Jawaharlal
Nehru Port Trust
TENDER
DOCUMENT FOR
APPOINTMENT OF FINANCIAL INTERNAL
AUDIT SERVICES - AUDIT REPORT, FINANCIAL REPORTING FRAMEWORK; CA FIRM
Tender Overview
- Authority: Jawaharlal
Nehru Port Authority (JNPA), Navi Mumbai
- Work: Appointment of Financial
Internal Audit Services (Audit Report & Financial Reporting
Framework)
- Eligible Firms: CA / CMA Firms
- Contract Period:
- Base: 2 years (FY
2025–26 & FY 2026–27)
- Extension: 1 year (FY
2027–28) with 5% escalation
- Tender System: Two-cover
system (Technical + Price) via GeM Portal
- Bid Validity: 90 days from
technical bid opening
✅
Eligibility & Qualification Criteria (Very Important)
Your firm must
meet all of the following:
- Experience
- Internal audit
work for Govt / PSU / Autonomous bodies
- Client turnover
> ₹980 crore
- Experience
during last 7 years
- Firm Standing
- Minimum 7
years existence
- Average
turnover ≥ ₹20 lakh p.a. (last 3 FYs)
- Partners &
Certifications
- Minimum 3
partners
- At least 1
partner with CISA / DISA / DISSA
- Valid COP for
partners
- Location
- Firm must be based
in Maharashtra
- Office in Mumbai
/ Navi Mumbai preferred
- Authorization
- Board/Partner
resolution authorising signatory (Form IV mandatory)
Failure in any one → Technical
disqualification
💰
Earnest Money & Securities
- EMD: ₹1,57,200
(including GST)
- Mode: DD / NEFT
/ RTGS / Bank Guarantee / Insurance Surety Bond
- Exemption: MSE
certificate holders
- Performance
Security:
- 5% of contract
value + GST
- Valid for
contract period + 90 days
- Additional
Performance BG (if bid is abnormally low):
- 10–30% below
estimate → 10% APBG
- 30–40% below →
15% APBG
o 40% → As decided by
authority
💵 Payment Terms
- Fees quoted quarterly
- Paid after
submission of quarterly reports
- Q4 payment only
after:
- Minimum 60–80%
coverage achieved
- Final
consolidated annual report submitted
- GST paid extra;
TDS deducted as applicable
🏆
Bid Evaluation & Award
- Technical
evaluation first
- Lowest price
(L1)
among technically qualified bidders wins
- Tie → revised
price bids invited
- JNPA not
bound to accept L1