Empanelment for Chartered Accountants Firms for Concurrent Audit of TIIC

Empanelment for Chartered Accountants Firms for Concurrent Audit of TIIC

Tamil Nadu Industrial Investment Corporation Limited invited application for RFP for Concurrent Audit Of Operations of their branches.

Details :

Date of Release of RfP

19.10.2021

Pre-bid Meeting

01.11.2021

Last Date for Proposal Submission

22.11.2021

Date of Opening of Technical Proposal (EMD and Technical Proposal)

23.11.2021 (R1 Region)
24.11.2021(R2 Region)
25.11.2021(R3 Region)
26.11.2021(R4 Region)

Tender Application Fee

Rs.1000/- plus GST @18% by Demand Draft in favour of “The TIIC Limited, Chennai”

RfP Coordinator & Telephone

The Head of the Dept. of IA&ISO Dept.
044-24331203 / 044-24306100

Address for proposal submission

The Tamilnadu Industrial Investment
Corporation Ltd.,
Head Office, 692, Anna Salai,
Nandanam, Chennai-600 035.

Email id

audit_tender@tiic.org

Note:

No bids shall be submitted via e-mail
/Fax and any bids submitted by e-mail
/Fax will not be accepted.

Last date of written request for Clarifications before pre-bid meeting

29.10.2021

Reply to individual pre bid query

09.11.2021

Last date of submission of RfP response (closing date)

11.00 a.m . on 22.11.2021

Opening of Eligibility cum Technical bid

11.00 a.m . on 23.11.2021 (R1 Region)
11.00 a.m . on 24.11.2021(R2 Region)
11.00 a.m . on 25.11.2021(R3 Region)
11.00 a.m . on 26.11.2021(R4 Region)

Opening of Financial Bid

The Financial proposal of only those who qualify in Technical proposal will be opened. The date for opening of the financial proposal would be communicated separately only to those bidders who are eligible and technically qualified.

Cost of Application

INR Rs.1000/- + GST @ 18%

By way of Demand Draft favouring “The Tamilnadu Industrial Investment Corporation Ltd.”(TIIC Ltd), Chennai.

Earnest Money Deposit or EMD

INR Rs.15000/- By way of Demand Draft favouring “The Tamilnadu Industrial Investment Corporation Ltd.”(TIIC Ltd), Chennai

Tender Inviting Authority

The Head of the Dept. of IA & ISO Dept.
TIIC LTD., HEAD OFFICE, CHENNAI-35

Tender Accepting Authority

The Chairman & Managing Director,
TIIC LTD., HEAD OFFICE, CHENNAI-35

IMPORTANT NOTICE

This tender procedure is governed by the Tamil Nadu Transparency in Tenders Act, 1998 read with Tamil Nadu Transparency in Tender Rules, 2000 as amended from time to time. In case of any conflict between the terms and conditions in the tender document, the Tamil Nadu Transparency in Tender Act, 1998, read with Tamil Nadu Transparency in Tender Rules,2000 shall prevail.

Critical Information Summary

• TIIC reserves the sole right for carrying out any amendments / modifications/changes including any addendum to this RfP. Such amendments / modifications / changes including any addendum to this RfP notified on TIIC’s website www.tiic.org will be binding on the bidders.
• Bidders are advised to study the tender document carefully. Submission of bids shall be deemed to have been done after careful study and examination of the tender document with full understanding of its implications.
• Any clarifications from bidder or any change in requirement will be posted in TIIC website. Hence, before submitting bids, bidder must ensure that such clarifications/changes have been considered by them. TIIC will not have any responsibility in case some omission is done by any bidder.
• In case of any clarification required by TIIC to assist in the examination, evaluation and comparison of bids, TIIC may at its discretion, ask the bidder for clarification. The response/clarification shall be in writing and no change in the price of substance of the bid shall be sought, offered or permitted.
• Please note that all the information required as per the bidding document needs to be provided. Incomplete information in bidding documents may lead to non-selection.
• Modification and/or withdrawal of Bids: Bids once submitted will be treated as final and no further correspondence will be entertained. No bid shall be modified after the deadline for submission of bids. No bidder shall be allowed to withdraw the bid.
• An eligible tenderer (Firm/LLP/company) can apply for Concurrent audit of one or more branches /Head office, subject to the above terms of eligibility. However, separate tender with separate EMD for each branch/head office shall be submitted.

The tenderer should submit each tender application with all the required/ relevant particulars, separately along with the tender application fees of Rs.1000/- plus GST @ 18% and EMD of Rs.15,000/-.

However, the tenderer (Firm/LLP/Company) shall be eligible for selection/appointment for only one branch or Head office as the case may be, which may please be noted.

• TIIC has the right to reject any or all bids received without assigning any reason whatsoever.

Note: TIIC SHALL NOT BE RESPONSIBLE FOR NON RECEIPT / NON DELIVERY OF THE BID DOCUMENTS DUE TO ANY REASON, WHATSOEVER.

DISCLAIMER

Information contained in this document for Request for Proposal (“RfP”) and/or subsequently provided to Tenderers, whether verbally and/or in documentary form by or on behalf of The Tamilnadu Industrial Investment Corporation Limited (“TIIC”) or any of its authorized employees (collectively referred to as “TIIC’s Representatives”), is provided to the Tenderers based on the terms and conditions set out in this RfP document and any other terms and conditions subject to which such information is provided. This RfP document is not an agreement and is not an offer or invitation by TIIC to any other party. The purpose of this RfP document is to provide interested parties with information to enable formulation of their proposal.

This RfP document does not purport to contain all the information each Tenderer may require. The Tenderers should conduct their own due diligence, investigations and analysis and should check the accuracy, reliability and completeness of the information in this RfP document and obtain independent advice from appropriate sources. TIIC or its Representatives make no representation or warranty and shall incur no liability under any law, statute, rules or regulations as to the accuracy, reliability or completeness of the RfP document and concerned with any matter deemed to form part of the RfP document, award of the assignment, the information and any other information supplied by or on behalf of TIIC or otherwise arising in any way from selection process. The prospective Tenderer will be responsible for all obligations to its staff, their payments, complying with provisions of law relevant for the working of the Tenderer’s staff.

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