B ap Hit aster Bank of Baroda ‘TO WHOMSOEVER IT MAY CONCERN INVITATION TO SUBMIT QUOTE FOR APPOINTMENT AS AGENCY FOR SPECIALISED MONITORING This invitation is for seeking quotation from IBA empanelled Agencies for Specialised Monitoring to consider candidature for appointment as agency for carrying out Specialised Monitoring in the accounts as per Annexure-I. indicative Scope of Work (Annexure-I!) and Draft Reporting Format (Annexure-Il) is enclosed for reference. The final selection of successful bidder and appointment will be largely on the basis of competitive quotation for fees (Appendix-1), credentials and experience of the firm (Appendix-2)/ agency in the related domain to be decided at the sole discretion of Bank of Baroda. You are advised to submit your quote and profile specifying the name of the account for Which the fees is quoted preferably through email with Subject Line ‘QUOTE FOR SPECIALISED MONITORING ASSIGNMENT’. If the Agency wishes to submit quote for ‘multiple companies, the same can be done in one single application clearly mentioning name of the company for which quote is submitted. The quotation should be specific in Fee Structure, Taxes, and other charges, if any, along with milestone and should reach the undersigned on or before 6 p.m. on 13.05.2020 through email to midbdr@bankofbaroda.com. Address: Bank of Baroda 8, Meghdoot, 1° floor, Junction of Linking & Turner Road, Bandra (West), Mumbai ~ 400 050, India. Please note th wotes that are re after the deadline may not be consid at ‘our end, In case you require any further information please contact the undersigned. Your early response is highly solicited, Yours faithfully Coit lohit Bhargava Asst. General Manager Date: 08.05.2020. Place: Mumbai, aptatte fata Bard wren, iar (9.) : 8, Fee, | ct gta, seaers ae fifa ea Aes, ater (ofeaR), Fay 400 050, ART Corporate Financial Service Branch, Bandra (W) : 8, Meghdoot, 1st Floor, Junction of Linking & Turner Road Bandra (West), Mumbai - 400 050, India qexPVTel,: +91 (022) 2645 3677 / 78 * ¥-8SVE-mail: midbdr@bankofbaroda.co.in * Web : www bankofbaroda,comB dar xi aster Bank of Baroda (CFS Fl Bandra, ASM Appointment List ana Bonrowenitame: Total Banking Exposure (Rs. In | To Be Appointed (CMA - Crore) Credit Monitoring Agency) 1. | ADITYA BIRLA FINANCE LIMITED 23278.00 Yes 2 BAJAJ FINANCE LIMITED. 79446.14 Yes 3_| MUTHOOT FINANCE LIMITED 116765.00 Yes 4 | TATA MOTORS FINANCE LIMITED 15762.18 Yes TATA CAPITAL FINANCIAL 2 SERVICES LIMITED ssovea? Nes ‘SHRIRAM TRANSPORT FINANCE. sl COMPANY LIMITED azai00 ves 7 (| TATA cer SNS FINANCE es = 2. | DASA OUSGRNAE ae Ter 9. | L&T HOUSING FINANCE LIMITED 13124.00 Yes 10 HDB FINANCIAL SERVICES LIMITED] 47161.04 Yes RR INDIA FINANCIAL SERVICES ee PRIVATE LIMITED. BATS 00 ves 12. | BAJAJ HOUSING FINANCE LIMITED} 25644.54 Yes KKR INDIA ASSET FINANCE ae PRIVATE LIMITED. 2uzs0 Wes FULLERTON INDIA CREDIT 4 COMPANY LIMITED. 2724-80) Nes [JM FINANCIAL CREDIT SOLUTIONS 15 eae 4942.00, Yes INDIABULLS COMMERCIAL CREDIT| 16 aa 1851.00 Yes INDOSTAR CAPITAL FINANCE 7 EMER 7556.80 Yes FULLERTON INDIA HOME FINANCE| a COMPANY LIMITED. sa7.08 is INDIABULLS CONSUMER FINANCE 19 SAD 3952.00 Yes 20 Clix Capital Services Ltd 1715.00 Yes 22 ‘Clix Finance india Lid 1310.00 Yes 22 | Edelweiss Retail Finance Ltd 884.66 Yes ‘amitiee farce Wand eres, aig (9.) : 8, Baga, 1 at agit, seers sate fester ea eae Ae, aia coteaR), Fae 400 050, TET Corporate Financial Service Branch, Bandra (W) : 8, Meghdoot, 1st Floor, Junction of Linking & Tuer Road, Bandra (West), Mumbai - 400 050, india Reel, ; + 91 (022) 2645 3677 / 78 + -eVE-mall: midbdr@bankofbaroda.co in * Web : wwww.bankofbaroda.comB da ait aster Bank of Baroda CFS Fi Bandra, ASM Appointment List Total Banking Exposure (Rs.In | To Be Appointed (CMA - SIN Borrower Ni a rrower Name Crore) Credit Monitoring Agency) 23_| India Infoline Finance Utd 6037.00 Yes 24 | _JM Financial Products utd 1675.00, Yes 25 | Muthoot Housing Finance Ltd 1300.00 Yes 26 | Unimoni Financial Services Ltd 735.00 Yes Wi i 37 | Mahindra and Mahindra Financial ae = Services Ltd 3p