Tender Title: Financial Audit Services
Tender Reference Number: GEM/2025/B/6146742
Issuing Authority
This tender is issued by the Agriculture and Co-operation Department Gujarat.
Scope of Work and Objectives
The primary objective of this tender is to procure Financial Audit Services for comprehensive auditing of departmental financial records. This includes providing an accurate audit report and ensuring compliance with statutory regulations. The awarded firm will be responsible for evaluating financial statements, internal controls, and risk management processes.
Eligibility Criteria
To participate in this tender, bidders must meet specific eligibility requirements, which include being a registered entity in India, having prior experience in auditing governmental financial statements, and being recognized by the relevant professional bodies. Interested parties should ensure they have the necessary credentials before submitting their bids.
Technical Requirements
Bidders must demonstrate proficiency in financial auditing and adhere to the International Financial Reporting Standards (IFRS). The audit firm should possess suitable certifications such as CA (Chartered Accountant) credentials and must have experience working on similar projects pertaining to governmental services.
Financial Requirements
Proposals must include a detailed financial breakdown, outlining the cost of the auditing services to be rendered. Pricing should be competitive and offer value for money to the Agriculture and Co-operation Department Gujarat. Bidders must also disclose any additional costs that may be incurred during the auditing process.
Document Submission Details
Prospective bidders must submit their proposals electronically, adhering to the specified formats outlined in the tender documentation. All required documents and certificates must be submitted by the stipulated deadline to ensure consideration.
Special Provisions
This tender includes special provisions to benefit Micro, Small, and Medium Enterprises (MSEs) and promotes participation from startups. Eligible MSEs may have certain price relaxation measures applied, fostering an inclusive bidding environment.
Evaluation Process
The evaluation of proposals will be conducted based on predetermined criteria focusing on technical capabilities, previous experience, and financial proposals. The selection process will ensure that the best-suited firm based on qualitative metrics will be awarded the contract.
Delivery Locations
The services will be rendered at the offices of the Agriculture and Co-operation Department Gujarat. All necessary coordination for site visits and data provision will be facilitated to ensure a smooth audit process.
Contact Information
For further inquiries, potential bidders can reach out to official contacts within the Agriculture and Co-operation Department Gujarat. Specific contact details should be referenced from the official tender documentation provided.
Additional Information
Potential bidders are encouraged to review all tender documents thoroughly to ensure compliance with requirements. All submissions must adhere strictly to the guidelines outlined to mitigate disqualification risks during the evaluation process.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
3 DocumentsDocuments Required from Seller
- Experience Criteria *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Similar Tenders
Frequently Asked Questions
The eligibility requirements include being a registered entity with appropriate certification from a recognized accounting body. Additionally, bidders should have prior experience in conducting financial audits for government entities, showcasing a solid understanding of applicable regulations and standards.
Bidders are required to meet stringent technical specifications, including compliance with the International Financial Reporting Standards (IFRS) and having qualified personnel such as Chartered Accountants (CAs). The firm should have a proven track record of successful audits in related fields to ensure high-quality deliverables.
To secure participation in this tender, bidders must submit an Earnest Money Deposit (EMD) in the prescribed format along with their proposals. This serves as a security measure to ensure intent and seriousness in bidding. Specific EMD amounts and acceptable payment methods can be found in the tender documentation.
Payments for services rendered will be processed in accordance with the agreed payment terms stated in the contract, typically contingent upon the successful completion of the audit and acceptance of the final audit report. Bidders should clearly outline their payment structure in their proposals for transparency.
Yes, this tender provides considerable benefits for Micro, Small, and Medium Enterprises (MSEs), including price relaxation and an inclusive bidding process aimed at encouraging diverse participation. MSEs are also permitted to showcase their capability through various exemptions applicable under governmental procurement guidelines.
This detailed content encapsulates the critical aspects of the tender while also adhering to SEO best practices and ensuring readability for potential bidders.
Probable Bidders
Get Tender Alerts
Get notifications for similar tenders