EOI for Appointment for Statutory Auditors of ICAI


Expression of interest for empanelment of the firm of chartered accountants for statutory an audit of the Institute of Cost Accountants of India for the financial year 2019-20
The selected Chartered Accountant firm will be required to provide the above-mentioned services as Statutory Auditors initially for the accounting year i.e, 2019-20 and will be renewed further for next 2 years depending upon the satisfactory performance, on mutually agreed terms.

  1. The professional fee will be Rs.3,30,000/- (Rupees Three lakh Thirty Thousand only) plus applicable Taxes plus out of pocket expenses, if any for the entire contract period. For Consolidation of Accounts, Rs.2, 200/- per Region and Rs.825/- per Chapter plus applicable taxes will also be paid. Payment shall be made against invoices on completion of the audit and submission of the audit report. No proposal for variation would be allowed during the contract period.
  2. Taxes as per Income Tax Act / Rules will be deducted at applicable rates from all payments made by the Institute.

Submission of Tender
Interested firms meeting all the pre-qualification criteria may submit their offer in the prescribed Annexure / sub-Annexure of this tender.
(i) Annexure-A duly filled Pre-qualification-cum-Technical Bid along with all supporting documents duly signed with Seal of the authorized Partner and should be submitted in one sealed envelope super scribed as – ‘PRE-QUALIFICATION AND TECHNICAL BID for Tender No. ICAI/STAT AUDIT/01/2019-20.
(ii) The tender should reach the following address latest by 15:00 hours of 19th September 2019.
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