Contract Bidding Open For Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep in SOUTH ANDAMAN, ANDAMAN & NICOBAR

The eligibility requirements include being a registered entity, demonstrating experience in providing financial audit services, and possessing a valid certification as a CA Firm or being among the CAG empaneled audit firms. Additionally, bidders should prove their capability in handling governmental audits effectively.

The technical specifications necessitate that bidders possess qualified personnel trained in audit processes, a demonstrated ability to conduct timely audits, and robust systems ensuring quality control. Bidders must submit documentation supporting their compliance with these requirements.

The payment terms will be specified in accordance with the submitted financial proposals. Typically, payments will be structured based on the completion of specific audit milestones and adherence to established invoicing protocols, ensuring timely funds disbursement for services rendered.

The evaluation and selection process will assess compliance with technical and financial requirements, experience, and cost-effectiveness. Each bid will undergo a structured evaluation to determine suitability for the scope of work outlined in the tender.

Yes, the tender includes benefits for Micro, Small, and Medium Enterprises (MSEs) by providing bid preferences aimed at supporting local businesses. MSEs meeting eligibility criteria can enjoy an advantage during the evaluation process, thereby promoting their involvement in governmental audit services.