1. QUALIFYING REQUIREMENT FOR AUDITORS
    1.1. Mandatory
    1.1.1. Chartered accountant or Cost Accountant Firms.
    1.1.2. Firm should have minimum of Three (03) nos of partners
    1.1.3. Firm should have minimum Three (03) Years experience in auditing of
    Electricity Distribution Revenue Earning Division Business & having
    capability of IT System auditing.
    Page-3
    The marks/points awarded against each qualifying criteria will be as follows as per the
    table given for scoring; hence the interested firms has to submit the required detail
    documents certifying the criteria(s) as per Annexure-II & Annexure-III.
  2. QUALIFING CRITERIA EVALUATION:
    2.1 TPAC reserves the right to relax the qualifying scores; if atleast two firms do not
    match the qualifying scores of 70 marks & above for any cluster(s).
    Sl
    No
    CRITERIA BASIS OF MARKS MAXIMUM
    MARKS
  3. Years of Establishment of the firm
    since the date of registration till 31st
    March-2015
    1 Mark per Year
    (fraction of the year is
    to be ignored)
    10
    2 Number of Partners in the firm for a
    minimum period of one year as on the
    date of application.
    3 Marks for each partner
    who is ACA/ACMA.
    4 Marks for each partner
    who is FCA/FCMA
    10
    3 Number of qualified assistants who is
    an ACA/ACMA plus is working with the
    firm on the date of application and
    will be deployed for the Audit Work
    3 Marks for every
    qualified assistant to be
    deployed for the audit.
    10
    4 Number of semi qualified assistants
    (Inter Cost/ Inter Chartered – IPCC –
    both group) plus is working with the
    firm on the date of application and
    will be deployed for the Audit Work.
    1.5 Marks for every
    semi qualified assistant
    to be deployed for the
    audit.
    10
    5 Experience of firm in conducting Audit
    in of Electricity Distribution Revenue
    Earning Division Business with
    capability of IT system auditing.
    5 Marks for each year of
    audit.
    35
    6 Empanelled with Comptroller and
    Auditor General (CAG) of India
    5
    7 Audit firms having Registered Office /
    Branch Office within the state of
    Odisha on the date of application.
    20
    Total 100
    Note : Financial price proposal shall be opened only for those firms who will secured