1.Scope of Work
Type: Financial Audit + Accounting
& Compliance Support
Key responsibilities include:
Audit &
Financial Work
- Review
of financial statements
- Review
of financial reporting framework
- Internal
audit of accounts
- Preparation
of audit report
- Reliability
of financial reporting
- Internal
financial control review
- Compliance
with laws & regulations
- Risk
management review
- Bank
transactions audit
Accounting
& Statutory Work
- Preparation
of Annual Accounts of SLSA
- TDS
returns filing
- Issuance
of Form-16 (employees & contractors)
- GST
returns
- Utilization
certificates
- Miscellaneous
financial work
Areas
Covered
- Cash
& bank balances
- Receivables
& payables
- Fixed
assets & depreciation
- Inventory
& store management
- Procurement
& purchases
2.
Reporting Requirements
- Progress
report: Quarterly
- MIS
reporting: Required
- MIS
frequency: Quarterly
- Post-audit
support: 6 months
This is a comprehensive
internal audit + accounting + tax compliance assignment.
3. Contract
Period
4.
Eligibility
Experience
- Minimum
3 years’ experience in similar services
- Must
have experience with Govt / PSU organizations
- Similar
services experience: Mandatory
- No
relaxation for MSME or Startup
5. Past
Project Requirement
Must have completed similar work:
- 3
projects ≥ 40% of estimated cost OR
- 2
projects ≥ 50% OR
- 1
project ≥ 80%
6. Firm Strength Requirements
- Minimum
firm existence (ICAI): 3 years
- Experience
in audit of companies/PSUs: Required
- At
least 1 senior qualified professional
- At
least 1 DISA/CISA-qualified professional
- At
least 1 full-time CA
7.Local Presence Requirement
- Service
provider must have an office in the same state (Chandigarh)
- Proof
required
8.
Financial & Evaluation Details
Estimated Value- ₹90,000 (~₹0.9 lakh)
EMD- Not required
Performance
Security (ePBG)
- Required:
3% of contract value
- Validity:
30 months