Financial Audit Services - Department of Commerce
Financial Audit Services - Audit report, Financial Reporting Framework, Review of Financial Stateme
Tender Timeline
Tender Description
Tender Title: Financial Audit Services
Tender Reference Number: 1b740b9aa
The Department of Commerce, under the Ministry of Commerce and Industry, is seeking bids for Financial Audit Services. This tender aims to engage qualified auditors for conducting comprehensive financial audits, including audit reports, financial reporting frameworks, and the review of financial statements.
Scope of Work and Objectives
The primary objective of this tender is to obtain professional financial audit services to ensure compliance with statutory requirements and to enhance the accuracy and reliability of financial reporting. Services required will encompass:
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
2 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (Requested in ATC) *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
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Frequently Asked Questions
The eligibility requirements for financial audit services include being a registered entity or CA firm, being empaneled with the Comptroller and Auditor General (CAG) of India, and having demonstrable experience and expertise in delivering financial audit services to both government and private sector clients.
Bidders must furnish valid registration certificates, including CAG empanelment letters, as part of their submission. Additionally, recent financial statements reflecting the firm’s performance and capabilities in the financial audit domain should be included.
To register for the tender submission process, interested firms must create an account on the designated bidding platform. Follow the procedures outlined on the platform to complete your registration and ensure that all relevant documents are ready for upload.
Documentation submissions must be completed electronically, with accepted formats typically including PDF or Word documents for written submissions. Additionally, ensure that any supporting documentation complies with the specifications provided in the tender details.
The evaluation and selection process will assess received bids based on compliance with technical and financial criteria, cost-effectiveness, and the qualifications of the presenting firm. Each submission will be scored according to established metrics outlined by the Department of Commerce for transparency and fairness in selection.