The Reserve Bank of India’s Department of Economic & Policy Research is inviting e-Tenders for the appointment of Concurrent Auditors for the period from October 1, 2024, to September 30, 2025. The contract, which is extendable for up to two additional years based on performance, will be conducted through MSTC’s e-Tendering portal. Interested vendors must register on the MSTC portal to participate. The tender document can be downloaded from both the RBI website and MSTC portal. Amendments or clarifications will be posted online and not in newspapers. The e-Tender includes a technical and financial bid, with submissions closing on September 1, 2024, and the technical bids opening on September 2, 2024. A minimum remuneration of ₹191,000 per month and an earnest money deposit of ₹45,840 are required. The Reserve Bank of India reserves the right to reject any or all tenders and may modify or extend the submission deadline.
Reserve Bank of India
Department of Economic and Policy Research
Central Office, Mumbai
Notice Inviting Tender (NIT)
The Department of Economic & Policy Research, Reserve Bank of India invites e-Tenders from eligible vendors empaneled by Reserve Bank of India for “Appointment of Concurrent Auditors for the period October 01, 2024 to September 30, 2025 by DEPR cluster, Reserve Bank of India, Central Office, Mumbai”, subject to the terms and conditions of this Tender.
2. The contract will be valid for a period of one year from October 01, 2024 to September 30, 2025 and is extendable on a yearly basis for a maximum of two more years or other shorter periods, on mutual consent, subject to satisfactory performance/service rendered by the Vendor.
3. The Tendering will be done through the e-Tendering portal of MSTC Ltd. (https://www.mstcecommerce.com/eprocn/). Interested vendors must register themselves with MSTC portal through the above-mentioned website to participate in the tendering process.
4. Tender document can be downloaded from the ‘Tenders’ link on RBI website rbi.org.in as well as from www.mstcecommerce.com.
5. Any Amendment(s) / Corrigendum / Clarification(s) with respect to this Tender shall be uploaded only on the RBI website/ MSTC e-portal and will not be published in the newspaper. The Vendor should check the above website / e-portal for any Amendment / Corrigendum / Clarification before submitting the bid.
6. The Bank shall have the right to cancel, modify the Tender and extend the deadline for submission of Tender. Further, the Bank reserves the right to accept any Tender, either in full or in part and to reject any or all the Tenders without assigning any reason thereof.
The Adviser-in-Charge
Department of Economic and Policy Research
Reserve Bank of India
Central Office, Mumbai
SCHEDULE OF TENDER (SOT)
Note: This is a tender enquiry through MSTC portal. Bidders are advised to first visit our website https://www.rbi.org.in through ‘Tenders’ link to check their eligibility. Eligible firms wishing to apply should register themselves with MSTC Portal (www.mstcecommerce.com) and apply online only.
a) |
Name of Work |
Appointment of Concurrent Auditors for the period October 01, 2024 to September 30, 2025 for audit of DEPR Cluster. |
b) |
e-Tender No |
RBI/DEPR-Central Office Departments/Others/2/24-25/ET/318[Tender for Concurrent Audit] |
c) |
Mode of Tender |
E-Tendering System (Part I – Technical Bid and Part II Financial Bid) through https://www.mstcecommerce.com/eproc |
d) |
Date of Notice Inviting Tender (NIT) available to parties to download |
04:00 P.M of August 12, 2024 |
e) |
Date of Pre-bid Meeting |
August 20, 2024 at 11:00 AM |
f) |
Venue of Pre-Bid Meeting |
7th Floor, Conference Room, Department of Economic and Policy Research, Reserve Bank of India, Central Office, Fort, Mumbai – 400001 |
g) |
Estimated Cost of Tender i.e Minimum remuneration fees (per month) |
₹191,000/- per month (including all costs and excluding GST) i.e Rs 22,92,000 for 12 months (including all costs and excluding GST) |
h) |
Earnest Money Deposit |
₹45,840/- (2% of Estimated Cost) To be deposited by all bidders through NEFT in favour of Reserve Bank of India, Details of NEFT Beneficiary Name:
|
i) |
Bank Guarantee |
5% of Contract Value (to be submitted by successful bidder for the contract period plus 30 days beyond that) |
j) |
Date of Starting of e-Tender for submission of online Technical and Financial Bid at
|
04:00 P.M of August 20, 2024 |
k) |
Date of closing of online e- Tender for submission of Technical Bid and Financial Bid |
04:00 P.M. of September 01, 2024 |
j) |
Date & time of opening of Part-I (i.e., Technical Bid) |
11:00 AM of September 02, 2024 |
k) |
Transaction Fees |
Payment of Transaction Fee, as mentioned in the MSTC portal, through MSTC payment gateway by NEFT / RTGS in favour of MSTC Limited. |
l) |
Address of Communication |
The Deputy General Manager
|
“This notice is being published for information only and is not an open invitation to quote in this limited tender. Participation in this tender is by invitation only and is limited to the selected Procuring Entity’s enlisted contractors. Unsolicited offers are liable to be ignored. However, contractors who desire to participate in such tenders in future may apply for enlistment with RBI as per procedure.”
e-Tender – No. RBI/DEPR-Central Office Departments/Others/2/24-25/ET/318[Tender
for Concurrent Audit]
E-Tender for Appointment of Concurrent Auditors for the period October 01,
2024 to September 30, 2025 by Department of Economic and Policy Research,
Reserve Bank of India, Central Office
The Department of Economic & Policy Research, Reserve Bank of India (hereinafter referred to as ‘’the Bank” or ‘’DEPR”) invites e-Tenders under Two-Bid system (Technical & Financial Bid) from eligible vendors empaneled by Reserve Bank of India for “Appointment of Concurrent Auditors for the period October 01, 2024 to September 30, 2025 by DEPR cluster, Reserve Bank of India, Central Office, Mumbai”, subject to the terms and conditions of this Tender.
2. The contract will be valid for a period of one year from October 01, 2024 to September 30, 2025 and is extendable on a yearly basis for a maximum of two more years or other shorter periods, on mutual consent, subject to satisfactory performance/service rendered by the Vendor.
3. The last date for submission of e-tender on MSTC portal is September 01, 2024 till 04:00 PM. Applications received after the said date and time will not be accepted. The Part-I (Technical Bid) of the e-tender will be opened electronically on September 02, 2024 at 11:00 AM. In the event of any date indicated above being declared a Holiday, the next working day shall become operative for the respective purpose mentioned herein.
4. The Bank reserves the right to accept or reject any application or all the offers without assigning any reason thereof.
The Adviser-in-Charge
Department of Economic and Policy Research
Reserve Bank of India
Central Office, Mumbai
