General Terms and
Conditions
1. Chartered Accountant firms should have adequate
experience in preparation of Annual Accounts in the prescribed Uniform Format
of Central Autonomous Bodies of Govt. of India particularly in education field.
The firm shall have adequate no. Of qualified CA with relevant experience and
engaged in fulltime accounts work. A list of full time employed chartered
accounts with their complete bio- data be enclosed.
2. Selection of firms will be done only after detailed
scrutiny of the credentials of the firm, their competency etc.
3. Empanelled with C & AG.
4. All information should be kept confidential by the firm
/CA
5. All assignments shall be carried out with due diligence
maintaining quality of work done and in least possible time.
6. All reporting shall be done on regular basis.
7. Director, CIHCS deserves the right to cancel selected
firm, without assigning any reason.
8. The firm will have to start the work with immediate
effect of the received of the letter of appointment.
9. Application form should be filled up properly.
Submission of
Report
On completion of work, the Report of Annual Statement of
Accounts will be submitted in three sets along with the copy on CD to the
Institute. Final authority for acceptance of the report will rest with the
Institute. The Report will also be supported with the certificate from the C.A.
Firm that they have thoroughly checked the report as per terms of difference
and their findings are best on the same.
Regulation of Fees
The payment of Fees as fixed will be made only after
completion of work and issue of Report. Completion of work will be in inclusive
of preparation of statement of annual accounts, submission and discussion of
Report with the Institute. The Institute will not pay any advance to the
selected C.A. Firm. The Institute is currently receiving 100.00 Lakhs as
grant-in-aid for running and maintenance of the Institute.
the Director, CIHCS, Dahung along with a Certificate indicating that work has
been completed as per guideline framed by the Institute and the work has been
completed as per the agreed Terms and Conditions.