Chennai Metro Rail Ltd Financial Audit Services Tender Chennai Tamil Nadu 2026 ISCI/CA Firm CAG Empaneled

Bidders must be CA Firms or Audit Firms with GST and PAN, preferably CAG-empaneled. Review ATC for quantity/duration variation up to 25%, submit financials for last 3 years, and provide government audit experience. Ensure Tamil Nadu presence and compliance with government auditing standards.

Submit GST registration, PAN, CA firm registration, CAG empanelment (if available), experience certificates for govt/rail audits, last 3 years financials, and technical bid outlining audit methodology and approach to financial statement review.

Scope includes review of financial statements, evaluation of the financial reporting framework, and issuance of audit reports. There are no BOQ items; engagement terms defined in ATC with potential 25% variation in quantity or duration.

Eligibility requires CA Firm or Audit Firm registration, GST and PAN, demonstration of prior govt/rail audit experience, and preference for CAG-empaneled firms. Location advantage is Chennai, Tamil Nadu, with compliance to statutory auditing standards.

Delivery timelines are tied to annual financial statement cycles; exact dates will be specified in the ATC. Bidders should prepare for quarterly/annual review cycles and ensure timely audit report submission per government norms.

Payment terms are detailed in the ATC; bidders should expect milestone-based payments upon completion of audit deliverables with standard government procurements. Confirm the schedule in the final contract and ensure compliance with invoicing requirements.

Check the ATC for explicit em panel requirement; if not mandatory, prioritize CAG-empaneled credentials to strengthen bid. Include evidence of empanelment or equivalent government audit accreditations in the technical bid.

Auditors should follow applicable government auditing standards and ensure compliance with statutory norms for financial reporting. While IS/ISO standards are not specified, adherence to national government audit practices and transparent reporting is essential.