Rural Development Department Financial Audit Services- Audit Report, CA Firm

Rural Development Department Financial Audit Services- Audit Report, CA Firm

NATURE OF WORK

• Appointment of a Chartered Accountant firm for conducting Internal Audit of PMGSY (Pradhan Mantri Gram Sadak Yojana).
• Audit to cover:
• URRDA Head Office
• All PIUs (Program Implementation Units)
• Review of financial statements, utilization of funds, internal controls, procurement compliance, inventory verification, and management reporting.
• Total entities/PIUs to be audited: 56 offices/units.

ELIGIBILITY CRITERIA

The CA firm must:

1. Have minimum 5 partners, all FCA.
2. Be empanelled with C&AG for FY 2024–25.
3. Have average annual turnover of ₹200 lakhs during last 3 years (FY 2022–25).
4. Have minimum 10 years existence as per ICAI certificate.
5. Have Head Office/Branch Office in Uttarakhand.

FIRM REQUIREMENT

Required team deployment:

• Team Leader / Audit Partner:
• Partner with minimum 7+ years audit experience
• Audit Manager:
• Partner/CA employee with 5+ years experience
• Qualified Auditors:
• Minimum 1+ year experience
• Audit support staff for field visits.

ADVANCE REQUIREMENT

Bid submission requirements:

• Bid document fee: ₹500
• Bid Security (EMD): ₹11,000 (Demand Draft) in favor of Chief Engineer, URRDA.

LOCATION REQUIREMENT

• Firm must maintain a Head Office or Branch Office in Uttarakhand.
• Audit work spans 56 PIUs across Uttarakhand, including Dehradun, Almora, Pauri, Chamoli, Nainital, Haridwar, Tehri, Rudraprayag, Pithoragarh, etc.

CONTRACT DETAILS

• Contract validity initially for FY 2025–26.
• Can be extended annually on same terms and conditions, subject to satisfactory performance.
• Auditor expected to commence work within 1 month of award.
• Proposal validity: 90 days from technical bid opening.

FINANCIAL DETAILS

• Estimated work value: ₹5,02,000 (one year)
• Payment schedule:

• GST payable extra as applicable.
• Penalty:
• 1% of contract value per month (or part thereof) for delay beyond stipulated date