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Delhi Transport Corporation, New Delhi, Delhi
September, 07th 2018
                   DELHI TRANSPORT CORPORATION
                         GOVT. OF NCT OF DELHI
                    I.P. ESTATE: NEW DELHI-110002.

No. Act./PF/2018/258                                     Dated:- 21.08.2018


To,




Sub:- Engagement of Chartered Accountant or Consultant for shifting the
Employees Provident Fund Trust to EPFO.

Sir,

       DTC Employees Provident Fund Trust invites sealed quotations from the
consultants/professionals for shifting Trust to EPFO. You are requested to quote
your consolidated rate + GST in the sealed envelope for the above said work as per
timeline prescribed in the enclosed limited tender document.

       Kindly, submit price bid along with signed tender document of DTC and
the documentary evidence with regard to experience as mentioned in the clause-3
to the Dy. Manager (Tender Cell), Delhi Transport Corporation, Room No. 207,
I.P. Estate, New Delhi-110002 in sealed cover, which must reach on or before 18-
Sep-2018 by 1200 hrs. through speed post/courier/by hand etc.






       The offers/price bids received shall be opened on the same day at 1500 hrs.
The offers received after due date & time shall not be entertained. The firms may
attend the process of opening of bids on the above date, if they desire so.



                                                                   Sonam
                                                                 Manager (P.F)
                               DELHI TRANSPORT CORPORATION
                                     GOVT OF NCT OF DELHI
                                I.P. ESTATE: NEW DELHI-110002


     No. Act./PF/2018/258                                               Dated:- 21.08.2018



     Sub:- Engagement of Chartered Accountant or Consultant for shifting the Employees
           Provident Fund Trust to EPFO.


1.     Background.

a. Delhi Transport Corporation (Govt. of NCT of Delhi) has its own PF Trust constituted in
       1964 and since then, its affairs are being managed by DTC EPF Trust under the
       Guidelines/Rules of EPFO exempted U/S 17 of the Employees Provident Fund and Misc.
       Provident Act 1952 vide Govt of Delhi Administration Gazette notification dated 13/06/1963
       and execution of Trust deed dt. 19/02/1964. While erstwhile DTU operated by MCD of Delhi.
       As on date, the PF Trust is having funds corpus to the tune of Rs. 1475 Crore ( Approx.)
       These Funds are presently invested by the EPF Trust in the FDs with Nationalised
       Banks, special deposit in RBI, Govt. Securities etc.

b. Now, the DTC board vide its Resolution No. 36/2015 dt. 22/07/2015 and also endorsed by the
       DTC EPF Trust in its meeting dt. 22/07/2015 has resolved that the said Funds of the Trust
       may be put at the disposal of RPFC for better management of Funds. Accordingly, there is
       need of a consultant for smooth execution of the shifting of Trust work to EPFO.


2.      Scope of Work.

           The following shall be the brief scope of work of the consultant to be engaged.

1) To help/guide the PF Trust in obtaining Cancellation/Surrendering of the exemption
       granted u/s 17(1) (a) of the EPF Act from appropriate govt. if required.

2) To help/guide the PF Trust in transferring the Funds of the Trust available in the various Govt.
       Securities/FDs with the Nationalised Banks.

3) To help/guide the PF Trust in reconciliation of funds Transferred / Balance Funds of
       Employees Share of Pension opted Employees.

4) To submit the record of Assets and liabilities of the Trust and statements as per requirement of
       the EPFO.
5) To help/guide the PF Trust in making the procedures/systems for granting/sanctioning the
   loans to the DTC Employees as well as for final settlement of retiring/retired employees
   during shifting work.
6) Any other work (which is not covered in the above) relating to transfer of the Trust or the
   funds of the Trust. Finally, to obtain (from EPFO) or submit work completion certificate to
   DTC.






3. Eligibility Criteria.

    a. Any firm/consultant who has undertaken the shifting work of at least one PF Trust prior to
       this work or work in hand as on date. The documentary evidence with regard to
       experience of shifting the work of any trust to EPFO needs to be submitted along with
       price bid.

4. Periodicity of Visit:

    The firm/consultant shall visit this office at least twice in a week or thrice half day in
    week as per convenience of both the parties and as per requirement of the work of the
    Corporation.

5. Payment Terms.

    a. The payment (after deducting TDS) shall be made in two instalments i.e 50% payment
       after shifting the work/funds of PF Trust to the EPFO and remaining 50% payment after
       submission of satisfactory work completion certificate by the firm subject to clause- 5 (b).
    b. DTC reserves its right to forfeit 10% amount of the contract value in the event of non-
       performance/unsatisfactory performance by the firm.

6. Submission of offer and opening of bids:

           The interested firms may submit their price bids along with signed tender document
    of DTC and the documentary evidence with regard to experience as mentioned in the clause-3
    to the Dy. Manager (Tender Cell), Delhi Transport Corporation, Room No. 207, I.P. Estate,
    New Delhi-110002 in sealed cover, which must reach on or before 18-Sep-2018 by 1200
    hrs. through speed post/courier/by hand etc.

         The offers/price bids received shall be opened on the same day at 1500 hrs. The offers
    received after due date & time shall not be entertained. The firms may attend the process of
    opening of bids on the above date, if they desire so.
7. Validity of offer:
       The bidders shall keep their offers valid upto 90 days from the date of opening of bids.

8. Dispute Settlement:

        In the event of any dispute arising under these conditions of contract/performance of the
    firm, the dispute shall be resolved by both the parties with mutual discussions, failing which
    the matter shall be put up before the Chairman -PF Trust - DTC. The decision of the
    Chairman PF Trust shall be final and binding on both the parties.

9. Termination of Contract:

        DTC reserves its right to terminate the contract of the firm at any time without assigning
   any reason.

        I hereby agreed all your terms and conditions as enumerated above and undertake that
   entire documentation work of the modalities of transfer of DTC EPF Trust Funds to RPFC as
   per their satisfactions.



                                                                                        BIDDER
                                                          (Authorized Signatory of the Company)

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