GEM

Government Tender Published for Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep in WEST DELHI, DELHI

Bid Publish Date

07-Mar-2025, 4:24 pm

Bid End Date

01-Apr-2025, 5:00 pm

Value

₹10,000

Progress

Issue07-Mar-2025, 4:24 pm
Technical03-Aug-2025, 7:07 pm
Financial
AwardPending
Explore all 5 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Categories 6

Public procurement opportunity for Agriculture Insurance Company Of India Limited Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit report; Audit Firm, CA Firm, CAG Empaneled Audit or CA Firm in WEST DELHI, DELHI. Quantity: 1 issued by. Submission Deadline: 01-04-2025 17: 00: 00. View full details and respond.

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Required Documents

1

Experience Criteria

2

Certificate (Requested in ATC)

3

Additional Doc 1 (Requested in ATC)

4

Additional Doc 2 (Requested in ATC)

5

Additional Doc 3 (Requested in ATC)

6

Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

7

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Technical Results

S.No Seller Item Date Status
1A ARORA & CO   Under PMA08-03-2025 19:07:01Disqualified
2A D R O I T & CO   Under PMA27-03-2025 17:06:23Qualified
3ANIL SHALINI AND ASSOCIATES   Under PMA18-03-2025 17:58:09Disqualified
4BISWAS DASGUPTA DATTA & ROY   Under PMA01-04-2025 15:54:11Qualified
5G K KEDIA AND COMPANY   Under PMA31-03-2025 15:15:35Qualified
6HEM SANDEEP & CO   Under PMA01-04-2025 16:09:42Disqualified
7MANOJ VATSAL & COMPANY   Under PMA25-03-2025 12:54:42Disqualified
8MSUR & CO.   Under PMA30-03-2025 14:15:10Disqualified
9MUKUL GARG & ASSOCIATES   Under PMA31-03-2025 17:55:40Disqualified
10PRAVEEN SARIN & ASSOCIATES   Under PMA01-04-2025 14:55:04Disqualified
11RAWLA & COMPANY   Under PMA29-03-2025 13:17:09Qualified
12S A R B & ASSOCIATES   Under PMA01-04-2025 13:12:00Disqualified
13Shivani Jain And Associates   Under PMA17-03-2025 13:17:39Disqualified
14Vinay Naveen and company   Under PMA24-03-2025 12:40:16Disqualified

Financial Results

Rank Seller Price Item
L1A D R O I T & CO( MSE Social Category:General )    Under PMA₹16,520Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep
L2G K KEDIA AND COMPANY( MSE Social Category:General )    Under PMA₹59,000Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep
L3RAWLA & COMPANY( MSE Social Category:General )    Under PMA₹1,76,858Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep
L4BISWAS DASGUPTA DATTA & ROY( MSE Social Category:General )    Under PMA₹2,83,200Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep

Frequently Asked Questions

Key insights about DELHI tender market

What are the eligibility requirements for participating in this tender?

The eligibility requirements include being a registered entity with a proven track record in financial auditing. Bidders must be either a CA Firm, Audit Firm, or CAG Empaneled and demonstrate relevant experience in handling financial audits. Furthermore, all personnel assigned to the project must hold valid certification as Chartered Accountants, ensuring they meet the professional standards required for audit compliance.

What certificates are necessary to submit with the bidding documents?

Bidders are required to include several supporting certificates along with their proposals. These may include valid registration certificates, certificates proving the qualifications of auditing personnel, and previous audit assignments completed successfully. Additionally, proof of financial stability and operational capabilities should be highlighted to ascertain the firm's readiness for undertaking this financial audit service.

How should I submit the documents for this tender?

Documents must be submitted electronically via the designated online platform specified in the tender guidelines. Bidders should ensure that all documents are complete, formatted correctly, and uploaded by the deadline outlined in the tender publication. Failure to adhere to submission methods may result in disqualification from the bidding process.

Are there any provisions for Micro, Small, and Medium Enterprises (MSEs) in the tender?

Yes, this tender includes specific provisions aimed at fostering Micro, Small, and Medium Enterprises (MSEs). These provisions may offer benefits such as relaxed eligibility criteria, preferential scoring during evaluation, and opportunities designed to enhance MSE participation. Such efforts are in line with broader policies to boost economic growth through inclusive practices.

What are the evaluation criteria used in the selection process for this tender?

The evaluation criteria for this tender involve assessing technical capabilities, financial stability, and past performance on similar projects. Bids will be compared based on the completeness of documentation, the qualifications of personnel, and the proposed methodologies for conducting financial audits. The evaluation aims to select the most qualified firm capable of delivering high-quality audit services, promoting transparency and rigor in financial management.