Bank of Baroda invites RFP for Concurrent Auditors Appointment


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Request For Proposal

Bank of Baroda

Appointment of -1- Concurrent Audit Firm to carry out Concurrent Audits of Branches/CBOs/Other Units For each of the following Zones / Groups of Bank of Baroda Namely Ahmedabad Zone (Group-I), Chennai Zone, Kolkata Zone, Mumbai Zone (Group II), New Delhi Zone & Patna Zone for -12- months From 01-10-2021 to 30-09-2022

RFP Reference: RFP: CIAD: 113/1

RFP for Appointment of Concurrent Audit Firm to carry out Concurrent Audit of Branches/CBOs/Other units for -6- Zones/ Groups of the Bank

Request for Proposal (RFP) for Appointment of -1- Concurrent Audit Firm to carry out Concurrent Audits of Branches/CBOs/Other Units For each of the following Zones of Bank of Baroda Namely, Ahmedabad Zone (Group-I), Chennai Zone, Kolkata Zone, Mumbai Zone (Group II), New Delhi Zone & Patna Zone for -12- months From 01-10­2021 to 30-09-2022

Sr. No.ParticularsTimeline
1.RFP Issuance Date6th August 2021
2.RFP Co-ordinator
Telephone
E mail ID
Assistant General Manager
IS Audit Department, BCC Mumbai 022-66985284

[email protected]
3.Address for Proposal SubmissionAGM, IS Audit, 2nd Floor, Baroda Corporate Centre, C-26, ‘G’ Block
Bandra Kurla Complex, Bandra East Mumbai 400051
4.Last Date of Written request for Clarifications05.00 PM 18th August 2021
email – [email protected]
5.Reply to individual Pre–bid query05.00 PM 21st August 2021
Address: AGM, IS Audit, 2nd floor

Baroda Corporate Centre

C-26, ‘G’ Block

Bandra Kurla Complex, Bandra East, Mumbai 400051
6.Last Date of Submission of RFP Response (Closing Date)02.00 pm 31st August 2021
Address: AGM, IS Audit, 2nd Floor, Baroda Corporate Centre C-26, ‘G’ Block Bandra Kurla Complex, Bandra East Mumbai 400051
7.Opening of Eligibility Cum Technical Bid11.00 am 01st September 2021
Address: Baroda Corporate Centre C-26, ‘G’ Block Bandra Kurla Complex, Bandra East Mumbai 400051
8.Date for presentationEligible short-listed bidders may be invited for a presentation on the Technical Proposal at the discretion of the management. Date for the presentation will be communicated to the short-listed bidders. The Bank’s decision is final in this regard
9.Opening of Financial BidThe Financial Proposals 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.
10.Application MoneyINR 20,000/- (Rupees Twenty Thousand Only)
11.Proposal Security (Earnest Money Deposit or EMD)INR 50,000/- (Rupees Fifty thousand Only)
By DD/ Pay order payable on Mumbai or by Bank Guarantee issued by Scheduled Commercial Bank other than Bank of Baroda and should be valid up to 28-02-2022 (in the Format given in Annexure -12.)

Definition of Terms used in the RFP:

Following terms are used in the document interchangeably to mean:

1. “Assignment / Job/ Engagement” means the work to be performed by the selected Bidder pursuant to the Contract

2. “Bank or BOB” means Bank of Baroda

3. “BCC” means Baroda Corporate Centre, Bandra Kurla Complex, Mumbai

4. “Day” means Business day

5. “ICAI” means Institute of Chartered Accountants of India

7. “Proposal/ Bid/ Tender” means Response to the RFP Document

8. “RBI” means Reserve Bank of India

9. “Recipient, Respondent, Consultant and Bidder” means interested and eligible applicants responding to this RFP for Concurrent Audit

10. “Successful/ Selected Bidder” means the bidder selected as the successful bidder by the Bank in accordance with this RFP who is also referred to as ‘Concurrent Audit Firm’

Confidentiality
This document is meant for the specific use by the Firm/ person/s interested to participate in the RFP process. This document in its entirety is subject to Copyright Laws. Bank of Baroda expects the Firms or any person acting on behalf of the Firms strictly adhere to the instructions given in the document and maintain confidentiality of information. The Firms will be held responsible for any misuse of information contained in the document, and are liable to be prosecuted by the Bank in the event that such a circumstance is brought to the notice of the Bank. By downloading the document, the interested party is subject to the confidentiality clauses. 

Download Full Text of the RFP Document


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