Financial Audit Services - AS per ATC; CA Firm

The eligibility requirements include being a registered Chartered Accountancy firm with valid licenses and certifications. Bidders should demonstrate at least five years of auditing experience and provide evidence of previous projects, preferably in government settings. Adherence to quality standards is mandatory, ensuring firms are capable of offering reliable services.

The registration process necessitates the submission of specific certificates, including a valid CA registration, proof of experience, audited financial statements, and compliance documentation. Bidders must ensure all documents are up to date and provided in acceptable formats as specified in the tender guidelines to complete their application successfully.

Performance security requirements stipulate that bidders must submit an Earnest Money Deposit (EMD) alongside the proposal. The amount and terms for performance security are outlined in the tender documents, ensuring bidders maintain accountability for contract fulfillment. Familiarity with these requirements is crucial for successful bid submission.

Payment terms for this tender generally involve milestone-based payments contingent upon the completion of audit phases. Detailed conditions will be specified in the contract, and it is essential for bidders to understand and prepare a clear pricing strategy that aligns with these payment structures to ensure smooth financial transactions.

This tender incorporates numerous benefits for MSEs, including relaxed eligibility criteria to encourage their participation. MSEs may also be eligible for financial incentives, such as budgetary support or grants aimed at bolstering local businesses within the state, thereby supporting the initiative to promote local economic growth and sustainability.