Indore Municipal Corporation, Indore, Madhya Pradesh
Appointment of Chartered Accountant / Chartered Accountancy Firm for RERA Registration /
Renewal of Real Estate Projects, Quarterly Compliance, and Other Ancillary
Activities for PMAY Projects Implemented by Indore Municipal Corporation
1. Eligibility Criteria
The bidder must:
- Be a practicing
CA / CA firm registered with ICAI, with minimum 10 years of
practice.
- Have average
annual turnover ≥ ₹50 lakh (last 3 financial years).
- Have experience
in minimum 3 government/ULB/PSU projects, meeting prescribed
project value criteria (including mandatory experience in Madhya Pradesh).
- Have minimum
3–5 FCA professionals on full-time rolls.
- Have a registered
office in Indore (or undertake to open one within 30 days of LOA).
- Not be
blacklisted by any Government/PSU/ULB.
2. Bid Fees & Securities
- Tender Fee: ₹5,000 (online)
- EMD: ₹10,000 (online)
- Performance
Security: Amount equal to
3 times the quarterly fee quoted
3. Contract Duration & Fees
- Initial
Contract Period: 3 years
- Extension: Up to 2 additional years, subject to
requirement and performance
- Fee
Escalation: 5% increase
per annum
- Estimated
Consultancy Fee: ₹25,000
per project per quarter
- Selection
Method: Least Cost
Selection (LCS) – lowest quoted quarterly fee
4. Mode of Submission
5. Scope of Work (Key Responsibilities)
The selected CA/firm will:
- Register and
renew PMAY real estate projects under RERA.
- Prepare and
file quarterly RERA compliance reports (financial & physical).
- Coordinate with
architects/engineers for statutory certifications.
- Prepare CA
certificates, yearly RERA audit reports, and RERA account audits.
- Respond to RERA
notices, represent IMC before RERA Authority.
- Update and
maintain RERA records on the portal.
- Provide
advisory support on RERA-related statutory compliance for ongoing and
future projects.