| Tender number | RBI/Kanpur/Estate/126/22-23/ET/199 |
| Date of publication of NIT | Jul 11, 2022 |
| Nature of work | Appointment of Concurrent Auditors for the period October 01, 2022 to September 30, 2023 by Reserve Bank of India, Kanpur |
| Mode of tender enquiry | Limited E-Tender (executed through the MSTC portal) |
| Type of bidding (single/two bid system) | Two Bid System |
| Last date of receipt of tender | Aug 02, 2022 |
| Number of tenders received | 07 (Seven) |
| Nos. and names of parties qualified after technical evaluation | 04 (Four)
i. M/s P L Tandon & Co.
ii. M/s B C Jain & Co.
iii. M/s S K Kapoor & Co.
iv. M/s V P Aditya & Co. |
| Nos. and names of parties not qualified after technical evaluation | 03 (Three)
i. M/s Kapoor Tandon & Co.
ii. M/s Ashutosh Singhania & Co.
iii. M/s Pandey & Co. |
| Commercial Bid Ranking, if any | |
| Final Ranking, if any | |
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes.
Upon final evaluation, for rank one there was tie between M/s B C Jain & Co and M/s P L Tandon & Co. As stipulated in the evaluation criteria 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 was given to ‘M/s P L Tandon & Co’ for having number of years of experience than ‘M/s B C Jain & Co’ and hence, the tender was awarded to ‘M/s P L Tandon & Co’. |
| Contract number and date | Agreement dated September 27, 2022 with M/s P L Tandon & Co. |
| Name of contractor | M/s P L Tandon & Co. |
| Value of contract | ₹93,000/- (including all costs and excluding GST) per month |
| Scheduled date of completion of supplies | - |
| Actual date of start of work | |
| Actual date of completion of work | |
| Reasons for delay, if any | |
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