Thiruvananthapuram: Rebuild Kerala initiative (RKI) is set to execute an agreement with KPMG Advisory Services Pvt Ltd for project management support services (PMSS) on a payment contract of Rs 6.82 crores for a period of two years.
The high-level empowered committee (HLEC) of RKI had pitched the need for PMSS, citing the lean staff strength and lack of inhouse technical competency of RKI for project scrutiny/ execution/ management and monitoring. The minutes of the HLEC meeting in March 2019 shows that R K Singh, CEO, RKI, explained the necessity to have a PMSS entity with the objective of providing technical, management and secretarial support to RKI and line departments involved.
The cost of PMSS will be met from the allocation of $2 million under the restructured component of World bank loan to Kerala state transport project (KSTP)-2. KPMG was shortlisted along with five other firms for PMSS and 14 firms that had submitted expressions of interest.
The weightage given to the technical and financial proposals were in the ratio of 75:25. Minimum technical score required to pass was fixed at 75. Two bids which failed to achieve the minimum technical score were rejected.
As per the combined score and final ranking, KPMG emerged was the highest ranked bidder. Deloitte was at 2nd rank followed by Tractabel. Deloitte, Pricewaterhouse Coopers Pvt Ltd, Tractebel Engineering Pvt Ltd, KITCO and Rodic Consultants were shortlisted for PMSS, of which KITCO and Rodic failed to make it to the final round. The combined scores for Tractabel and Deloitte were 77.41% and 77.82% respectively while KPMG scored 89.95%. Three other firms in the final round had submitted financial proposals in Rs 8.5-8.6 crore range.
The opposition had earlier raised objections to selection of KPMG as consultancy for post-deluge reconstruction in 2018 and government had responded that KPMG offered services for free. Opposition leader Ramesh Chennithala had written to the state government to verify the credentials of KPMG and scrutinize the complaints against the firm, although they offered free consultancy services.
Singh of RKI said that the present assignment to KPMG is after competitive bidding, wherein they were the technically highest ranked and the lowest financial bidder. In the HLEC meeting in March 2019, then ACS Finance had said that RKI could have consultants on regular basis only in core areas and others may be hired on the basis of services rendered. The proposals were evaluated and ranked by the RKI Implementation Committee through Quality and Cost Based Selection (QCBS) mode of selection.
The state government had earlier entrusted KPMG with third-party audit work for Kerala state wide area network for three years and state data centres for five years for Rs 6.79 crore. The firm was also given contract by the state to study ease of doing business reforms.
The high-level empowered committee (HLEC) of RKI had pitched the need for PMSS, citing the lean staff strength and lack of inhouse technical competency of RKI for project scrutiny/ execution/ management and monitoring. The minutes of the HLEC meeting in March 2019 shows that R K Singh, CEO, RKI, explained the necessity to have a PMSS entity with the objective of providing technical, management and secretarial support to RKI and line departments involved.
The cost of PMSS will be met from the allocation of $2 million under the restructured component of World bank loan to Kerala state transport project (KSTP)-2. KPMG was shortlisted along with five other firms for PMSS and 14 firms that had submitted expressions of interest.
The weightage given to the technical and financial proposals were in the ratio of 75:25. Minimum technical score required to pass was fixed at 75. Two bids which failed to achieve the minimum technical score were rejected.
As per the combined score and final ranking, KPMG emerged was the highest ranked bidder. Deloitte was at 2nd rank followed by Tractabel. Deloitte, Pricewaterhouse Coopers Pvt Ltd, Tractebel Engineering Pvt Ltd, KITCO and Rodic Consultants were shortlisted for PMSS, of which KITCO and Rodic failed to make it to the final round. The combined scores for Tractabel and Deloitte were 77.41% and 77.82% respectively while KPMG scored 89.95%. Three other firms in the final round had submitted financial proposals in Rs 8.5-8.6 crore range.
The opposition had earlier raised objections to selection of KPMG as consultancy for post-deluge reconstruction in 2018 and government had responded that KPMG offered services for free. Opposition leader Ramesh Chennithala had written to the state government to verify the credentials of KPMG and scrutinize the complaints against the firm, although they offered free consultancy services.
Singh of RKI said that the present assignment to KPMG is after competitive bidding, wherein they were the technically highest ranked and the lowest financial bidder. In the HLEC meeting in March 2019, then ACS Finance had said that RKI could have consultants on regular basis only in core areas and others may be hired on the basis of services rendered. The proposals were evaluated and ranked by the RKI Implementation Committee through Quality and Cost Based Selection (QCBS) mode of selection.
The state government had earlier entrusted KPMG with third-party audit work for Kerala state wide area network for three years and state data centres for five years for Rs 6.79 crore. The firm was also given contract by the state to study ease of doing business reforms.
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