Open Tender for Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep in GANDHI NAGAR, GUJARAT

The eligibility requirements include being a registered CAG empaneled audit or Chartered Accountant firm. Bidders must demonstrate experience in auditing governmental agencies and provide proof of licenses and certifications as mandated by Indian regulations. Additionally, firms must present a strong track record of managing similar financial audit projects effectively.

Bidders must have a qualified team with expertise in financial auditing, including professional degrees, necessary certifications, and relevant operational experience. Moreover, the bidders should outline their auditing methodologies and demonstrate adherence to prevalent quality standards to confirm their capability to deliver comprehensive audit services.

Bidders are required to submit financial statements from the last three fiscal years to assess their financial stability. The documents should reveal a positive cash flow and net worth, showcasing the firm’s ability to undertake the audit without fiscal strain. This financial information is critical for evaluating the bidder's capability to deliver quality services.

Tender documents must be submitted in both digital and physical formats. Bidders should utilize the prescribed templates provided in the tender documentation for their proposals to ensure completeness and facilitate a smooth evaluation process. Careful adherence to the submission guidelines will prevent delays or disqualification.

Yes, this tender includes provisions that encourage participation from MSEs. These may encompass relaxed compliance requirements or financial incentives designed to foster inclusivity and competitiveness within the tender process. Bidders are encouraged to highlight their status as an MSE to maximize their opportunities in the evaluation process.