Invitation to Bid - Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep in SONBHADRA, UTTAR PRADESH

The eligibility requirements include being a registered entity in India, possessing a valid Chartered Accountant (CA) certification, or being a CAG empaneled audit firm. Bidders should have a proven track record in financial audits, especially in dealing with government entities. Adherence to regulations governing auditing practices is also critical for eligibility, ensuring that services meet prescribed standards.

To participate in this tender, bidders must provide relevant certifications, including their Chartered Accountant (CA) license or CAG empanelment documents. Additionally, any certifications that demonstrate compliance with quality standards and regulatory frameworks pertinent to financial auditing should also be submitted.

Documentation must be submitted electronically through the designated portal specified in the tender details. It is crucial for bidders to ensure that all required documents are complete, compliant with the specified formats, and submitted before the deadline.

Bidders may be required to provide a performance security guarantee as part of the tender process. This security ensures that the awarded firm executes the contract as stipulated. Typically, details regarding the amount and acceptable forms of security will be specified in the tender documentation, and bidders should prepare accordingly.

Micro, Small, and Medium Enterprises (MSEs) may receive various benefits, such as price preferences, relaxation of eligibility criteria, or assistance in the procurement process. The tender encourages participation by MSEs, emphasizing their role in enhancing competitive bidding and fostering local economic growth. Compliance with 'Make in India' policies will also be considered, benefiting local enterprises.