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 >>
Under percentage completion method, selling/Admin costs are allowable despite no revenue declared as per guidance note of ICAI. In a…
AO cannot use reverse computation of gross payment using TDS amount to determine the amount disallowable u/s 40(a)(ia) - ITAT…
Once loans were repaid in subsequent assessment years with cogent evidences then the addition u/s 68 of the Income Tax…
Viksit Bharat Guarantee for Rozgar & Ajeevika Mission (Gramin), In short VB-GRAM-G notified Government has notified Viksit Bharat Guarantee for…
Once PCIT restores assessment to AO for denovo consideration, AO is obliged to independently apply mind without influenced by the…
When value of items traded differs it cannot be taken as basis for computing the stock position specially when quantitative…