THE COTTON CORPORATION OF INDIA LTD.
( )
(A Government of India Undertaking)
:U51490MH1970GOI14733
District Industries Center, Industrial Estate, Mettugadda Raod Mahabubnagar
Web site: http://www.cotcorp.org.in, http://www.ministryoftextiles.gov.in,E-
mail: mahabubnagar@cotcorp.com
No.: CCI/CA/IA/2018/ Date: 11.05.2018
TENDER NOTICE
The Cotton Corporation of India Ltd. invites sealed tenders in two bid system from
Chartered Accountants firms for the Appointment as internal auditors of branch
Sr. Blank Tender E. M. D
No. Particulars of the work document (Rs.)
Cost in Rs.
1. Tender for Appointment as Internal Auditors for
undertaking Internal Audit work of our
Corporation at the Branch Office NIL 5000/-
Mahabubnagar.
1. Blank tender forms for the said work are available at above address free of cost, on all
working days between 10.00 am to 5.00 pm up to date 31ST May 2018.
2. The Corporation has an online Internal Audit reporting system. The online Internal
Audit reports should be submitted to head Office on or before 11 th of the following
month.
3. Minimum monthly Consolidated Audit Fees Rs. 15,000/-(excluding applicable Taxes).
a. The monthly Consolidated Audit fee should be quoted inclusive of
TA/DA/Boarding/Lodging etc.
4. The firm may visit to our office on any working day till 31st May 2018 to understand the
operations of the Corporation and our Branch Office and to have a look into the Internal
Audit reporting system.
5. The engagement of Internal Auditor will be initially for the Financial Year 2018-19
beginning from 01.04.2018 to 31.03.2019. The Corporation reserves its right to cancel
the engagement prior to expiry of the tenure, in case services are not found
satisfactory. In case of the satisfactory performance the period of engagement may be
further extended by one year each for total two years at existing terms and conditions.
6. The tender documents can also be downloaded from the Corporation's web site i.e.
www.cotcorp.org.in or from the government tender portal i.e. www.eprocure.gov.in
7. Earnest money amounting to Rs. 5,000/- (Rupees five thousand only) in the form of
Crossed Demand Draft/Pay Order/Banker's Cheque drawn on any Scheduled Banks
drawn in favour of THE COTTON CORPORATION OF INDIA LTD., payable at
Mahabubnagar must accompany each tender. Any Tender not accompanied by the
requisite Earnest Money and other documents or documents that are not complete, will
be rejected.
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8. Tenderer should submit the tender as under:
Envelope A (Technical Bid-I with all enclosures and EMD)
Envelope B - (Financial Bid-II),
Envelope C: Envelope "C" should contain both Envelope "A" & Envelope "B"
Each envelope be super scribed as"Tender for Appointment as Internal Auditors
for undertaking Internal Audit work of our Corporation at the Branch Office
Mahabubnagar" and should bear the full address of tenderer at left side bottom.
9. The sealed tenders must be submitted/dropped in the Tender Box placed on The
CCI Ltd, District Industries Center, Industrial Estate, Mettugadda Road,
Mahabubnagar upto 2:30 PM on 01 JUNE, 2018.
10. Technical/Financial Bids of the tenders shall be opened on the same day i.e. on 01
JUNE, 2018 at 03.30P.M. in the presence of tenderers who may wish to remain
present.
THE CORPORATION RESERVES ITS RIGHT TO ACCEPT OR REJECT ANY TENDER(s).
HOWEVER, PARTY MAY SEEK THE REASONS FOR REJECTION FROM THE
CORPORATION.
BRANCH HEAD
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TENDER DOCUMENT
Tender for Appointment as Internal Auditors for undertaking Internal Audit work of
Branch Office - Mahabubnagar
TECHNICAL BID- I
INDEX
Sr. Page
Particulars No.
No.
