NOTICE INVITING E.TENDERS [E.NIT) FOR
EMPANELMENT OF CHARTERED ACCOUNTANT/
COST ACCOUNTANT FIRMS FOR THE
ASSIGNMENT OF INTERNAL AUDIT OF JKSPDCL
OF THE YEAR 2 OL7.1B, 2OLB-19 &2OT9.20
The lammu & Kashmir State Power Development Corporation Limited
(A Government of Jammu & Kashmir undertaking)
Corporate Office:- Exhibition Ground, Opposite Civil Secretariat, Srinagar
Camp office:- Ashok Nagar, Satwari, Jammu-7B0OO4
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.'/
IMPORTANT INFORMATION
Table A: - Important Information about the NIT no.0f oate a.
l$.ot.zorc
Item Description Notice inviting e-tenders [NITJ for the Empanelment of
Chartered Accountant /Cost Accountant firms for the
assignment of Internal Audjt of JKSpDCL
Site Location Locations of allthe paying units are mentioned in the Table B
Date of issue of Tender 1,8.07.2019
Document
Availability of Tender e-NIT is available at www,jktenders.gov.in . However, the e-
Document
NIT is also available on IKSPDCL official portal
www.jkspdcl.nic.in.
Sealed Tenders are invited in one cover i.e Cover "A"
Tender system Technical bid. The technical bid shall be uploaded in
electronic format on the website www.iktenders.gov.in
Rs. 1000 [Rs. one thousand only) to be submitted in the form
of Demand Draft in favour of General Manager, Accounts,
Cost of Tender Document
JKSPDCL, Jammu along with the hard copies of technical Bid
at the time of, Bid submission.
Draft in favour of General Manager [Accounts), JKSPDCL,
Jammu payable at Jammu. Both Cost of Tenders document
Earnest Money Deposit [EMDJ and EMD in the form of DD's shall reach the GM Office by or
before the last date of bid submission, however, Scan copy of
DD's shall be attached with the technical bid and uproaded on
fK tenders.
Period of Assignment rnreeyears [ui; Le. ty ZOIT_IB,Z0IB-I9 &20L9_20
Last date & Time for Tender 1.00 Pm on 0B.02.2019
submission
Opening of Technical Bids uate of opening of technical bids will be intimated separately
to the eligible bidders.
Venue ofTender Opening ueneral Manager Accounts, f&K State power Development
Corporation, Camp Office Ashok Nagar Satwari
Jammu.
Contact officer for ueneral ylanager, Accounts,
correspondence and l&K State Power Development Corporation,
clarifications Camp Office Ashok Nagar Satwari Jammu.
Cell no : - 9479 1 - 7 2 667,94 79 I - 6 60 2 6
E mai I : -g m aj m u @ g m a i l. co m,
fin a nc ej ks p d c@ g ma iI.c o m
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1. Introduction
i..1.. The Jammu & Kashmir State Power Development Corporation Limited, a public sector
enterprise of Government of Jammu & Kashmir, is a power generating utility having 21
hydro projects across the State of Jammu & Kashmir and one Gas Turbine at Pampore,
Kashmir. The Corporation in addition to generation of power and operation and
maintenance of hydro projects is also identifying, harnessing and developing the hydro
projects in the State of Jammu and Kashmtr.