Mahindra Rural Housing Finance ean ltd 29 | Incred Financial Services Limited 1112.51 Yes 30 | Motilal Oswal Home Finance Ltd 3849.73 Yes 31 | Ambit Finvest Private Limited 328.56 Yes 32 | Xander Finance Private Limited 930.57 Yes 33 | Tata Cleantech Capital Limited 4430.69 Yes apiatte facta Sard wren, aigr (9.) :8, Fee, | ct Aether, aes site feafaar ws cae Te, ater cotea), Fae 400 050, HITT Corporate Financial Service Branch, Bandra (W) : 8, Meghdoot, 1st Floor, Junction of Linking & Turner Road, Bandra (West), Mumbai - 400 050, India qeaPiTel.: + 91 (022) 2665 367 / 78 * &-AaVE-mail: midbdr@bankofbaroda.co.n * Web : ww bankofbaroda. comB @ar Hip agiel Bank of Baroda ASM Scope of Work ‘The broad scope of work for the external agency, ASM, as suggested by IBA, in carrying out a clean and effective monitoring of account is as under: 1. Monitor the purchases / invoice of the : company (about the quantum and reasonableness of the rates) for procurement of raw materials / spares / transportation of raw materials etc. on daily | weekly basis and compare vis-8-vis monthly operations budget submitted by the company at the time of quarterly Audit. 2. Review of inventory build-up (including trade receivables and advances to the company) for operations in commensurate with the funds released. 3. Source of margin towards working capital/L.C/8G. 4, Quality of Book Debt, their appropriateness, age wise classification and eligible Book Debts for Drawing Power. 5. Incase of consortium lending, ASM will monitor status of borrowing with member bank, conduct of accounts, business sharing etc. 6. Confirmation on availability of adequate insurance for the Securities/Stocks/Assets with bank Clause noted. 7. To submit monthly report about the inventory/ receivables position of the company including slow moving inventory if any, to arrive at correct Drawing power to the company. 8, The base of the assignment shall be previous three months stock/ statements of the entity in case of WC exposure and audit the movement assets and physical verification of stocks, verify OP calculation. 9. The agency shall also obtain pass sheets of all the Banks and reconcile and credits in the account with the movement of current assets 10. The agency shall verify the nature of transactions in the in the account TRA and critical observations if any shall be reported. 11, Level of Cash, Cash holding at end of the period Vis-a-vis the nature/ line of activity should be duly reported. 12. The agency shall verify the movement of debtors with Sales Book and the movement of creditors with purchase book (not applicable in case of NBFC).. 13. Additional verification of evidence of end use of fa conditions laid down by the Consortium of Lenders. 14. Fixed asset register to be verified for any additions/ deletions and reported with justifica 15. Contingent liabilities — LC/BG, outstanding and whether trade related. 16. Forex exposures - details of remittance sent and received are to be monitored to ensure that the same is in tune with the turnover reported under Forex and ECGC compliances with respect to Export credit, 17. Un-hedged exposure is to be analysed and the reasons for non-hedging and its impact to be analysed and reported. 18. Legal cases of the company. 19, Whether statutory payments are remitted promptly. 20. The agency shall clearly bring out cases bring out case of siphoning of funds, third party transaction, Non business transactions and fraudulent practices if any etc, along with the documentary evidence in support of their observations. ies to company and its utilization as per the ns. ‘aiette feta Sard eran, aigy (9.) : 8, aga, 1 at rete, sae arte feifaen OS THe He, aiaT (afreaM), HR 400 050, TET Corporate Financial Service Branch, Bandra (W) : 8, Meghdoot, tst Floor, Junction of Linking & Tumer Road, Bandra (West), Mumbai - 400 050, India ‘ReeaPVTel.: + 91 (022) 2645 3677 / 78 + ¥-RilE-mail: midbdr@bankofbaroda.co.in * Web : wwww.bankofbaroda.comB da ait aster Bank of Baroda 21. The agency shall ascertain the cash flow adequacy for operations to meet the existing debt obligations after providing for all operational expenses. 