Contract Bidding Open For Financial Audit Services - Financial Reporting Framework; Audit Firm, CA Firm, CAG Empaneled Audit in CENTRAL DELHI, DELHI
Bid Publish Date
29-Jan-2025, 1:31 pm
Bid End Date
10-Feb-2025, 10:00 am
Location
Progress
Public procurement opportunity for Agriculture Insurance Company Of India Limited Financial Audit Services - Financial Reporting Framework; Audit Firm, CA Firm, CAG Empaneled Audit or CA Firm in CENTRAL DELHI, DELHI. Quantity: 1 issued by. Submission Deadline: 10-02-2025 10: 00: 00. View full details and respond.
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | ANRA & ASSOCIATES Under PMA | 06-02-2025 17:35:35 | |
| 2 | BIPIN VIVEK AND ASSOCIATES Under PMA | 07-02-2025 19:16:27 | |
| 3 | DAVINDER PAL SINGH & CO. Under PMA | 08-02-2025 15:57:23 | |
| 4 | jagdish chand & co Under PMA | 08-02-2025 17:30:12 | |
| 5 | KIRTANE & PANDIT LLP Under PMA | 08-02-2025 15:51:27 | |
| 6 | M.K. AGGARWAL & CO. Under PMA | 06-02-2025 17:44:03 | |
| 7 | MSUR & CO. Under PMA | 01-02-2025 18:16:10 | |
| 8 | PSMG AND ASSOCIATES Under PMA | 08-02-2025 12:37:41 | |
| 9 | UCC & Associates LLP Under PMA | 07-02-2025 19:20:17 | |
| 10 | VERMA ASSOCIATES Under PMA | 31-01-2025 14:32:36 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | M.K. AGGARWAL & CO. Under PMA | Item Categories : Financial Audit Services - Financial Reporting Framework; Audit Firm, CA Firm, CAG Empaneled Audit | |
| L2 | jagdish chand & co( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Financial Reporting Framework; Audit Firm, CA Firm, CAG Empaneled Audit | |
| L3 | VERMA ASSOCIATES( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Financial Reporting Framework; Audit Firm, CA Firm, CAG Empaneled Audit | |
| L4 | PSMG AND ASSOCIATES( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Financial Reporting Framework; Audit Firm, CA Firm, CAG Empaneled Audit | |
| L5 | UCC & Associates LLP( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Financial Reporting Framework; Audit Firm, CA Firm, CAG Empaneled Audit | |
| L6 | KIRTANE & PANDIT LLP( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Financial Reporting Framework; Audit Firm, CA Firm, CAG Empaneled Audit |
Tender Data
Bid Details
Quantity
1
Bid Validity
60 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Requirements
Arbitration Clause
No
Mediation Clause
No
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; Audit Firm, CA Firm, CAG Empaneled Audit or CA Firm
Authority Records
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Documents 4
GeM-Bidding-7442577.pdf
Main Document
Price Breakup Format for the bidders to upload for providing break-up of overall project cost:1738059425.pdf
Referenced Document
Buyer uploaded ATC document Click here to view the file .
Referenced Document
attached categories, trials are allowed as per approved procurement policy of the buyer nodal Ministries)
Referenced Document
Required Documents
Experience Criteria *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
Frequently Asked Questions
Key insights about DELHI tender market
What are the eligibility requirements for Financial Audit Services tender?
The eligibility requirements include being a registered entity and having 5 years of relevant past experience in the field of financial auditing. Bidders must also possess the necessary qualifications, such as a valid CA registration and adherence to applicable regulatory standards. Those seeking exemptions from the experience criteria must provide supporting documentation for evaluation.
What technical specifications must bidders meet for this tender?
The technical specifications require bidders to have proven experience in conducting rigorous financial audits, adherence to compliance standards, and capability to deliver quality audit opinions on public sector financial statements. Bidders need to demonstrate their technical proficiency in line with government accounting frameworks outlined in the tender documentation.
What are the Performance Security requirements for the tender?
Bidders are expected to provide a Performance Security as a guarantee for the satisfactory execution of the contract. This security will typically be a percentage of the contract value, held until the completion of the project. Details can be found in the tender documentation regarding the exact percentage required and the submission process.
How can bidders submit their bids for the Financial Audit Services tender?
Bids must be submitted via a two packet bidding system, where technical and financial bids are submitted separately. Bidders are advised to follow the guidelines provided in the tender documentation and ensure all required documents adhere to the specified format before submission.
What benefits do Micro, Small, and Medium Enterprises (MSEs) receive from this tender?
The tender provides specific benefits for MSEs, including relaxed eligibility criteria and potential exemptions on certain requirements. This encourages small firms to participate and contributes to the government’s focus on supporting local businesses in public procurement processes.