Progress
National Institute Of Design (nid) announces a tender for Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit report; CAG Empaneled Audit or CA Firm in JORHAT, ASSAM. Quantity: 1. Submission Deadline: 21-04-2025 18: 00: 00. Last date to apply is approaching fast!
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | BIJAY AGARWAL & CO.( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L2 | GOYAL PARUL & CO( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L3 | SPRK & CO( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L4 | ASIJA & ASSOCIATES LLP( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L5 | A JOHN MORIS & CO( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L6 | J N GUPTA & CO( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L7 | DIWAN KUNWARIYA & CO( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L8 | KOMANDOOR & CO.LLP( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L9 | MSUR & CO.( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L10 | GUPTA SHIVENDRA & CO( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L11 | DIPAK PAUL & ASSOCIATES( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L12 | SHARP & ASSOCIATES( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L13 | K P SARDA AND COMPANY( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep | |
| L14 | NIMIT KALSI & COMPANY( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep |
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Quantity
1
Bid Type
Single Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Min. Avg. Annual Turnover
8
Experience Required
3 Year (s)
Arbitration Clause
Yes (Arbitration clause document) as per DoE OM No.F.1/2/2024-PPD dated 03.06.2024 Arbitration should not be routinely included in contracts
Mediation Clause
No
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; CAG Empaneled Audit or CA Firm
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
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Main Document
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Key insights about ASSAM tender market
The eligibility requirements include being a registered entity, specifically a CAG Empaneled Audit firm or Chartered Accountant (CA) firm. Potential bidders must showcase their experience in offering similar financial audit services for public sector clients or listed companies. Compliance with all necessary regulatory frameworks and holding the relevant certifications is crucial.
Bidders must submit the necessary certificates demonstrating their registration as an audit firm, credentials of key personnel, and any compliance documents as prescribed by relevant regulatory bodies. Furthermore, proof of prior audits conducted and the associated financial statements for the last two fiscal years should be included in the submission.
The registration process for this tender involves submitting an electronic proposal via the designated online portal. Bidders must ensure their proposals are complete with all stipulated documentation, including technical plans and compliance proof. Guidance on the submission method and required documents is available in the tender documentation.
The evaluation criteria primarily include technical capabilities, financial stability, and past performance. Detailed weightage will be assigned to each category, focusing on how well the submission addresses the technical and operational needs outlined in the tender. Presentation or interactive discussions may follow the initial submission phase for shortlisted bidders.
Yes, there are provisions in place for Micro, Small, and Medium Enterprises (MSEs), encouraging them to bid for this project. These may include relaxed qualification criteria, reduced fees, and supportive measures aligned with the Make in India initiative. Startups may also benefit from additional incentives aimed at fostering local content and enhancing participation in government contracts.