1 Notice inviting Bids 4
2 Guidelines on Internal Audit 5&6
3 Scope of Work 7 to 11
4 General Terms and Conditions 12 & 13
5 Eligibility criteria for evaluation of Tenders 14 & 15
6 Format of Undertaking to be submitted along with 16
Technical Bid
7 Submission letter of Tender Document and 17
Declaration
8
18
Check list for tender documents
9
19
Financial Bid
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THE COTTON CORPORATION OF INDIA LTD.
CBD BELAPUR, NAVI MUMBAI.
Tender for Appointment asInternal Auditors for undertaking the Internal Audit work
of our Corporation at the Branch Office - Mahabubnagar
Notice inviting bids
The Cotton Corporation of India Ltd., Navi Mumbai intends to appointment Chartered
Accountant firm as Internal Auditors for undertaking the Internal Audit work of our
Corporation at the Branch Office Mahabubnagar
Introduction:-
The Cotton Corporation of India Ltd (CCIL), is a Government of India Undertaking under
administrative control of Ministry of Textiles. As per mandate given by the Govt. of India, the
Corporation is a nodal agency to undertake Minimum Support Price (MSP) operations without
any quantitative limit as and when the prices of raw cotton touch to the support price
announced by the Govt. of India.
In the event of kapas prices ruling above MSP level, Corporation undertakes commercial
operations at its own cost for supply of cotton to mills in the State sector as well as private
sector. All these operations are dovetailed to benefit the cotton growers on the one hand and
supply of quality cotton to the textile mills on the other hand.
Operation:-
The Corporation undertakes Kapas (Seed Cotton) purchase operations in various
APMC's/Market yards in all 11 cotton growing states at about 300 centres/APMCs under 15
branch offices. Further, Corporation has 2 sales branches situated at Coimbatore and Kolkata
and one godown at Kalamboli, Navi Mumbai. Its Head office is at CBD Belapur, Navi Mumbai.
The kapas is purchased directly from the cotton farmers except in the northern states where
it is through the commission Agents. The kapas purchased is processed in the various Ginning
and Pressing factories engaged before the beginning of the cotton season through tender
process. The Fully Pressed Bales (FP bales) are stored in nearest available
CWC/SWC/Cooperative/private godowns. The FP bales are sold in domestic and
international market to the registered buyers through e-auction on daily basis. The by-
product i.e. cotton seed is also sold on day to day basis through e-auction. The other
miscellaneous items vizGinjump, cowdy, RP/YP Bales, cotton waste are sold at Branch level at
the end of the cotton season.
Apart from cotton trade, the Corporation let out its surplus office space available at some
branches and head office on rental basis. In addition to rent, the common expenses are shared
as per agreed terms and GST is collected.
Existing Accounting software (ERP):-
The Corporation is having Oracle E-biz Suite R-12 Platform and has Sales & Marketing,
Inventory, Accounts Payable, Accounts Receivable, General Ledger Module and Human
Resources (HR) Modules in operation.
For more information, bidder may visit CCIL website i.e. www.cotcorp.org.in
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THE COTTON CORPORATION OF INDIA LTD.
CBD BELAPUR, NAVI MUMBAI.
Guidelines on Internal Audit
Introduction:-
The Cotton Corporation of India Ltd. is a Government of India undertaking under
administrative control of Ministry of Textiles. As per mandate given by the Govt. of India, the
Corporation is a nodal agency to undertake Minimum Support Price (MSP) operations without
any quantitative limit as and when the prices of raw cotton touch to the support price
announced by the Govt. of India. In case the prices of raw cotton are above support price, the
Corporation undertakes Commercial Purchase (CP) operations at its own risk and cost.
Operation:-
The Corporation undertakes kapas (Seed Cotton) purchase operations in various
APMC's/Market yards in all 11 cotton growing states. The kapas is purchased directly from
the cotton farmers except in the northern states where it is through the commission Agents.
The kapas so purchase is processed in the various Ginning and Pressing factories engaged in
the beginning of the cotton season through tender process. The Fully Pressed Bales (FP bales)
are stored in nearest available CWC/SWC/Cooperative godowns. In the absence of sufficient
godowns the stocks are also stored in private godowns on need basis. The byproduct i.e.
cotton seed is sold on day to day basis at branch level and lifted by the buyers from the
concerned Ginning and Pressing factories.
