Chhattisgarh State Marketing Corporation Limited inviting for financial audit services - review of financial statements, audit report, as per atc; ca firm

Chhattisgarh State Marketing Corporation Limited inviting for financial audit services - review of financial statements, audit report, as per atc; ca firm

 1.What is this tender about?

Service: Financial Audit Services
(Review of Financial Statements + Audit Report as per ATC)

Who can bid: CA Firms only

Type of audit: Internal Audit

Client: Chhattisgarh State Marketing Corporation Limited (CSMCL), Raipur

 2.Estimated Value & Securities

Estimated Bid Value: ₹10,00,000

EMD: ₹10,000

Payable to Managing Director, CSMCL, Raipur

Can be DD or online

Performance Bank Guarantee (PBG):

5% of contract value

Validity: 36 months

EMD exemption:

Only for eligible MSE service providers (not traders)

 3. Eligibility Criteria (Very Important)

 Turnover

Minimum average turnover: ₹40 lakh

Calculated over last 3 financial years

 Experience

Minimum 3 years of similar audit services

Must be with Govt / PSU / Public bodies

4. Past Similar Work (any ONE condition)

You must have completed:

3 works each ≥ 40% of estimated value
OR

2 works each ≥ 50%
OR

1 work ≥ 80%

 Experience & turnover relaxation:
 Not allowed for MSME Not allowed for Startups

 5.Bid Type & Evaluation

Bid Type: Two-Packet Bid

Technical Bid

Financial Bid

Evaluation Method: QCBS (Quality + Cost)

Technical: 30%

Financial: 70%

Minimum Technical Qualifying Marks: 30

 6. Technical Scoring

5 parameters × 20 marks = 100

Each has minimum cutoff (mostly 5 marks, one has 10)

 7. Documents You MUST Upload

Turnover proof (CA certificate / audited balance sheets)

Experience certificates / work orders

Certificates requested in ATC

All additional documents mentioned in ATC
 Missing documents = straight rejection

 8. Scope of Work (In short)

Review of financial statements

Audit report

Legal & regulatory compliance

Internal controls over financial reporting

MIS reporting (as per ATC)

 9. Special Notes

No bid splitting allowed

No minimum floor price

Documents uploaded by bidders are visible to other bidders

Strict compliance with Labour Codes required

Border-sharing country clause applies (GeM GTC Clause 26)

10. Who is this tender best suited for?

 Established CA firms
 Firms with PSU / Govt audit experience
 New firms
 Startups
Firms without strong past audit credentials