Term of Reference

The terms of reference of the Tender Monitoring Division of Professional Development Committee as approved by the Competent Authority is as follows:

• To monitor the tenders floated by the organizations prescribing minimum fees and giving fair opportunity to all members.
• To collect and disseminate details of tenders for professional services, amongst the practicing members.
• To conduct out-reach programs for authorities related to tenders.
• To take up with Government and other relevant authorities issues relating to determining the manner of evaluation of tenders for professional services giving due weightage to quality i.e. Quality & Cost Based Selection (QCBS) method and including audit services in Fixed Budget – based Selection (FBS) method.
• To guide members and resolve their queries and grievances.
• To update the format to capture and seek cost sheet/ details from the Firms/ Members applying for Professional Tender Services for the internal analysis for maintenance of quality and adherence of prescribed guidelines – both at pre-bidding and post-bidding stage.
• To develop a mechanism for monitoring and analyzing the responses of the members on tenders and may refer the deviations at appropriate level.
• To lay down a mechanism for erring firms for further suitable/ necessary action.