Internal Audit set up:
Presently, the Corporation is having inhouse Internal Audit (IA) system which is in the
nature of concurrent audit. At each branch an internal audit officer is posted who is having an
experience of about 20-30 years in the Corporation. In some of the branches he is assisted by
a staff member. The internal audit officer also visiting operating centres/factories/godowns
and submits tour reports immediately after completion of tour to the branch office under copy
to head office. He also submits internal audit report on monthly basis.The scope of the internal
audit firm functions covers all the area of the operations. The functions, roles and duties of
Internal Auditor to ensure that all the areas of operations are covered, records are maintained
upto date and the various laid down procedure and policies of the Corporation are
implemented.
With a view to have independence of the internal audit and to further strengthen the
internal audit system in the branches, the Corporation proposes to appoint reputed, well
experience Chartered Accountants firms to undertake the internal audit work at some of the
branches as a pilot projects.
The following are the broad guidelines for internal audit functions, roles and duties:-
A) Objectives of Internal Audit
Internal audit is an independent appraisal function of the Corporation. It objectively
examines, evaluates and reports on the internal control systems after through verification. The
internal audit should exercise due care in fulfilling his responsibilities. It should adequately
plan, control and record his work on daily basis. It should identify and evaluate the
organization's internal control system as a basis for reporting upon its adequacy and
effectiveness.
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The internal auditor should ensure that findings, conclusions and recommendations
arising from internal audit work are communicated promptly to the Branch under intimation
to Head office and should seek response on the same. He should ensure that arrangements
are made to follow up audit observations to monitor what action has been taken on them. He
should be able to exercise judgment, express opinions and present recommendations with
impartiality. The internal audit, notwithstanding his employment by the Corporation, should
be free from any conflict of interest.
B) Organizational relationships
The internal audit prepares the internal audit plan in consultation with the Branch/Head
office so as to identify the areas of concern. Matters which arise in the course of the audit be
discussed directly with the Branch. Further, the discussions and comments of the Branch is
necessary on the monthly audit report. The Internal audit is an independent appraisal function
within the organization whereas the statutory auditor has a statutory responsibility to express
an independent opinion on the financial statements. The internal audit will be required to
allow access to the records and reports to the Statutory/CAG audit as and when conducted.
Since internal audit evaluates an organization's internal control system the Statutory/CAG
audit may need to be satisfied that the internal audit function is being planned and performed
effectively..
C) Performance and Control.
The internal audit should be able to show that his work has been performed in a way
which is consistent with this guideline. The internal audit should possess a knowledge of the
aims of the Corporation and the internal control system and aware of the relevant applicable
laws.
Internal audit work should be planned, controlled and recorded in order to determine
priorities, establish and achieve objectives, and ensure the effective and efficient use of audit
resources. Internal audit is needed to ensure that internal audit objectives are achieved and
work is performed effectively. The internal audit needs to be able to ensure that work
delegated has been properly performed and detailed working papers are maintained.
The main objective of the internal Audit is to ensure adherence to management policies
and directives, safeguard of assets, completeness and accuracy of records and compliance
with statutory requirements etc.
D) Reports
Before issuing the final report, the internal auditor should normally discuss the contents
with the Branch Head, and may submit a draft report to them, for confirmation of factual
accuracy and their comments. Final monthly internal audit report is required to be submitted
to the HO under copy to branch. The Audit report should include audit findings, Comments of
the branch, recommendations and conclusions of the audit. The monthly internal audit reports
as well as visit reports received from the Internal Audit Officers are reviewed at Head Office.
The reports should be self-explanatory.
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SCOPE OF WORK
1. At the Branch level:
The various functions, roles and duties at branch level are broadly defined as under
a) Maintenance of proper records & registers
To verify that all the records, registers and books of accounts are maintained
properly and are up to date in ERP.
The records are retained as per prescribed retention schedule.
b) Purchases:
In case of MSP Operations, the purchases are made as per MSP guidelines and
proper deductions are made towards below FAQ parameters as per MSP norms.