22. Related party transactions to be separately studied and reported and end use of funds to be ensure. Payment to third party by routing the entry through related party shall be specifically mentioned. 23, To verify the necessity of each high value payments as regards beneficiary and purpose. 24, Assessment of financial information that has been and that will be provided by the company to its lenders including information related to its short term and long term cash flow. 25. Transactions with Bank other the consortium/MBA Bank shall be verified and nature of such transactions to be reported. Extent of deficit in cash flows on account of such transactions to be ascertained. In case of listed companies quarterly cash flow statements published by the company to be obtained and any wide difference or deviations observed shall be reported. Account maintained in other banks to be commented upon. 26. Compliance of Sec 177 of the Companies Act 2013 with regard to the Corporate Audit Committee findings on the end use of Borrowed funds from bank. 27. The agency shall clearly bring out the cases of mis-representation of facts, malfeasance, unfair trade practices etc. 28. Overall assessment in the status of the account and likely performance and health of the account. 29, Identify the key issues and submit the report along with time suggestions/observations for improvement of asset quality/ viability of operations of the unit. 30. The agency shall look into any Information regarding floating of new subsidiary/ joint venture of the company. The agency shall also look into resignation of key management / technical personnel of the company. 31. The agency shall find out any information about the company, top § debtors and creditors of the company in public domain. 32. Perform such other services as requested by the lenders and mutually agreed by the party and lenders. 33. Additional verification of evidence of end-use of facilities to company and its utilization as per the ions laid down by the consortium/MBA of lenders. 34, Submit reports on - a) Temporary / long term/ Unscheduled closure of manufacturing facilities. b) Any untoward incident ¢) Suspicious activity 4) Non-cooperation from borrower to provide general information. 35. Periodical review of invoices to check their geniuses and reasonability of valuation mentioned therein and submission of exception report to the Consortium/ MBA. 36. Perform such other services as requested by the lenders and mutually agreed to by the party and lenders which inter alia shall contain the following: Comments on diversion of the funds. Confirmation on availability of adequate insurance for the Securiti / Receivables with bank clause. Verification of stacks/book debts at periodic intervals. Verification of availability of Forward/backward linkages ‘Analysis of age wise debtors with comments on its reliability. aah fatter dard ee, aigt (9.) : 8, Sgn, | atest, save ae faerie t, a tram), gat 400 050, eT Corporate Financial Service Branch, Bandra (W) : 8, Meghdoot. 1st Floor, Junction of Linking & Turner Road, Bandra (West), Mumbai - 400 050. India FP VTel.: + 91 (022) 2645 3677 178+ ¢-AcE-mail: midbdr@bankofbaroda.co.in * Web : www bankofbaroda.comB dar ait aster Bank of Baroda General Parameters for Monitoring |. Cash inflow Monitori a) Sources of cash inflow based on estimates/projections. b) Source of unsecured loan/NCO, its tenor and rate of interest, if any/sale of fixed assets/investments, interest/dividend received from investment. {c) Profit ploughed back and any windfall/exceptional cash Inflow e.g. profit from sale of fixed assets, tax refunds etc. (d) Sources of margin, whether it is through borrowing or through capital infusion and is brought as per sanction stipulation. (e) Monitoring of the payment transactions to/realizations from the group companies. Il, Cash Outflow Monitoring:- (i) Utilization in inventory build-up/acquisition of fixed assets/purchase-Invoices of the company (about quantum and reasonableness of