Bharat Petroleum Corporation Ltd Tender by Bharat Petroleum Corporation Ltd (GEM/2025/B/6162704)

Tender Title: Custom Bid for Services - T4S AUDIT FOR A&A GA

Reference Number: GEM/2025/B/6162704

Issuing Authority/Department: Bharat Petroleum Corporation Ltd, under the Ministry of Petroleum and Natural Gas.

Scope of Work and Objectives

The primary objective of this tender is to engage a qualified service provider for conducting an audit identified as T4S Audit for A&A GA. The contractor will be required to assess the operational and financial activities relevant to the services provided, ensuring compliance with statutory regulations, corporate governance standards, and internal protocols.

This service aims at achieving an enhanced operational efficiency, risk management, and overall accountability pertinent to the financial assets and processes within the department. The successful bidder will facilitate a systematic examination of records, accounts, and processes to uncover areas of improvement.

Eligibility Criteria

To participate in this tender, potential bidders must meet the following eligibility requirements:

• Must be a registered entity with relevant experiences in audit services.
• Proven track record of similar audits in the petroleum or energy sector is advantageous.
• Compliance with statutory requirements and possession of necessary licenses and certifications related to audit services.

Technical Requirements

The bidder must demonstrate:

• Capability in providing detailed audit reports with actionable insights.
• A team of certified professionals, ideally with specific qualifications in auditing and accounting.
• Access to advanced auditing tools and software capable of managing and analyzing large volumes of data efficiently.

Financial Requirements

Bidders must provide detailed financial documentation, including:

• Proof of financial stability (e.g., financial statements audited by a recognized firm).
• A breakdown of expected costs associated with the delivery of auditing services.
• Evidence of previous similar contracts aligning with the financial scope of this tender.

Document Submission Details

All proposals must be submitted via the specified electronic platform by the indicated deadline. The application should include:

• A detailed technical proposal outlining audit methodologies.
• Financial bid breaking down costs associated with the project.
• Necessary certificates as prescribed under eligibility criteria.

Special Provisions

There are provisions benefitting Micro, Small, and Medium Enterprises (MSEs) and startups, encouraging their participation. This initiative aims to foster economic development by supporting local businesses in acquiring government contracts and services.

Evaluation Process

The evaluation of bids will follow a systematic approach, considering both technical and financial proposals. Key criteria include:

• Compliance with technical specifications.
• Quality of the audit approach and methodology.
• Cost-effectiveness and overall value proposition.

Delivery Locations

Services are expected to be delivered at designated locations specified by Bharat Petroleum Corporation Ltd, primarily focused around the Ministry of Petroleum and Natural Gas jurisdiction.

Contact Information

For further details or clarifications regarding this tender, bidders are encouraged to reach out to the official contact points provided in the tender documentation. Ensuring communication through the official channels will streamline the inquiry process.