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Delhi Transport Corporation, New Delhi
June, 14th 2018
                                   DELHI TRANSPORT CORPORATION
                                        A GOVT OF NCT OF DELHI
                                    I.P. ESTATE: NEW DELHI-110002.

     No. Act./PF/2018/155                                                      Dated:-21.05.2018


     Sub:- Engagement of Chartered Accountant or Consultant for shifting the Employees
           Provident Fund Trust to EPFO.

1.     Background.

a. Delhi Transport Corporation (Govt. of NCT of Delhi) has its own PF Trust constituted since 1964
       and since then, its affairs are being managed by DTC EPF Trust under the Guidelines/Rules of
       EPFO exempted U/S 17 of the Employees Provident Fund and Misc. Provident Act 1952 vide Govt
       of Delhi Administration Gazette notification dated 13/06/1963 and execution of Trust deed dt.
       19/02/1964. While erstwhile DTU operated by MCD of Delhi. As on date, the PF Trust is having
       funds corpus to the tune of Rs. 1475 Crore ( Approx.) These Funds are presently invested by
       the EPF Trust in the FDs with Nationalised Banks, special deposit in RBI, Govt. Securities Etc.

b. Now, the DTC board vide its Resolution No. 36/2015 dt. 22/07/2015 and also endorsed by the DTC
       EPF Trust in its meeting dt. 22/07/2015 has resoled that the said Funds of the Trust may be put at the
       disposal of RPFC for better management of Funds. Accordingly, there is need of a consultant for
       smooth execution of the shifting of Trust work to EPFO.

2.      Scope of Work.
           The following shall be the brief scope of work of the consultant to be engaged.

1)     To help/guide the PF Trust in obtaining Cancellation/Surrendering of the exemption granted
       u/s 17(1) (a) of the EPF Act from appropriate govt. if required.
2)     To help/guide the PF Trust in transferring the Funds of the Trust available in the various Govt.
       Securities/FDs with the Nationalised Banks.






3)     To help/guide the PF Trust in reconciliation of funds Transferred / Balance Funds of
       Employees Share of Pension opted Employees.

4)     To submit the record of Assets and liabilities of the Trust and statements as per
       requirement of the EPFO.

5)     To help/guide the PF Trust in making the procedures/systems for granting/sanctioning
       the loans to the DTC Employees as well as for final settlement of retiring/retired
       employees after shifting work.

6)     Any other work (which is not covered in the above) relating to transfer of the Trust or
       the funds of the Trust. Finally, to obtain (from EPFO) or submit work completion
       certificate to DTC.
3. Eligibility Criteria.

    a. Any firm/consultant who has undertaken the shifting work of at least one PF Trust
       prior to this work or work in hand as on date. The documentary evidence with
       regard to experience of shifting the work of any trust to EPFO needs to be
       submitted along with price bid.

4. Periodicity of Visit:

    The firm/consultant shall visit this office at least twice in a week or thrice half
    day in week as per convenience of both the parties and as per requirement of the
    work of the Corporation.

5. Payment Terms.

    a. The payment (after deducting TDS) shall be made in two instalments i.e 50%
       payment after shifting the work/funds of PF Trust to the EPFO and remaining
       50% payment after submission of satisfactory work completion certificate by the
       firm subject to clause- 5 (b).
    b. DTC reserves its right to forfeit 10% amount of the contract value in the event of
       non-performance/unsatisfactory performance by the firm.

6. Submission of offer and opening of bids:

         The interested firms may submit their price bids along with signed tender
    document of DTC and the documentary evidence with regard to experience as
    mentioned in the clause-3 to the Dy. Manager (Tender Cell), Delhi Transport
    Corporation, Room No. 207, I.P. Estate, New Delhi-110002 in sealed cover, which
    must reach on or before 15-June-2018 by 1200 hrs. through speed post/courier/by
    hand etc.

        The offers/price bids received shall be opened on the same day at 1500 hrs. The
    offers received after due date & time shall not be entertained. The firms may attend
    the process of opening of bids on the above date, if they desire so.

 7. Validity of offer:
       The bidders shall keep their offers valid upto 90 days from the date of opening of
   bids.
8. Dispute Settlement:

      In the event of any dispute arising under these conditions of contract/performance
  of the firm, the dispute shall be resolved by both the parties with mutual discussions,
  failing which the matter shall be put up before the Chairman -PF Trust - DTC. The
  decision of the Chairman PF Trust shall be final and binding on both the parties.

9. Termination of Contract:

      DTC reserves its right to terminate the contract of the firm at any time without
  assigning any reason.






      I hereby agreed all your terms and conditions as enumerated above and undertake
  that entire documentation work of the modalities of transfer of DTC EPF Trust Funds
  to RPFC as per their satisfactions.


                                                                                    BIDDER
                                                      (Authorized Signatory of the Company)
                      DELHI TRANSPORT CORPORATION
                          A GOVT OF NCT OF DELHI
                       I.P. ESTATE: NEW DELHI-110002.

       No. Act./PF/2018/155                                    Dated:-21.05.2018


To,




Sub:- Engagement of Chartered Accountant or Consultant for shifting the
Employees Provident Fund Trust to EPFO.

Sir,

      DTC Employees Provident Fund Trust invites sealed quotations from the
consultants/professionals for shifting Trust to EPFO. Your are requested to quote your
consolidated rate + GST in the sealed envelope for the above said work as per timeline
prescribed in the enclosed limited tender document.

       Kindly, submit price bid along with signed tender document of DTC and the
documentary evidence with regard to experience as mentioned in the clause-3 to the Dy.
Manager (Tender Cell), Delhi Transport Corporation, Room No. 207, I.P. Estate, New
Delhi-110002 in sealed cover, which must reach on or before 15-June-2018 by 1200
hrs. through speed post/courier/by hand etc.

       The offers/price bids received shall be opened on the same day at 1500 hrs. The
offers received after due date & time shall not be entertained. The firms may attend the
process of opening of bids on the above date, if they desire so.



                                                                  (Rakesh Kumar)
                                                                  Dy. Manager (P.F)

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