The Cotton Corporation of India Ltd,
(A Govt. of India undertaking, Ministry of Textiles)
U51490MH1970GOI14733)
Branch Office Aurangabad
Tender Notice
The Cotton Corporation of India Ltd. Aurangabad invites sealed tenders in two-bid system from Chartered Accountants Firms for appointment as Internal Auditors for undertaking the Internal Audit work at Branch Office. Detailed terms and conditions can be had from CCI website www.cotcorp.org.in and Govt. Tender Portal i.e. www.eprocure.gov.in Last date for submission of tender is upto 13.00 p.m. of date 16.03.20
Date: 24.02.2020
General Manager
THE COTTON CORPORATION OF INDIA LTD.
(A Government of India Undertaking)
U51490MH1970GOI14733
Kapas Bhawan, Plot-No. 3A, Sector 10, CBD Belapur,Navi Mumbai- 400614.
Telephone –022-27579217/Fax–022-27579219.
Web site: http://www.cotcorp.org.in, http://www.ministryoftextiles.gov.in,E-mail: headoffice@cotcorp.com
| 1 | Title of the Tender | : | Tender for Appointment as Internal Auditors for undertaking Internal Audit work at Branch Office Aurangabad |
| 2 | Tender Ref. No. | : | |
| 3 | Product Category | : | Service |
| 4 | Sub Category | : | Professional Services |
| 5 | EMD | : | Rs 5000/- |
| 6 | Minimum Monthly Consolidated Audit Fees | Refer to point no. 5 of General Terms and Conditions. | |
| 7 | Document Cost | : | NIL |
| 8 | Tender type | : | Professional Service |
| 9 | First announcement Date & Time | : | 24-02-2020 |
| 10 | Last Date & Time of Document Collection | : | Up to 15.00 pm on 15-03-2020 |
| 11 | Last Date & Time of Submission of Tender | : | Up to 13.00 pm on 16-03-2020 |
| 12 | Opening Date & Time | : | On 16-03-2020 at 15.00 pm |
| 13 | Work description | : | Conducting Internal Audit of our Branch Office Aurangabad |
| 14. | Pre-Qualification | i) | Income Tax Permanent Account Number. |
| ii) | GST number | ||
| iii) | The registered Chartered Accountant firm must have at least 10 years’ experience in Auditing of Accounts. | ||
| iv) | The bidder firm must have experience of conducting Audit (Statutory Audit and Internal Audit) of at least two central Govt. /State Govt. / PSU during last 5 years. (Self-attested copy of appointment/engagement letter issued by the department must be attached) | ||
| v) | The bidder entity/ any partner/ Director of the entity should not have been convicted in any disciplinary proceedings/criminal case by regulatory authority/court in connection with professional work. Bidder should not be in black list of any PSU or Govt. Department. Bidder to submit an undertaking in this respect as per relevant form. |
THE COTTON CORPORATION OF INDIA LTD.
(A Government of India Undertaking)
Plot No.27, Chandramauli Building,Veer Sawarkar Chowk,
Samrat Nagar, Shahnoorwadi Darga Road
Aurangabad-431005 (Maharastra) REL.NO.-0240-2361451 EMAIL-aurangabad@cotcorp.com
No.: __________
Date:__________
TENDER NOTICE
The Cotton Corporation of India Ltd. invites sealed tenders in two-bid system from Chartered Accountants firms for the Appointment as internal auditors of branch
| Sr. No. |
Particulars of the work | Blank Tender document Cost in Rs. | E. M. D (Rs.) |
| 1. | Tender for Appointment as Internal Auditors for undertaking Internal Audit work of our Corporation at the Branch Office Aurangabad | NIL | 5000/- |
1. The tender documents can also be downloaded from the Corporation’s web site i.e. www.cotcorp.org.in or from the government tender portal i.e. www.eprocure.gov.in
2. Blank tender forms for the said work are available at above address free of cost, on all working days between 10.00 am to 5.00 pm up to date 15-03-2020.
3. The Corporation has an online Internal Audit reporting system. The online Internal Audit reports should be submitted to head Office on or before 11th of the following month.
4. Minimum monthly Consolidated Audit Fees:
a. In respect of branch Aurangabad the minimum audit fee will be Rs. 15,000/-(excluding applicable Taxes).
b. The monthly Consolidated Audit fee should be quoted inclusive of TA/DA/Boarding/Lodging etc.
5. The firm may visit to our office on any working day till 15-03-2020 to understand the operations of the Corporation and our Branch Office and to have a look into the Internal Audit reporting system.
6. The engagement of Internal Auditor will be initially for the Financial Year 2020-21 beginning from April 2020. The Corporation reserves its right to cancel the engagement prior to expiry of the tenure, in case services are not found satisfactory. In case of the satisfactory performance the period of engagement can be further extended by one year, i.e., 2021-22 at existing terms and conditions, provided their audit work is found satisfactory.
7. Earnest money amounting to Rs. 5,000/- (Rupees five thousand only) in the form of Crossed Demand Draft/Pay Order/Banker’s Cheque drawn on any Scheduled Banks drawn in favour of THE COTTON CORPORATION OF INDIA LTD., payable at Aurangabad must accompany each tender. Any Tender not accompanied by the requisite Earnest Money and other documents or documents that are not complete, will be rejected.
8. Tenderer should submit the tender as under:
Envelope A– (Technical Bid-I with all enclosures and EMD)
Envelope B – (Financial Bid-II),
Envelope C: Envelope “C” should contain both Envelope “A” & Envelope “B”
Each envelope be super scribed as “Tender for Appointment as Internal Auditors for undertaking Internal Audit work of our Corporation at the Branch Office Aurangabad” and should bear the full address of tenderer at left side bottom.
9. The sealed tenders must be submitted/dropped in the Tender Box placed on ( Plot No.27,Chandramauli Building, Veer Sawarkar Chowk, Samrat Nagar, Shahnoorwadi Dargah Road Aurangabad-431005 (Maharastra) upto (00pm) on (16-03-2020).
10. Tender Document consists of total_______ pages in addition to tender notice.
11. Technical/Financial Bids of the tenders shall be opened on the same day i.e. on (16-03-2020) at (15.00 pm) in the presence of tenderers who may wish to remain present.
THE CORPORATION RESERVES ITS RIGHT TO ACCEPT OR REJECT ANY TENDER(s). HOWEVER, PARTY MAY SEEK THE REASONS FOR REJECTION FROM THE CORPORATION.
General Manager
