFP Response (Closing Date) | 11.00 am 21st July, 2016 Address: 2nd Floor, Baroda Corporate Centre C-26, ‘G’ Block Bandra Kurla Complex, Bandra East Mumbai 400051 |
| 7 | Eligibility Cum Technical Proposal Opening Date | 11.30 am 21st July, 2016 Address: Baroda Corporate Centre C-26, ‘G’ Block Bandra Kurla Complex, Bandra East Mumbai 400051 |
| 8 | Date for presentation of the Proposal | Eligible short-listed bidders may be invited for a presentation on the Technical Proposal at the discretion of the management. Date for the presentation will be communicated to the short-listed bidders; the Bank’s decision is final in this regard |
| 9 | Financial Proposal Opening | The Financial Proposals of only those who qualify in Technical Proposal will be opened. The date for opening of the Financial Proposal would be communicated separately only to those bidders who are eligible and technically qualified |
| 10 | Application Money | INR 20,000/- (Rupees Twenty Thousand Only) |
| 11 | Proposal Security(Earnest Money Deposit or EMD) | INR 1,00,000/- (Rupees One Lakh Only) |
RFP Response Submission Details:
Eligibility & Technical Proposals shall be submitted in sealed envelopes super scribing:
“ELIGIBILITY CUM TECHNICAL PROPOSAL FOR BANK OF BARODA Appointment of Concurrent Auditors of the Bank for Branches/RBOs/CBOs/Other Units: SUBMITTED BY …………….” on the top of the sub-envelope containing the Eligibility Bid.
FIRM DETAILS should be provided on the main envelope as well as sub envelopes which include:
CONTACT PERSON NAME:
EMAIL ADDRESS:
CONTACT NUMBER:
The sub-envelope should also have the Application Money Demand Draft and the EMD as specified. This envelope should also have the CD of the Technical Proposal submission.
The RFP response document should be submitted to the Bank in duplicate in hard copies i.e. two sets of envelope (One containing original and having the duplicate set) clearly mentioning ORIGINAL/ DUPLICATE as applicable in each envelope set. In case of any discrepancy, the ORIGINAL will be treated as the final for the purpose of evaluation of the Technical Proposal.
ELIGIBILITY CRITERIA
One Firm is allowed to bid for one zone only. If one firm bids for more than one zone, all the bids of that firm will be rejected
| Sr. No. | Details | Support Documents to be submitted |
| 1 | The Bidder should be a Chartered Accountancy Firm, registered with ICAI. The Bidder should be a Partnership Firm Limited Liability Partnership | Certificate of Registration with ICAI.
Partnership Deed in case of Partnership Firm and Registration Certificate of ROC (for LLPs). |
| 2 | The Bidder Firm should be Grade-I as suggested by RBI for Statutory Audit as available on website www.meficai.org (latest) | The latest copy of Grade suggested by RBI for Statutory Audit be submitted. |
| 3 | The Bidder should have carried out (including currently conducting) Concurrent Audit of Branch of minimum of 2 scheduled commercial banks in the last 5 years. | Letter of engagement be submitted. |
| 4 | The Bidder should have carried out (including currently conducting) Statutory Audit of Branches of scheduled commercial banks the last 5 years. | Letter of engagement be submitted |
| 5 | The Bidder should have minimum of 2 CISA/DISA qualified CA partners/staff. | Copy of the certificate to be enclosed |
| 6 | The Bidder should have Head office/Branch Office in the Zone for which they are applying for Concurrent Audit | A self-declaration on the Bidder’s letter head. |
| 7 |
The Bidder firms should not have been black listed/ debarred by any Government financial Institutions / Banks/ RBI/ ICAI/ Government / Semi Government Departments/ PSUs / in India. |
A self-declaration on the Bidder’s letter head |
| 8 |
The Bidder should not be owned or controlled by any Director or Employee of Bank of Baroda, both present and those who have retired in the last Five Years, or by any of their Relatives. Further, the Bidder shall not engage any of the foregoing persons as partners, employees or contractors for any work whether connected with the “Assignment/ Job/ Engagement” nor shall they benefit directly or indirectly from the “Assignment/ Job/ Engagement” in any manner |
A self-declaration on the Bidder’s letter head |
Number of Audit Units:
| Branch Category | Number of Domestic Branches |
| A | 55 |
| B | 176 |
| C | 314 |
| Total | 545 |
| CBOS | 22 |
| RBOs | 13 |
| Other Units | 3 |
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is there any application format for this