Cotton Corporation of India Limited inviting for appointment
as internal auditor for undertaking internal audit work of our corporation at
the branch office Warangal
1. What is
this tender about
The Cotton
Corporation of India Ltd. (CCI) wants to appoint a Chartered Accountant firm as
Internal Auditor for its Warangal Branch Office.
The
assignment is branch-level internal audit, covering:
Head Office
guidelines
Branch
operations
Field
centres, factories, godowns
Compliance
with statutory and internal controls
Initial
tenure: 1 financial year
(01-04-2026 to 31-03-2027)
Extension:
Can be extended year-by-year up to 2 more years, at the same fees, subject to
satisfactory performance
CCI can
terminate early if performance is unsatisfactory
You must
satisfy all of the following:
Firm
requirements
Registered Chartered
Accountant firm
Minimum 10
years’ experience in auditing
(Internal / Statutory / Concurrent Audit)
Experience
Audit
experience of at least two Central Govt / State Govt / PSU entities during the last
5 years
Engagement
letters or completion certificates required
Location
Must have a functional
office in Warangal city
Restrictions
One CA firm
can be appointed for only one CCI branch
Existing
internal audit firm of CCI cannot apply for 2 years after completing its term
Firm doing stock
verification for CCI is not eligible for internal audit
Amount:
₹5,000
Mode: DD /
Pay Order / Banker’s Cheque
In favour
of: The Cotton Corporation of India Ltd.
Payable at:
Warangal
Submitted
along with Technical Bid
Refunded
after successful completion of work
Minimum fee
₹15,000 per
month (excluding taxes)
Fee is consolidated
and must include:
Travel
Boarding
Lodging
All
out-of-pocket expenses
Important
pricing rule
CCI has fixed
a minimum fee
If more than
one firm quotes the same minimum fee:
The oldest
firm (by registration date) will be treated as L1
L1 firm gets
the assignment
A panel of
two firms will be prepared as backup
At branch
level
Verification
of books, registers, ERP records
Audit of:
Purchases
(MSP and commercial)
Sales of
cotton, cotton seed, by-products
Payments,
bank reconciliation
Insurance,
legal cases
Statutory
compliances (GST, TDS, PF, returns)
Review of:
Debtors,
creditors
Trial
balance and accounts
Committees’
minutes and reports
Physical
verification of assets and records
Field work
Mandatory
visits to:
Procurement
centres
APMCs
Ginning
& pressing factories
Godowns
Verification
of stock, insurance, fire-safety SOPs, records
Reporting
Monthly
Internal Audit Report
Online
submission through CCI’s internal audit system
Report due by
11th of the following month
Visit
certificates countersigned by Branch Head
For Warangal
branch:
At least 12
man-days per month at branch
At least 6
visits per month to centres/factories/godowns
If no stock
at centres, branch visits must compensate
Bid system
Two-bid
system:
Envelope A:
Technical Bid + EMD
Envelope B:
Financial Bid
Envelope C:
Contains Envelope A and B
Submission
deadline
18-02-2026
up to 3:00 PM
Drop in
Tender Box at CCI Warangal address
Bid opening
18-02-2026
at 3:30 PM
Technical and Financial bids opened on the same day