Tender Notice for Cyber Security Audit - Security and Compliance Audit

The eligibility requirements include being a registered entity in India, showcasing relevant experience in conducting cybersecurity audits, and having necessary certifications in cybersecurity and compliance. Bidders must demonstrate financial stability through appropriate documentation that highlights previous contract completions and overall capability.

Bidders must submit technical proposals, financial bids, certifications validating their eligibility, and proof of payment for the Earnest Money Deposit (EMD). It is essential each document meets the specified requirements outlined in the tender notice.

The financial requirements for participating in this tender necessitate the submission of an Earnest Money Deposit (EMD), which serves as a security measure. Bidders are also required to present financial statements demonstrating their financial health and experience in executing similar work to ensure they can fulfill contract obligations.

The evaluation and selection process for this tender will consist of a two-tier approach: a technical evaluation focusing on compliance with cybersecurity standards and capabilities, followed by a financial evaluation that will assess bid prices. A combined scoring mechanism will determine the most competitive bid.

The tender incorporates specific benefits for Micro, Small, and Medium Enterprises (MSEs), including reduced EMD requirements and streamlined submission processes. Additionally, provisions supporting startup participation aim to enhance local entrepreneurship within the framework of the 'Make in India' initiative, encouraging local sourcing and procurement practices.