Financial Audit Services - Financial Reporting Framework; Audit Firm, CA Firm, CAG Empaneled Audit
Agriculture Insurance Company Of India Limited
CENTRAL DELHI, DELHI
Posted:
29 January 2025
Closed:
10 February 2025
GEM
GEM
Competition Commission of India Financial Audit Services Tender West Delhi 2026 - CAG Empaneled CA Firm Requirements
Bid Publish Date
14-May-2026, 3:21 pm
Bid End Date
11-Jun-2026, 9:00 am
Value
₹4,00,000
Location
Progress
Issue14-May-2026, 3:21 pm
Corrigendum04-Jun-2026
AwardPending
Quantity
1
Bid Type
Two Packet Bid
Key Highlights
- • CAG empaneled CA firm eligibility requirement explicitly tied to the audit engagement
- • Estimated contract value of ₹4,00,000 with potential 25% scope/duration variation
- • Location constraint: West Delhi, Delhi 110008, tender in Delhi region
- • Delivery and payment terms are not explicitly stated; seek ATC clarifications
- • ATC document exists and may contain important conditions beyond the base terms
- • No BOQ items; procurement is for financial audit services under financial reporting framework
Categories
4
Tender Overview
Organization: Competition Commission Of India. Product/Service: Financial audit services focused on the financial reporting framework; eligible firms must be CAG empaneled CA firms or CA firms. Location: West Delhi, Delhi 110008. Estimated value: ₹4,00,000. Scope includes audit and compliance with financial reporting standards under applicable law. Buyer allows a 25% increase/decrease in contract quantity or duration at issuance or within contract; lumpsum adjustments permitted with provider consent. Unique aspect: alignment with CAG empanelment for governance audits and regulatory reporting.
Technical Specifications & Requirements
- Service scope: Financial audit and financial reporting framework compliance for organizational governance.
- Eligibility: CAG empaneled CA firm or CA firm with proven track record in government/audit environments.
- Deliverables: audit reports and financial statements aligned with statutory requirements; emphasis on accuracy of financial reporting framework compliance.
- Estimated value: ₹4,00,000; potential scope adjustments up to 25% as per ATC terms.
- Compliance: adherence to tender terms, with delivery of required documentation and audit artifacts within scope; no BOQ items present.
- Additional terms: optional scope expansion subject to mutual consent and 25% variation cap; ensure timely communication of any scope changes.
Terms, Conditions & Eligibility
- EMD: amount not disclosed in tender data.
- Delivery timeline: not specified in provided data; bidders should seek clarification.
- Payment terms: not specified in tender data; bidders should obtain exact terms.
- Documentation: submit GST, PAN, experience certificates, financial statements, EMD documents, and technical bid materials; OEM authorizations if applicable. ATC document linked by buyer may contain further conditions. Ensure bidder qualifies as a CAG empaneled CA firm or CA firm for West Delhi engagement.
Key Specifications
-
Service: Financial audit services for compliance with the Financial Reporting Framework
-
Eligibility: CAG empaneled CA firm or CA firm
-
Estimated value: ₹4,00,000
-
Variation clause: 25% increase/decrease in contract quantity or duration
-
Delivery/implementation: timeframe not specified; seek ATC for milestones
-
Deliverables: audit reports and financial statements aligned with statutory standards
Terms & Conditions
-
EMD amount not disclosed; confirm at bid clarifications
-
Contract variation up to 25% allowed at issuance and within contract
-
Deliverables must align with financial reporting framework and CAG standards
Important Clauses
Payment Terms
Payment terms are not specified in the published data; bidders must review ATC for exact schedule and milestones.
Delivery Schedule
No concrete delivery timeline available; bidders should obtain clarification and propose a compliant audit timeline.
Penalties/Liquidated Damages
No LD details in data; verify ATC for any performance penalties or cure periods.
Bidder Eligibility
-
Must be a CA firm or a CAG empaneled CA firm
-
Proven experience in government/audits and financial reporting
-
Registered GST and valid PAN; financial stability evidence
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Financial Audit Services - Financial Reporting Framework; CAG Empaneled Audit or CA Firm, CA Firm
Authority Records
MINISTRY OF CORPORATE AFFAIRS
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Bid Preparation
GeM Registration
Document Filing
Free consultation · 24h response
Documents 4
GeM-Bidding-9330046.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Past Similar Tenders
(Historical Results)
5 found
Financial Audit Services - Financial Reporting Framework; Audit Firm, CA Firm, CAG Empaneled Audit
Indian Telephone Industries Limited (iti)
BANGALORE, KARNATAKA
Posted:
24 July 2025
Closed:
4 August 2025
GEM
Financial Audit Services - Financial Reporting Framework, Audit report; CA Firm, CAG Empaneled Audi
N/a
ANAND, GUJARAT
Posted:
25 April 2025
Closed:
5 May 2025
GEM
Financial Audit Services - Financial Reporting Framework; CAG Empaneled Audit or CA Firm
Special Economic Zones
MUMBAI, MAHARASHTRA
Posted:
1 April 2025
Closed:
11 April 2025
GEM
Financial Audit Services - Audit report, Financial Reporting Framework; CAG Empaneled Audit or CA F
Centre For Development Of Advanced Computing (c-dac)
Posted:
29 January 2025
Closed:
18 February 2025
GEM
Tender Results
Loading results...
