Contract Bidding Open For Custom Bid for Services - Hiring services for System audit and its Follow up Audit of cloud based

The eligibility requirements include being a registered legal entity and submitting supporting documentation such as experience criteria and bidder turnover. Bidders seeking exemptions from these criteria must provide adequate proof to support their claims.

What specific certificates are required for this tender?

Bidders must provide a certificate that is specifically requested in the Additional Terms and Conditions (ATC) document. It is advisable to review the ATC comprehensively to ensure compliance with all documentation requirements.

What is the process for registering to bid?

To qualify, bidders must be registered entities under the relevant laws, submitting proof of registration along with the bid. It is essential to ensure completion of all required documentation to avoid disqualification.

Which document formats are accepted for submission?

Bidders are expected to submit their documents in the prescribed formats as specified in the tender documents. It includes both digital formats that meet specified technical requirements and standard print formats where applicable.

What are the technical specifications required for the audit?

Technical specifications require bidders to demonstrate expertise in auditing cloud-based ERP systems, particularly SAP, along with knowledge of relevant compliance and industry standards that guide auditing practices.

Are there any quality standards that must be adhered to?

Yes, bidders must comply with established quality standards applicable to auditing practices in cloud environments. This includes following best practices and industry norms as outlined in the Scope of Work.

What compliance requirements should bidders meet?

Bidders must adhere to current compliance requirements in the auditing industry, including any local laws and regulations related to data protection and adherence to financial auditing principles.

What is the EMD amount required for this tender?

The Earnest Money Deposit (EMD) required for this tender is ₹59,000. Bidders must include this amount in their submissions to qualify for consideration.

What are the performance security requirements for successful bidders?

Successful bidders will be required to adhere to performance security norms as outlined in the contract terms post-award. This will typically involve a financial security that guarantees the execution of the contract as per agreed terms.

What are the payment terms outlined in this tender?

Details regarding payment terms are provided in the relevant documents. Bidders should ensure they understand the conditions and schedule for payments based on milestones or deliverable completions.

How is pricing evaluated in this tender process?

Pricing in this tender will be evaluated through a Total Value Wise Evaluation method, where bids will be assessed based on their overall value, including costs, services offered, and additional benefits proposed by the bidder.

What methods of submission are allowed for the bid documents?

Bidders should adhere to the submission methods outlined within the tender documentation, ensuring timely and complete submissions through designated online or offline portals as specified.

What are the key timelines and deadlines bidders should be aware of?

While specific timelines are subject to change, bidders must adhere to the outlined key deadlines related to bid submission, opening, and any subsequent evaluation processes highlighted within the tender documents.

What is the process for evaluation and selection of bids?

Bids will be evaluated based on a predefined selection process which includes reviewing compliance with eligibility criteria, quality of documentation, technical specifications, and financial evaluations. The evaluation committee will finalize the selection.

How will the results of the evaluation be communicated to bidders?

Notification of results will be communicated through official channels as specified in the tender documentation. Bidders should ensure their contact channels are up-to-date to receive timely updates regarding their submissions.

What advantages do Micro, Small, and Medium Enterprises (MSEs) receive?

MSEs are afforded benefits such as exemption eligibility from certain criteria and may receive priority consideration in the evaluation process to enhance their participation in government tenders.

Are there provisions included for startups in this tender?

Yes, startups may have specific provisions for participation that encourage their involvement in public procurement, fostering innovation and competition in the sector.

How does this tender address compliance with 'Make in India' policies?

This tender aligns with the government's 'Make in India' initiative by promoting local sourcing and prioritizing bidders that propose a commitment to local content and procurement practices in their service delivery.