Bid Publish Date
01-Oct-2026, 1:47 pm
Bid End Date
15-Oct-2026, 2:00 pm
EMD
₹6,120
Value
₹6,12,000
Location
Progress
Organization: Andrew Yule Company Limited, a Schedule ‘B’ CPSE under the Department of Heavy Industry, inviting online bids for outsourcing accounting, payroll and related finance & accounts services for its corporate office at Yule House, 8 Dr. Rajendra Prasad Sarani, Kolkata, West Bengal. Estimated value: ₹612,000 with an EMD of ₹6,120. Scope covers engagement of Chartered Accountants / Cost Accountants to handle F.Y. 2026-27 and onwards. The procurement is conducted for AYCL's Kolkata corporate office, with a prequalification criterion open to all bidders. No BOQ items are listed, indicating a services-focused engagement with flexible quantity/duration as per contract terms.
Service category: outsourcing of accounting, payroll and related finance & accounts functions
Engagement type: Chartered Accountants / Cost Accountants firm
Location: AYCL corporate office, Kolkata, West Bengal
Contract basis: FY 2026-27 onwards, two-bid process with ATC 25% adjustment
No explicit detailed numeric specs; focus on compliance, reporting, and timely delivery
EMD: ₹6,120; required in approved form
Contractquantity/duration may increase by up to 25% post-award
Documentation includes GST, PAN, experience and financial proofs; OEM authorizations if applicable
No explicit payment schedule provided in data; bidders should expect standard government-style terms per AYCL procurement, with milestones tied to deliverables and acceptance.
Engagement for FY 2026-27 onwards; no fixed delivery dates published; contract duration adjustable by up to 25%.
Not specified; typical practice would apply LD for non-performance; bidders should seek explicit terms during bid finalization.
Firms headquartered or operating in India with capability to provide CA/Cost Accountant services
Registered GST and valid PAN; able to furnish financial statements and client experience
Experience in outsourcing accounting, payroll, taxation and related finance activities
No disqualifying conflict of interest with AYCL
Quantity
3
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
EMD Required
Yes
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
Yes
Bid Splitting Applied
No
Min. Avg. Annual Turnover
306
Experience Required
5 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Manpower Hiring for Financial Services - Onsite; Accountant
Advisory Bank
PUNJAB NATIONAL BANK
ePBG Percentage
5%
ePBG Duration (Months)
14
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Locations
1
Delivery Cities
Kolkata
Delivery Pincodes
700001
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Subham Mazumder | 700001,Andrew Yule & Company Limited, Yule House, 8, Dr. Rajendra Prasad Sarani, Kolkata - 700001 | Kolkata | West Bengal | 700001 | 3 | - | Number of Months : 12 |
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
Discover companies most likely to bid on this tender
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates of CA/Cost Accountant engagements
Financial statements of the bidder (last 2–3 years)
EMD submission proof
Technical bid documents outlining service capability
OEM authorizations or relevant firm certifications (if applicable)
Key insights about WEST BENGAL tender market
Bidders must meet prequalification criteria, submit GST and PAN, provide experience certificates and financial statements, and furnish EMD ₹6,120. The engagement covers accounting, payroll and related finance services for FY 2026-27 onward via a two-bid online process; ensure OEM authorizations if applicable and compliance with AYCL terms.
Required documents include GST certificate, PAN, experience certificates for CA/Cost Accountant engagements, financial statements, EMD submission, technical bid documents, and OEM authorizations if applicable; submit these with the online bid.
Eligibility hinges on being a Chartered Accountant or Cost Accountant firm capable of outsourcing accounting, payroll and tax work; must have valid GST and PAN; provide prior experience certificates and financials; the tender is open to all bidders meeting basic prequalification.
The estimated contract value is ₹612,000, with an EMD of ₹6,120. These figures indicate moderate-scale outsourcing for FY 2026-27 onwards; bid submission should include EMD in the required format and accepted payment mode.
Delivery is tied to FY 2026-27 onwards with a flexible schedule; contract quantity or duration may be increased up to 25% at contract issue and post-award, requiring consent for lump-sum contracts; precise milestones will be defined in the contract.
Exact payment terms are not published; bidders should expect standard AYCL terms upon contract award, with milestone-based payments aligned to deliverables and acceptance; confirm payment schedule during bid clarification.
The procurement targets AYCL’s corporate office at Yule House, 8 Dr. Rajendra Prasad Sarani, Kolkata, West Bengal, under the Department of Heavy Industry; the contracting entity is Andrew Yule Company Limited.
Eligible firms are CA/Cost Accountant firms capable of outsourcing accounting, payroll, taxation and related services; must satisfy GST, PAN, experience and financial documentation requirements and be free from disqualifying conflicts.