The Indian Association for the Cultivation of Science (IACS), established in July 1876 is a national institution for higher learning whose primary purpose is to foster high quality fundamental research in frontier disciplines of the basic sciences. Founded by Dr. Mahendra Lal Sircar, a philanthropist, the activities at the Association in the very early years were supported by generous public contributions. It was conceived and planned in the backdrop of the great cultural and intellectual awakening of the nineteenth century Bengal and was desired by its founder to be an institution 'solely native and purely national'. The original objective of the Association, which continues even today, was to cultivate science in all its departments both with a view to its advancement by original research and to its varied applications to the arts and comforts of life.
It is an autonomous
institution which is controlled by a General Body and Governing
Council. IACS receives fund from the Department of Science and
Technology (DST), Government
of India and
Government of West Bengal, many Public agencies (DST,
CSIR, DAE, MNES etc.), Private Companies as
well as Foreign
sources (NSF, UNDP, Japan, European Union, Sweden etc.). A
number of specific projects raised by individual scientists or
scientists are being supported by different funding
agencies such as CSIR, DAE, DNES, DST, DOS, DSIR, ICMR, INSA,
NSF, UGC and UNDP. At
present there are about 80 faculty members
working in physics, and chemistry. The present Director of the
Institute is Prof.
Kankan Bhattacharyya. The Institute
has dynamic programmes for the pursuit of research leading to the doctoral
degree and for post-doctoral work and has Visiting Scientists
is an excellent library, good computing facilities
and is connected to Internet.
IACS wants to appoint
an experienced Kolkata based Chartered Accountant Firm
empanelled with Comptroller and Auditor General of India to
Statutory Audit of the Institute for the financial year
2012-13.The grants received/receivable annually is around Rs. 66
crores besides the grants under Projects Accounts having annual
transactions around Rs. 40 to Rs. 45 crores. It is expected that
accounts of Institute for the financial year 2012-13 including
the Extramural Projects, Provident Fund and other
allied accounts will tentatively be ready by June, 2013. The
audit of accounts of the Institute is required to be commenced
from 1st July 2013 and final Audit certificate on the
Accounts of IACS need be issued tentatively by mid of August,
2013 for submission to the Department of Science and Technology,
Government of India.
The Audit Firms interested to take up the financial audit of IACS for the financial year 2012-13, as a Statutory Auditor and having experience on import of
scientific Machines/ instruments/ equipments/material worth crores of rupees annually in the Auditee Institute,
may submit their quotations in sealed cover
addressed to "The Registrar,Indian Association for the Cultivation of Science, 2A & 2B Raja S. C. Mullick Road, Jadavpur, Kolkata-700032 in the
prescribed proforma annexed herein below latest by 5.00 PM of 31.07.2012. The tenures of the selected Statutory Auditor is likely to be continued for 3 years.
Prospective bidders please refer to our website
http://www.iacs.res.in/tender/ for any updates that may appear from time to time.
For any query pertaining to this bid document, correspondence may be addressed to Shri Sanjay Poddar, Internal Audit Officer at
The Director, IACS reserves the right to accept or reject any or all quotations without assigning any reasons thereof.
(Dr. Utpal Sadhu)