Kamarajar Port Limited Inviting For Tender For
Appointment Of Audit Firm For Conducting Internal Audit
Nature of Work
Appointment of an Audit Firm to conduct Internal Audit at
Kamarajar Port Limited for FY 2026–27 and FY 2027–28.
Main work includes:
- Monthly,
quarterly, and annual internal audit reporting.
- Audit
of revenue streams, accounting systems, taxation, contracts, CAPEX
projects, payroll, compliance, IFC testing, and financial controls.
- Verification
of invoices, statutory compliance, GST/TDS, investments, fixed assets, BOT
operator revenue sharing, etc.
- Internal
Financial Control (IFC) testing and reporting.
Eligibility Criteria
Essential requirements:
- Partnership
audit firm with:
- Minimum
5 partners
- Registered
with ICAI/ICMA
- Continuous
existence ≥10 years as of 31.03.2026
- Must
be currently empaneled with C&AG.
- Principal
office/Headquarters must be in Chennai.
- Firm
should not be blacklisted/debarred.
- Firm
should have no association with BOT operators.
- Average
annual turnover during last 3 years ≥ ₹75 lakh.
- No
conflict of interest:
- Must
not have served as KPL's Statutory Auditor/Tax Advisor/Internal
Auditor/Special Auditor during FY 2023–24 to FY 2025–26.
- PAN
and GST registration mandatory.
Firm Requirement
Audit team requirement:
- One
fully qualified CA/CMA
- Two
qualified audit assistants
- Team
must have:
- SAP
competency
- Advanced
Excel skills
- Experience
in contract management and PPP/BOT projects
- Local
office in Chennai required with single point of contact details.
Advance Requirement
- No
advance payment mentioned.
- Payments
are quarterly after submission of required monthly and quarterly reports.
Location Requirement
Principal place of business:
Audit execution:
- Kamarajar
Port Limited
- Jawahar
Building, Rajaji Salai, Chennai, Tamil Nadu
Selected bidder should also maintain a local office in
Chennai.
Contract Details
- Contract
period: 2 years
- Extension:
- Can
be extended by 1 additional year on same terms and proportionate price
with mutual consent.
- Termination:
- KPL
may terminate with one month's notice if performance is unsatisfactory.
- Consortiums/sub-contracting
not allowed.
Financial Details
Estimated project value:
- ₹25.40
lakh (excluding GST) for 2 years
Tender fee:
EMD:
Security Deposit:
Payment terms:
- Quarterly
payment after submission of:
- 3
monthly reports
- Quarterly
audit report
- Supplementary
statutory report
Price quotation:
- Inclusive
of all expenses except GST.
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