Government Tender Published for Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep in PUNE, MAHARASHTRA

The eligibility requirements for this tender mandate that participating firms must be recognized Chartered Accountants with valid registration, alongside a minimum of five years of previous auditing experience. Expertise in related areas or prior experience with governmental audits further enhances a firm's suitability to bid on this contract.

Bidders must comply with specific technical specifications such as demonstrating familiarity with financial audit standards and regulations. Additionally, firms are expected to showcase their capability in integrating IT solutions for enhanced audit processes. Prior experience relevant to governmental operations is highly valued.

The Earnest Money Deposit (EMD) acting as a security for the tender process needs to be submitted in line with the requirements outlined in the tender documentation. The EMD amount and its submission details will be specified in the guidelines provided, ensuring that participating firms understand the financial commitment involved.

The evaluation and selection process will involve a comprehensive review of submitted proposals based on technical and financial merits. Each submission will be evaluated against predefined criteria, including the quality of proposed auditing solutions and the competitiveness of pricing. Notification of results will be communicated upon conclusion of evaluations.

Micro, Small, and Medium Enterprises (MSEs) and Startups enjoy special provisions that may include relaxed qualification requirements or reserved opportunities to engage with governmental projects. This initiative aligns with various policies aimed at fostering local business growth and innovation, ensuring a broader participation in government contracts and enhancing market competitiveness.