| Tender number | RBI/Kanpur/HRMD/2/19-20/ET/9 |
| Date of publication of NIT | Sep 03, 2019 |
| Nature of work | Appointment of Concurrent Auditors for the year 2019-20 i.e. October 01, 2019 to September 30, 2020 by Reserve Bank of India, Kanpur |
| Mode of tender enquiry | Limited |
| Type of bidding (single/two bid system) | Two bid system (Technical Bids & Financial Bids) |
| Last date of receipt of tender | Aug 08, 2019 |
| Number of tenders received | 10 (Ten) |
| Nos. and names of parties qualified after technical evaluation | 08 (Eight)
i. A KAY MEHRA & CO
ii. B C JAIN & CO
iii. J N SHARMA & CO
iv. PANDEY & CO
v. RAJIV MEHROTRA & ASSOCIATES
vi. S K KAPOOR & CO
vii. SUDHINDRA JAIN & CO
viii. V P ADITYA & CO |
| Nos. and names of parties not qualified after technical evaluation | 2 (Two)
i. GUPTA & SHAH
ii. NAWAL KISHORE & CO |
| Commercial Bid Ranking, if any |
| Rank |
FIRM NAME |
Technical Bid marks |
| 1 |
B C Jain & Co |
75 |
| 1 |
J N Sharma & CO |
75 |
| 3 |
V P Aditya & CO |
70 |
| 4 |
Pandey & CO |
65 |
| 5 |
S K Kapoor & CO |
65 |
| 6 |
Sudhindra Jain & CO |
65 |
| 7 |
A Kay Mehra & CO |
60 |
| 8 |
Rajiv Mehrotra & Associates |
60 |
|
| Final Ranking, if any | | Rank | FIRM NAME | Technical Bid marks (a) | Financial Bid marks (b) | Grand Total 0.60 (a) + 0.40(b) = (c) | | 1 | B C Jain & Co | 75 | 100 | 85 | | 1 | J N Sharma & CO | 75 | 100 | 85 | | 3 | V P Aditya & CO | 70 | 100 | 82 | | 4 | Pandey & CO | 65 | 100 | 79 | | 5 | S K Kapoor & CO | 65 | 100 | 79 | | 6 | Sudhindra Jain & CO | 65 | 100 | 79 | | 7 | A Kay Mehra & CO | 60 | 100 | 76 |
| 8 |
Rajiv Mehrotra & Associates |
60 |
90 |
72 |
|
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes, tender is awarded to L1. However, upon final evaluation, for rank one there was tie between B C Jain & Co and J N Sharma & CO. As stipulated in the evaluation criteria and terms & conditions of the tender, the case of tie may be resolved by giving additional weightage to the firm that has higher number of years of experience, or more number of FCA partners or longer association of partners with the firms, or more number of key professional staff/skilled staff or more number of years of experience in the bank and /or RBI audits, with these parameters been sequentially considered in order of which they have been listed out under the technical evaluation criteria. Accordingly, additional weightage given to ‘J N Sharma & Co’ for having higher number of years of experience than ‘B C Jain & Co’ and hence, the tender awarded to ‘J N Sharma & Co’. |
| Contract number and date | कान.मासंप्रवि.एबीसीसी/सं./821/05.09.005/2019-20 dated Aug 26, 2019 |
| Name of contractor | J N SHARMA & CO |
| Value of contract | Approx. ₹ 11.32 lacs |
| Scheduled date of completion of supplies | Not Applicable |
| Actual date of start of work | Oct 01, 2019 |
| Actual date of completion of work | Sep 30, 2022 |
| Reasons for delay, if any | NA |
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