Open Tender for Financial Audit Services - Review of Financial Statements; CAG Empaneled Audit or CA Firm,Financial in SOUTH WEST DELHI, DELHI

The eligibility requirements include being a registered entity with minimum average annual turnover of ₹20 lakhs for the previous three years. Additionally, MSEs and Startups can seek exemptions from experience and turnover criteria if they meet the necessary quality and technical standards.

Participating bidders must provide several certificates, including experience certificates from relevant audits and a CA's certificate indicating the average annual turnover. Furthermore, any sought exemption due to MSE or Startup status must be supported by valid documentation.

To register, bidders must create an account on the GeM (Government e-Marketplace) portal. After completing the registration, vendors can access tenders of interest and submit their bids along with the required documentation.

Completed bid submissions should be in PDF format, which is commonly accepted across various tendering platforms. Ensure all documents are legible and organized as per the guidelines to avoid disqualification.

Bidders must comply with the provided technical specifications, including scope, audit types, and compliance with legal regulations. Any deviations from the stated specifications may result in disqualification.

The tender mandates adherence to established quality standards relevant to financial audits. Bidders must demonstrate their capability to follow statutory guidelines and maintain high professional standards throughout the audit process.

Yes, all bidders are required to comply with various compliance requirements, including adherence to 'Make in India' policies and local content laws. Prospective bidders must ensure their operations align with these policies.

While there are no specific testing criteria defined in the tender, bidders are expected to provide relevant documentation and proof of past performance in similar audits, along with their bidding proposals.

The EMD amount required is ₹10,000. This deposit ensures that bidders are serious participants in the tendering process. MSEs can claim exemption from the EMD requirement if they submit the necessary documentation.

Performance security may not be necessary for this tender, as specified in the documentation. However, should it be applicable, bidders will be informed during the contract award phase.

Payment terms may include milestone or upon completion of services as outlined in the bidding documents. Bidders are advised to review contractual obligations once awarded to understand the specific payment procedures.

The price evaluation will consider the total value of the bids submitted. A comparative assessment will be conducted based on the offered prices, keeping in view the scope of work and industry standards.

Documents must be submitted electronically via the GeM portal. Ensure that all required documentation is attached and in the correct format before the submission deadline.

Key timelines include the last date for bid submissions, which should be thoroughly reviewed in the tender documents available. All submissions need to adhere strictly to the stipulated deadlines to be considered valid.

Once the evaluation process concludes, the results will be published through the GeM portal. Bidders can check this portal for outcomes and any subsequent details related to the tender.

MSEs will enjoy exemptions from certain eligibility criteria, including turnover and experience, thereby facilitating easier access to governmental contracts. Documentation validating MSE status must be provided in the bid submission.

Startups may benefit from exemptions similar to MSEs, including relief from stringent turnover and experience criteria, provided they meet essential quality and technical specifications outlined in the tender documents.