All the deductions are recorded on the back of bidding slips/takpatti.
In case of Commercial operations purchases are made within ceiling given by the
HO.
The average rate of kapas tally with that of DPR. The guidelines on
"Standardization of purchase procedure and documentations for purchase
payments" are implemented. APMC has certified the identity of the farmer and
consolidated Certificate is obtained from the APMC wherever applicable, gate-
pass has been issued by the APMC/CCI for shifting of kapas from Mandi to
Factory, Certificate of ginning entry/receipt of kapas duly certified by the factory
owner/authorized representative of the factory, kapas is weighed in the market
yard and the weighment slip is duly issued by APMC and is duly signed by APMC,
CCI and the farmer, test weighment has been carried out by CCI representative
in the factory. Proforma expenses are verified.
Kapas purchase payments are released either through RTGS/cross Account
Payee Cheques only.
Proper registers including bill inward registers are maintained.
Private godowns are hired after obtaining HO approval and following usual
tender procedure.
c) Sales
FP Bales contracts are raised as per HO sales confirmation.
Signed contracts, initial deposits against FP Bales, Exports, Cotton Seed, Misc.
items are received from the buyers promptly.
delivery orders are issued after receipt of full payment including carrying
charges
Letter of Credit (L/C)/ Bank Guarantee (BG) are opened as per CCI standard
format and documents against L/C/BG are submitted to bank/dispatched to
coordinating branches in time. The payments are realized from the banks in time.
Unlifted position of bales/cotton seed is reviewed from time to time and advance
CC is received against unlifted stocks wherever applicable.
The invoices have been raised properly and as per contract terms. The
debit/credit notes are raised simultaneously with invoices.
Dues under MOU, Debtors and buyers' accounts are reviewed periodically.
Shortages between press to delivery weight and to quantify the losses, in
abnormal cases.
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d) Insurance
The Insurance business is allocated to various Insurance companies after
following proper tendering process.
Adequate advance deposit is maintained with insurance companies.
Assets/stocks situated at branches/centres/godowns are properly and
adequately insured for various risks as per HO guidelines.
The policies are received in time and as per advice issued by Centres.
Refunds on cancellation/reduction of policies are received in time.
Insurance claims, if any, are timely submitted to the concerned Insurance
Company and settled in time.
Insurance policy register is maintained up to date.
e) Cash and Bank
Petty cash vouchers and bank vouchers are maintained properly.
Physical verification of cash periodically.
Bank reconciliations of all banks are carried out on monthly basis and no old
entries outstanding in reconciliation.
Funds are utilized on day to day basis and surplus fund are remitted to HO on day
to day basis.
f) Payments
To verify execution of agreements with G&P factories, transporters, Labour
contractor.
Payments towards Kapas purchases, Market Cess, Ready Bales, Ginning &
Pressing, Labour, Storage, Transportation, Brokerage, TMC/extension activities,
AMC, employees' payments, Building Maintenance, Repairs & renewals, Printing
& Stationery, Various Administration and Other incidental are released in time
and as per terms of agreement/work order.
g) Legal
To verify that the loss on resale is calculated as per contract terms.
Legal actions against defaulted buyers are initiated in time after following usual
procedure.
Timely actions are taken by the branches for the cases filed against the
Corporation.
Legal/advocate fees are finalized with prior approval of the Head Office.
h) Compliance of provision of various Acts.
TDS, PF and other statutory deductions are made from various payments as per
prevailing acts.
Payment of minimum wages under Minimum Wages Act, Market Cess on
kapas/cotton seed as par APMC Act are adhered to.
Compliance of Arbitration and Conciliation Act while filing legal cases.
Various assessments and appeals are attended in time.
Timely collection of pending Sales Tax Forms.
Payment of statutory dues within stipulated time.
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Timely issuance of TDS certificates to the parties.
Timely filing of Monthly/Quarterly/Annual Returns.
Deposit to the extent of additional tax liability for pending `C' forms are retained.
i) Review of Reports
To review various Reports, Overheads, Monthly/Quarterly/Half Yearly/ Annual
Accounts, minutes of Branch sales & purchase committee/Cotton seed
sales/tenders committee etc.
