Bids are Invited For Financial Audit Services - Audit report; CAG Empaneled Audit or CA Firm in KRISHNA, ANDHRA PRADESH

The eligibility requirements include being a registered entity with necessary qualifications in audit services. Firms must be empaneled with the CAG and have prior experience in audits for government departments. Documentation and certifications validating these credentials are essential for qualification.

The required technical specifications focus on the firm's ability to maintain data confidentiality, proficiency in contemporary auditing technology, and adherence to national and international quality standards. Bidders must provide evidence of their technical capabilities and key personnel involved in audit operations.

The Earnest Money Deposit (EMD) is mandatory for participating bidders to secure their bids. The amount specified generally must be submitted as a bank guarantee or fixed deposit which will be forfeited if the bidder fails to comply with the terms after bidding. This serves to confirm the bidder's serious intentions towards the contract.

All bids must be submitted electronically through the designated portal, adhering to the specified submission methods outlined in the tender documents. Maintaining compliance with key timelines and deadlines is vital, and bidders are encouraged to track notifications posted on the government procurement portal.

MSEs can benefit from special provisions designed to encourage their participation in government contracts, including simplified compliance requirements and priority evaluations. This aligns with government initiatives to boost local enterprises and promote equitable participation in public sector tenders.