Cane Development and Sugar Industry Department
Financial audit services - Review of Financial Statements, Financial reporting framework, Audit report
Bid Number:
GEM/2025/B/7007853
Bid Date: 16 December
2025
Bid End Date & Time:
29 December 2025, 16:00 hrs
Bid Opening Date & Time: 29 December 2025, 16:30 hrs
Bid Validity: 90 days
Bid Type: Two Packet
Bid (Technical + Financial)
Evaluation Method:
Least Cost Selection (LCS) after technical qualification
Eligibility Criteria
- Minimum
Average Annual Turnover: ₹30
lakh (last 3 financial years)
- Minimum
Experience:
- At least 3
years of similar audit experience
- Minimum 3
original assignments since FY 2022–23 in audit / finalisation of
accounts / statutory filings for Govt. departments
- Firm
Existence: Minimum 7
years after registration (as per ICAI certificate)
- Staffing
Requirements:
- Minimum 3
full-time FCA partners
- At least 1
partner with DISA/CISA qualification
- Adequate
staff with Tally and data-entry experience
Contract Details
- Contract
Period: 1 year
- Order
Splitting: Applicable
(empanelment-based)
- Up to 25
firms may be empanelled
Technical Evaluation
- Minimum
Technical Marks Required:
60 out of 100
- Evaluation
Basis: Least Cost
Selection (LCS)
- Technical
Clarification Period: 2
days
EMD & Performance Security
- EMD Amount: ₹50,000
- Performance
Security (ePBG):
- 0.01% of contract value
- Valid for 14
months
- Advisory
Bank: State Bank of India
- Alternate
EMD/PBG Modes: Demand
Draft or FDR allowed (physical submission required)