Tender For Appoint As Internal Auditors For Undertaking Internal Audit Work Of At The B.O. Kalamboli, Cotton Corporation of India Limited

Cotton Corporation of India Limited

Tender For Appoint As Internal Auditors For Undertaking Internal Audit Work Of At The B.O. Kalamboli

Tender Identification

• Tender Reference No.:
  CCI/KLM/Internal Audit/2025–26
• Tender Date: 16 January 2026

• Type: Two-bid system tender (Technical + Financial)
• Issuing Authority: The Cotton Corporation of India Ltd. (CCI)
  (Govt. of India Undertaking under Ministry of Textiles)
• Work Description:
  Appointment of Chartered Accountant Firm as Internal Auditors
  for Internal Audit of Branch Office – Kalamboli
• Audit Nature: Monthly concurrent internal audit with online reporting system
• Location: Kalamboli Branch, Navi Mumbai
  
  

Key Dates

Eligibility Criteria (Key Conditions)

The bidder must satisfy all below:

1. Firm Type
• Registered Chartered Accountant Firm
• Minimum 10 years’ experience in audit (Internal / Statutory / Concurrent)
2. Experience
• Audit experience of at least 2 Central/State Govt./PSU entities
  in the last 5 years
3. Local Presence
• Functional office/branch in Kalamboli / Navi Mumbai
4. Registrations
• Valid PAN
• Valid GST Registration
5. Compliance
• Not blacklisted
• No disciplinary or criminal proceedings against firm/partners
6. Restriction
• One CA firm can be appointed for only one CCI branch
• Existing internal auditor not eligible for 2 years after completion

Contract Period

• Initial Period:
  FY 2026–27 (01.04.2026 to 31.03.2027)
• Extension:
  Extendable by one more year (FY 2027–28) on satisfactory performance

Scope of Work

• Monthly Internal Audit covering:
• ERP-based accounting records (Oracle EBS R12)
• Cash & bank, payments, statutory compliance (GST, TDS, PF)
• Godown & asset physical verification
• Insurance, legal cases, rent agreements
• Review of reports, balances, advances
• Minimum 10 man-days per month visit to Kalamboli Godown
• Submission of monthly online internal audit report by 11th of next month

Fees & Payment

• Minimum Monthly Audit Fee:
  ₹10,000 per month (excluding applicable taxes)
• Fee must be:
• Consolidated
• Inclusive of TA / DA / Boarding / Lodging
• Payment:
• Monthly, against bill + audit report submission
• L1 Rule:
• If multiple firms quote minimum fee → oldest firm gets priority

EMD (Earnest Money Deposit)

• Amount: ₹5,000
• Form: Demand Draft / Pay Order / Banker’s Cheque
• Payable To: The Cotton Corporation of India Ltd.
• Payable At: Navi Mumbai
• Refund: After successful completion of audit work
• Mandatory: Bid without EMD will be rejected

Bid Submission Structure

• Envelope A: Technical Bid + EMD
• Envelope B: Financial Bid
• Envelope C: Envelope A + B together
• Proper superscription mandatory (as per tender notice)

Reference Links

• CCI Website: https://www.cotcorp.org.in
• Government Tender Portal: https://www.eprocure.gov.in
• Issuing Office: CCI Branch Office, Kalamboli, Navi Mumbai