Small Industries Development bank Of India
Inviting For Request For Proposal For Appointment Of Concurrent Auditors
Nature of Work
Appointment of Concurrent Auditors for SIDBI Head Office Verticals (Lucknow
Region-1). The work includes conducting concurrent audits for:
- Administration
Vertical (staff payments)
- Corporate
Accounts & Payment Vertical
- Premises
Vertical
Audit responsibilities include daily transaction checks, compliance
verification, internal control assessment, tax verification, risk
monitoring, reporting of irregularities, and recommendations for
operational improvements.
Eligibility Criteria
- Minimum
average annual turnover: ₹200 lakh (last 3 years)
- Minimum
experience: 7 years in similar services
- Experience
should be with Central/State Government organizations or PSUs
- Similar
work requirement:
- Three
projects ≥40% of estimated value, OR
- Two
projects ≥50%, OR
- One
project ≥80% of estimated value
- Technical
score qualifying marks: 60/100
- QCBS
evaluation: Technical 70%, Financial 30%
Firm Requirement
- Professional
CA Firm / LLP / Cost Accountant Firm
- Must
possess in-house capabilities
- Consortium/sub-contracting
not allowed
- Cooling
period restriction: firms currently serving or recently engaged in the
same audit role are ineligible
- Required
deployment:
- Administration
Vertical: 1 CA + 1 assistant
- Corporate
Accounts Vertical: 1 CA + 2 assistants (with TDS/GST/ISD expertise)
- Premises
Vertical: 1 CA + 1 assistant
Advance Requirement
- EMD:
Not required
- ePBG:
Not required
- Pre-contract
Integrity Pact mandatory
- Bid
Security Declaration required
Location Requirement
- Primary
location: Lucknow Region-1 (SIDBI Head Office)
- Address:
SIDBI Tower, 15 Ashok Marg, Lucknow – 226001
Contract Details
- Contract
period: 3 years + 1 day
- Buyer
may increase/decrease contract duration by up to 25%
- Bid
validity: 120 days from bid closing date
Financial Details
- Estimated
bid value: ₹50,00,000
- Payment
terms: Payment within 30 days after Service Delivery Acceptance
Certificate (SDAC) and bill submission
- Financial
document with price breakup required
- Evaluation
method: Total value-wise QCBS (70:30)