1.Contract
Period (Duration)
Total
Duration:
1 year + 4 days
Short-term statutory audit assignment.
2.
Estimated Value & Pricing Conditions
Estimated
Project Value:
₹5,00,000 (~₹5 lakh)
Floor
Price Applied:
Yes (must quote ABOVE minimum value)
Evaluation
Method:
Total value wise (lowest acceptable price wins)
You
cannot bid too low — must respect minimum floor price.
3.EMD / Security
EMD: Not required
Performance
Bank Guarantee:
Not required
Very
bidder-friendly financially.
4.Eligibility Criteria
Turnover
Requirement
Minimum
average turnover (last 3 years): ₹20 lakh
5.Experience Requirement
Minimum
experience: 3 years in similar services
Past
similar audit experience: Mandatory
No
relaxation for MSME or Startups
Small and mid-size CA firms can qualify.
6.
Past Project Requirement
You
must have completed similar work in last 3 years:
3 projects ≥ 40% of estimated cost (~₹2 lakh
each) OR
2 projects ≥ 50% (~₹2.5 lakh each) OR
1 project ≥ 80% (~₹4 lakh)
7. Documents Required
Upload:Experience proof
Turnover
proof (audited statements / CA certificate)
Certificates
requested in ATC
Additional
documents (4 items)
Price
breakup format
8. Scope of Work (Detailed)
From
the technical specifications :
Core Deliverables
Audit
report
Financial
reporting framework review
Review
of financial statements
Type of Audit
Statutory
Financial Audit
To
be conducted by a CA firm
9. Audit Coverage Areas
Financial
& Governance Areas
Financial
statement audit
Reliability
of financial reporting
Internal
financial controls
Fraud
detection & investigation
Compliance
with laws & contracts
Governance
review
Risk
management
System
& process review
Treasury
operations
Bank
transactions
Internal
Control over Financial Reporting
10.Functional
Areas to be Audited
Sales,
services & revenue
Procurement
& purchases
Inventory
& stores
HR
& payroll
Administration
& operations
Capital
& fixed assets
Depreciation
& amortisation
Payables
& receivables
Cash
& bank balances
This is a full-scope statutory audit,
not limited review.
11.Reporting
Requirements
Progress
report: Annual
MIS
reporting required: Yes
MIS
reporting frequency: Annual
Location / Reporting Authority
Reporting
Officer: Amar Deep Toppo
Organization:
Chhattisgarh State Co-operative Marketing Federation Ltd.
Location:
Nava Raipur, Chhattisgarh
Contract
type: Project / Lump-sum
12. Bid Structure & Other Conditions
Two-packet
bid (Technical + Financial)
Reverse
auction: Not enabled
Bid
splitting: Not applied
Arbitration
& mediation clauses: Not included
13.Additional Important Conditions
Integrity Pact mandatory
Compliance with labour laws required
Buyer uploaded additional ATC (must
review separately)
If multiple L1 bidders — GeM may choose randomly
Restrictions on bidders from countries
sharing land borders with India