🤖 AI-Powered Bidder Prediction
Discover companies most likely to bid on this tender
Live AI
Historical Data
Required Documents
1
GST registration certificate
2
Permanent Account Number (PAN) card
3
Experience certificates highlighting CAG empaneled CA firm engagements
4
Financial statements for the past 2-3 years
5
EMD submission proof (if required by ATC, amount to be clarified)
6
Technical bid documents demonstrating CA firm capabilities
7
OEM authorizations (if required by tender terms)
Corrigendum Updates
3 Updates
#1
04-Jun-2026 Update
#2
04-Jun-2026 Update
#3
04-Jun-2026 Update
Extended Deadline
11-Jun-2026, 9:00 am
Opening Date
11-Jun-2026, 9:30 am
Frequently Asked Questions
Key insights about DELHI tender market
How to bid for Financial Audit Services tender in West Delhi 2026
Bidders must be a CAG empaneled CA firm or CA firm, submit GST and PAN, provide experience certificates, and financial statements. Include technical bid and any OEM authorizations if required. The estimated contract value is ₹4,00,000 with a 25% variation clause; obtain ATC for exact terms.
What documents are required for auditing services bid in Delhi
Required documents include **GST certificate, PAN card, experience certificates, financial statements, EMD proof (if applicable), technical bid, and OEM authorizations where required. Ensure the firm demonstrates CAG empanelment and relevance to government audit standards.
What are the eligibility criteria for CCI financial audit tender in West Delhi
Eligibility demands a CAG empaneled CA firm or CA firm with demonstrated governance/audit experience. Provide past audit engagements, a stable financial track record, and compliance with local tax registrations. No BOQ items; focus on statutory financial reporting expertise.
When is the delivery timeline for audit services in West Delhi
The tender data does not specify a fixed delivery schedule; bidders should reference the ATC document for milestones and submit a project plan aligning with statutory reporting cycles and CAG audit standards.
What are the payment terms for CCI audit contract West Delhi
Payment terms are not stated in the base data; bidders must review the ATC for payment schedule and milestones. Prepare to align invoices with completed audit deliverables and applicable regulatory deadlines.
Which standards must audit reports comply with for Delhi tender
Audit reports should align with the Financial Reporting Framework and applicable government auditing standards as per CAG empanelment requirements. Include clear compliance notes and supporting documentation for statutory reporting.
What is the scope variation allowed in the West Delhi audit tender
The contract permits up to 25% variation in quantity or duration at issuance and during execution. Any scope expansion requires mutual consent from the service provider and must be reflected in revised contractual terms.
Similar Tenders
5 found
Urgent
Sarva Shiksha Abhiyan Gujarat Financial Audit Services Tender 2026 - CAG Empaneled CA Firm IS 550/ISRE standards
Sarva Shiksha Abhiyan (ssa)
EMD: ₹2.1 L
Est: ₹70.0 L
⏰ Deadline: 3 days left
🛒 Type: Service
View
GEM
Urgent
Financial Audit Services - Review of Financial Statements, Audit report, Financial Reporting Framew
Export Inspection Council Of India (eic)
📍 WEST DELHI, DELHI
⏰ Deadline: 2 days left
🛒 Type: Service
View
GEM
Urgent
Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep
Indian Academy Of Sciences
📍 BANGALORE, KARNATAKA
Est: ₹79,000
⏰ Deadline: 6 days left
🛒 Type: Service
View
GEM
Urgent
Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep
Development Commissioner (micro Small & Medium Enterprises)
📍 ROHTAK, HARYANA
⏰ Deadline: 6 days left
🛒 Type: Service
View
GEM
Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep
N/a
📍 GANDHI NAGAR, GUJARAT
Est: ₹2.0 L
⏰ Deadline: 2 weeks left
🛒 Type: Service
View
GEM
Explore More Opportunities
Quick Access
Unlock Tender Documents
Sign up now to access all documents
Performance Analytics
7-metric analysis with year-wise breakdown
Competitor Intelligence
Multi-dimensional analysis across 6 parameters
Market Penetration
By department, ministry, geography & category
Historical Analysis
Complete tender history with results
Documents 4
GeM-Bidding-9330046.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS