Open Tender for Financial Audit Services - Review of Financial Statements; CA Firm in PATNA, BIHAR

The eligibility requirements include being a registered entity, specifically a Chartered Accountant (CA) firm with experience in providing financial audit services. Bidders should have the necessary certifications demonstrating compliance with local accounting regulations and must submit their proposals through the Government e-Marketplace (GEM) platform.

Bidders must provide essential certificates, including:

• Registration Certificate of the CA firm with the relevant professional body.
• Valid tax compliance certificates, such as GST registration.
• Previous audit completion certificates or letters of commendation from past governmental clients.

The Earnest Money Deposit (EMD) is a mandatory component of the bid submission. The amount required will be specified in the tender documentation, and the EMD must accompany the financial proposal. This deposit ensures the serious nature of the bidder's engagement and will be returned upon completion of the bidding process should the bid be unsuccessful.

Submissions must be made electronically through the GEM portal. All documentation should be provided in specified formats such as PDF or Word document formats as outlined in the submission guidelines of the tender. Proposals must consist of both technical and financial submissions for full consideration.

The evaluation and selection process will be multi-faceted, focusing on comprehensive assessments of both technical and financial aspects of each submission. The best proposals will be chosen based on robust evaluation criteria that weigh technical expertise, past performance, and financial viability, with a clear aim of selecting the most capable providers for this essential service.