Review of heap results and test results.
Review of lifting position of bales/cotton seed and other items.
To verify the opening balances as on 1st April with the audited accounts, review
of the monthly trial balance, sundry debtors/creditors/advances ledgers in ERP.
j) Other duties
To check Salary/medical/TA/LTC bills and other employees' claims, leave
records, leave encashment, service record, annual increments, periodically
physical verification of assets, stock of Printing & Stationary items,physical
verification of assets at the end of financial year i.e as on 31 st March.
Verify physical verification Report of Independent Agency and its reconciliation
with the branch records.
TA and Sundry advances are not remained unadjusted for more than three
months.
Various guidelines issued from HO are implemented by the branches.
2) Visit to the procurement Centres/APMCs/Godowns etc
During the procurement operations, internal auditor makes frequent visits to the
centres/godowns to check and verify the operations of the centres and submit their visit
report immediately to the branch under copy to Head Office (HO). Looking to the
seasonal nature of operations the internal audit mainly concentrates on field operations
during procurement operations. They carry out frequent visits to various ginning and
pressing factories, APMCs, Godowns etc. and submit the tour reports to the branch head
for necessary action under copy to Head Office. The Head Office has issued the
guidelines from time to time. However, the scope of the audit during centres visit is
broadly defined as under:-
It is ensure that the kapas purchase operations are carried out in the regulated
market yards.
The agreements for transportation of kapas from market yards to the factory,
transportation of bales to godowns are duly executed after following the usual tender
process.
The market fees are paid to the APMCs within stipulated time.
The Kapas purchases are made as per MSP guidelines (in case of MSP operations)
and standard procedure for procurement and documentations are strictly followed
at all the centres. The necessary deductions such as excessive moisture, micronaire
values etc are made from MSP price of kapas as per FAQ parameters fixed by the
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government and duly recoded on bidding slips/bills. The kapas purchase bills
alongwith necessary APMC and factory certificates are submitted to the branch
promptly for release of kapas purchase payments to the cotton farmers
In case of commercial operations, the purchases are made within the ceiling
provided by head office.
All the centres/godowns are visited during the cotton season.
The Standard Operating Procedures (SOP) for prevention and control of fire incidents
are followed at all the G&P Factories and godowns. The proper follow-ups on the
observations made during the visits are made.
The record of petty imprest and vouchers of various expenses are maintained
properly and serially at the centres.
Proper heaps of kapas are made and heap results are submitted to the branch in time.
Inward outward registers, stock registers, processing registers, insurance record,
packing material stock register, tarpaulins record, miscellaneous item stock
register, officer's visit book etc are properly maintained at the factories, centres and
are up to date. All prescribed daily/weekly/monthly/quarterly reports are
submitted to the branch in time. The samples are timely drawn and dispatched for
testing.
After pressing, the bales are immediately shifted and stored to the nearest godowns.
The proper receipts of bales are collected from the godowns. It is ensured that
storage agreements are made. The necessary security arrangements, adequate
coverage of insurance of the stocks in godowns are made.
The cottonseed sale is made as per the procedure on day to day basis and proper
minutes are made. The cottonseed is delivered by the centres after collection of full
amount including due amount of carrying charges if any.
After delivery of bales and cotton seed the delivery documents are submitted to
branch immediately.
To check the experimental out turn (EOT), shortages, press weight of the bales, tare
weight and also random checking of weight at the time of delivery of the bales.
In case of bales stored under GSF, to verify receipt of GSF Agreement, maintenance
of GSF stock registers, reconciliation of GSF stock with that of dispatching branch etc.
To physically verify stock of kapas, FP Bales, other stocks such as tarpaulins, grey
cloths, boundaries, pallies etc. in the factory/godowns from time to time. To obtain
stock certificates duly signed by the authorized representative of the factory/godown
and to reconcile the physical quantity with the stock registers record.
In case of any fire incidence the salvage operations are carried out promptly at
centre, all documents relating to claims are promptly submitted to the Branch.
