Tender Title: Financial Audit Services
Reference Number: GEM/2025/B/6118663
Issuing Authority: Tribal Development Department Gujarat
The scope of work for this tender is to procure comprehensive Financial Audit Services specifically for audit reports prepared by a Chartered Accountancy (CA) firm. The selected firm will play a pivotal role in ensuring robust financial governance, compliance with applicable laws, and transparency in financial reporting which is essential for the development objectives set forth by the Tribal Development Department. The primary objectives include carrying out detailed financial audits, ensuring that financial statements accurately reflect the financial position of the department, and adherence to the standards set forth by regulatory authorities.
To qualify for participation in this tender, potential bidders must meet specific eligibility criteria which typically include being a registered Chartered Accountant firm with relevant experience in financial audits, particularly for government or non-profit entities. Bidders are required to submit relevant certifications and licenses demonstrating their ability to fulfill the contract requirements.
The technical requirements for responding to this tender include the submission of a detailed proposal that outlines the methodology to be employed for audits, credentials of the team members, and past experiences relevant to similar projects. Firms must also demonstrate their compliance with applicable laws and regulations relevant to financial audits.
In terms of financial requirements, bidders are expected to provide a detailed budget and payment plan, ensuring that the financial proposal is competitive and transparent. This will include clarity on costs incurred, any potential overheads, and a breakdown of fees associated with the services provided.
Document submission details are crucial to ensure a streamlined evaluation process. Bidders must follow the guidelines pertaining to the format and method of submission, which will typically include electronic submission through the procurement portal in acceptable formats such as PDF and Word documents.
The tender has special provisions to encourage Micro, Small, and Medium Enterprises (MSEs), as well as recognition for startups, providing them with an opportunity to participate by potentially relaxing some compliance requirements or budget constraints to promote inclusivity in government procurements.
The evaluation process for this tender will involve assessing both technical and financial proposals, with a particular focus on the experience and qualifications of the bidding firm, as well as the feasibility of their proposed audit methodology. Delivery of audit services will primarily take place at designated locations as specified by the Tribal Development Department.
In case of any inquiries, bidders are encouraged to reach out for contact information that may be available through the department's official announcements or procurement platforms.
Overall, this tender presents a vital opportunity for qualified and capable audit firms to contribute to the financial transparency and accountability of the Tribal Development Department, supporting its mission towards effective financial management and governance.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
5 DocumentsDocuments Required from Seller
- Experience Criteria
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Additional Doc 3 (Requested in ATC)
- Additional Doc 4 (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
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Frequently Asked Questions
The eligibility requirements typically include being a registered Chartered Accountant firm with necessary licenses and a proven track record of conducting financial audits, particularly for public sector or non-profit organizations. It’s essential to check if your firm meets the specific qualifications outlined in the tender to ensure compliance and successful participation.
Bidders must provide essential certificates such as the Certificate of Registration as a Chartered Accountant, GST registration, and any other relevant certifications that demonstrate compliance with local regulatory requirements. These documents ensure that bidders meet the professional standards required for financial audits.
The registration process involves submitting required documents through the designated procurement portal. Bidders need to create an account, complete their profile, and upload necessary documentation such as technical and financial proposals along with other required certificates. It is crucial to follow all specified procedures to ensure that submissions are valid and properly evaluated.
Bidders are usually required to submit documents in formats such as PDF or Word. It’s essential to adhere to the specific guidelines provided in the tender documentation regarding document formats to ensure successful submission and evaluation.
The payment terms will detail how and when payments will be disbursed once the services are rendered. Typically, payments may be structured in stages, based on milestones achieved throughout the audit process. Bidders should review specific criteria mentioned in the financial proposal section of the tender to align their budgetary proposals accordingly.
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