NOTICE INVITING REQUEST FOR PROPOSAL (RFP)
FOR
Engagement of Concurrent Auditor for Concurrent Audit of Investment Functions of Post Office Life Insurance Fund (POLIF) and Rural Post Office Life Insurance Fund (RPOLIF)
Last date and time for Bid Submission 16.06.2020 1500 hours
Venue for opening Technical Bid/Financial Bid:
Directorate of Postal Life Insurance
1st Floor, Chanakyapuri Post Office Complex
New Delhi - 110021
F. No. : 46-02/2020-LI Dated 15.05.2020
Directorate of Postal Life Insurance
Department of Posts
Ministry of Communications
Government of India
Government of India
Ministry of Communications
Department of Posts
(Directorate of Postal Life Insurance)
Chanakyapuri, New Delhi, India - 110021
F.No : 46-02/2020-LI Dated 15.05.2020
To
M/s…………………………..
…………………………………
…………………………………
Dear Madam/Sir
1. Directorate of Postal Life Insurance, Department of Posts, Ministry of Communications, Government of India (hereinafter called “Employer”) proposes to engage the services of a Chartered Accountant Firm for conducting Concurrent Audit of investment functions of PLI fund and Rural PLI fund, in accordance with the scope detailed in the “Technical Guide on Internal/ Concurrent Audit of Investment Functions of Insurance Companies 2013” (“Technical Guide”), as amended by the Institute of Chartered Accountants of India in consultation with IRDA from time-to-time. The location of the concurrent audit work will be Investment Division, Mumbai GPO Annexe Building, Mumbai-400 001.
2. The RFP Document is being published on the Central Public Procurement (CPP) Portal (www.eprocure.gov.in) on 15th May, 2020.
3. Directorate of Postal Life Insurance, Department of Posts shall select a Concurrent Auditor as per procedure described in the RFP.
4. The schedule of proposal submission is as follows: