Invitation to Bid - Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep in PUNE, MAHARASHTRA

The eligibility requirements include being a registered entity capable of providing financial audit services. Bidders should possess relevant experience in conducting audits and must provide references or recommendations from previous clients who have engaged in similar services. Furthermore, adherence to industry regulations and standards is mandatory for all participants looking to engage with the Ministry of Information and Broadcasting.

Bidders must demonstrate possession of relevant certifications, such as Chartered Accountancy (CA) or equivalent qualifications that affirm their capacity to deliver financial audit services. These certifications underscore the ability to adhere to the legal and professional standards set forth by governing bodies. Additionally, proof of experience with the financial reporting frameworks is expected.

To ensure compliance with the submission process, bidders should carefully review the submission guidelines provided in the tender documentation. It is crucial to adhere to the document format specifications and to provide all necessary documentation in the required manner. Submissions should be made electronically through the designated portal, and any deviations from the requirements can lead to disqualification.

Bidders are required to submit an Earnest Money Deposit (EMD) as part of the proposal submission. This deposit is meant to secure the proposal and assure commitment to the tender terms. Additionally, a performance security may be required upon the award of the contract to ensure the fulfillment of contract obligations.

Micro, Small, and Medium Enterprises (MSEs) can benefit from special provisions outlined within the tender evaluation criteria. These provisions may include enhancements in scoring during the evaluation process, enabling MSEs to compete more fairly against larger entities. Moreover, participating in this tender assists in promoting the Make in India policy, which emphasizes local procurement and development of small enterprises.