Tender Title: Financial Audit Services

Reference Number: GEM/2025/B/6138934

Issuing Authority

Department of Electronics and Information Technology, Ministry of Electronics and Information Technology

Scope of Work and Objectives

This tender invites eligible bidders to provide Financial Audit Services as per the specifications mentioned in the attached documents. The main objective is to ensure that the financial statements of various projects and operations managed by the department are audited thoroughly in compliance with applicable laws and regulations. The service must include an assessment of financial performance, risk management, and adherence to financial policies established by the ministry.

Eligibility Criteria

Bidders must meet the following qualification requirements to be considered for this tender:

• Registered CA or Audit Firm with appropriate certifications.
• Demonstrated experience with governmental or institutional audit services.
• Adequate personnel and resources to complete the audit within stipulated timelines.
• Compliance with financial regulatory frameworks relevant to the department.

Technical Requirements

The technical specifications for the Financial Audit Services include:

• Application of generally accepted auditing standards (GAAS).
• Qualifications of audit team members, including certifications and experience in similar audits.
• Capability to perform risk assessments, test internal controls, and report findings effectively.
• Ability to use appropriate technology and methodologies for efficient auditing.

Financial Requirements

Participants must provide a detailed financial bid indicating pricing structure, including:

• Project costs and any additional charges.
• Payment schedules and terms.
• Performance security as per required guidelines.

Document Submission Details

Bidders are required to submit their proposals electronically through the designated portal. Documentation should include:

• Bid proposal including all requested information.
• Certificates validating eligibility.
• Financial statements and audit proposals.

Special Provisions

This tender provides specific benefits for Micro, Small, and Medium Enterprises (MSEs), encouraging participation through simplified guidelines and additional support during the bidding process. Startups are also welcome and will find favorable conditions outlined in the tender documentation.

Evaluation Process

The evaluation of bids will be based on:

• Compliance with eligibility and technical criteria.
• Financial proposals based on value for money.
• Quality and thoroughness of the audit methodology proposed.
  The awarding of the contract will favor bidders who demonstrate not just best price, but also quality and reliability.

Delivery Locations

Deliverables and associated reports must be submitted at the offices designated by the Department of Electronics and Information Technology, specifically aligned to each project being audited.

Contact Information

For more detailed inquiries regarding this tender process, potential bidders can refer to the portal’s contact section, ensuring to ascertain procedure clarity and submission guidelines.

This tender for Financial Audit Services represents a significant opportunity for qualified firms to contribute to governmental transparency and accountability. We encourage all interested parties to prepare comprehensive applications to meet the outlined specifications effectively.