National
Institute Of Technical Teachers Training And Research inviting for financial
audit services - review of financial statements, financial reporting framework,
audit report, ad per tender document; ca firm
1. What this tender is about
Hiring a Chartered
Accountant firm to provide:
Accounts, taxation,
compliance, and audit consultancy services
On-site support for day-to-day financial
operations
This is not just audit —
it is ongoing financial management + compliance support.
2. Contract Period
Initial period: 1
Financial Year (FY 2026–27)
Extendable: 1 additional year based on performance
3. Eligibility (Who Can Apply)
Only CA firms meeting
ALL conditions:
Firm Requirements
Chartered Accountant
firm / LLP registered in India
Registered office in Kolkata
Minimum 10 years’ experience
Experience
At least 5 government /
PSU / autonomous body audits or tax compliance works
Organizations handled should have
turnover ≥
₹20
crore
Team Strength
Minimum 3 full-time CA
partners (2 with ≥5 years experience)
Minimum staff strength: 15 persons
Financial Capacity
Average turnover ≥ ₹50
lakh (last 3 years)
Registration & Compliance
Registered with C&AG & RBI (≥3 years experience)
Valid PAN, GST, EPF, ESI, licences
Not blacklisted
4. Earnest Money Deposit (EMD)
EMD required (amount not
specified in document extract)
Mode: Demand Draft in favour of
Director, NITTTR Kolkata
Refundable to unsuccessful bidders
MSME/eligible bidders may get exemption
5.Audit Fees (Commercial Terms)
Estimated Fee
₹45,000 per month
(including GST)
Covers deployment of one
personnel full-time
Payment Terms
Paid after satisfactory
work completion
Likely monthly billing (as services are
continuous)
No advance payment specified
6. Scope of Work (What you actually do)
This is a full accounts
+ compliance management role.
Quarterly internal audit
reports
Annual accounts audit
ERP audit (Payroll & PFMS system)
TDS audit before filing returns
Tax & Regulatory Work
Filing IT returns, GST
returns, TDS returns
Handling income-tax matters with department
Checking TDS deduction & deposits
Accounts Supervision
Check receipts &
payments
Verify salaries, wages, fees
Vouching of transactions
Cash book verification
Maintenance of expenditure control
register
Financial Statements
7. Bid Submission Process
Mode: Proposal
submission (details in application form)
Typically includes:
Application form
submission
Technical credentials
Financial bid
Supporting documents
Selection Method
Technical evaluation
(experience, staff, turnover, etc.)
Financial evaluation
Combined score used for final selection
Technical weight: 70%
Financial weight: 30%