Department of Commerce Tender by Export Inspection Council Of India (eic) (964f0193)

Tender Title: Financial Audit Services

Reference Number: 964f0193

The Department of Commerce under the Ministry of Commerce and Industry is inviting bids for Financial Audit Services. This tender aims to procure comprehensive audit solutions to ensure financial accountability and transparency for various financial reports prepared by the department. The successful bidder will be required to conduct audits that adhere to specified quality standards and compliance requirements.

Scope of Work and Objectives

The primary objective of this tender is to engage a proficient CA Firm equipped to deliver high-quality financial auditing services. The scope includes but is not limited to a thorough examination of financial statements and reports, identification of financial discrepancies, evaluation of financial compliance, and providing a detailed audit report summarizing findings and recommendations.

Eligibility Criteria

Bidders must meet the following eligibility requirements to qualify for this tender:

• Registration as a Chartered Accountant Firm.
• Relevant experience in providing financial audit services.
• Compliance with local and national laws governing audit practices.
• Proven track record of successfully completing similar projects.

Technical Requirements

Bidders are required to demonstrate:

• A qualified team with necessary certifications in accounting and taxation.
• Extensive knowledge of applicable auditing standards.
• Familiarity with financial management systems.

Financial Requirements

The financial requirements include:

• Submission of a Bid Security or Earnest Money Deposit (EMD) as specified in the tender guidelines.
• A detailed financial proposal including a breakdown of costs for services rendered.

Document Submission Details

All required documents must be submitted electronically through the official tender submission portal. Bidders are responsible for ensuring all documents are complete and formatted as per the guidelines.

Special Provisions

This tender includes special provisions for Micro, Small and Medium Enterprises (MSEs). MSEs may benefit from simplified compliance requirements and financial assistance to encourage participation in government tenders.

Evaluation Process

The evaluation of bids will follow a structured process, where submissions will be assessed based on technical capabilities, financial proposals, and compliance with eligibility criteria. Preference may be given to MSEs and firms with proven experience in the sector.

Delivery Locations

The services are to be rendered across various locations as determined by the Department of Commerce depending on the needs for audits.

Contact Information

For further queries or information regarding this tender, interested bidders are encouraged to contact the Department of Commerce directly. Please ensure that all correspondence adheres to the communication methods specified in the tender guidelines.