1.Eligibility
Criteria
Turnover & Experience
Minimum
Turnover (last 3 years): ₹1 crore
Minimum
Experience: 7 years in similar services
Similar
audit experience: Mandatory
No
relaxation for MSME or Startups
Medium-size
CA firms can qualify.
2. Past Project Requirement
You
must have completed similar work:
3 projects ≥ 40% of estimated cost (~₹10 lakh
each) OR
2 projects ≥ 50% (~₹12.5 lakh each)OR
1 project ≥ 80% (~₹20 lakh)
3. Documents Required
Upload: Experience proof
Turnover
proof (audited statements / CA certificate)
Certificates
requested in ATC
Additional
documents (4 specified)
Price
breakup format
Any
eligibility exemption proof (if applicable)
4. Bid Structure & Evaluation
Bid
Type
Two-packet
system: Technical + Financial
Reverse
Auction: No
Financial
breakup required: Yes
Selection Method — LCS (Least Cost System)
Technical
qualifying marks: 75 out of 100
Only
technically qualified bidders compete on price
Lowest
bidder (L1) wins
Unlike
QCBS, price matters most here.
5. Technical Qualification Factors
(As
per RFP)
Includes
evaluation of:
Firm
existence (ICAI registration)
Experience
in audits of PSUs / Govt / institutions
Number
of partners & professional staff
DISA
/ CISA qualified professionals
Required
number of CAs and audit staff
Minimum
technical score required: 75 marks
6.
Scope & Reporting
From
the technical specifications (page 5):
External
concurrent audit
Work
scope as per RFP
Fortnightly
MIS reporting required
Post-audit
support required
This
means ongoing audit plus long-term support.
7.Reporting Authority
Office
of the Commissioner, CMPFO
Hirapur,
Dhanbad
Project/Lumpsum-based
contract
8. Special Conditions
Key
clauses include:
Buyer may change contract quantity/duration by
±25%
Integrity Pact must be signed and
submitted
Consortium bidding allowed
Firm must not be bankrupt or under liquidation
Compliance with labour laws mandatory
9.MSME Purchase Preference
MSE
preference allowed within L1 + 15% price band
If
eligible MSE matches L1 price → full order may be awarded