Contract Bidding Open For Financial Audit Services - Concurrent Audit; Audit Firm, CA Firm in SITAPUR, UTTAR PRADESH

The eligibility requirements include being a registered entity, having at least 2 years of experience in providing similar audit services, and a minimum average annual turnover of 1 Lakh (s) for the previous financial year. All necessary documentation must be provided during the submission process to verify eligibility.

Bidders must provide relevant certificates proving their expertise and credentials in financial audits, as well as any additional certificates outlined in the bid documentation. This may include proof of past audit engagements and compliance with relevant standards.

To participate in the tender, interested bidders must register on the designated bidding platform. This includes creating a profile, submitting all required documentation, and familiarizing themselves with the bidding process as outlined in the tender documents.

Bidders should submit all required documents in the formats specified in the tender documentation. Generally, this includes standard file types such as PDF or Word documents. Ensure that all documents are clearly labeled and organized as per the submission guidelines.

The technical specifications entail demonstrating expertise in conducting comprehensive financial audits, including familiarity with financial laws, regulations, and internal controls relevant to banking operations. Bidders should outline their audit methodologies and team qualifications in their proposals.

Bidders are expected to comply with statutory financial reporting standards and regulatory guidelines throughout the audit process. This includes maintaining high levels of integrity, accuracy, and confidentiality in all audit practices.

Yes, compliance requirements include adhering to statutory obligations governing financial audits, submission of relevant certification, and meeting the eligibility criteria specified in the tender document.

Specific details regarding the Earnest Money Deposit (EMD) are outlined in the tender documents. Bidders should review these documents to determine the exact amount and conditions for the EMD submission.

Successful bidders may be required to submit performance security guarantees as specified in the tender agreement. This is typically a percentage of the total contract value, ensuring compliance with the terms specified.

Payment terms will be detailed in the tender documents. Typically, they outline the payment schedules, conditions for payments, and any milestones or deliverables that need to be met before payment is processed.

Price evaluation is based on a total value-wise evaluation method, taking into consideration the completeness of the financial offer, the breakdown of costs, and the overall competitiveness of the bid.

Bids must be submitted electronically through the designated bidding platform, ensuring all documents are submitted in the specified formats and labeled correctly.

Bidders should carefully review the tender documentation for all relevant timelines, including submission deadlines, technical clarification periods, and the date of bid opening.

The evaluation process consists of assessing bids based on eligibility criteria, technical evaluation, and financial proposals. The selection will be based on the overall best value offered, considering both technical merit and cost.

Yes, notifications regarding the results of the tender evaluation process will be sent to all bidders as outlined in the tender documents. Bidders should keep an eye on communications from the tendering authority.

MSEs may access certain provisions and benefits in this tender process, aimed at encouraging their participation and competitiveness. These benefits may include relaxed eligibility criteria and exemptions from certain requirements.

Startups may qualify for specific provisions that enhance their participation in the tender process. The details and qualifications are typically outlined in the tender documentation, encouraging innovation and competitiveness.

'Make in India' compliance refers to the requirement for bidders to adhere to local manufacturing and procurement rules as stipulated by the tender authority, promoting local industry and reducing dependency on imports.