Request for Proposal (RFP)
For Empanelment of Chartered Accountant
firms for Concurrent Audit
India Post Payments Bank Ltd.
December 24, 2021
Invitation to Response
India Post Payments Bank Limited invites request for proposals to empanel Bidders for providing the Concurrent Audit services to the India Post Payments Bank Limited. This tender may be downloaded by the bidders free of cost from the Central Public Procurement Portal www.eprocure.gov.in and also on the Bank’s website:
Procurement Summary Sheet:
| Name Of the Company | India Post Payments Bank Limited | |
| RFP Reference Number | IPPB/RFP/IAD/02/2021-2022 | |
| Earnest Money Deposit (EMD) Amount | EMD has been waived off. However, the bidders need to submit ‘Bid Security Declaration Form’ as per the RFP document | |
| Date of issue of RFP | December 24, 2021 | Time : 02.00 PM |
| Last date to seek clarification | December 29, 2021 | Time : 01:00 PM |
| Pre-bid meeting date | December 29, 2021 | Time : 03:00 PM |
| Last Date and Time for response submission | January 07, 2022 | Time : 05:00 PM |
| Date and time of response opening | January 10, 2022 | Time : 11:00 AM |
| Declaration of Results | Date : To be notified | Time : To be notified |
| Primary point of contact for RFP process related clarifications. | Name: Naresh Bansal Designation: Sr. Manager (Internal Audit Department) Email: naresh.b@ippbonline.in Contact Number: +91-9871733201 | |
| Secondary Point of contact for RFP | Name: Yogesh Vashdev Sharma Designation: Mgr. (Operations) Email: yogesh.sh@ippbonline.in Contact Number: 01123362148 / Ext-122 | |
| Place of opening of response and Address for Communication | India Post Payments Bank Ltd. 2nd Floor, Speed Post Centre Building, Bhai Veer Singh Marg, Gole Market, New Delhi – 110001. | |
The Bank reserves the right to reject any or all offers without assigning any reason. The Bank reserves the right to change the schedule mentioned above or elsewhere mentioned in the document, which will be communicated by placing the same as corrigendum on the Central Public Procurement Portal (www.eprocure.gov.in) (hereon referred to as “CPP Portal”). The copy of this document may be downloaded from the CPP Portal and also from bank website (www.ippbonline.com).
Complete confidentiality should be maintained. Information provided here should be used for its intended scope and purpose. Retention of this RFP signifies your agreement to treat the information as confidential.
Bid Security Declaration Form must accompany with RFP offer as specified in this RFP document and it should be handed over to the bank in a separate cover. This cover shall be opened along with online Technical Bids.
All communications with regards to this request for proposal needs to be directed to IPPB directly either through email at the addresses mentioned above and within the stipulated time.
Eligibility criteria, Terms and Conditions and various formats and pro forma for submitting the RFP offer are described in the RFP document.
Tender offers will be opened in the presence of the bidder’s representatives who choose to attend the opening of the tender on the above-specified date, time and place. The representative needs to carry an Authorization certificate from their competent personnel to attend the meeting as per Annexure – Pre Bid Meeting Authorization letter.
Common terms of reference/definition
Across the document the term
1) “Bank”, “IPPB” refers to India Post Payments Bank Ltd.
2) “Bidder” refers to the applicants applying for this RFP and are interested in providing desired services to the bank
3) “bidder” means any entity or firm or an association of persons submitting its proposal for providing services to IPPB
4) “Day” means calendar day
5) “Document” refers to the RFP
The terms Applicant and Bidder have been used interchangeably in the RFP document.