The Corporation has thirteen [13) no, of paying units located across the state of Jammu
and Kashmir. These paying units are the Drawing and Disbursing offices [DDO] of the
ofiices/wings/circle/divisions mentioned against each of these offices in the table B
below. The projects, both running and under-construction /ongoing/investigation and
other assignments, which are being looked after by these offices are also shown in the
table:-
TABTE B
S.No Paying Unit I.ocation Proiects Offices
t Corporate office f ammu/Srinagar Loans payments/Energy Central office works
sales/lnterest payments/Tax
payments/Cash receipts and
transfers and investments
2 GM [Accounts), fammu Paying office for Corporate Estates Special Sub
Jammu Assets and Corporate office division, fammu
emplovees
3 GM [AccountsJ, Srinagar Paying office for Corporate Estates Special Sub
Srinagar Assets and Corporate office division, Srinagar
employees
4 CP &AO Jammu fammu CHEP-I, CHEP-II, CHEP-III, CE[CIDJ Jammu
Sewa-ll, Civil Investigation, CE(GJ, Jammu
Geological and Mechanical SE (Gen), Circle-lll,
works of Jammu regions and Jammu
Corporate Assets. Xen [CIDJ, Jammu
Xen [MlD), Jammu
Xen (CCD UjhJ
Xen [CMD tJdh)
Xen (Gen Udh),
Xen [EPD Jammu),
Geological Divison,
fammu
5 CP & AO, BHEP Chanderkot, BHEP-I & BHEP-II CE (Civil), BHEP,
Ramban CE (Electric), BHEP
SE(Electric), BIIEP
SE(Mech)/[Civil),
BHEP
Xen, MMD
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r Xen, EPD
Xen, HRT
Xen, CMD
Xen,400 KV TLD
Xen, GD-l
Xen, GD-ll
Xen, PHD
Collector Land
6 CP & AO, Jammu/Ramban Sawalakote HEP CE, Sawalkote
Sawalakot Xen, CCD-l
Xen. CCD-ll
7 CP&AO Khistwar Bhaderwah HEP, Lower Kalnai, CPE, Lower Kalnai
Khistwar Kirthai-l & II, Ratle HEp, CE,Kirthail&ll
RGWY Doda. Xen, CID, Khistwar
Xen, CCD-1, Kirthai
Xen, CCD-ll, Kirthai
Xen, CCD-1, Lower
Kalnai
Xen, CCD-Il, Lower
Kalnai
Xen, RGGW, Doda
B CP & AO Parnai Drabashalla, Parnai HEP, RGGVY Raiouri CPE, Parnai
Poonch Poonch Xen, CCD-l
Xen, CCD-ll
Xen, Mech Divison
Xen RGCW Pnnneh
9 CP &AO Bemina, Srinagar Pahalgam HEP, Gas Turbines, CE (CID), Kashmir
Srinagar Civil Investigation, Geological CE [GenJ, Kashmir
and mechanicalworxs, SE, Generation-ll,
Srinagar
Xen, MID
Xen, CID
Xen, GD, Pampore
Chief Geologist
Geological Divison,
Srinagar
Xen, RGGW, South,
Pampore
10 CP & AO Kangan Kangan USHP-1, USHP-lt and New CE, NGHEP
Ganderbal HEPs Xen, CCD-1, NGHEP
Xen, CCD-ll, NGHEP
Xen, CMD, SVP
Xen, Gen, USHP-l
Xen, CMD, USHP-ll
Xen, Gen, USHP-ll
Xen, GD, Ganderbal
11- CP&AO Baramulla LIHP, Karnah HEPs SE, Generation-l
Baramulla
Xen, Gen, LJI-lP
Xen, CMD, LJI{P
Xen, ECD, Karnah
Xen, RGGW, North
&UC]Q. Jpporp
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CCD,Machil,Division
P&A0Leh Stakana, Bazgo, Sumoor, CE, Generation, Leh
Hunder and Igo-Mercellong Xen, EPD, Leh
HEPs. Xen, CCD-l Khalsti
Xen, CCD-ll, Leh
P & AO Kargil Kargil Marpachoo, Iqbal, Haftal, CPE, Kargil
Sanjak, Dah & Hanu HEps, Xen, EPD, kargil
Survey & Investigation and Xen, CD-1, Kargil
civil works of all these pro Xen, CD-ll, Kareil
L.2. All the technical direction offices are reporting to the technical
head i.e ED
(civilJ/ED (Electrical) of the Corporate office and ail
the paying offices are
reporting to the Director (FinanceJ who are reporting
to the Managing
Director.
13 The corporation intends to empanel Six
[06) no. of firm(s) of chartered
Accountants/cost Accountants for the assignment
of Internal Audit of these
thirteen [13) paying offices for a period of three years
i.e Fy 2017 -rB, 2or'_rg
& 2or9-2o in slots of two/three paying units as
mentioned in clause-5 below.
2. Definitions
In this document, the following terms shall
have following respective meanings:_
2.1. IKSPDCL means The Jammu & Kashmir state power Development
corporation Limited. a
Government of Jammu & Kashmir undertaking.
2.2. cE (crD) means the chief Engineer, civir Investigation
and Design
2.3. Xen means the Executive Engineer who
is heading a Division.