3. No. of Visits to Branch, Centres and Godowns:
In respect of visits to branch, Centres and godowns should be as under:
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Visit to branch should be at least for 12 man days in a month.
Visit at least 6 centres/Factories/godowns in a month.
A certificate of visits to branch, centres, Factories/Godown duly certified by branch
head is required to be attached with the monthly Internal Audit Report.
The above functions, role and duties are illustrative and not exhaustive.
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The Cotton Corporation of India Ltd.
(Branch Office - Mahabubnagar)
General Terms and conditions
1. The Cotton Corporation of India Limited shall not be responsible for any expense incurred
by bidders in connection with the preparation and delivery of their bids, site visit,
participating in the discussion and other expenses incurred during the bidding process.
2. Evaluation of technical Bid-I shall be as per elegibility criteria and finacial Bid of the
tenderer shall be opened only if it qualifies the technical Bid-I .
3. Earnest Money deposit amounting to Rs. 5,000/- (Rupees five thousand only) in the form
of Crossed Demand Draft/Pay Order drawn on any scheduled banks in favour of The
Cotton Corporation of India ltd., payable at Mahabubnagar must accompany the Technical
Bid-I.
4. The EMD of Rs 5,000/- of the successful Bidder shall be released after successful
completion of work alloted.
5. Minimum monthly Audit Fee:
a. The minimum audit fee will be Rs. 15,000/-(excluding applicable Taxes).
b. The fees should be quoted is inclusive of TA/DA/Boarding/Lodging etc.
6. The minimum cosolidated fees for the assignement has been fixed. In case, the minimum
fees is qouted by more than one firm, the oldest firm (based on the date of
registration/incorporation) shall be treated as L-1.
7. The L-1 firm will be allotted the monthly audit work. However, in case his audit
performanace not found satisfactory, the firm can be removed after giving one month
notice during the engagement period of one year. In this case the next firm in the line of
L-1 shall be called upon to acept the engagement provided he agrees for L-1 consolidated
fee. The fees shall be inclusive of TA/DA/Boarding Loging etc.
8. The rates must be quoted exclusive of all applicable taxes.
9. The successful bidder shall indemnify the Ccorporation against all third party claims of
infringement of Patent, trademark,rights arising from the use of the services or any part
therof in the Cotton Corporation of India Limited.
10. CCI reserves the right to accept or reject any Bid and to annul the Bidding process and
reject all Bids at any time prior to award of contract without assigning any reason
whatsoever, without thereby incurring any liability to the affected Bidder or Bidders or
without any obligation to inform the affected Bidder or Bidders of the grounds or the
reasons for the said action. However, bidder may ask the reasons of these actions.
11. The Bidder is expected to examine the bidding document, including all instructions
carefully. Failure to furnish all information required as per the Bidding Document may
result in the rejection of the Bid.
12. If the tenderer neglects or refuses for their rates quoted after submission of their tender
or to comply with the conditions of the tender or any of them, the earnest money deposit
already paid may be forfeited. This is applicable in case of the party surrenders it self /
himself from their rates quoted and not ready to execute even if fit for award of work by
the corporation or back out from the work by keeping it incomplete.
13. Confidentiality clause:
The successful bidder must not disclose the confidential information obtained from the
corporation to anyone unless required to do so by law and shall maintain confidentiality.
The successful bidder to whom the work is allotted shall carry out the job at their own and
will not sub-let this work to any other Agency/Organization.
14. The Corporation also reserves its right to cancel the engagement if the performance is not
found satisfactory and may forfeit the EMD paid at the time of tender.
15. In case of any dispute or difference arising out of or in relation to this work, same shall be
governed by the Arbitration & Conciliation (Amendment) Act 2015. An Arbitrator (other
than an employee of the Corporation) to be appointed by the Competent Authority of The
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Cotton Corporation of India Ltd., whose decision shall be final and binding upon the
parties.
16. Force Majure: If any time, during the continuance of this contract, the performance in
whole or in part by either party or any obligation under this contract shall be prevented
or delayed by reason of any war, or hostility, acts of the public enemy, civil commotion
sabotage, fires, floods, explosions, epidemics, quarantine restrictions, strikes, lockouts or
act of God (Herein after referred to as events) provided notice of happenings, of any such
eventuality is given by either party to the other within 21 days from the date of occurrence
thereof, neither party shall by any reason of such event be entitled to terminate this
contract nor shall either party have any such claim for damages against the other in respect
of such non-performance or delay in performance, and deliveries under the contract shall
be resumed as soon as practicable after such event may come to an end or cease to exist,
and the decision of the corporation as to whether the delivery have been so resumed or
not shall be final and conclusive, provided further that if the performance, in whole or part
of any obligation under this contract is prevented or delayed by reason of any such event
for a period exceeding 60 days either party may, at his option terminate the contract.
We hereby agree with all the terms and conditions of the tender and we hereby undertake
to abide by same.
Signature and seal of tenderer
Name
Capacity /authority to sign
Full address:
13
Technical Bid-1
ELIGIBILITY CRITERIA FOR EVALUATION OF TENDERS
1. Name of the firm: M/s._____________________________________
Official
Address:_________________________________
_________________________________________
City: -________________ PIN: - ______________
Tel.No. _______________
Mobile No. ______________________________
Email.____________________________________
1a. Date of establishment/incorporation of Firm _____________________________________
1b. Blank tender documents had from office YES NO
1c. Blank tender document down loaded from CCI's YES NO
web site.
2. Earnest Money Deposit Amount Rs. 5,000/-& its Rs. 5,000/- (Rupees five thousand only)
details:
Drawn on ________________________________
Vide DD/PO No.__________________________
In favour of The Cotton Corporation of India
Ltd., ____________ is enclosed.
3.
A. Income tax Permanent Account Number A. PAN No.
(Self attested Copy of the same shall be
enclosed)
B. GST No. (Self attested copy of the same shall be B. GST No. _______________________________
enclosed)
C. The registered Chartered Accountant firm must C. The copy of registration certificate of the
have atleast 10 years experience in Auditing of firm.
Accounts.
(The copy of registration certificate of the firm] attached: Yes / No
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D. The bidder firm must have experience of conducting D. Copy of engagement letters/assignment
Audit (Statutory Audit and Internal Audit) of at least certificates attached : Yes / No
two central Govt./State Govt./ PSU during last 5 years.
(Self attested copy of appointment/ engagement
letter issued by the department must be attached)
A. The bidder entity/ any partner/ Director of the E .Undertaking attached : Yes / No
entity should not have been convicted in any
disciplinary proceedings/criminal case by
regulatory authority/court in connection with
professional work. Bidder should not be in black
list of any PSU or Govt. Department. Bidder to
submit an undertaking in this respect as per
relevant form. (Self undertaking to be attached).
B. The bidder should have office/branch office in F. Complete Address and other details
the region of our Branch Office. attached : Yes / No
(Complete address of the branch office along with the
details of contact person and his phone number should Address of Office :
be submitted on letter head of the Firm)
Signature and seal of tenderer
Name
Capacity /Authority to sign
Full Address:
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The Cotton Corporation of India Ltd.
(Branch Office-Mahabubnagar)
Format of undertaking to be submitted along with TechnicalBid Undertaking
(To be stamped and signed by the authorized signatory on letterhead of bidder and be
attached with Technical Bid.)
We hereby confirm that all the documents submitted in this tender are authentic,
genuine, copies of their originals and have been issued by the issuing authority mentioned
above and no part of the document(s) / information is false, forged or fabricated.
We hereby confirm that our Bid complies with the total technical-commercial
requirements/ terms and conditions of the Bidding Document and subsequent
addendum/corrigendum (if any), issued by CCIL, without any deviation/ exception/
comments/ assumptions.
