Small Industries Development
Bank of India
Request for Proposal (RfP)
Concurrent Audit of
Operations of Branch Office, SIDBI
Small Industries Development Bank of India
4th FlOOR, SIDBI TOWER,
15, ASHOK MARG,
LUCKNOW – 226001
Website : www.sidbi.in
Tender No 314/2019/1407HO1/IAD
THE INFORMATION PROVIDED BY THE BIDDERS IN RESPONSE TO THIS TENDER DOCUMENT WILL BECOME THE PROPERTY OF SIDBI AND WILL NOT BE RETURNED. SIDBI RESERVES THE RIGHT TO AMEND, RESCIND OR REISSUE THIS TENDER DOCUMENT AND ALL AMENDMENTS WILL BE ADVISED TO THE BIDDERS AND SUCH AMENDMENTS WILL BE BINDING ON THEM.
(THIS DOCUMENT SHOULD NOT BE REUSED OR COPIED OR USED
EITHER PARTIALLY OR FULLY IN ANY FORM)
Critical Information Summary
1) SIDBI reserves the sole right for carrying out any amendments/ modifications / changes including any addendum to this RfP. Such amendments / modifications / changes including any addendum to this RfP shall be notified on SIDBI’s website www.sidbi.in and these will be binding on the bidders.
2) Bidders are advised to study the tender document carefully. Submission of bids shall be deemed to have been done after careful study and examination of the tender document with full understanding of its implications.
3) Any clarifications from bidder or any change in requirement will be posted on SIDBI website. Hence, before submitting bids, bidder must ensure that such clarifications / changes have been considered by them. SIDBI will not have any responsibility in case some omission is done by any bidder.
4) In case of any clarification required by SIDBI to assist in the examination, evaluation and comparison of bids, SIDBI may, at its discretion, ask the bidder for clarification. The response / Clarification shall be in writing and no change in the price of substance of the bid shall be sought, offered or permitted.
5) Please note that all the information required as per the bidding document needs to be provided. Incomplete information in these areas may lead to non-selection.
6) Modification And/ Or Withdrawal of Bids:
Bids once submitted will be treated as final and no further correspondence will be entertained. No bid shall be modified after the deadline for submission of bids. No bidder shall be allowed to withdraw the bid, if bidder happens to be the successful bidder.
7) SIDBI has the right to reject any or all bids received without assigning any reason whatsoever.
SIDBI SHALL NOT BE RESPONSIBLE FOR NON-RECEIPT / NONDELIVERY OF THE BID DOCUMENTS DUE TO ANY REASON, WHATSOEVER.
Schedule of events:
|Bid Reference : 314/2019/1407HO1/IAD|
|1||Purpose||Concurrent Audit of Operations of Branch Office|
|2||No. of Envelopes (Non window, sealed) to be submitted||One (1) Envelope for 1 Branch office
1 set of Hard copy should be submitted in sealed single envelope for 1 Branch office.
|3||Last date of submission of Bids||December 19, 2018 at 2:00 p.m (Wednesday)|
|4||Venue, Date and Time of opening of Bids.||December 19, 2018 at 3:00 p.m at the address given at Sr. No. 8.|
|5||Date of pre-bid meeting||December 05, 2018 at 4:00 p.m ( Wednesday)|
|6||Response to clarifications sought /pre-bid meeting queries to be put on website.||December 12, 2018 at 4:00 p.m (Wednesday)|
|7||Bid Validity||6 months from the last date of submission of Bids.|
|8||Address for submission of Bids||The General Manager
Audit & Fraud Management Vertical
SIDBI, 4th Floor
15, ASHOK MARG,
LUCKNOW – 226001
Ph : 0522-2288546-50
|Name & Designation||Phone|
|K.R Samuel [DGM]||email@example.com|
|Arup Kumar Vishwakarma [M]||firstname.lastname@example.org|
If a holiday is declared on the dates mentioned above, the effective date would be the next working day at the same time specified above and at the same venue unless communicated otherwise.
Introduction and Disclaimers
1.1 Purpose of RfP
The purpose of RfP is to shortlist experienced professional firm/ Limited Liability Partnership (LLP) of Chartered Accountants, for undertaking Concurrent Audit of Operations of Branch Office (BO) of SIDBI at the following locations.
Table – I
|Direct Credit O/s
as on March 31, 2018
(` in Crore)
1.2 Information Provided
The Request for Proposal document contains statement derived from information that is believed to be relevant at the date but does not purport to provide all the information that may be necessary or desirable to enable an intending contracting party to determine whether or not to enter into a contract or arrangement with SIDBI. Neither SIDBI nor any of its employees, agents, contractors or advisors give any representation or warranty, express or implied, as to the accuracy or completeness of any information or statement given or made in this document. Neither SIDBI nor any of its employees, agents, contractors, or advisors has carried out or will carry out an independent audit or verification exercise in relation to the contents of any part of the document.
Subject to any law to the contrary, and to the maximum extent permitted by law, SIDBI and its officers, employees, contractors, agents and advisors disclaim all liability from any loss or damage (whether foreseeable or not) suffered by any person acting on or refraining from acting because of any information including forecasts, statements, estimates or projections contained in this RfP document or conduct ancillary to it whether or not the loss or damage arises in connection with any negligence, omission, default, lack of care or misrepresentation on the part of SIDBI or any of its officers, employees, contractors, agents, or advisers.
1.4 Costs to be borne by Applicants
All costs and expenses incurred by Applicants in any way associated with the development, preparation, and submission of responses, including but not limited to the attendance at meetings, discussions, demonstrations, etc. and providing any additional information required by SIDBI, will be borne entirely and exclusively by the Applicant.
1.5 No Legal Relationship
No binding legal relationship will exist between any of the Applicants and SIDBI until execution of a contractual agreement.
1.6 Applicant Obligation to Inform Itself
The Applicant must conduct its own investigation and analysis regarding any information contained in the RfP document and the meaning and impact of that information.
1.7 Evaluation of Offers
Each applicant acknowledges and accepts that SIDBI may in its absolute discretion apply selection criteria specified in the document for evaluation of proposals for shortlisting / selecting the eligible Concurrent Auditor(s). The RfP document will not form part of any contract or arrangement, which may result from the issue of this document or any investigation or review carried out by a Recipient.
1.8 Maintaining Secrecy and Confidentiality
The applicant shall be liable to maintain secrecy and confidentiality of all the information / data / operations, etc. of SIDBI.
1.9 Errors and Omissions
Each applicant should notify SIDBI of any error, omission, or discrepancy found in this RfP document.
1.10 Acceptance of Terms
An applicant will, by responding to SIDBI for RfP, be deemed to have accepted the terms of this Introduction and Disclaimer.
2. Lodgement of RfP
2.1 RfP submission:
♦ RfP document submission is required to be done by December 19, 2018 (2.00 PM) as under :-
Hard copy should be submitted at the following address in sealed single envelope superscribed at the top of the envelope – “Request for Proposal (RfP) for Concurrent Audit of Operations of_______ BO”.
The General Manager
Audit & Fraud Management Vertical
Small Industries Development Bank of India (SIDBI)
SIDBI Tower,15, Ashok Marg,
Lucknow – 226001 (U. P.)
Telephones : (0522) 2288546-50
Email : email@example.com