Wapcos Limited Financial Audit Services Forensic Audit Gurgaon Haryana 2026
Progress
Key Highlights
- • Brand/Organization: Wapcos Limited, Department of Water Resources River Development and Ganga Rejuvenation, Gurgaon, Haryana
- • Technical standards: Not explicitly specified in data; bidders should demonstrate IS or IR standards for forensic audits as per government norms
- • Special conditions: ATC allows up to 25% scope/duration increase; contract value adjustments tied to consent
- • Eligibility: Forensic audit experience; government procurement compliance; GST and PAN active
- • Warranty/AMC: Not specified; emphasis on final audit reports and remediation plans
- • Penalties: Liquidated damages/penalties aligned to timeliness and quality of audit deliverables
- • Delivery: Reports and management letters to be furnished per contract milestones
- • Documentation: EMD ₹600,000; bid submission includes GST, PAN, financials, experience certificates, audit reports
Tender Overview
Wapcos Limited, operating under the Department of Water Resources River Development and Ganga Rejuvenation, seeks forensic audit of financials for internal compliance and risk assessment in Gurgaon, Haryana. The engagement targets a financial audit services scope with an estimated value of ₹30,000,000 and an EMD of ₹600,000. The contract may align with 25% quantity/duration adjustments per ATC, and bidders must align with lump-sum service provisions if applicable. The opportunity centers on a government-aligned audit engagement for a prominent organization, with bidder readiness to demonstrate forensic audit capability and stringent reporting standards.
Technical Specifications & Requirements
- Organization: Wapcos Limited; Department: WRRD & Ganga Rejuvenation; Location: Gurgaon, Haryana 122001
- Category: Forensic Audit of financials; Estimated Value: ₹30,000,000; EMD: ₹600,000
- Scope: Forensic audit of internal financial statements, control testing, fraud risk assessment, and compliance verification
- Delivery/Reporting: Detailed audit reports, management letters, and issue remediation plans compliant with government audit standards
- ATC/ATC-Linked Terms: 25% quantity/duration flexibility at contract issue and post-issue (subject to consent)
- Notes: No BoQ line items; terms emphasize acceptance of revised scope within stated ATC limits
Terms, Conditions & Eligibility
- EMD: ₹600,000; mode: per tender terms (as specified in ATC)
- Experience: Demonstrated forensic audit capability; prior government or large-scale financial audit experience preferred
- Delivery Timeline: Audit deliverables and final report aligned to contract milestones; exact dates not provided in data
- Payment Terms: Standard terms subject to contract; details not disclosed in available data
- Documents: GST, PAN, company financials, experience certificates, prior audit reports, and technical bid documents
- Penalties/Warranty: Penalty clauses aligned to audit deliverable timeliness and report accuracy per ATC
- Scope Flexibility: Up to 25% scope/quantity adjustment permissible with consent
- Registration: Firm must be eligible to bid under government procurement norms and comply with related statutory requirements
Key Specifications
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Engagement: Forensic audit of financials for Wapcos Limited
-
Estimated contract value: ₹30,000,000
-
EMD: ₹600,000
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Location: Gurgaon, Haryana
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Scope flexibility: Up to 25% increase in quantity/duration with consent
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Deliverables: Detailed audit reports, management letters, remediation plans
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No BOQ items specified; rely on ATC terms for scope changes
Terms & Conditions
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EMD amount and submission as per ATC; ensure compliance and timely submission
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Contractual scope may be increased by up to 25% with consent
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Delivery of forensic audit reports and accompanying documentation within contract milestones
Important Clauses
Payment Terms
Standard government procurement payment terms subject to contract; exact terms not disclosed in available data
Delivery Schedule
Audit deliverables and reports to be submitted per contract milestones; exact dates not provided
Penalties/Liquidated Damages
Penalties aligned to timeliness and quality of audit deliverables as per ATC; LD rates not specified
Bidder Eligibility
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Proven forensic financial audit experience, with documented government/PSU engagements preferred
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Active GST registration and valid PAN
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Financial capability to support a ₹30,000,000 engagement and EMD of ₹600,000
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
Yes
MII Compliance
Yes
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
600
Experience Required
7 Year (s)
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Financial Audit Services - ENGAGEMENT OF AGENCY FOR FORENSIC AUDIT OF FINANCIALS OF WAPCOS LTD; Audit Firm
Advisory Bank
State Bank of India
ePBG Percentage
3%
ePBG Duration (Months)
11
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Pre-Bid & Qualification
Pre-Bid Date
17-09-2026 12:00:00
Pre-Bid Venue
Online VC https://teams.microsoft.com/l/meetup- join/19:meeting_NTE2MDBmZWYtOWIxYS00NDFkLWEyNzgtMTUzZmY4ZjRhO [email protected]/0?context={"Tid":"d6268e83-f57b-405a-94d6- bdabe3e401f9","Oid":"12ad85b1-f5e9-4d7d-bba1-98b12a2d6c09"}
Delivery Details
Delivery Locations
1
Delivery Cities
Gurugram
Delivery Pincodes
122015
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Virendra Dhawan | 122015,Plot No 76C, Institutional Area, Sector 18, Gurugram | Gurugram | Haryana | 122015 | Project / Lumpsum Based | - | - |
Authority Records
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Documents 6
GeM-Bidding-9878960.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
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GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates of prior forensic or financial audits
Financial statements for the last 3 financial years
EMD submission proof (₹600,000)
Technical bid documents and methodology for forensic audit
OEM/firm authorizations or applicable licenses
Prior audit reports or engagement letters for government/PSU clients
Frequently Asked Questions
Key insights about HARYANA tender market
How to bid for forensic audit services in Gurgaon Haryana 2026?
Bidders must submit GST, PAN, financial statements, and experience certificates, along with technical bid documents for the Wapcos forensic audit engagement in Gurgaon. The EMD is ₹600,000. Prepare a detailed audit methodology, prior government engagement proofs, and ensure compliance with government procurement norms.
What documents are required for Wapcos forensic audit tender in Haryana?
Required documents include GST registration, PAN, three years of financial statements, experience certificates in forensic/financial audits, prior audit reports, technical bid, and EMD proof of ₹600,000. Ensure OEM authorizations if applicable and enrollment in government e-procurement portal.
What are the delivery requirements for the Wapcos forensic audit engagement?
Deliverables include comprehensive forensic audit reports, management letters, and remediation plans. Reports must align with contract milestones, with final submission and acceptance by Wapcos Limited. ATC allows up to 25% scope expansion with consent.
What is the estimated contract value for the Gurgaon audit bid 2026?
The estimated contract value is ₹30,000,000. Bidders should price the forensic audit scope accordingly, including potential scope changes up to 25% as per ATC terms, and ensure project cash flow supports this engagement.
What are the key eligibility criteria for Wapcos forensic audit tender?
Eligibility requires proven forensic audit experience, preferably with government or PSU clients, an active GST registration and PAN, and financial strength to support a ₹30 million contract. Prior engagement letters and audit reports should be available for verification.
Are there any specific penalties for late forensic audit deliverables?
Penalties or liquidated damages apply for delayed or substandard audit deliverables as per ATC. Exact LD rates are not specified in the available data; bidders should ensure robust project management and timely reporting to mitigate risk.