Financial Audit Services - Review of Financial Statements

Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep

Service
Qty:NaN
EST Bid: ₹2.0 Lakh

Tender Timeline

Tender Issue
June 11, 2025 at 1:26 PM

Tender Description

Tender Title: Financial Audit Services - Review of Financial Statements
Reference Number: 341b1b56
Issuing Authority: Ministry of Home Affairs

The purpose of this tender is to procure Financial Audit Services for a thorough review of Financial Statements, encompassing all required documentation according to the Financial Reporting Framework and compliance with relevant audit standards. The selected firm will be responsible for providing comprehensive audit reports and advisory services to ensure that the financial activities of the Ministry are transparent and accountable.

General Information

Item Category
Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit report, as per scope of work; Audit Firm, CA Firm
Department Name
State

Financial Information

Estimated Bid Value
₹2,04,000.00
Minimum Turnover
₹8.00 Lakh (s)
Bid Offer Validity
180 (Days)
Arbitration Clause
No
Mediation Clause
No

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
Inspection Required
No
Technical Clarifications Time
2 Days

Tender Documents

5 Documents
GeM-Bidding-7953362.pdfMain Document
Other DocumentsOTHER FORM
Buyer uploaded ATC documentATC ATC
Other DocumentsOTHER APPENDIX
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Documents Required from Seller

  • Experience Criteria
  • Bidder Turnover
  • Certificate (Requested in ATC)
  • Additional Doc 1 (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

Frequently Asked Questions

The eligibility requirements include being a registered entity, specifically a recognized Audit Firm or Chartered Accountant (CA) Firm. Bidders must demonstrate prior experience in conducting financial audits, particularly in the public sector or similar domains, along with compliance with all relevant statutory regulations.

Bidders are required to present a complete set of documents incorporating the required certificates that verify their registration and experience. All submissions should comply with the formats indicated in the tender and must reflect adherence to the specified technical specifications and quality standards.

An Earnest Money Deposit (EMD) may be required as part of the tender submission process. Detailed information on the EMD and any performance security requirements will be specified in the tender documents. Failure to comply with these financial prerequisites may disqualify a bid.

Key timelines and deadlines for submission will be outlined in the tender documentation. It is crucial to adhere to these deadlines to ensure that your bid is considered in the evaluation process. Bidders should check the documentation for specifics related to the submission methods and evaluation timelines.

Yes, the tender includes benefits for MSEs and provisions for startups designed to facilitate their participation in government procurement. This is in recognition of their pivotal role in driving economic growth and innovation, aligning with national policies like ‘Make in India’.

Through this detailed FAQ section, prospective bidders can clarify common inquiries, helping them better prepare for participation in the tender process.

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