India Optel Limited , Financial Advisory Services - Onsite ; Tax Advisory

India Optel Limited

-financial advisory services - onsite; tax advisory

Bid Number: GEM/2025/B/6978067
Issued by: India Optel Limited (IOL), Department of Defence Production, Ministry of Defence
Bid Date: 12-12-2025
Contract Period: 8 months

Estimated Value & Bid Structure

·         Estimated Bid Value: ₹33,04,000

·         Bid Type: Two-Packet Bid (Technical + Financial)

·         Evaluation Method: QCBS (Quality & Cost Based Selection)

o    Technical: 70%

o    Financial: 30%

·         Minimum Technical Qualifying Marks: 60

Eligibility Criteria (Key Highlights)

·         Minimum Average Annual Turnover: ₹75 Lakhs (last 3 financial years)

·         Experience Required: Minimum 5 years in similar services

·         Past Experience:

o    3 works @ 40% OR

o    2 works @ 50% OR

o    1 work @ 80% of estimated value

·         Firm Requirements:

o    ICAI-registered CA firm with 10+ years of practice

o    Minimum 4 qualified CAs (3+ years post-qualification)

o    Experience with Central/State PSUs

o    Registered office in Dehradun / NCR / Chandigarh

o    Ind AS certification by ICAI (at least one CA partner)

EMD & Performance Security

·         EMD Amount: ₹66,080

·         ePBG: 3% of contract value

·         ePBG Duration: 10 months

·         Advisory Bank: State Bank of India

·         Beneficiary: CMD, India Optel Limited

·         MSE/Startup turnover & experience relaxations not applicable

Scope of Work

Provision of onsite Financial Advisory & Tax Advisory services, including:

·         Filing of GST, TDS, Income Tax Returns

·         Tax assessments & advance tax computation

·         Bookkeeping & payroll compliance

·         Compliance & governance support

·         Ind AS application support

·         Valuation of liabilities

·         Monthly progress reports required