Custom Bid for Services - T4S AUDIT
Bharat Petroleum Corporation Ltd
BIDAR, KARNATAKA
Progress
Quantity
1
Bid Type
Two Packet Bid
Hindustan Petroleum Corporation Ltd invites bids for T4S Audit services under the GEM portal, with an ATC document uploaded and access to the bid terms. The tender is categorized as Custom Bid for Services. The Buyer allows quantity or duration adjustments up to 25% at contract issuance and increases thereafter, requiring bidders to accept revised scope. With no BOQ items listed, the procurement focuses on service compliance, audit expertise, and adherence to HPCL’s internal standards. The opportunity is positioned as a targeted service contract for internal controls and fourth-tier scrutiny, emphasizing governance, risk, and audit methodologies. The absence of a listed BOQ suggests a flexible scope aligned to HPCL’s audit needs and ATC guidelines.
Key Term 1: 25% quantity/duration adjustment permitted at contract issuance
Key Term 2: Post-issuance quantity/duration can also adjust up to 25%
Key Term 3: ATC document governs all technical and submission requirements
Payment terms to be defined in ATC; bidders should expect standard RPC terms after milestone acceptance
Delivery milestones to be detailed in ATC; ensure alignment with HPCL audit timelines
LD provisions to be specified in ATC; bidders must review for performance-based penalties
Proven experience in providing T4S/Audit services to large enterprises
Financial stability evidenced by turnover and recent financial statements
Compliance with statutory GST/PAN requirements and audit standards
Ability to meet ATC-defined methodologies and deliverables
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Custom Bid for Services - T4S Audit
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Main Document
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SCOPE_OF_WORK
PAYMENT
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ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Bharat Petroleum Corporation Ltd
BIDAR, KARNATAKA
Hindustan Petroleum Corporation Ltd
RAIPUR, CHHATTISGARH
Indian Renewable Energy Development Agency
SOUTH DELHI, DELHI
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CENTRAL DELHI, DELHI
Hindustan Petroleum Corporation Ltd
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GST registration certificate
PAN card
Experience certificates in T4S/Audit services
Financial statements / turnover proof
EMD/Security deposit (as per ATC)
Technical bid documents / methodologies for T4S Audit
OEM authorizations (if applicable to audit tools)
Audit methodology and QA procedures
Any IS/ISO certifications relevant to auditing
ATC-specific documents uploaded by buyer
Key insights about KERALA tender market
Bidders must register on GEM, download the ATC, and prepare the technical bid detailing audit methodologies, past T4S engagements, and QA processes. Submit financials, GST, PAN, and experience certificates, along with any EMD as specified in ATC. Ensure compliance with 25% quantity/duration adjustment constraints.
Prepare GST certificate, PAN card, experience certificates for T4S/audit services, latest financial statements, EMD/Security as per ATC, technical bid with audit methodologies, and any OEM authorizations or tools certifications referenced in the ATC documentation.
Technical specs center on T4S Audit service delivery, governance and risk management practices, audit framework alignment with HPCL policies, and QA procedures. Exact standards and methodologies are detailed in the uploaded ATC document; reviewers seek demonstrable audit performance metrics and control assessment capabilities.
Deadline details are provided in the ATC and GEM portal; bidders should monitor the portal for final submission cut-off, ensuring all required documents are uploaded before the deadline and that the 25% quantity/duration adjustment option is acknowledged in the contract terms.
EMD details are specified in the ATC; bidders must provide the declared security amount via the prescribed mode (DD/online) and ensure validity through the bid timeline. The exact amount is not in public data and must be verified in the ATC.
Review ATC for minimum audit experience, prior T4S engagements with large firms, turnover thresholds, and compliance with GST/PAN. Prepare documented evidence of past audits, client references, and capability statements to demonstrate alignment with HPCL expectations.
The buyer may increase or decrease contract quantity or duration up to 25% at contract issuance, and subsequently only up to 25% more; bidders must indicate willingness to accept revised scope and adjust resources accordingly as per the contract terms.
ATC is uploaded by the buyer in the GEM portal and linked to the HPCL T4S Audit Tender entry. Access it through your supplier dashboard to review mandatory technical criteria, submission rules, and any special clauses before bidding.
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Main Document
OTHER
SCOPE_OF_WORK
PAYMENT
OTHER
OTHER
OTHER
OTHER
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS