Bank Note Paper Mill India Private Limited Corporate Office, Gate 1 Administrative Building, Paper Mill Compound Note Mudran Nagar, Mysuru, 5700003 Karnataka, India Tele-0821 2401 111, Fax 0821 2401 222 Email info@bnpmindia.com Website www.bnpmindia.com

NOTICE OF EXPRESSION OF INTEREST (EOI) FOR APPOINTMANT OF CONSULTANT FOR PREPARATION OF FINANCE/ACCOUNTS & BUDGET MANUAL

EOI No. : BNPM/EOI/Consultant-FA/ 86/2017-18 DATED 06.11.2017

Bank Note Paper Mill India Private Limited (BNPM) is a joint venture company of SecurityPrinting and Minting Corporation of India Ltd (SPMCIL) a Government of India Enterprise,and Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a subsidiary ofReserve Bank of India, invites Expression of Interest from, competent and resourcefulProfessional consultants / Agencies (Individual/Trust/Society/partnershipfirm/LLP/Company) for appointment as consultant for preparation of finance/accounts &budget manual to develop comprehensive policy manuals for consistent and uniformpractice of policy guideline across all locations of the company.

The applicants fulfilling the eligibility criteria as given in Annexure 3 are requested toex ess their interest in providing services in the specimen given in Annexure 4 to thisexession of interest. The Expression of Interest must be submitted with the brief profileof the Consultant/ Agencies (Individual/Trust/Society/Partnership firm/LLP/Company),total experience in the field of providing services in preparation of finance/accounts &budget manual, their past performance in similar type of assignment for any of the publicsector undertakings/Government Organisation/Joint sector Companies/Reputed listedPrivate sector Companies/ Multi-national companies engaged in manufacturing & processindustries. The Expression of Interest must be sent to the following address:

The Managing Director

Bank Note Paper Mill India Private Limited

Corporate Office,

Gate 1 Administrative Building, Paper Mill Compound

Note Mudra Nagar, Mysuru -570 003

Karnataka, India

Response to EOI shall be sent on or before 1500 hours on 06 December 2017 Steps in the process:

  1. Receipt and Evaluation of EOI
  2. Presentation by bidders on past performance & proposed scope of assignment.
  3. Issue of tender document to short listed firms..
  4. Pre-bid meeting with intending bidders.(if so required)
  5. Receipt and evaluation of bids
  6. Discussion/negotiations of terms and conditions, if so required
  7. Finalisation and award of work

Details of Annexures:

  1. Brief background of the company and promoters -Annexure 1
  2. Broad objective & scope of work Annexure 2
  3. Eligibility Criteria Annexure 3
  4. Specimen Response letter to EOI as Annexure 4

For and behalf of Bank Note Paper Mill India Private Limited

Alok Kumar (Assistant General Manger)

Note: The Company reserves the right to accept/reject any application at its sole discretion and/or cancel the entire exercise. Mere fulfilling the minimum eligibility criteria will not confer any right on the applicant to be called for discussion/ selection.

Annexure 1 EOI NO.: BNPM/EOI/Consultant-FA/ 86 /2017-18 DATED _06.11.2017

Background of the company and promoters and objective of EOI

Bank Note Paper Mill India Private Limited (BNPM) (www.bnpmindia.com) is a 50:50 Joint Venture Company promoted by Security Printing and Minting Corporation of India Ltd(SPMCIL) (www.spmcil.com), and Bharatiya Reserve Bank Note Mudran Private Limited(BRBNMPL) (www.brbnmpl.co.in). BNPM registered office and the factory is at Mysore.The company has set up a green field banknote paper mill with a production capacity of 12000 metric ton per annum. This is a continuous process industry and the product isunique of its kind having fiduciary value more than its intrinsic worth. The project has been commissioned in April 2016 and is working on its rated capacity.

SPMCIL is a Mini-Ratna Category I CPSE and a wholly owned schedule ACompany of Government of India and is under the administrative control of Department of Economic Affairs, Ministry of Finance, Government of India. It is engaged in sovereign function of printing of bank notes and minting of coins besides printing of many other security documents.

BRBNMPL is the wholly owned subsidiary of Reserve Bank of India, established with a view to augment the production of bank notes in India and to bridge the gap between supply anddemand for bank notes in the country. The company is engaged in sovereign function of printing and supplying of bank notes.

The BNPM factory is situated at Note Mudran Nagar Mysore, Karnataka, and its Registeredand Corporate Office is also situated at the same premises.

The Company intends to design, develop & implement comprehensive policy manuals(finance, accounts & budget) for consistent and uniform practice across all locations.

Keeping the objective in view, the Expression of Interest (EOI) is issued.

****

Annexure 2 EOI NO.: BNPM/EOI/Consultant-FA/ 86 /2017-18 DATED __06.11.2017

Broad objective & Scope of Work

  1. Design, develop & deliver comprehensive policy manuals (finance, accounts & budget manuals) for consistent & uniform practice across all locations of the company for financial management & budgetary control;
  2. Design & development of comprehensive budget manual for financial management through budgetary control;
  3. Development of expenditure policies for revenue & capital expenditure including investment guidelines;
  4. Design & development of scope & coverage of financial concurrence;
  5. Preparation of delegation of power matrix with responsibility & accountability;
  6. Developing financial performance benchmark in terms of return on investment, financing cost, other manufacturing and administrative cost etc.;

Developing system & procedure of internal checks & control;

  1. Design & development of accounting policies, standard chartered accounts, guidelines for preparation & presentation of financial statements following the applicable accounting standards;
  2. Design & development of risk profile and risk management policy.

These are indicative & not exhaustive. A comprehensive scope of work will bedeveloped before issue of tender document.

*****

Annexure 3

EOI NO.: BNPM/EOI/Consultant-FA/ 86/2017-18 DATED __06.11.2017

Eligibility Criteria

    1. The applicant should have experience in providing advisory/ consultancy services in the area of financial management including design, development & delivery of finance manuals (finance, accounts & budget manual) and effective Management Information System.
    2. Experience:
  1. The applicant should have provided consultant services in the field of design & development of finance/accounts & budgetary manual or development of comprehensive Financial Management Information System for at least at-leasttwo Government/PSUs/Joint sector companies/multi-nationalcompanies/large listed private sector companies or in combination preferablyengaged in manufacturing & process industries; during the last five years ending on 30 April 2017. (Documentary proof to be submitted).

Financial Standing

I) Bidder Firms should have average annual turnover of not less than Rs. 1.5 cr.from consultancy services of similar nature and should be financially sound andshould have not suffered any financial loss for more than one year during the last three years period ending 31.03.2017

(ii) The net worth of the firm should not have eroded by more than 30% in the last three years period ending 31.03.2017.

The copy of audited balance sheet and Profit and loss accounts for last three financial years is to be submitted along with the proposal

Other qualifications:

  1. The applicant should have valid Service Tax registration/GST Registration / andPAN (Documentary proof to be submitted)
  2. The applicant firm should have professionally qualified resource person (CA/ICWA/CS/MBA from reputed institutions and like) experienced in the fieldof providing financial consultancy services. The applicant should providecomplete profile of Directors/ Partners/ Individual professionals giving qualification & experience engaged by them.


Important Dates

Start Date End Date
Notification Issued 06-Nov-2017
Applications 06-Dec-2017


Notification Issued By

  • Organization : Bank Note Paper Mill India Private Limited
  • Organization City, State : bengaluru, karnataka
  • Organization Website : www.bnpmindia.com

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