Kolkata Port Trust invitation for experienced firms of chartered accountants or cost accountants for internal audit

Kolkata Port Trust  invitation for experienced firms of chartered accountants or cost accountants for internal audit

1. Nature of Work

Internal Audit of Finance Department for 3 years (FY 2026-27 to 2028-29)

Coverage includes:

• Revenue audit (Port, Marine, Railway, Estate)
• Vendor payments audit
• Payroll & employee benefits audit
• Taxation audit (GST, TDS, Income Tax)
• Treasury audit
• Pension & PF audit
• Financial statements & MIS review

Deliverables:

• Quarterly draft audit reports
• Hard copy + soft copy submission
• Reporting within 21st of next quarter’s first month

2. Eligibility Criteria

Firm must:

 Be a CA/CMA firm or LLP registered in India
 Be empanelled with CAG or RBI
 Have minimum 7 years experience (as on 31.03.2025)
 Have minimum 4 qualified CA/CMAs (partners/payroll)
 Have average turnover of ₹50 lakh+ (last 3 years)
 Have positive net worth in all 3 years
 Have office/branch in Kolkata/Haldia
 Not be blacklisted/debarred

3. Firm Requirements

Mandatory registrations/documents:

• PAN
• GST Registration
• Trade License
• Professional Tax Clearance
• Registration certificate
• Partnership deed
• Power of Attorney
• Financial statements (3 years)
• ECS form
• Declarations (Annexures F, G, I)

Submission mode:

• CPP Portal (online)
• Original DD for EMD and tender fee to be physically submitted

4. Experience Requirements

Must have completed one of these:

Option A

1 assignment
Minimum fee: ₹40 lakh/year

OR

Option B

2 assignments
Minimum fee: ₹25 lakh/year each

OR

Option C

3 assignments
Minimum fee: ₹20 lakh/year each

Condition:

• Internal/statutory audit
• In PSE / Ports / Listed Companies
• Client turnover must be ₹500 crore+

5. Advanced Requirements

Resource deployment:

Qualified CA/CMA

• 10 working days/month at each location
• Minimum 3 years PQE

Audit Assistants

• 5 in Kolkata + 5 in Haldia
• Full working days (Mon–Fri)
• Intermediate qualified + 1 year experience

Other:

• Team must carry own laptops
• Stationery at own cost
• Travel at own cost

6. Location Requirement

Must be based in or have branch in:

Kolkata or Haldia

Audit execution required at:

• Kolkata Dock System
• Haldia Dock Complex

7. Contract Details

Duration:

• 3 years

Bid system:

• Two-part bid
• Technical bid
• Financial bid

Selection:

• QCBS model

Weightage:

• Technical = 60%
• Financial = 40%

Minimum technical score:

• 75/100

8. Financial Details

Estimated Tender Value

₹1.50 Crore

EMD

₹3,00,000

Tender Fee

₹1,770 (incl. GST)

Performance Security

3% of total contract value

Payment Terms

Quarterly billing

LD (Penalty)

0.5% per week delay
Max 10%

9.Quick Qualification Check (Practical)

Bid only if your firm has: