Karnataka

Cancelled

Services

APPOINTMENT OF COST AUDITOR

Karnataka Power Corporation Limited

KPCL General Manager Finance office Bengaluru | Bengaluru Urban, Karnataka

Amount: ₹3.0 LCloses: 3 Jun 2026Closed

Timeline

Published19 May 2026
Cancelled19 May 2026

Cancellation Details

Cancelled

CancelledCancelledReason: Cancelled

Published 19 May 2026

Tender Value

₹3.0 L

Closing Date

3 Jun 2026, 3:00 pmClosed

Tender Inviting Authority

Office Inviting Bids

Karnataka Power Corporation Limited

Contact Person

BABU ALEXANDER MATHEWS

Office Number

Mobile Number

Work Description

APPOINTMENT OF COST AUDITOR FOR THE FY 2026-27

Tender Information

Tender ID

KPCL/2026-27/SE0352

Reference Number

KPCL/2026-27/SE0352

Tender Type

Open

Form of Contract

Two Tender Document System(Two Cover)

Location

KPCL General Manager Finance office Bengaluru

Source Website

Subscribe to view

Documents Required

3 documents required · 3 mandatory

Technical Bid

RequiredAnnual Turnover Certificate

RequiredCompany Registration Certificate

RequiredSmall Scale Industries Certificate

Eligibility Criteria

Validity of Appointment: The validity of appointment will initially be for a period of one financial year starting from 2026-27 for conducting Cost Audit. The Company at its sole discretion may extend the validity with the approval of Competent Authority of the Company, for another two years, (one year at a time).

It shall be the responsibility of the Bidder to ensure credit of Tender Processing Fee and EMD into the respective receiving bank accounts of e-Procurement on or before the last date and time of bid submission.

EMD Payments through e-Payment mode shall be made as one single transaction and payments made in part are liable for rejection.

Financial Bids for conduct of Cost Audit: Financial bids of those Cost Accountant firms/ Cost auditors will be opened, if they qualify in the Technical bid round.

Place of Audit: The cost audit has to be conducted at the Corporate Office of the Company at No.82, Shakti Bhavan, Race Course Road, Bengaluru and at all relevant project locations of KPCL.

Payment Terms: Payment will be released within one month from the date of submission of bill by the Practising Cost Accountants/Firm after issuance of Cost Audit Report to the satisfaction of KPCL. No advance payments shall be made for conduct of Cost Audit. Out of pocket expenses will be reimbursed at actuals after production of necessary vouchers and documents subject to the maximum limit of 10% of the fees excluding GST.

Minimum fees for Cost audit as per decision of ICAI Council: Attention is invited to the Guidelines issued by the Council of ICAI vide Gazette Notification CWA/1/2017 dated 19.04.2017 relating to responding to the tenders by the members in practice. Accordingly, minimum fees of Rs.2,50,000/- (exclusive of GST) is prescribed for the cost audit assignment.

Appointment based on the lowest quote criteria: It is to intimate that the appointment of cost auditor is based on L1 (Lowest quote) criteria. In case of more than one L-1 bidder for a single project the selection of the bidder will be on the basis of Selection on Lottery System, in the presence of the Tender Inviting Authority and concerned bidders. No future objections in this regard will be entertained.

Dispute: In case of any dispute relating to contract terms and Conditions, decision of MD, KPCL will be final and binding on both the parties to the Contract.

The Company has uploaded this notification on e-procurement portal of Government of Karnataka with copy transmitted to the Bengaluru Chapter of the Institute of Cost Accountants of India for information of its members and Practising Cost Accountants.

Separate Upload of Technical and Financial Bids: Technical Bid and Financial Bid are to be signed by Authorised Signatory on each page of offer document, along with duly filled in format enclosed as Annexure-I & II separately. The technical and financial bid shall not be clubbed together and any such action shall result in rejection of such offer.

