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Closed 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, 1:37 pm
Financial
AwardCompleted

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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Technical Results

S.No Seller Date Status
1
A ARORA & CO   Under PMA
08-03-2025 19:07:01
2
A D R O I T & CO   Under PMA
27-03-2025 17:06:23
3
ANIL SHALINI AND ASSOCIATES   Under PMA
18-03-2025 17:58:09
4
BISWAS DASGUPTA DATTA & ROY   Under PMA
01-04-2025 15:54:11
5
G K KEDIA AND COMPANY   Under PMA
31-03-2025 15:15:35
6
HEM SANDEEP & CO   Under PMA
01-04-2025 16:09:42
7
MANOJ VATSAL & COMPANY   Under PMA
25-03-2025 12:54:42
8
MSUR & CO.   Under PMA
30-03-2025 14:15:10
9
MUKUL GARG & ASSOCIATES   Under PMA
31-03-2025 17:55:40
10
PRAVEEN SARIN & ASSOCIATES   Under PMA
01-04-2025 14:55:04
11
RAWLA & COMPANY   Under PMA
29-03-2025 13:17:09
12
S A R B & ASSOCIATES   Under PMA
01-04-2025 13:12:00
13
Shivani Jain And Associates   Under PMA
17-03-2025 13:17:39
14
Vinay Naveen and company   Under PMA
24-03-2025 12:40:16

Financial Results

Rank Seller Price Item
L1
A D R O I T & CO( MSE Social Category:General )    Under PMA
Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep
L2
G K KEDIA AND COMPANY( MSE Social Category:General )    Under PMA
Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep
L3
RAWLA & COMPANY( MSE Social Category:General )    Under PMA
Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep
L4
BISWAS DASGUPTA DATTA & ROY( MSE Social Category:General )    Under PMA
Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep

Tender Data

Bid Details

Quantity

1

Bid Type

Two Packet Bid

Bid Validity

25 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Tech Clarification Time

2 Days

Requirements

Experience Required

4 Year (s)

Arbitration Clause

No

Mediation Clause

No

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit report; Audit Firm, CA Firm, CAG Empaneled Audit or CA Firm

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTAGRICULTURE INSURANCE COMPANY OF INDIA LIMITED
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Documents 3

GeM-Bidding-7619255.pdf

Main Document

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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

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.

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