2.4. cP &A0 means the chief Pay and Accounts
officer who is the paying officer of the project
comprising of some offices as mentioned
in the tabre B.
2.5. P&AO means the Pay & Accounts officer who is the paying officer
of the project comprising
of some offices as mentioned in the table
B.
2.6. RGGVY means the Rajiv Gandhi Grameen
viduyutitkaran yogna, a centrar scheme
2.7. HEPs means the Hydro Electric projects.
Gen means the Generation and MID means
the
Mechanical Investigation Division. cMD
means the civir Maintenance Divison.
3. Scope of work
The Internal Audit would cover the following
operationar activities of JKSpDCL:
3.1. Vouching
3'2' Audit of transactions which involves examination
of supporting documents,
concurrence and approval from the competent
authority.
3'3' checking oftrial balance, scrutiny ofgeneral
ledger and reconciliation ofeach
head of
accounts thereo[, wherever necessary
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3'4' checking of expenditures incurred with
reference to the laid down procedures,
delegation of powers and budgetary provisions.
3'5' checking of calculations and payments of
statutory dues and all tax related matters
as
applicable to JKSpDCL.
3.6. Insurance of all assets.
3.7. Tocheck whetherphysicalverificationofassets
/stocks has been carriedout at the
close of financial year and variations, if any, have been accounted for and recorded
properly
3.8. To check the bank reconciliation statements.
3'9' To check whether the surplus funds of
IKSPDCL are judiciously invested to get the
maximum possible return in case of central
office and in case of other paying offices.
whether the surplus funds are transferred
to the centrar offices at the end of the year.
3'10' To check the cash book to ascertain whether cash in hand has
been authenticated
by the competent authority at regular
intervals.
3.11. Checking of subsidiary ledgers.
3'12' To check the calculations and reimbursement bills of staff to ascertain the
of salary
legitimacy of payments and deductions
thereof.
3'13' checking whether all liabilities against
the accepted claims have been provided for
in
the books of accounts for the full accounting
year and veriffing compliance with
statutory obligations of
employer towards the emproyees: viz.
Gratuity, Leave
encashment' Provident Fund etc. Similar
checks to be done in respect of
and claims for reimbursements.
1,A / DA
3.14. To review compliance with laid down policies
and procedures rn respect of calling
of
tenders, related approvals, budgetary provisions
made and letters of award
iLOA)
issued for work contracts.
3'15' check whether the tender documents
/ contract documents are vetted bythe
1egar and
finance section of JKSpDCL.
3'76' To check whether the committees for tender openingand evaluation/negotiations
are constituted as per the prescribed
norms of JKSpDCL/J&K covernment
and whether
the tenders have been awarded by
the competent authorities.
3"1'7' To verify whether the advance for works
such as initial advance, inte.m advance,
mobilization advance etc' are paid
as per the terms of the contract provisions
LOA and is being adjusted from
/ of
the running bills properly and regularly.
Also to
check whether the escalation bills
are being paid as per the terms and
formulae given in
the LoA and whether provisions of penalty
/ damages / compensa tion /LD clauses are
being invoked as per the LOA.
SlPage
v
3'18' To verisr the validity of BGs obtained
from parties to whom the work is
awarded. To
verify whether BGs are kept in safe
custody of competent authority and
whether rerated
records are properly maintained.
3'L9' To verifu whether the procurements
have been made after compretion
of a, formarities
prescribed by iKSPDC L/I&K Government and whether approvals
authorities have been obtained.
of competent
3'2o' To check whether the stationery &
stocks have duly been accounted
for as per
accounting standards and whether
records have been properly maintained
to ensure
safeguard ofsuch stocks ofJKSpDCL.
3'21' To verify whether the funds have
been unnecessariry brocked due to
excess
procurements.
3.22. Checking of guest house
/ transit camp registers.
3'23' To ensure that-TDS has been deducted
at appricabre rares.
3'24' To suggest modifications to the delegation
of powers, if shortcomrngs are
noticed during
audit.
3'25' To verify whether TDs has been
properly deducted and deposited
with the Income Tax
Authorities within the prescribed
periods.
3'26' To verify whether TDS returns have
been submitted in time to the Income Tax
Authorities.
