Security Printing And Minting Corporation Of India Limited financial audit services tender 2026 Kolkata IS 550 compliant 2026

Tender Overview

Security Printing And Minting Corporation Of India Limited (SPMCIL) invites proposals for Financial Audit Services focused on the Financial Reporting Framework and Audit Reports as per buyer-specified ATC. The procurement involves an estimated value not disclosed, with an EMD of ₹14,000. The tender uses a flexible scope clause allowing up to 25% quantity/duration variation for lumpsum contracts, with authority to adjust scope subject to consent. The payment and submission route accommodate online transfers or traditional instruments (DD/FD/BC) and require hard-copy delivery within 5 days of bid end/opening. The EMD can be replaced by a Banker’s DD/FD/BC or online RTGS/IMPS, with proper documentation. The bid must include all required certificates as stated in the bid document/ATC. The procurement location relates to Kolkata, with payments routed through SBI New Alipore branch details provided in the terms. This opportunity targets audit firms offering robust financial reporting and regulatory compliance expertise for a government-controlled entity.

Technical Specifications & Requirements

• Product/Service: Financial Audit Services including Financial Reporting Framework and Audit Report delivery
• EMD: ₹14,000 (paid via DD/FD/BC or online RTGS) with scanned proof uploaded
• Delivery/Timeline: Not explicitly stated; contract scope adjustability up to 25% per ATC; formal acceptance upon contract issue
• Compliance: Upload necessary certificates as per bid document/ATC; adherence to government procurement standards; audit engagement with clear reporting deliverables
• Banking/Payment: EMD/PBG options include DD, FDR, BC, or online payment to SBI Kolkata branch with bid number reference
• Location: Kolkata-based procurement; PM/contract administration via SPMCI Limited

Terms, Conditions & Eligibility

• EMD Details: ₹14,000 via selected payment method; DD/FD/BC or online RTGS with proof
• Certificate Submission: All certificates must be uploaded; missing certificates may lead to rejection
• PBG/Performance: PBG or DD acceptable after award; hard copy delivery within 15 days of award
• Delivery Terms: Scope may be increased by up to 25%; consent required for value increment
• Banking Details: SBI, New Alipore, Kolkata; unique bid number must be referenced in payment
• General: Bid submission requires hard copy delivery within 5 days post bid end/opening; ATC may modify terms