Bid Publish Date
02-Jan-2026, 1:38 pm
Bid End Date
12-Jan-2026, 3:00 pm
Value
₹2,02,960
Location
Progress
Quantity
1
Bid Type
Single Packet Bid
The Security Printing and Minting Corporation of India Limited (SPMCI L) invites bids from CA firms for a special audit to reconcile inventories at the IGM-Hyderabad Branch for FY 22-23, 23-24, and 24-25. The objective includes reconciling opening/closing stock, procurements, production, issues, wastage, and SAP vs physical inventory, with a validated position as of 30 September 2025. Eligible firms must be C&AG-empaneled and maintain a Hyderabad office, ensuring independence and conflict-free engagement. Estimated cost is ₹2,02,960 (including GST). Nodal contact: Ashish Garg, Manager(F&A).
Inventory audit scope: opening/closing stock, procurements, production, issues, receipts, wastage, and packing
Inventory categories: coin blanks, WIP, finished coins, rejects, consumables
Documents to examine: Physical Registers, SAP entries, GRNs, in-house tests, Vouchers, Production reports
Deliverable: validated inventory position as of 30 September 2025
Standards/Compliance: C&AG empanelment; independence declaration; no prior association with unit audits during FY22-25
C&AG-empaneled CA firm with Hyderabad office
Independence declaration required before commencement
ToR focuses on inventory reconciliation across SAP and physical records
Estimated project cost ₹2,02,960 including GST
Documents include GST, PAN, empanelment proof, and independence proof
The auditor must declare absence of association with the unit's internal or statutory audits during FY22-25 and provide an independence statement prior to commencement.
The audit firm must maintain a registered office or branch in Hyderabad to facilitate on-site access.
Firms must be empaneled with the Comptroller and Auditor General of India (C&AG) for eligibility.
Audit scope per Annexure 1 includes reconciliation of opening/closing stock and preparation of a validated inventory position as of 30/09/2025.
Must be a C&AG-empaneled CA firm with Hyderabad office
No ongoing association with SP/Mcil internal or statutory audits for the review years
Proven experience in government inventory/audit work and SAP-integrated stock reconciliation
Atomic Energy Education Society (aees)
HYDERABAD, TELANGANA
Employees State Insurance Corporation (esic)
KAMRUP, ASSAM
Goa Natural Gas Pvt Ltd
North Goa, GOA
Quality Council Of India
CENTRAL DELHI, DELHI
Planning Division General Administration Department
SURENDRA NAGAR, GUJARAT
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GST registration certificate
Permanent Account Number (PAN) card
C&AG empanelment certificate or evidence
Independence/deconfliction declaration
Proof of Hyderabad office address
Authorization or engagement letter (if any) and data access plan
Auditor firm profile focusing on inventory/audit experience
Any prior similar government inventory audit reports
Key insights about DELHI tender market
Bidders must be C&AG-empaneled CA firms with a Hyderabad office, submit independence declarations, and provide GST and PAN details. The ToR requires reconciling SAP vs physical inventory for FY22-25, and a validated position as of 30/09/2025. Ensure no conflicts of interest.
Submit GST certificate, PAN card, C&AG empanelment proof, independence declaration, Hyderabad office proof, engagement letter, and firm profile highlighting government inventory audit experience. Include data access plan for records at IGM-Hyderabad.
The estimated cost is ₹2,02,960 including GST at 18%. Confirm if GST is applicable to billings and ensure alignment with final approvals and any additional expenses during fieldwork.
Categories include coin blanks, WIP, finished coins, rejected blanks, defective coins, wasters/scrap, and consumables used in coin production. The audit will reconcile opening/closing stock and procurement, production, and packing records.
The firm must declare independence and absence of conflict of interest prior to commencing the audit, with no association to internal or statutory audits for FY22-25 at the unit.
The ToR requires a validated inventory position as of the end of the last completed quarter, specifically 30th September, 2025, derived from reconciled SAP and physical records.
Bidders must maintain an office in Hyderabad to facilitate access to records at IGM-Hyderabad, ensuring prompt coordination with the Nodal Officer and CGM-nominated support.
Payment terms are not specified in the available data; bidders should request clarification during bid submission and align with government procurement norms and possible milestone-based payments.
Central Medical Services Society (cmss)
📍 SOUTH WEST DELHI, DELHI
Assam Skill Development Mission
📍 KAMRUP, ASSAM
Indian Institutes Of Science Education And Research (iiser)
📍 CHITTOOR, ANDHRA PRADESH
N/a
📍 NAVSARI, GUJARAT
National Institute Of Mental Health Rehabilitation
📍 SEHORE, MADHYA PRADESH
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Main Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