3'27' To verify whetherservice Tax
has been properry charged, whereverapprrcable,
whether proper returns have been and
filed with the Authorities. To verify
whether
the works contract Tax (wcr),
at applicable rate, has been deducted
from the birs of
the contractors and timely deposited
with the sales Tax Authorities. To verify
proper returns have been filed whether
under the WCT.
3'28' To check whether the central
Vigilance commission
[cvc) guidelines have been duly
met.
3'29 ' To verifu the compliance of
the observation
[sJ reported in the previous audit report.
observe To
the discrepancies of persisting nature
and suggesting a suitable corrective
action[s).
3.30. To check the adequacy on the Insurance
ofassets/stores.
The above list of scope of
work is not exhaustive and comprete and
shall also check and report the the firm
compliance of any circurar instructions
the corporate office of
for compliqnce by all the paying/field units. In
to above, the firm shalt also cover addition
in the scope of its audir the
directions/instructions/guiderin.es
and roadmaps laid down under the
TfPage
"standard on Internqr Audit"
issued by the Institute of
chartered
Accountants of India (ICAI)/ Institute
of cost Accountants of India.
4L The firm should have its head
or branch office rocated in the state
and Kashmir. of Jammu
4.2. only firm of chartered Accountants/
cost Accountants registered with
the Institute of
chartered Accountants of India/
Institute of cost Accountants
respectively and holds a valid
of India (rcAI)
certificate of practice shall be
considered for
empanelment for the assignment
of internal audit of
JKSpDC for the year 2017-18,201.8-
19 &2079_20.
4.3. The criteria shalr be as per
the table c as under. Minimum
marks required
technical qualffication of the for
firm shall be 65.
Table C- S"tection critin for emirrr"m;g Int"r"ql Ardit",
c;teria
Maximum
Year of Establishment of t"tre
Marks
2 mark /year oueislea.
firm.
[fraction ofthe year tt be
ignoredJx
Number of part
3 marks for eachlartner
with the firm fo
one year as on the date ofapplication.
who is ACAIACMA.
4 marks for each partner
who is FCA/FCMA
1 mark for each partner
who
is DISA/CrSA/rSA
1 mark for each partner
who
is having ERp accounting
Nr.b"r ;f qr"lif*d;r;.1r*r, ,h"
2 marks for every
an ACA/ACMA
qualified assistant
Number of s
1 mark pe. seminualified
flnter Cost/
both groupJ
5 marks/ye". of
"uait 25
Lxperience of the f. rn
--rrji.^rrm t""o:t.i::
internal 3 marks/ye". of
"uaiI 20
PSUs/government companles
or other
companies
Total Marks -
*The firms 100
should have a minimum of 5 year experierrce
8lPage
4'4 Six [06) no' of firms will be empanelled based on the merits of marks obtained as per
clause 4.3 above.
4'5 In case of tie of technical score at the 6th position, following sequence shall be
adopted
for empanelment of 6th firm;-
4.5'1' No. of assignments of internal audit of Power sector Companies.
4'5'2 No. of assignments of internal audit of other PSU/ Government Companies.
4.5.3 Firms shall longer experience based on years of establishment.
4'6 In case of any empanelled firm refuses to do the assignment of audit of any year,
its EMD
shall be forfeited and the next firm in the merits of marks will be considered for
empanelment.
4'7 In case, less than 6 firms will be technically qualified for empanelment, then the
total no.
of slot will be distributed among the empanelled firms.
4'B In case less than 4 firms will be technically qualified, than the assignment will
be re-
tendered for empanelment.
4'9 Empanelment shall only be for a period of three years i.e 2017 ^18, 2018-19
& 2019-20.
5, Allotment of assignment:-.
5'1 JKSPDC intends to empanel (06) six number of CA/CWAfirms for the assignment of,
internal audit' Each firm will be assigned two/ three paying units as one slot for
one
financial year. The combination of various paying units as slot is given below:-
S No. Slots fCombination of paying Units) Region
1, CP & AO BHEP + CP & AO SAWALKOTE
fammu
2 CP & AO KANGAN + GM IAJ SRINAGAR Kashmir
J CP & AO JAMMU + Cp & A0 KTSHTWAR Jammu
4. CP & AO PARNAI + GM iA) IAMMU Jammu
CORPORATE OFFICE
"
5 CP & AO SRINAGAR + CP & Ao BARAMULLA Kashmir
6 P&A0KARGIL+P&AOLEH Leh
5'2 The slot will be changed every year. No firm will be awarded
the same slot in anv
succeeding years.
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5.3 The bidding firms shall give its preference of region of slot for three years as per below
format:-
Preference I year II year III year
Kashmir Region
Jammu Region
Ladakh Resion
5.4 While awarding the slot to empanelled firms, geographical location of branch/ head
office of empanelled firm will be considered along with its preference. However, region
and slot will be changed every year.
5.5 In case of any issue/ dispute regarding allotment of slot within region, process of draw
of lot can be adopted.
The frequency of internal audit of all the units in the three year period i.e Fy 207-18, 2018-
1,9 &2019-20 shall be as per the table D, E & F outlined below:-
Table D:- Forthe FY 2OL7-1}
Schedule For the period Reporting Remarks
1 year 01.0 4.2017 - 3 1.03.20 1B Within two months Audit to be
complete commenced within 10
Audit days of award of LOA
or from the date
mentioned on the
letter of award ILOA]
Table E:- For the I;Y zOIB-Lg
Schedule For the period Reporting Remarks
Ist half yearly 01.04.2078- 30.09. 2018 Within one month Audit to be
audit commenced within 10
days of award of LOA
or from the date
mentioned on the
letter of award (LOAJ
IInd half 01.10.2018- 31.03.201 9 within 1 month and Audit to be
yearly report shall be commenced after
furnished by or completion of 1't half
before 31'tMay,2019 yearly audit of this
year.
l0 lPage
Table F: - For the FY 2079^20
Schedule F'or the period Reporting Remarks
Ist half yearly 0r.04.2019- 3 0.09.2 0 19 30't November, Auditor should take
audit 201,9 up the assignment
after 15 days of
IInd half yearly 01.10.2019 - 3L.O3.2020 31tn May,2020 completion of 1't half
year and 2"0 halfyear
respectivelV.
7. Reporting Format
On completion of the audit of the respective Audit unit of each phase, the following steps
should be followed before finalisation of the report:-
7'1 The preliminary audit observations shall first be discussed with the concerned
Chief Engineer and the concerned GM Accounts/CP & AO/p &AO (Finance in-
chargeJ.
7.2 Pursuant to the above, the preliminary audit observation of the respective
Audit unit shall be prepared.
7.3 The salient audit observations of respective preliminary audi1 shall be
discussed with the concerned CP &AO and Chief Engineer so that the timely
corrective action can be taken and based on the outcome of the draft
composite Audit report covering all the offices/divisions in that paying unit,
including additional information, if any, that may be provided/obtained during
such discussions and rectifications carried out on the instance of audit.
7 '4 Based on the outcome of the discussions, the Audit Report thus complied shall
be structured as outlined hereunder:-
Part-l: Executive Summary of significant observations
Part-II: Action taken by the unit on previous Internal Audit Report
Part-III: Important items which, in the opinion of the Auditor, should be brought to the
notice of the Corporate Office
Part-IV: Matters which, though erroneous, are minor in nature and would be adequate,
rectified locally.
if
Part-V: Suggestions for systems improvement.
7'5 The Auditor shall submit a report of every paying unit separately which
should comprise of brief audit observation ol eacn ofpr" sepaiately under the
respective paying unit in that report.
11 lPage
8,1 The firm shall depute a dedicated team in the paying units that will report to the
designated officer of the corporate office.
8.2 The audit team should consists of one partner/qualified assistant with two [02) semi-
qualified assistants.
8.3 The head of the project [Chief Engineer] and the paying officer will coordinate with the
audit team for smooth functioning of the audit.
8.4 The auditor shall have a meeting with the head of the project at the beginning of the
audit and finalise the modalities and schedule of audit.
8.5 The audit team after completing the audit for the period should discuss their
observations/findings with the paying office with the paying officer and head of the unit
before finalising the report and obtain the signature of the head of the project or his
authorised representative in confirmation of having discussed the audit observations
with him.
8'6 The internal auditor should also give their observations about the internal control
system existing in the Corporation.
