Tender Notice for Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep in Mohali, PUNJAB

The eligibility requirements include that bidders must be legally registered entities, possess a minimum of three years of relevant experience in financial audit services, and have an average annual turnover of at least INR 24 lakhs. Additionally, bidders should provide relevant documentation to support their eligibility claims.

Bidders must demonstrate compliance with recognized technical specifications relevant to the financial audit field. This includes submitting all required certifications and evidence of previous audit experiences that align with established quality standards in financial reporting. It is essential to verify that these documents conform to the requirements set forth in the tender.

Bidders are required to submit an Earnest Money Deposit (EMD) of INR 10,000 along with their bid. This deposit indicates the bidder's commitment to the process. Furthermore, the winning bidder will be obligated to furnish a performance security, the specifics of which can be found in the tender documentation.

Bids must be submitted electronically through the GeM portal. Each proposal needs to include the complete set of required documents in the prescribed format and must be uploaded before the specified deadline for submission. Bidders should refer to the official documentation for specific submission timelines.

Micro, Small, and Medium Enterprises (MSEs) can benefit from relaxed eligibility criteria, specifically in terms of experience and turnover requirements. They may also be given preference during evaluation, provided they submit the necessary documentation to support their claims of exemption from standard eligibility terms. Compliance with Make in India policies may also enhance their prospects in this tender.