rates) for procurement of raw material/spares/transportation of raw material etc. on daily/weekly basis and compare vis-d-vis monthly operation budget submitted by the company. (ii) Utilization in creditors repayment/repayment of term borrowing/Loans and advances to other firms. (ili) Capital drawings, if any / interest / dividend payouts/ redemption of debentures, if any shares buy back, if any (iv) Intercorporate transactions and/ or related party transactions (v) Timely and full payment of Govt,/ Statutory dues/ analysis of any other kind of outflow, if observed. Nl, Fund Flow Analysis: i) To highlight on diversion of short term funds in long term uses IV. Non Cash Parameter: i) ASM is expected to keep watch in Industry specific prevailing trends, cyclical changes, Govt. Polices and precautionary/mitigation measures sustainability/sensitivity in Products/Business. High value vendor due diligence, market values vis-a-vis Invoice price. Technological obsolescence and substitution measures Industry experts should also be involved while conducting stock audit in sectors where raw material/finished goods are of technical nature. ¥)___Toreport on any litigation, court cases including asset classification of associate concerns. The above list is only indicative and Bank reserves the right to include any other post monitoring activity as scope of work to be assigned and account specific monitoring activity, if any. ‘piatte facta Sard aren, aig (9.) : 8, fags, 1 ct gta, sae atte far ea cA Oe, ar ofa), Fae 400 050, AT Corporate Financial Service Branch, Bandra (W) : 8, Meghdoot, 1st Floor, Junction of Linking & Turner Road, Bandra (West). Mumbai - 400 050, India RUAPTeL, + 91 (022) 2645 3677 / 78» €-ReE-mal: midbcr@bankofbaroda.co in * 4Web : www bankofvaroda.comANNEXURE - 1 MODEL SAMPLE CHECKLIST FOR REPORTING BY ASM PART— A~ GENERAL. Sr. 4 LNo. Particulars 1 | Name of the borrower | Location t = [2 [Line of Activity: Major: Minor: 3” | Banking Arrangement: Consortium / Multiple Banking 4 | Aggregate Exposure FB and NFB a! Exposure: WC FB, WC NFB, TL Lead Bank / Largest Exposure Bank 5. | Validity of limits 6 | External Rating (Name of the agency and date of reporting) Short term rating: Long term rating: (Rating migration from last rating) 7 | Report for the Quarter ended | 8 | Date of Report 9 | Reference of Appointment Page 1 of 10PART B- REPORTING CHECKLIST FOR ASM - GENERAL (INDICATIVE LIST) Sr. No. Statement Comments of ASM 1 General observations at the time of unit visit etc, List of top ten debtors by value and age 2 [Comment on the Level of co-operation by the borrower | 3 | Level of Transparency in terms of disclosures and information made available 4 | Adequacy of replies / clarification / justifications for the queries raised by the Agency 5 | Adequacy of document provided by the company for study 6 | Inspection / verification of stocks / book debts and - submission of monthly (or as stipulated by Lenders) report on the format given by the lender 7 | Movement of current assets during the review period 8 | Movement of debtors / ageing of debtors / bad debts 9 [Drawing Power (DP) calculation - adherence to accounting standards, adequacy of DP 10 | Deficit if any - reasons and clarifications from the party Tl | Margin / security / charges / insurance on current assets 12 | Buildup of inventories 7 slow moving / obsolete stocks ete. 13 a) Movement of stock and book debts vis-d-vis sales turnover achieved during the period b) Whether stock statement and book debt statement generated through SAP / ERP or manually on | monthly basis (1a [Bilis including export bills outstanding for more thanperiod stipulated in sanction with reasons 15 | Sales turnover achieved vi Production achieved | manufacturing unit estimates for 16 | Verification of sales invoices raised by the company. Discrepancies 7 Verification of purchase bills Discrepancy if any 18 Verification of transactions in the operating account / TRA Unsatisfactory features if any including incidents of cheque return, non-payment of statutory dues etc. 19 Verification of debits