We hereby confirm that we are not under any 'liquidation', any 'court receivership' or
similar proceedings and 'bankruptcy'. We hereby confirm that any partner / Director of the
entity have not been convicted in any disciplinary proceedings / criminal case by
regulatory authority (ies)/ court in connection with professional work. We further confirm
that, we have not been in negative list / blacklisted by any Public Sector Undertaking /
Government Organization / CCI Limited. We also confirm that the contents of this Tender
have not been modified or altered by us. We agree that if any noticed in future, our Bid may
be rejected / terminated.
We hereby confirm that we have gone through and understood the Bidding Document
and that our Bid has been prepared accordingly in compliance with the requirement
stipulated in the said documents.
Date: Signature with seal of the firm
Place: Name & Full address:
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Date: ________________
To,
The Cotton Corporation of India Ltd.
District Industries Center, Industrial Estate
Mettugadda Road, Mahabubnagar-509001
Telangana
Sub: Tender for Appointment as Internal Auditors for undertaking Internal Audit
work of our Corporation at the Branch Office - Mahabubnagar
Dear Sir,
1 I/We have read and understood all the terms & conditions of the tender and other
instructions and hereby undertake to abide by them.
2 I/We are enclosing herewith, Demand Draft/ Pay Order No. ______________ dt.
________ in your favour, towards earnest money deposit of Rs.5,000/-.
3 I/We have filled and signed each page of the tender documents and the same are
enclosed here with
Signature and seal of Tenderer:
Name:
Capacity /authority to sign:
17
CHECK LIST FOR TENDER DOCUMENTS
Please make tick () Mark
1. a. Blank tender document obtained from office Yes No
b. Tender document downloaded from web site Yes No
2. Earnest Money Deposit Amount of Rs. 5,000/- in favour of The Cotton Yes No
Corporation of India Ltd., Mahabubnagar is enclosed.
3. Registration of various authorities and their Nos . for Eligibility
Criteria (Self attested Copies of the same shall be enclosed)
a. PAN issued by Income tax authority (Govt of India), Yes No
(Self attested Copies of the same shall be enclosed)
b. GST No. Yes No
(Self attested Copies of the same shall be enclosed)
c. The registered Chartered Accountant firm must have atleast 10 Yes No
years experience in Auditing of Accounts.
(The copy of registration certificate of the firm)
d. The bidder firm must have experience of conducting Audit Yes No
(Statutory Audit and Internal Audit) of at least two central
Govt./State Govt./ PSU during last 5 years. (Self attested copy of
appointment/engagement letter issued by the department must be
attached)
Sr Name of the Company Date of Mode of Assignment
No. (Central Govt./ State Assignment (Statutory
Govt./PSU) Audit/Internal Audit)
1
2
3
(Self-attested Copies of two assignment completion certificates/engagement
letters issued by the concerned departments should be enclosed)
e. The bidder entity/any partner/Director of the entity should not Yes No
have been convicted in any disciplinary proceedings/criminal case
by regulatory authority/court in connection with professional work.
Bidder should not be in black list of any PSU or Govt. Department.
Bidder to submit an undertaking in this respect as per relevant form
(self undertaking to be submitted along with Technical Bid).
Signature and seal of Tenderer
Name
Capacity /authority to sign
18
Full address:
(To be submitted on the letter head of the Firm)
Date: _______________
FINANCIAL BID
Tender for Appointment as Internal Auditors for undertaking Internal Audit work at the
Branch Office - Mahabubnagar
I/we hereby submit our Financial Bid for profession fees for undertaking Internal Audit work
of your Brach Office - Mahabubnagar as under:
S. No. Particulars Professional Fees
(Excluding applicable
Taxes)
1 Minimum Monthly Internal Audit Fee Rs.______
(Consolidated)
(In words : Rupees ______________________________________________________)
i) The monthly Consolidated Audit fee should be quoted inclusive of
TA/DA/Boarding/Lodging etc.
ii) Consolidted Audit Fee will be paid on submission of bill alongwith Monthly Internal
Audit Report.
iii) The fees quoted above is exclusive of all applicable taxes.
We hereby agree with all the terms and conditions of the tender and we hereby undertake to
abide by same.
Date: Signature with seal of the firm
Place: Name & Full address:
19
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