Technical Criteria

Past Experience

The Lead Partner/Proprietor/Individual, under whose supervision the Cost Audit of KPCL will be carried out, should have minimum post Qualification experience of 10 years as a practicing cost accountant. The cutoff date for ascertaining experience will be 31.03.2025

Others -- ICMAI CERTIFICATE, MEMBER PROFILE, ETC

The Practicing Cost Accountant (PCA)/ Firm should have conducted or in-hand Cost Audit of at least one Company engaged in the activity of generation/ transmission or distribution of electricity

Work Done CertificateOthers -- COST AUDIT REPORTS

The Practicing Cost Accountant (PCA)/ Firm should have conducted or in-hand Cost Audit of at least one Company having Paid up Capital of Rs.100 crores or more in the financial year 2021-22 or later

Work Done CertificateAudited CA Certificate of Annual Turnover

Others

Should have Headquarter or Branch in Bengaluru

GST Registration

Fee & Financial Details

Tender Fee Amount

₹500

EMD Fee Amount

Exempted

Important Dates

Last Activity

5 Sept 2026

Published

19 May 2026

Bid Opening

5 Jun 2026

Download Ends

28 May 2026

Documents

Tap a document below to read it instantly. You can also download everything as a ZIP if you prefer.

NIT Documents

COST AUDIT 2026-27 KPCL.pdf

Tender Document • 0.33 MB

Ready to Participate?

Download all tender documents and submit your bid

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Karnataka

Cancelled

Services

APPOINTMENT OF COST AUDITOR

Karnataka Power Corporation Limited

KPCL General Manager Finance office Bengaluru | Bengaluru Urban, Karnataka

Amount: ₹3.0 LCloses: 3 Jun 2026Closed

Timeline

Published19 May 2026
Cancelled19 May 2026

Cancellation Details

Cancelled

CancelledCancelledReason: Cancelled

Published 19 May 2026

Tender Value

₹3.0 L

Closing Date

3 Jun 2026, 3:00 pmClosed

Tender Inviting Authority

Office Inviting Bids

Karnataka Power Corporation Limited

Contact Person

BABU ALEXANDER MATHEWS

Office Number

Mobile Number

Work Description

APPOINTMENT OF COST AUDITOR FOR THE FY 2026-27

Tender Information

Tender ID

KPCL/2026-27/SE0352

Reference Number

KPCL/2026-27/SE0352

Tender Type

Open

Form of Contract

Two Tender Document System(Two Cover)

Location

KPCL General Manager Finance office Bengaluru

Source Website

Subscribe to view

Documents Required

3 documents required · 3 mandatory

Technical Bid

RequiredAnnual Turnover Certificate

RequiredCompany Registration Certificate

RequiredSmall Scale Industries Certificate

Eligibility Criteria

EMD Payments through e-Payment mode shall be made as one single transaction and payments made in part are liable for rejection.

Financial Bids for conduct of Cost Audit: Financial bids of those Cost Accountant firms/ Cost auditors will be opened, if they qualify in the Technical bid round.

Place of Audit: The cost audit has to be conducted at the Corporate Office of the Company at No.82, Shakti Bhavan, Race Course Road, Bengaluru and at all relevant project locations of KPCL.

Dispute: In case of any dispute relating to contract terms and Conditions, decision of MD, KPCL will be final and binding on both the parties to the Contract.

Technical Criteria

Past Experience

Others -- ICMAI CERTIFICATE, MEMBER PROFILE, ETC

The Practicing Cost Accountant (PCA)/ Firm should have conducted or in-hand Cost Audit of at least one Company engaged in the activity of generation/ transmission or distribution of electricity

Work Done CertificateOthers -- COST AUDIT REPORTS

The Practicing Cost Accountant (PCA)/ Firm should have conducted or in-hand Cost Audit of at least one Company having Paid up Capital of Rs.100 crores or more in the financial year 2021-22 or later

Work Done CertificateAudited CA Certificate of Annual Turnover

Others

Should have Headquarter or Branch in Bengaluru

GST Registration

Fee & Financial Details

Tender Fee Amount

₹500

EMD Fee Amount

Exempted

Important Dates

Last Activity

5 Sept 2026

Published

19 May 2026

Bid Opening

5 Jun 2026

Download Ends

28 May 2026

Documents

Tap a document below to read it instantly. You can also download everything as a ZIP if you prefer.

NIT Documents

COST AUDIT 2026-27 KPCL.pdf

Tender Document • 0.33 MB

Ready to Participate?

Download all tender documents and submit your bid