entries during the review period vis-a-vis purchases payment expenses etc. 20 | Verification of high value debits - purpose and beneficiary 21 a) Verification of high value debtors and creditors through information available in the public domain }b) Verification of high value LC / BG beneficiary parties 2 ‘Assessment of financial information that has been and that will be provided by the company to its lenders including information related to its short term and long term cash flows B ‘Additional verification of evidence of end use of facilities to company and its utilization as per the conditions laid down by the consortium of lenders 24 Verification of credits in the account for the review period vis-a-vis advances received from customers Shortfall, if any 25 ‘Sales turnover rotated through bank account vis-a-vis sales as per sales register. Amount of turnover routed through each bank26 Infusion of funds during the period by promoters - | Capital, preference shares, quasi capital, unsecured loans etc. Source of funds Any round tripping post Balance sheet date 27 | Short term / Tong term loans raised during the review period with purpose 28 | Undisputed statutory dues outstanding for more than 6 months 29 | Verification of fixed assets Register - Additions vis-a- vis sources, deletions v/s utilisation etc. 30 | Devolvement of LC / LoU / Buyers Credit 31 [Tnvocation of BG during their view period and its impact 32_| Verification of export credit transactions. Discrepancy if any 33 | Adequacy of ECGC - pre and post shipment / buyer wise policy 34 [Nature and extent of Hedging - if no hedging is available reasons therefor 35, | Payment received and paid through third parties 36 | Related party transactions with group entities, IVs, subsidiaries etc. The agency shall look into floating of new subsidiary / JV Whether payments made with the approval of Lead Bank | 37 | Diversion / Siphoning of funds | Transactions unrelated to business 38 | Cash Flow adequacy vis-d-vis debt obligations 39 | Verification of contingent liabilities _ mh Any unsatisfactory feature 40 |Legal Suits-filed by company and filed against the company including cases of related parties pendingbefore various legal forums including NCLT | List with comments 41 _| Claims against the company (legal or otherwise) ‘42 | Incidents of short / long term closure of manufacturing | facilities 43 | Cases of untoward incidents fire, floods and other | cases of Force Majeure 44 | Incidents of Labour unrest, strike tax raids ete. 45 | Suspicious activities 46 | Any fraudulent practices noticed during the visit | ‘47 | Any cases of mistepresentation of facts, malfeasance, suppression of facts ete 48 | Changes in key Management personnel/Key technical personnel during the period 49 [a) Changes in the shareholding pattern and its impact ‘on the business b) Change in pledge of shares by promoters | 50. | Short term / long term impact of policy changes on the business / cash flows 31 | Long term impact of adverse developments on the industry front 52. | Performance at NSE / BSE with reasons for volatility during the review period, if any, in case of listed companies 53. | Identification of key issues and submission of the | report along with the suggestions with regard to smooth operations of the entity 54 | Overall assessment of the health of account and its likely performance over short to medium term 53 |Comments on Key Financial Indicator as per latest ABS, [56_[ Comments on quarterly’ half yearly reports/results57 | Comment on any other matter of relevance 58 | Default in undisputed payment to the statutory body as declared in Annual Report 39. | Frequent overdraft | 60 | High value RTGS to unrelated parties 61 | Claims not acknowledged as debt high | 62. | Unbilled revenue (advance receipt) | 63_| Substantial related party transaction (more than 10% of tumover) Pro-rata performance ae Estimate for Current | Achievement till | Pro-rata achievement | pools Year Quarter End percentage | Net Sales’ | Net Profit after | | Tax Note: 1. The above points may be used as indicative list for preparation of report. The format can be revised based on the specific requirements of each entity. The details against each item may be elaborated in the main report wherever necessary. 