Budau Zilla Sahakari Bank Ltd Concurrent Audit & Financial Audit Services Tender Budaun UP 2026
Bid Publish Date
10-Oct-2026, 4:00 pm
Bid End Date
20-Oct-2026, 9:00 pm
Value
₹6,00,000
Location
Progress
Tender Overview
Budau Zilla Sahakari Bank Ltd. invites bids for concurrent audit and financial audit services in Budaun, Uttar Pradesh. The procurement targets a total estimated value of ₹6,00,000 for a CA Firm or CAG-empaneled auditor to perform statutory and internal audit functions. The scope accommodates CA firm engagement with possible scope adjustments up to 25% both in quantity and duration as per the buyer’s terms. This tender emphasizes compliance with bank audit standards and alignment with financial reporting requirements, suitable for firms experienced in cooperative bank audits. The opportunity is location-specific, with a clearly defined procurement objective in the Budaun district, under the bank’s regional governance. The absence of BOQ items suggests a service-based engagement focusing on audit activities rather than hardware deliverables.
Technical Specifications & Requirements
- Category: Financial Audit Services, including Concurrent Audit and Financial Reporting Framework.
- Eligible bidders: CA Firms, CAG-empaneled auditors; organization must meet statutory audit qualifications.
- Estimated value: ₹6,00,000 for the contract period.
- Quantity/Scope flexibility: Up to 25% increase in contract quantity or duration allowed at the time of contract issue and again post-issuance with consent.
- Documentation: No BOQ items; service-centric engagement with audit deliverables and reports.
- Standards/Compliance: Firms should align with cooperative bank audit practices and applicable financial reporting standards; ensure GFR-compliant procurement processes.
- Delivery/Timeline: Not specified in the data; engagement timelines to be finalized during contract formation.
- Special clauses: Buyer may modify scope up to 25% as per ATC/ATC-like terms; ensure acceptance by bidder.
Terms, Conditions & Eligibility
- EMD: Not specified in the tender data.
- Contract flexibility: 25% upward/downward adjustment allowed for quantity or duration.
- Start/End dates: Not provided; contingent on contract award.
- Payment terms: Not detailed in the available information.
- Documentation required: CA firm registration, CAG empanelment proof, audit experience in cooperative banks, financial statements, and any OEM/authorizations not applicable here.
- Penalty/Warranty: Not specified; standard audit engagement penalties may apply per bank policy.
- Bid conditions: Generic terms plus ATC document uploaded; bidders must review Buyer Added Terms for exact compliance.
- BOQ: Not applicable; service deliverables to be defined in contract.
Key Specifications
-
Audit service category: Concurrent Audit and Financial Reporting Framework
-
Estimated contract value: ₹6,00,000
-
Location: Budaun, Uttar Pradesh
-
Contractual flexibility: up to 25% change in quantity/duration
-
Eligibility: CA Firm or CAG-empaneled auditor
Terms & Conditions
-
25% scope/duration adjustment allowed at contract issue
-
No BOQ; service-based audit engagement
-
EMD not specified; payment terms undefined
Important Clauses
Payment Terms
Not specified in data; standard bank audit payments likely aligned to milestones post-delivery of audit reports.
Delivery Schedule
Not specified; final timelines to be defined in contract after award.
Penalties/Liquidated Damages
Not specified; expected per bank procurement policies and service-level expectations.
Bidder Eligibility
-
CA Firm or CAG-empaneled auditor
-
Experience in cooperative bank audits
-
Compliance with applicable audit standards and regulatory requirements
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
No
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
20
Experience Required
5 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 - Financial Reporting Framework , CONCURRENT AUDIT; CA Firm, CAG Empaneled Audit or CA Firm
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
Budaun
Delivery Pincodes
243601
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Sumit Kumar Saxena | 243601,civil line budaun | Budaun | Uttar Pradesh | 243601 | Project / Lumpsum Based | - | - |
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
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Documents 5
GeM-Bidding-10016354.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
6
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Required Documents
GST registration certificate
PAN card
CA firm/organization registration documents
CAG empanelment certificate (if applicable)
Experience certificates for cooperative bank audits
Financial statements and annual reports
Audit engagement letters or prior audit reports
Technical bid documents and any OEM authorizations (if required)
Frequently Asked Questions
Key insights about UTTAR PRADESH tender market
How to bid for concurrent audit in Budaun UP tender 2026
Bidders must be CA firms or CAG-empaneled auditors with cooperative bank audit experience. Prepare GST, PAN, registration, and experience proofs, plus financial statements and prior audit reports. The procurement allows a 25% scope/duration adjustment; review the ATC and submit technical and financial bids accordingly.
What documents are required for the audit tender in Budaun
Submit CA firm registration, GST registration, PAN, CAG empanelment proof, experience certificates in cooperative bank audits, financial statements, prior audit reports, and technical bid; ensure all documents align with bidder eligibility and the bank's policy.
What is the estimated value and scope of the audit contract UP
The estimated contract value is ₹6,00,000 for concurrent and financial audit services in Budaun, UP. The scope includes audit reports and financial reporting compliance; contract quantity or duration may be adjusted by up to 25% per Buyer terms.
What standards apply to Budaun bank audit tender 2026
Bids should align with cooperative bank audit practices and applicable financial reporting standards; ensure compliance with regulatory audit requirements and the organization’s internal control frameworks as part of the engagement deliverables.
When is the delivery timeline for the Budaun audit contract
Delivery timelines are not specified in the data; final schedules will be defined in the contract post-award, with audit deliverables according to bank policy and statutory requirements.
What is the eligibility criterion for cooperative bank audits in UP
Eligible bidders must be CA firms or CAG-empaneled auditors with demonstrable experience in cooperative bank audits and compliance with applicable audit standards and regulatory requirements.
What are the payment terms for the Budaun audit engagement
Payment terms are not explicitly stated; expect payment milestones upon completion of audit deliverables and approval of reports, subject to bank policy and contract terms.
What is the impact of the 25% scope clause on bid submission
Bidders should account for potential up to 25% increase in contract quantity or duration; include flexibility in staffing, timelines, and pricing to accommodate scope changes at the time of contract issuance.