GEM

Employees State Insurance Corporation Financial Audit Services Tender India 2025 – CAG Empaneled CA Firm

Bid Publish Date

21-Nov-2025, 9:24 am

Bid End Date

05-Dec-2025, 1:00 pm

Value

₹4,32,000

Progress

Issue21-Nov-2025, 9:24 am
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Single Packet Bid

Key Highlights

  • CAG empaneled audit firms or CA firms eligible for financial audit services
  • Estimated contract value ₹432,000; no BOQ items
  • Make In India: 50% local content requirement with OEM certification
  • MSE preference applicable; service provider must be the actual service provider
  • Sub-contracting/assignment requires prior written consent; joint liability remains with seller
  • No explicit EMD amount provided in data; compliance with government procurement norms required
  • Delivery timeline not specified; align with typical government audit engagement schedules
  • Documentation: GST, PAN, experience certificates, financials, EMD/ security if applicable, OEM authorizations

Categories 4

Tender Overview

Organization: Employees State Insurance Corporation (ESIC). Product/Service: Financial Audit Services (as per scope of work; CA firm or CAG-empaneled auditor). Estimated Value: ₹432,000. Location: India (tender inferred; exact site not disclosed). Category: Financial Audit Services. Context & Differentiator: Audit engagement to be performed by a government-appropriate auditor with mandatory local-content and MSE preferences; no BOQ items listed. Unique clause requires Make In India local content documentation and OEM certificates where applicable.

Technical Specifications & Requirements

  • Service name: Financial audit services for ESIC with scope of work attached.
  • Eligible firms: CAG-empaneled audit firms or other CA firms meeting government audit standards.
  • Estimated contract value: ₹432,000; no schedule of quantities provided.
  • Compliance & standards: Tender enforces Make In India local content (minimum 50% local content) with OEM certification requirements for large values; MSE preference applies as per policy; service-provider eligibility requires being the actual service provider for the offered service.
  • Delivery/period: Not specified in data; bidders should anticipate standard government audit engagement timelines upon release of scope.
  • Other notes: Sub-contracting and assignment require prior written consent of buyer; liability remains joint and several with assignee/sub-contractor.

Terms, Conditions & Eligibility

  • EMD: Not specified in provided data.
  • Eligibility criteria: Bidders must be CAG-empaneled or hold valid CA firm status; must upload 50% local content certificate from OEM for purchase value thresholds; MSE preference applies if bidder qualifies under policy.
  • Delivery & execution: Consent required for any sub-contracting or assignment; bidder remains liable for performance.
  • Documentation: Submit required GST, PAN, experience, financials, and any OEM authorizations per Make In India and MSE guidelines; ensure compliance with public procurement norms.

Key Specifications

  • Financial Audit Services for ESIC with scope of work attached

  • Eligible bidders: CAG-empaneled auditors or CA firms

  • Estimated value: ₹432,000

  • Make In India local content: minimum 50% with OEM certificate

  • MSE preference clause applicable; service provider must be the actual service provider

  • Sub-contracting/assignment require prior written consent; joint liability retained

Terms & Conditions

  • Make In India 50% local content certificate required

  • MSE purchase preference may apply with matching criteria

  • Sub-contracting requires buyer consent and bidder remains liable

Important Clauses

Payment Terms

Not explicitly stated; default government procurement payment terms to be followed once scope and milestones are defined

Delivery Schedule

Not specified; bidders should anticipate standard audit engagement timelines post scope release

Penalties/Liquidated Damages

No LD clause listed in data; penalties, if any, will be defined in the final tender terms

Bidder Eligibility

  • Must be CAG-empaneled or a recognized CA firm

  • Must demonstrate local-content compliance (50% minimum) with OEM certification

  • Must qualify for MSE preference if applicable under policy

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Required Documents

1

GST certificate

2

PAN card

3

Experience certificates (CAG-empaneled or CA firm experience in financial audits for government entities)

4

Financial statements (audited for the last financial year)

5

EMD documents (if applicable per procurement norms)

6

Technical bid documents / method of approach

7

OEM authorizations (for Make In India/local-content certification)

8

Certification of local content percentage from OEM (50% minimum)

Frequently Asked Questions

Key insights about DELHI tender market

How to bid for ESIC financial audit services in India 2025?

Bidders must be CAG-empaneled auditors or CA firms and submit the required documents: GST, PAN, experience certificates, financial statements, and OEM authorizations for local-content certification. Ensure compliance with Make In India (50% local content) and provide MSE eligibility documentation if claimed.

What documents are required for ESIC financial audit bid in India?

Submit **GST certificate, PAN card, recent audited financial statements, experience certificates in government audits, OEM authorizations for local-content certification, and any EMD documentation per norms. Prepare technical bid outlining audit approach and timeline aligned with ESIC scope.

What are the eligibility criteria for CAG-empaneled audit bids in ESIC?

Eligibility requires being a CAG-empaneled auditor or an established CA firm with public sector audit experience. Demonstrate capability for government financial audits, supply OEM local-content certificates (50%), and comply with Make In India and MSE policies applicable to the procurement.

What are the Make In India requirements for this ESIC tender?

Bidders must provide an OEM certificate detailing the percentage of local content, with a minimum of 50%, and indicate locations of value addition. For bids above a threshold, the certificate may be verified by statutory auditors or CA as per policy.

What is the estimated contract value for ESIC audit services?

The tender specifies an estimated value of ₹432,000. Bidders should align their technical and financial bids to meet this scope, while noting potential updates post scope release and final terms.

What are the submission requirements for ESIC audit bid deadlines?

Submission requires the standard bidder pack: technical bid, financial bid, GST/PAN, experience proofs, and OEM/local-content certificates. The data provided does not list explicit deadlines; bidders should monitor the tender portal for final dates and compliance milestones.

Can subcontracting be used for ESIC financial audit engagement?

Sub-contracting is not allowed without prior written consent from ESIC. Even with consent, the original bidder remains jointly and severally liable for performance and compliance with the contract terms.

What standards or certifications are demanded for this ESIC audit tender?

Bidders must be CAG-empaneled auditors or CA firms and provide OEM local-content certificates. Compliance with government audit norms and Make In India/MSE policies is required; no explicit numeric standard like ISO is listed in the data.