2. Necessary documents, photo copies, reports, certificates, copies of approvals etc. may be included in the report as enclosures. 3, The report must provide proper conclusive comments that would enable the lenders to take appropriate decisions.Part C: REPORTING CHECKLIST FOR ASM ~ MONITORING OF PROJECT UNDER IMPLEMENTATION (INDICATIVE LIST): Sr. ] No. { Particulars ASM Comments 1 [Site visit, document reviews and study of progress reports, especially vis-d-vis original timelines 2 [Determine progress achieved and appropriateness of related transactions (e.g. payments made to contractors and sub-contractors, vendors, orders placed and commercial terms thereof). Also flag any issue which is resulting in non/under ~ performance by the Contractor 3 | Genuineness of payment to related parties & any adverse impact 4 [Deviations in project progress vis-a-vis melines and amount disbursed. Monitoring of high value payments / dues and its proper utilisation Discrepancy if any 5_| Review of invoices and submission of exception report 6 | Fortnightly review of production’ supplies (quantities of works certified) vis-a-vis inventory consumption records and cash flow to Contractors, sub-contractors and vendors, wastages, extent of rework and quality non- conformities raised by company and highlight exceptions. A single review report will be released each fortnight for invoices raised and inventory consumed in that period 7 | Scheduled COD and number of months remaining to cop & | Progress of project vis-a-vis cost of project / means of finance Ultimate equity infusion and source thereof 9° | Status of physical progress 10 | Verification of Transactions in TRA- discrepancies, if any, to be reported TT | High value credits into TRA vis-d-vis disbursements from banks / capital infusion 12_[High value debits vis-i-vis_ payments to contractors,suppliers ete. 13 | Adequacy of land acquired 14 | Delay in terms of land acquisition and its impact on COD 15” | Delay in terms of construction and its impact on COD | 16 | Delay in terms of equipment supplies and its impact on | cop '17 | Delay on account of legal issues L 18 | Delay on account of socio-economic issues and its impact cn the sucess of project, 19 [Delay from the contractors side and its impact on the cop | 20 | Delay on account of untimely disbursement of funds 7 infusion of capital 21 [Delay on account of obtaining statutory licenses / approvals / permissions / Government clearances 2 | Overall impact of the above delays on the COD and success of project 23 _| Estimate of cost overruns on account of delays 24 | Resourcefulness of promoters to cover cost overruns 23 | Changes, if any, in the scope of originally conceived project 26 | Permissions / approvals from lenders for change in the scope of the project 27 | Additional funding if any by lenders to finance cost | ‘overruns and its impact on the financial viability | 28 | Approvals 7 Agreements like Tol rights / Fuel supply | Agreement / PPA etc. 29 | Financial health of promoting companies in case of SPVs 30 | Third party payments 31 | Verification of DSRA in case of projects who have achieved Provisional COD[32 Overall assessment of the project and its likely success | post COD | | 33 Suggestions, if any, for improving the project ‘management practices Perform such other services as requested by the lenders | and mutually agreed to by the party and lenders | The above points may be used as indicative list for preparation of Report. The format can be revised based on the specific requirements of each entity. The details against each item may be elaborated in the main report wherever necessary. Necessary documents, photo copies, reports, certificates, copies of approvals etc. may be included in the report as enclosures. The report must provide proper conclusive comments that would enable the lenders to take appropriate decisions, The Group also opined that the Report submitted by ASM, shall be signed by practising CA firm / practising CA / Licensed Engineer / Licensed Valuer along with the authorised signatory of empanelled company / firm as ASM. Each empaneled company / firm empaneled as ASM, should suitably modify the object clause in the MoA / Partnership Deed / to cover the scope of ASM, if felt necessary.ANNEXURE - IT CERTIFICATE a) I/we hereby certify that we have verified the transactions of Bank/s vis-a-vis movement of current assets for the quarter ended_ ..... and the transactions are found to be in line with the operations of the company for the said period. b) No inventory build up on account of slow moving / obsolete stocks was observed. Movement of stocks and book debts are found to be satisfactory and in line with the industry trends. c) High value debits in the account have been verified vis-a-vis purchases of raw material / stores and found to be order. Similarly, High Value credits in the account have been verified vis-a-vis advances from customers / income from operations and found to be in order. d) Related party transactions have been verified and observed that these transactions have arisen purely on account of business relations. e) The sales books have been verified vis-a-vis GST / DGFT (for export) / 26AS Returns and no major discrepancy was observed. f) The company is maintaining required level of transparency in terms of submission of data/ statements to the lenders as stipulated at the time of sanction. g) The cash flows for the review period were normal and there was no diversion of funds whatsoever and we are of the view that the loan funds availed by the company from Banks / Fls have been utilised for the purpose for which it was intended. h) We observe that there are no suspicious activity / transactions, cases of mis- representation / suppression of facts and fraudulent practices. The business operations of the company are found to be satisfactory and in accordance with the law. i) Overall dealings of the company are found to be satisfactory. We hereby certify that the facts, figures / data provided in the report are true and correct to the best of our knowledge (Signature with Stamp) Place: Date: 10B a 3ifm aslet Bank of Baroda ‘Appendix. Financial Bid (Please submit details/supporting documents in respect of each claim) Name of the Firm: Financial Bid for the Account: Period! Tenure for Engagement: With reference to above, we wish to submit our request/application for appointmentiempaneiment as ‘ASM in the account stated above and quote the following remuneration/compensation structure: SI-No. Item L a Professional fees* (For the tenure as mentioned above) [___2__ | Professional fees* (On per month basis in case of an exlension) ‘Amount * Lump sum fee to be mentioned and not as a percentage of the value of account. (a) GST on all expenses/fee is to be paid by the bank and the fee quoted in SI No. 1 andior SINo, 2 would be exclusive of GST (The Professional fees would be considered exclusive of GST While evaluating the bids) (b) All other charges wherever reasonable are to be paid on actual basis. (c) Before incurring any major expenses, permission from Branch Head of the concerned branch is to be obtained. We understand that the final selection of ASM shall be based on the weighted average combined final scores obtained in Technical Bid and Financial Bid. The weights to be assigned are 65% for Technical Bid and 35% for Financial Bid. The weighted average would then be calculated from the marks obtained in technical and financial bids as per the formula mentioned in the communication seeking submission of Bids. Signatures of Authorized Signatory/Partner(s)/Proprietor/Promoter Date: Place: Operational Procedure for ASM Appointment Page 4 0f 8DB 00 Bank of Baroda ‘Appendix:2 Proforma for Additional information (A)___ General Parameters: 1) Name of the ASM 2) Name of the Account for which application is submitted: 3). Registration No. (If any by IBA/Other Agency) 4) Constitution: 5) GST No. 6) Date of incorporation/Establishment: 7) Address: (Address of all Locations/Offices/Branches of the ASM to be given) 8) Contact Number(s) 9) EMail 1D(s): 10) Website 11) Whether blacklisted by any Financial Institution / other organization / any Government Department till the date of application. (The Firms, Companies and Organizations should furnish self attested affidavit in this regard) 12) Details of Director(s)/Partner(s)/Authorised Person(s) [Name ‘Address Contact Number E Mail ID Mobile No. 13) Details of Key PersonneV/Employees in the firm (Attach Profiles of each) Name ‘Address Contact Number E Mail ID Mobile No. 14) Name of the Key PersonneVEmployees in the firm (Who would be working on the project/account under the application) 15) Whether the ASM or any of its Directors/Employees isiwas/are hired in any form by the ‘Account/Firm for which the ASM is desired (like Consultant, Engineer, Auditor etc...)?(Give details) ‘Operational Procedure for ASM Appointment Page 5 ofB aq 3im aghet Bank of Baroda 16) Whether the ASM or any ofits Directors/Employees are/s related in any manner to the Account for which the ASM is desired? 17) Whether the ASM or any of its Directors/Employees have ever dealt with the ‘Account/Firm/Borrower for which the ASM is desired in any manner including debt syndication (Submit Details)?, 18) Firm/Director(s)/Partner(s)/ Promoter(s)/ Proprietor/Key Employees involved/ charged in tax! regulatory violations if any? (Give Details) 19) Firm/Director(s)/Partner(s)/Promoter(s)/Proprietor/Key Employees involved in litigation if any? (Give Details) Operational Procedure for ASM Appointment Page 6 078B ada 3ifm asic Bank of Baroda Other Information: submit detalls/supporting documents, if any, in respect of each claim) si No. Criteria Response ‘Number of ongoing assignments with Bank of Baroda (ASM and/or Similar) ‘Number of ongoing assignments with Other Bank (ASM and/or Similar) ‘Number of completed assignments (ASM and/or Similar) Turnover of accounts of the 3 major ASM and/or Similar assignment for an account handled/being handled by the ASM if any presently! so far. Also provide details whether worked as PMA or CMA or both (Give brief write up and a summary of the report without hurting the Non Disclosure Agreement in annexure) (Bank reserves the right to take an opinion {rom the assignor concerned on the satisfaction level from the assignment SN Tumover | Worked as PMAICMA a 3 Credit facilities of the Borrower in the 3 major ASM andlor Similar assignment for an account handled/being handled by the ASM if any presently/ so far, as provided above. Credit facilities to include entire banking arrangement of the borrower (Give brief write up and a summary of the report without hurting the Non Disclosure Agreement in annexure) (Bank reserves the right to take an opinion from the assignor concerned on the satisfaction level from the assignment SN | Credit Limits 1 ‘Whether worked as ASM and/or on a similar assignment in similar industry Number of Chartered Accountant(s) (CAs) in the firm as Employee(s)/ Director(s)/ Promoter(s)/Partner(s) who would be deployed on this project/assignment. Number of Industry Expert's) (Only the same industry as that of the Account under consideration would be eligible) (Atleast 5 years post qualification experience only will ~~ count) in. =the = firm =—as Employee(s)/Director(s)/Promoter(s)/Partner(s) who would be working on this projectiassignment. ‘Whether the ASM applicant has an office/setup in the cily of office/unily factory/etc... of the Account to be offered to ASM Operational Procedure for ASM Appointment Page 7 of 8B de 3iim agiat Bank of Baroda Declaration \We hereby confirm and deciare that the information given herein above is true and correct to the best of my knowledge and belief. We hereby express my/our interest to act as ASM, if empanelled/ entrusted by the Bank in the Account Signatures of Authorized Signatory*/Partner(s)/Proprietor/Promoter (‘Duly supported by authority letter from all/others including a board resolution if applicable) Date: Place: Operational Procedure for ASM Appointment Page 8 of8