Gujarat Government Tender for Appointment of Internal Auditor at IITE 2025-26
Bid Publish Date
06-Aug-2025, 9:45 am
Bid End Date
22-Aug-2025, 12:30 pm
EMD
₹15,000
Location
Progress
This government tender offers a unique opportunity for qualified auditing firms to provide internal audit services at the Indian Institute of Teacher Education (IITE), Gandhinagar, for the 2025-26 financial year. The tender aims to ensure transparency, compliance, and efficiency in financial management through professional internal auditing. Open to experienced firms with relevant credentials, the process involves submitting detailed technical and financial bids via an online portal, with a bid validity of 120 days. The project is valued between INR 15,000 and INR 50,000, with deadlines set for bid submission and evaluation. Bidders must meet eligibility criteria, including certification, experience, and financial capacity. The tender process emphasizes fairness, transparency, and adherence to government procurement policies, providing an excellent opportunity for firms specializing in government audits and educational sector financial management.
Scope Of Work
The scope of work involves providing comprehensive internal audit services for IITE for the financial year 2025-26. Key deliverables include:
- Conducting detailed financial and operational audits
- Preparing audit reports with findings and recommendations
- Ensuring compliance with applicable laws and regulations
- Verifying financial statements and internal controls
- Providing suggestions for process improvements
The process involves the following steps:
- Review of existing financial records and internal controls
- Conducting field audits as per schedule
- Documenting audit findings
- Drafting and submitting audit reports to the Registrar, IITE
- Implementing corrective measures as advised
Bidder must ensure timely completion of each phase, maintain confidentiality, and adhere to the standards specified in the tender document. The detailed scope and technical requirements are outlined in the tender document available for download.
| Parameter | Specification |
|---|---|
| Audit Period | Financial Year 2025-26 |
| Reports Submission | Monthly and Final Reports |
| Compliance Standards | Government of Gujarat, ICAI/ICAI guidelines |
| Certification | Certified Internal Auditor (CIA) or equivalent |
| Experience | Minimum 3 years in government or educational sector audits |
Bidders should prepare their proposals accordingly, ensuring all deliverables are met within the stipulated timeline.
Technical Specifications
The technical specifications require bidders to possess relevant certifications such as CIA or equivalent, with at least 3 years of experience in internal audits. The audit process must adhere to the standards set by the Government of Gujarat and ICAI guidelines. Bidders should have a robust internal control system and use secure digital platforms for submission. The technical team must include qualified auditors with proven track records. The audit tools and software should be compliant with government data security policies. The process involves initial review, field audits, report preparation, and final submission, ensuring transparency and accuracy. All technical documentation must be submitted along with the bid, demonstrating compliance with the specified standards.
Financial Requirements
The estimated project budget ranges from INR 15,000 to INR 50,000, depending on the scope and complexity of the audit work. The bid security deposit (EMD) is INR 15,000, payable via demand draft or bank guarantee. Payment terms are as follows:
- 30% advance upon contract signing
- 40% after submission of interim reports
- 30% after final approval and submission of all audit reports
The financial bid should be submitted in the prescribed format, clearly indicating the total cost, including taxes and other applicable charges. The bid validity period is 120 days from the date of submission, ensuring the bidder's commitment to the quoted prices during this period.
Tender Data
Bid Details
Tender Type
Open
Sector
State Governments & UT
Tender Fee
₹1,000
Contract Form
Works
Completion Period
As per tender Document Attached
Currency Type
Single
Bid Submission Start
06-08-2025 15:15:00
Document Download End
22-08-2025 18:00:00
Bid Validity
120 Days
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Item Category
Miscellaneous Services
Authority & Contact
Officer Inviting Bids
Registrar IITE, Gandhinagar
Bid Opening Authority
Registrar IITE, Gandhinagar
Address
Indian Institute of Teacher Education, Ramakrishna Paramhans Vidya Sankul, “KH” Road, Near Mahatma mandir, Sector-15, Gandhinagar, Gujarat.
Contact Details
7923243733
Authority Records
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Documents 1
Tender Document (Internal Auditor) 2025_Final.pdf
TENDER_DOCUMENT
Bidding Process
Process Timeline
26-08-2025 12:00
Required Forms
PRIMARY
Tender Fee Form
Library-Standard
Emd Fee Form
Library-Standard
COMMERCIAL
FINANCIAL BID
User Defined Template-Secured
Required Documents
Stage - PRIMARY STAGE
ATTACHMENT HERE
Eligibility Criteria
- ✓ Must have valid Digital Certificate issued by a licensed Certifying Authority of India.
- ✓ Must submit the required documents listed under 'Documents required for Stage - PRIMARY STAGE'.
- ✓ Must have at least 3 years of experience in internal auditing, preferably in government or educational institutions.
- ✓ Financial capacity should meet the minimum criteria as per the table below:
| Criteria | Minimum Requirement |
|---|---|
| Annual Turnover | INR 5 Lakhs |
| Past Audits | At least 2 completed audits in last 3 years |
| Certification | Certified Internal Auditor (CIA) or equivalent |
- ✓ Bidders must not be blacklisted or debarred by any government agency.
- ✓ All submitted documents should be valid, authentic, and up-to-date.
- ✓ Bidders should have a valid PAN and GST registration.
Note: Non-compliance with eligibility criteria will lead to disqualification.
Frequently Asked Questions
Key insights about GUJARAT tender market
What is the main objective of this tender?
The primary objective is to appoint a qualified Internal Auditor for IITE, Gandhinagar, for the financial year 2025-26, ensuring transparent and compliant financial auditing services in accordance with government standards.
Who is eligible to participate in this tender?
Eligible bidders must have a valid Digital Certificate, at least 3 years of internal audit experience, a minimum annual turnover of INR 5 Lakhs, and should not be blacklisted. They must also submit all required documents as specified.
What are the key dates and deadlines for this tender?
Tender documents can be downloaded from 06-08-2025. The last date for submission is 22-08-2025 at 18:00. The technical evaluation will be conducted on 26-08-2025 at 12:00, with the final award expected by 30-08-2025.
How can I submit my bid?
Bidders must submit their technical and financial bids electronically via the official nProcure portal before the deadline. Ensure all documents, including tender fee and EMD, are uploaded correctly. Physical submissions are not accepted.
What are the evaluation criteria for selecting the successful bidder?
Selection is based on technical competence (50%), financial proposal (30%), and past performance (20%). Bidders must meet minimum technical scores and submit competitive financial bids to be considered.