8.7 The internal Audit report should be signed by the partner of the firm.
B.B The auditor shall give prior intimation of date of audit to the concerned head of the
project/office and to the Director Finance at the corporate office.
B'9 The Auditor, if required may have to give a presentation on the consolidated reports of
the units assigned and may also have to attend the meetings of the Audit committee of
the JKPSDC.
8.10 A statement indicating the audit personnel deployed (designation) including the
visit of the partners and the period of audit of each paying units should form part
of report' Thc partner is expected to carry out the audit himself so that the entire
scope is covered in a systematic manner and to facilitate the reporting as per the
requirement.
12 lPage
B'11 The Auditor must hand over one copy of the report to the unit
head for necessary
compliance and send a copy of the full Report (in soft and hard both)
to the head
of Internal Audit cell in the corporate office (Director F'inance).
9. Professional Fee:-
9.L The professional fee for assignment shallbe as under:_
S No. Paying Unit Payment Rate
1. CP & AO BIIEP, CP & AO Rs.50000/year and TA + Stay will be as per
BARAMUI.LA, CP & AO JAMMU, CP actual payment or 20o/o of the Cost of
& AO SRINAGAR, CP & AO KANGAN. assignment whichever is lower.
2. GM [A) JAMMU, GM (A) SRINAGAR and TA + Stay will be as per
Rs.25000/year
CORPORATE OFFICE, CP & AO actual payment or 20o/o of the Cost of
KISHTAWAR, CP & AO PARNAI assignment whichever is Iower
3 P & AO KARGIL, P & AO LEH and TA + Stay will be as per
Rs.35000/year
actual payment or 20% of the Cost of
assignment whichever is lower
92 GST will be paid extra.
9.3 Professional fee shall be inclusive of all office expenses out of pocket expenses, cost
of
producing documents, making Power Point presentations before and other
IKSpDC stare
level forums as may be required or any other sundry charges, etc.
94 The Corporation will not be required to pay andf or reimburse anything over and above
the contract price except the TA and stay cost as per above and GST.
9.5 The offer should include all tax liability under income tax, service tax, professional tax
and any other tax applicable in J&K State or any other authority of the Gol or the State
Govt except the GST Cost,
l0.Payment Schedule::
10.1 Payment for the year 2017-18 shall be on the basis of B0o/o of the contract amount ol
that year on submission of report to the Corporate office and the balance 200lo shall on
the submission of Compliance report on the observations raised in the Internal audit
reporr.
L0'2 Payment of the year 201,8'19 & 2019-20 shall be on the basis of B0% of the c.nrract
amount of that year on submission of reports of that half yearly period and the balance
13 lPage
20% shall on the submission of Compliance report on the observations raised in the
Internal audit report,
10'3 The billshall accompanythe acceptance of report and the attendance certificate by the
concerned project head (Chief Engineer) and Chief Pay & Accounts Officer.
70.4 The Compliance report shall also be signed by the concerned project head (Chief
EngineerJ and Chief Pay & Accounts Officer.
11. Arbitration:-
In the event of any dispute or difference relating to interpretation and the application of
the provisions of the contract between the parties, same shall be settled to the extent
possible amicably between the parties. In case parties are unable to settle
the dispute,
Managing Director JKSPDC shall have the sole authority to appoint the arbitrator who
shall adjudicate upon the matter in controversy. The rule governing the proceedings
before the Arbitrator appointed by Managing Director
JKSpDC shall be in accordance with
the J & K Arbitration and Conciliation Act, 1.997 appointed and the rules made there
under. The venue of arbitration shall be within the state of I & K.
12. Submission of offer:-
12.1' The list of documents to be attached in the technical bid by the firm is as under:-
/ Standard format for submission of technical details as per the Annexure A
attached.
t z:fx::it i;:!r: * inrt; {{#::!''.'::"':^"'::
chartered Accountants of India and / Institute of cosi Accountants of
India. Information related to year of establishment of Head office &
",
Branch office[s), addresses, details of partners and their membership
no's. etc. as indicated in the certificate will be treated as conclusive and
final information for evaluation of bids.
'/ Copies of appointment orders for statutory audit/internal audit in
evidence of experience.
'/ All the bids will be evaluated on the basis of the documents furnished
along with application only.
