Sub: -Notice Inviting Expression of Interest (EOI) for
Empanelment of Chartered Accountant/Cost Accountant Partnership Firms/Limited
Liability Partnership (LLP) Firms for conducting Miscellaneous Audit in
Northern Coalfields Limited, Singrauli for 2015-16.
Chief of Internal Audit, NCL invites Expression of Interest
(EOI) from Partnership Firm/Limited Liability Partnership Firms indicating
details of the Firms as noted below for empanelment.
(A)Those Audit firm who have worked for last three
consecutive years (FY2012-13 to FY14-15) at NCL, will not be given appointment
for next two years as per Company’s Policy.
(B) Auditors appointed for Internal Audit for
System/Transaction, Statutory Audit and Cost Audit at CIL and its Subsidiaries
for the FY 2015-16 will also not be considered.
(C) Expression of Interest (EOI) of Audit firms, who had
previously refused to accept the appointment of Audit of NCL during FY2012-13
to FY 2014-15, will not be considered for empanelment.
(D) Expression of Interest (EOI) of Audit firm will be not
considered for empanelment, if it is found that the Audit firm has breached the
trust by falsifying the Expression of Interest (EOI) and the matter will be
brought to the kind notice of the regulator-Institute of Chartered Accountants
of India (ICAI)/Institute of Cost Accountant of India (ICAI).
Details/information along with the documentary evidence to
be submitted for selection are given below:-
1) Year of Establishment of the Audit Firm/LLP since the
date of Registration.
2) Details of Partners in the Audit Firm/LLP, who is with
the firm for a minimum period of one year as on the date of EOI(Photocopies of
membership certificate and professional qualification viz DISA/CISA/ISA etc
must be enclosed).
3) Number of Qualified Assistants who is an ACA/ACMA and is
working with the firm for a minimum period of one year as on the date of EOI
(Photocopies of membership certificate must be enclosed).
4) Number of Semi-Qualified Assistants (Inter Cost/Inter
Chartered —IPCC-both group) and is working with the firm for a minimum period
of one year as on the date of EOI (Photocopies of relevant certificate or mark
sheet must be enclosed).
5) Audit Experience in Coal India and its Subsidiaries for
Statutory/Internal Audit(System/Transaction)/Perpetual Inventory audit/Coal
Sale or Road Sale audit/Physical Verification of Stores & spares &
fixed assets) (Photocopies of Appointment letters containing page with name of
the audit firm / letter No. & Date and signature of appointing authority
and the job allotted). (Note:-No marks will be given for the audit experience
for the FY2015-16).
6)Audit Experience in other PSU, Govt (Central/State) for
Statutory/Internal Audit (System/Transaction)/Perpetual Inventory audit/Coal
Sale or Road Sale audit/Physical Verification of Stores & spares &
fixed assets).Audit Experience of the firm in conducting Statutory/Internal
Audit in Scheduled Bank. ( Photocopies of Appointment letters containing page
with name of the audit firm / letter No. & Date and signature of appointing
authority and the job allotted). (Note:- No marks will be given for the audit
experience for the FY2015-16).
7)Declaration that the audit firms is having Regd/Branch
office within the state for a minimum period of 1 year on the date of
Expression of Interest, in which company headquarter is situated or having its
mining operation.
8) Latest Firm Registration/Constitution certificate not
before the date of notice inviting expression of interest(EOI) issued by the
Institute of Chartered Accountants of India (ICAI)/the Institute of Cost
Accountants of India(ICAI) must be enclosed ,otherwise the EOI of the audit
firm/LLP shall not be considered.
9) A certificate confirming that the details/information
furnished with the Expression of Interest (EOI) are true and correct.
10) All the documents should be signed & stamped by the
managing partner of the firm along with the application/expression of interest.
11) All the pages of the expression of interest (EOI) should
be numbered.
The willing Partnership
Audit Firms/Limited Liability Partnership Firm(LLP) may send their
Expression of Interest(EOI) along with above documentary evidence in the sealed envelope super scribed “Expression of Interest (EOI) for
Empanelment for Miscellaneous Audit in NCL for 2015-16” through
Registered /Speed post postal service or courier service only, so as to reach
Chief of Internal Audit, Northern Coalfields Limited, P.0.-Singrauli Colliery,
Dist.-Singrauli (MP), Pin: 486 889 latest by 28th Oct’2015 at 4pm. Any
Postal/Courier delay will not be entertained. Further details are available in
NCL website: http:// www.ncl.gov.in or http://www.tenders.gov.in &
http://www.eprocure.gov.in. Further all corrigenda, addenda, time/due date
extension etc if any to expression of interest (EOI) will be hosted/notified on
the above websites and will not be published in the newspapers. The firms are
requested to visit regularly above websites to keep themselves updated.
