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The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) (herein after referred as “Institute”) intends to conduct a Computer Based Test for its Advance Studies Level Course from January 2024 onwards. The Institute for the above purpose intends to engage a Professional Agency to provide the respective services. Process: The bid shall be submitted in two separate emails namely Technical bid (Annexure -1) and commercial bid (Annexure-2). Proposal is liable to be rejected for the following reasons – 1. Absence of E.M.D of Rs. 12,500/- (Rupee Twelve Thousand Five Hundred only) 2. Rate quoted are not as per the Prescribed Format. (annexure 2) 3. Incomplete, unsigned, unstamped, illegible or mutilated. 4. Void for ambiguity/uncertainty. 5. Containing incorrect/unsubstantiated information. 6. The Institute may waive any minor informality or no-conformity or irregularity in a Bid, which does not constitute a material deviation. The decisions of the Institute in regard to the deviation being material or not shall be final and binding. For the EMD, the bidder has to send a demand draft of Rs 12,500/- in favor of ‘The Institute of Cost Accountants of India’ payable in Kolkata. DISCLAIMER: 1) All information contained in this RFP subsequently provided are in good faith. This RFP is not an agreement or an offer by The Institute of Cost Accountants of India to the prospective applicants or any other person. The purpose of this RFP is to provide interested parties with information that may be useful to them in the formulation and submission of their applications pursuant to this RFP. 2) This RFP includes statements, which reflect various assumptions and assessments arrived at by The Institute of Cost Accountants of India in relation to the selection of the agency. Such assumptions, assessments and statements do not purport to contain all the information that each applicant may require. 3) The Institute of Cost Accountants of India accepts no liability of any nature whether resulting from negligence or otherwise however caused arising from reliance of any applicant upon the statements contained in this RFP. 4) The Institute of Cost Accountants of India may in its absolute discretion, but without being under any obligation to do so, update, amend or supplement the information, assessment or assumption contained THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (Statutory body under an Act of Parliament) 12, SUDDER STREET, KOLKATA - 700 016 TELEPHONES: +91 033 2252 1031 / 1034 / 1035, 2252 1492 / 1602 FAX +91 33-2252 1026 Website: www.icmai.in Local Purchase Committee Page 2 in this RFP, without assigning any reason or providing any notice and without accepting any liability for the same. 5) The issue of this RFP does not imply that The Institute of Cost Accountants of India is bound to select an applicant or to appoint the selected applicant, as the case may be. The Institute of Cost Accountants of India reserves the right to cancel this request for RFP and/ or invite afresh with or without amendments to this request for RFP, without any liability or any obligation for such request for RFP and without assigning any reason. Information provided at this stage is merely indicative. About the Institute: The Institute of Cost Accountants of India (erstwhile The Institute of Cost and Works Accountants of India) was first established in 1944 as a registered company under the Companies Act with the objects of promoting, regulating and developing the profession of Cost Accountancy. The Institute of Cost Accountants of India is a premier, dynamic, vibrant professional Institution actively associating itself in the industrial and economic development of the nation. The Institute of Cost Accountants of India set up by an Act of Parliament to develop and regulate the profession of Cost Accountancy in the country. The INSTITUTE OF COST ACCOUNTANTS OF INDIA, as a National Accounting body, is founder member of International Federation of Accountants (IFAC), Confederation of Asian and Pacific Accountants (CAPA) and South Asian Federation of Accountants (SAFA). Basic Requirements TFH (Test from Home) online exam platform with exam application integrated with payment gateway, release of admit card and conduct exam. The Contract is to commence from the date of signing the Contract with the Agency and shall continue initially for a period of one year unless it is curtailed or terminated by the Institute owing to deficiency of service, substandard of quality, breach of contract, reduction or cessation of the requirement of work. However, the Contract may be extended for another two years on an annual basis with the same terms and conditions if the Institute is satisfied with the performance of the Agency. The Agency should hand over all the documents in whatever format pertaining to the Institute upon completion/termination of the contract. The Agency shall not be allowed to transfer, assign, pledge or sub-contract its rights and liabilities under this contract to any other Agency/Contractor without the prior written consent of this Institute. The Agency will be bound by the details furnished by it to the Institute, while submitting the tender or at subsequent stage. In case, any of such documents furnished is found to be false at any stage, it would be deemed to be a breach of terms of contract making the firm liable for legal action besides termination of contract. Financial bids of only those bidders who are technically qualified shall be evaluated. At the time of opening of financial bids, the shortlisted bidders may be called at the meeting by the concerned tender committee. The agreement can b |