Department of Commerce Tender by Export Inspection Council Of India (eic) (GEM/2025/B/6124500)

Tender Title: Financial Audit Services - Review of Financial Statements
Reference Number: GEM/2025/B/6124500
Issuing Authority/Department: Department of Commerce, Ministry of Commerce and Industry

Scope of Work and Objectives

The tender for Financial Audit Services addresses the need for a comprehensive review of financial statements and the finalization of accounts for the EIC (Export Inspection Council), New Delhi. The scope includes critical tasks such as the compilation of data related to accounts for the fiscal year 2024-2025, as well as the preparation of budget proposals for fiscal year 2025-2026 for a total of six offices. Additionally, the awarded contractor will be responsible for presenting annual account summaries to relevant stakeholders.

The principal objective of this tender is to ensure transparent and efficient management of financial accountability, compliance with established regulations, and to provide accurate financial insights that will facilitate better fiscal planning for the coming years.

Eligibility Criteria

To be eligible to participate in this tender, bidders must meet specific criteria, which include being a registered entity recognized by necessary authorities and adhering to guidelines set forth by the Ministry of Commerce and Industry. Candidates should have experience in conducting similar financial audits and possess a capable team of certified professionals with relevant educational backgrounds and qualifications.

Technical Requirements

Bidders are required to demonstrate technical expertise in financial auditing, with a proven track record in reviewing financial statements, compiling financial data, and presenting findings clearly. They should have familiarity with the fiscal policies as well as compliance requirements as prescribed by the central government. Familiarity with local regulations concerning financial audits will be an added advantage.

Financial Requirements

Bidders should showcase comprehensive financial stability and the preparedness to undertake this project as specified. Evidence of the ability to fund the project should be provided, including past financial audits that demonstrate successful deliveries and uncompromising quality standards.

Document Submission Details

Interested parties must submit the requisite documentation outlining their credentials, proposed methodologies, financial proposals, and any additional relevant certifications. All documents should be in a recognized format, including PDF or DOC, and submitted via the electronic tendering platform. It is important to ensure that submissions are clear, organized, and complete, facilitating a smooth evaluation process.

Special Provisions

Special provisions may be made for Micro, Small, and Medium Enterprises (MSEs). Such entities are encouraged to participate in this tender, as they may benefit from relaxed criteria and potential financial support in securing contracts. Startups are also encouraged to submit their proposals under this category, fostering innovation and inclusivity in government tenders.

Evaluation Process

The evaluation of received tenders will follow a structured approach that assesses the submission based on technical capabilities, financial prudence, and compliance with eligibility requirements. Emphasis will be placed on previous experience, quality of service proposed, and overall cost-effectiveness of the tenders received.

Delivery Locations

The services will be rendered primarily at the EIC office located in New Delhi, with potential visits required to the six EIC offices as outlined in the scope of work.

Contact Information

All inquiries related to this tender should be directed to the appropriate contact persons listed in the tender notification. Please ensure clarity in communications through the specified channels to receive timely responses.