'/ All submitted documents should be signed by a partner with his name and
under the seal of the firm.
Pertinently, the bidders have to upload the e-technical bids (Comprising photocopies
of
EMD, Cost of tender document and documents mentioned in clause
72.7 above).
The bidders have to upload the hordcopies of technical bids along
with the original copies
of EMD and cost of Tender Documents, in the office of GM, Accounts,
lammu in an envelope
14 lPage
super scribed "Notice inviting e-tenders (e-NIT)
Accountant/ cost Accountant
for the empanelment of chartered
firms for the assignmint of internal audit of
year 2077-79, Z07g-79 & 20Ig_20. JKSpDCL of the
13.Other terms and Condition:_
13'1 The selected firm shall not sublet or
assign the awarded job or any part
thereof.
13'2 The assignment shall be awarded to the
bidder whose bid has been determined to
be
substantially responsive to the bidding documents
technically qualified and empanelled
for the assignment.
13'3 The successful bidder shall be required
to furnish a performance security in the
shape of
D'D/ Bank Guarantee @ 5%(Five Percent)
of the assignment. performance security
wi1
be returned only on successful completion
of the assignment. EMD of the successful
bidder will be adjusted in the performance
security.
L3'4 EMD of all unsuccessful bidders shall
be released after determination of lowest
bidder.
13'5 The successful bidder shall maintain confidentiality in respect
of all
information/documents etc. during execution job.
of
13'6 The Bidder shall bear all costs associated
with the preparation and submission of its bid
and IKSPDC will in no case be responsible
or liable for those costs regardless of the
outcome of bidding process.
r3'7 IKSPDC reserves the right to accept or reject any bid,
and to annur the process and reject
all bids' at any time prior to the award of assignment,
without thereby incurring any
liability to the affected bidder or bidders.
13'B Taxes sha, be deducted at source as per
applicable raws.
L3'9 IKSPDC shall reserve the right to terminate the assignment at any point
of time if it is
convinced that the appointed auditor has
defaulted in timely supply of the services. In
that case, performance security of the Firm shall
be forfeited.
hu'Gandtoraj
al Manager Accounts
L, Camp Office, fammu
15 lPage k
No : -PD c/F in / Audft
| bs ryT Date: /( -ol-zorg
Copy to the:-
1. Director Finance
2. IKSpDC.
3' n' 'fammu for publishing the Gist
of NIT attached herewith in two
KSpDC websire.
rector,lKSpDCL.
and keep them in safe custodv.
1. Name of the Firm:
2. Registration No. of the Firm:
flnstitute of Chartered/Cost Accountants of India)
3. Date of Registration of the Firm:
4. Details of Head Office & Branch Office[s):
Head Office:
Address Date Of Contact No(s)/Fax E-mail
Establishment
Branch Offices:
Date Of Contact No(s)/Fax
Establishment
16 lPage
5. Details of Partners in the Firm Limited tiabili Partnershi
Membership crsA/DISA/
Name Of the Membership Status ISA or
partner No. ACA/ACMA/ Equivalent
FCA/FCMA Qualification
6. Details Of alified Assistants
Whether ACA/ Date of
ACMA/FCA/FCMA loining the
Membership Firm
Name of the Assistant CISA/DISA/ISA or as
No"
Equivalent Qualified
ualification Assistant
7. Details of Sem lified Assistants:
Whether Date of ioining the
Cost/Chartered Irirm as Semi-Qualified
Name of the Assistant With l,evel /Stage Assistant
of completion
B. Details of Experience of internal audit in Power sector : (if any)
Name of the ComPanY/ Unit Year of Audit
internal audit in other PSUs/ Government companies or
9. Details of Experience of
other companies (Other than Power Sector) ;-
Name of the CompanY/ Unit Year of Audit
lTlPage
8. Income tax pAN NO, Of the firm,
9. GST No. of
the firm.
10 Bank details of
1
2
3
4.
11. We confirm not taken any d
conditions, o s &
sealed on all
co
ents. A copy of
e and
ofacceptance ofa
n
Signature of partner with
Name & Seal of the Audit Firm,
Signature Not Verified
Digitally signed by BUNTY
Date: 2019.01.17 12:25:43 IST
18 lPage Location: Jammu and Kashmir
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