Security Printing And Mining Corporation Of India
Limited Inviting For Appointment
Nature of Work
- Appointment
of a Cost Auditor / Cost Audit Firm for FY 2026–27 for
Security Paper Mill (SPM), Narmadapuram.
- Scope
includes:
- Preparation
of Cost Audit Report as per Companies (Cost Records & Audit)
Amendment Rules, 2014.
- Audit
of cost accounting records of SPMCIL.
- Submission
of reports, observations, suggestions, and annexures to the Board.
- Consolidation
of cost records of all units.
- XBRL
filing with Registrar of Companies (Delhi & Haryana).
Eligibility Criteria
- MSEs
receive relaxation in:
- Experience
criteria
- Turnover
criteria
- DPIIT-registered
Startups receive relaxation in:
- Experience
criteria
- Turnover
criteria
- Supporting
documents must be uploaded for availing exemptions.
Firm Requirement
- Type
of Financial Audit Partner: Audit Firm
- Type
of Audit: Cost Audit
- Industry:
Paper Manufacturing
- Bidder
must submit:
- Required
certificates/documents
- Signed
and sealed Scope of Work copy.
Advance Requirement
- EMD
(Earnest Money Deposit): Not Required
- ePBG
(Performance Bank Guarantee): Not Required
- No
advance payment provision mentioned.
Location Requirement
- Service
location:
- Security
Paper Mill
- Narmadapuram,
Madhya Pradesh – 461005
- Reporting
Officer:
Contract Details
- Contract
period: 1 year
- Service
period:
- Within
one year from GeM order issue date
- Delivery
date:
- Buyer
may increase/decrease contract quantity or duration by 25%.
Financial Details
- Payment
terms:
- 100%
payment after receipt and acceptance of services
and submission of required documents through RTGS/NEFT.
- General
payment timeline:
- Payment
within 30 days of Service Delivery Acceptance Certificate (SDAC)
and bill submission.
- Liquidated
Damages (LD):
- 0.5%
per week delay
- Maximum
10% deduction of delayed service value.
- Bid
evaluation method:
- Total
value-wise evaluation.
This bid is essentially for a Cost Audit assignment for
Security Paper Mill, Narmadapuram under SPMCIL (Ministry of Finance).