Finance
Department - financial audit services - as
per rfp; cag empaneled audit or ca firm
Contract Duration: 2 years + 1 day
Scope of Work: As per RFP (Request for Proposal)
Audit
Type: Statutory Audit
MIS
Reporting: Required
Post-audit
support: Not applicable
2. Financial Details
Estimated
Bid Value: ₹1 Crore
EMD (Bid
Security): ₹1,00,000
EMD
exemption allowed only as per GeM rules (eligible MSE service providers)
Performance
Security (ePBG):
3% of
contract value
Validity:
24 months
3.Eligibility Criteria (Very Important)
To
qualify, the bidder must have:
Average
Annual Turnover
Minimum ₹30
lakh (average of last 3 financial years)
Experience
Minimum 5
years of similar audit work
Must have
worked with Central/State Govt / PSU
No MSME
relaxation
No Startup relaxation
4. Evaluation Method – QCBS
This is NOT
lowest price only. Selection is based on Quality + Cost:
Technical
Score: 60%
Financial
Score: 40%
Minimum
technical qualifying marks: 50 out of 100
Technical evaluation includes methodology, documents, and presentation (venue mentioned above).
5. Bid Structure
Type:
Two-Packet Bid
Packet 1:
Technical
Packet 2:
Financial
Bid
Splitting: Not allowed
Reverse
Auction: Not applicable
6. Special Conditions
Buyer can
increase/decrease scope or duration up to 25%
All Labour
Laws & GeM GTC must be complied with
Bidders
from countries sharing land borders with India must be registered with
competent authority
Any
objection to terms must be raised within 4 days of bid publication
7. Who Should Bid?
Established
CA / Audit firms
CAG-empanelled
5+ years Govt/PSU audit experience
Turnover ≥ ₹30 lakh