Empanelment

RBI invites E-tender for appointment of Concurrent Auditor 01.10.2024 to 30.09.2025

RBI invites E-tender for appointment of Chartered Accountants as Concurrent Auditor for the period from 01.10.2024 to 30.09.2025

Reserve Bank of India, Bhubaneswar has invited E-tender from Category-I Chartered Accountant Firms registered with ICAI for Odisha State under the Two-Bid system (Technical & Financial Bid) for Appointment of Concurrent Auditor (CA) for the period w.e.f. October 01, 2024 to September 30, 2025.

The appointment of CA is initially for a period of twelve months, i.e., from October 01, 2024 to September 30, 2025. However, the same may be renewed for a second and third term on the same terms and conditions, subject to satisfactory performance as per annual review of the CA’s performance.

The last date for submission of the e-tender is August 19, 2024 till 12.00 PM. Technical Bid will be opened electronically on August 19, 2024 at 03.00 PM. In the eventuality of any afore-mentioned date being declared as a Holiday, the next working day shall become operative.

Schedule of E-Tender is as under:

Date of Notice Inviting e-Tender available for download on RBI website July 11, 2024 from 6.00 PM onwards
Pre-Bid meeting July 11, 2024 from 6.00 PM onwards
Venue of the Pre-Bid Meeting 3rd floor, Reserve Bank of India, Pt. Jawaharlal Nehru Marg (Sachivalaya Marg), Unit 3, Kharvela Nagar, P. B. No. 16, Bhubaneswar – 751001
Estimated value of tender, i.e., Minimum remuneration fee (per month) ₹74,000/- per month (including all costs and excluding GST) i.e., ₹8,88,000/- for twelve (12) months (including all costs and excluding GST)
Earnest Money Deposit (EMD) An amount of ₹20,957/- has to be remitted to RBI
Bhubaneswar as EMD to be received latest by 12:00
PM of August 19, 2024 by all the firms participating in the tender through NEFT or DD.
Performance Bank Guarantee Performance Bank Guarantee for an amount equal to 5% of the contract value will be obtained from the firm (successful bidder) for 12 months
Date & time of Commencement of online submission of e-tender (Technical Bid and Financial Bid)  August 07, 2024, 6.00 PM onwards
Date & time of Closing of online submission of e-
tender (Technical Bid and Financial Bid)
August 19, 2024, 12.00 PM
Date & time of opening of Technical Bid August 19, 2024, 03.00 P.M
Date of opening of Financial Bid Financial Bid) will be opened electronically of only those bidder(s) whose Technical Bid is found acceptable by RBI, Bhubaneswar.
Such bidder(s) will be intimated regarding date of opening of Part- II (Financial Bid) on valid e-mail IDs provided by them

The Technical Bid and the Financial Bid shall have to be submitted online at https://www.mstcecommerce.com/eprocn/. Tenders will be opened electronically on specified date and time as given in the NIT

Download Detailed RFP for Concurrent Audit Click Here >>

Share

Recent Posts

  • ICAI

Empanelment of ICAI Exam observer for January 2027 Examinations. Last date: 20.11.2026

Empanelment to act as ICAI exam observers for January 2027 CA Examination. Last date to apply is 20.11.2026 Empanelment of…

7 hours ago
  • GST

No arrest under GST- Major decision of 57th Meeting of GST Council held on 8th October 2026

No arrest under GST- Major decision taken in 57th Meeting of the GST Council on 8th October 2026 PRESS RELEASE…

2 days ago
  • Income Tax

Later SC ruling cannot render an act done in compliance of a court order a statutory default

A subsequent Apex Court ruling on the substantive issue cannot retrospectively make an act done in compliance of a binding…

3 days ago
  • Income Tax

Interest payment on mobilisation advance to NHAI not liable to TDS u/s 194A

Interest payment on mobilisation advance to NHAI not liable for deduction of tax at source u/s 194A - ITAT Interest…

3 days ago
  • Income Tax

Typographical error in turnover accepted during assessment not a mistake apparent from record

Typographical error in turnover declared in ITR was not as a mistake apparent from the record u/s 154 when AO…

5 days ago
  • Income Tax

Plea that assessee was not aware of order cannot be brushed aside in absence of proof of service

Ground taken by assessee that he was not aware of the order cannot be brushed aside so lightly in absence…

5 days ago