1.Contract
Period (Duration)
Total
Duration:
3 Months
Short-term concurrent audit contract.
2. Estimated Value & Pricing Rules
Estimated
Bid Value:
₹4,50,000 (~₹4.5 lakh)
Minimum
Floor Price:
YES
Core
minimum value indicated: ₹1,75,000
Must
quote ABOVE floor price
3. EMD / Security
EMD: Not required
Performance
Bank Guarantee:
Not required
4.
Eligibility Criteria
Turnover
Requirement
Minimum
average turnover (last 3 years): ₹18 lakh
Experience
Requirement
Minimum
experience: 3 years in similar services
Past
similar audit experience: Mandatory
Relaxation Available
MSME:
Full relaxation on experience
Startup
(DPIIT): Full relaxation on experience
New firms can still participate if technically
capable.
5.
Past Project Requirement
Must
have completed similar services in last 3 years:
3 projects ≥ 40% of estimated cost (~₹1.8 lakh
each) OR
2 projects ≥ 50% (~₹2.25 lakh each) OR
1 project ≥ 80% (~₹3.6 lakh)
6.Documents Required
Upload:
Experience
proof
Turnover
proof (audited statements / CA certificate)
Certificates
requested in ATC
Additional
documents
7. Scope of Work (Key Deliverables)
Core Assignment
Concurrent
audit of:
Head
Office
17
branches
8.Nature of Audit
Banking
concurrent audit
Continuous
transaction monitoring
Operational
& compliance review
9. Reporting Requirements
MIS
reporting required
Progress
reporting linked to concurrent audit activities
10. Selection Method — QCBS
This
tender uses Quality & Cost Based Selection
Technical
Evaluation (Key Factors)
Your
firm will be scored on:
Firm
strength
Experience
Address/location
(as per ATC)
Team
strength
Turnover
Minimum
technical qualifying score: 60 marks
Weightage
Technical
Score: 70%
Financial
Score: 30%
Not purely lowest price — quality matters
heavily.
11. Location & Reporting Authority
Reporting
Officer: Rananjai Singh
Address:
District Cooperative Bank Ltd., Raebareli
Contract
Type: Project / Lump-sum
12.
Bid Structure & Conditions
Two-packet
bid (Technical + Financial)
Reverse
auction: Not enabled
Bid
splitting: Not applied
Buyer
can increase/decrease scope or duration by ±25%
Consortium
bidding allowed
Dedicated
support contact required