For Empanelment for Appointment of Statutory Auditor for conducting Statutory Audit at Lucknow Airport
1. Expression of Interest is invited through CPP Portal by Sr. Manager (Fin.)-JVC, Airports Authority of India, Rajiv Gandhi Bhawan, Safdarjung Airport, New Delhi- 110003, [EOI Manager] on behalf of Chairman, AAI for the work of “EMPANELMENT FOR APPOINTMENT OF STATUTORY AUDITOR FOR CONDUCTING STATUTORY AUDIT OF CONCESSIONAIRE AT LUCKNOW INTERNATIONAL AIRPORT”. The Panel shall be valid for period of 05 (five) years.
2. Airports Authority of India
Airports Authority of India (AAI), established under Airport Authority of India Act, 1994, is a Category-I Mini-Ratna Public Sector Enterprise. AAI is mandated to manage the airports, civil enclaves and the aeronautical communication stations efficiently. Currently, AAI manages a total of 137 Airports which include 11 International Airports, 11 Customs Airports, 89 Domestic Airports and 26 Civil Enclaves at Defense Airfields. AAI is responsible for planning, developing and construction of aerodromes and allied facilities for sustained growth of civil aviation infrastructure in India. AAI in its persistent efforts to provide world-class infrastructure and services to stakeholders, has been endeavoring to excel amongst its global peers by undertaking various initiatives.
3. Empanelment of Chartered Accountant Firms
AAI has undertaken an open Competitive EOI process in accordance with the procedures set out for selecting an entity/entities who will be responsible for undertaking, inter alia, the Operations, Management & Development of Lucknow International airport in accordance with the Concession Agreement (CA). As per Concession Agreement, AAI intends to qualify and short list a panel of 06 (Six) Chartered Accountancy Firms to the Concessionaire. The Concessionaire shall have the right to object to one or more of such nominees but not in any circumstances exceeding 3 (Three) nominees. The Concessionaire shall appoint its Statutory Auditor from the Panel of Chartered Accountants. All fees and expenses of Statutory Auditors shall be borne by the Concessionaire.
Further, the Concessionaire may terminate the appointment of its Statutory Auditors in accordance with the provisions of the Companies Act, 2013 and with the consent of the Airports Authority of India, subject to replacement Statutory Auditors being appointed from the Panel of Chartered Accountants.
4. Eligibility Criteria
Applicants must read carefully the eligibility criteria provided herein. Proposal of only those applicants who fulfil the following eligibility criteria will be considered for empanelment.
i) The firms should have conducted statutory audit of the annual accounts of at least one hundred (100) Companies registered under the Companies Act,1956 or 2013 as the case may be, including any re-enactment or amendment thereof, of which at least ten should have been public sector undertakings;
ii) The firm should have at least 05(five) practicing Chartered Accountants on its rolls, each with a minimum experience of 10(ten) years in the profession;
iii) The firm or any of its partners should not have been disqualified or black listed by the Comptroller and Auditor General of India or the Airports Authority of India;
iv) The firm should have an office in the Utter Pradesh state or in any adjacent state (Delhi, Haryana, Rajasthan, Himachal Pradesh, Uttrakhand, Bihar, Madhya Pradesh, Jharkhand and Chhattisgarh) with at least 2 (two) practicing Chartered Accountants on its roll in such states;
5. Evaluation and Selection
(i) Interested firms meeting the eligibility criteria shall be required to submit a statement of their capability, including the bio-data of the practicing Chartered Accountants, on its rolls. In particular, each firm shall be required to furnish year-wise information relating to the names of all the companies with an annual turnover exceeding Rs.25,00,00,000 (Rupees Twenty-five Crores) whose annual accounts were audited by such firm in any of the preceding 5 (Five) Accounting Years. Practicing Chartered Accountants means paid Chartered Accountant on the pay-roll of applicant Chartered Accountant firm.
(ii) The information furnished by each firm shall be scrutinized and evaluated by the Airports Authority of India and 1 (one) point shall be awarded for each annual audit of the companies specified in (i) above (By way of illustration, a firm which has conducted audit of the annual accounts of any such company for 5 (five) years shall be awarded 5 (five) points).
(iii) Firm who is participating in EOI process, The experience of that firm in the same name and style shall only be considered during evaluation process. No experience of associate firm/ sister concern/any other group firm shall be considered.
(iv) The Airports Authority of India shall prepare a list of all eligible firms along with the points scored by each such firm and 6 (Six) firm scoring the highest points shall be identified and included in the draft panel of Chartered Accountants.
(v) Registration for online EOI process. The tendering process is online at e-portal URL address https://etenders.gov.in/eprocure/app. Aspiring agencies may go through the EOI document by login the CPP Portal. Prospective agencies are advised to get themselves acquainted for tender requirements at ‘‘Instructions for Online Tender Submission’’. Enroll themselves at CPP portal, obtain ‘Login ID’ & generate ‘Password’ and go through the ’Self Help Files’ available in the Home Page after login to the CPP portal http://etenders.gov.in/eprocure/app. They should also obtain Digital Signature Certificate (DSC) in parallel which is essentially required for submission of their application. The process normally takes 03 days’ time. The Applicant may also take guidance from AAI Help Desk Support through path aai.aero/tender/e-tender/help desk support.