Department Of
Information Technology Financial Audit Services- Audit Report, cag Empaneled
Audit Or CA Firm
Nature of
Work
- Internal Audit Services for GSDL for FY 2026–27 and FY 2027–28.
- Quarterly internal audit and reporting.
- Review of:
- Finance & accounts
- Tax compliance (GST, TDS, Income Tax)
- Internal controls
- Procurement and tender procedures
- Fixed assets, inventory, bank reconciliation
- Payroll and personnel records
- Risk management framework
- Statutory and compliance matters
- Submission of quarterly audit reports and annual financial
statement review.
Eligibility
Criteria
The bidder must:
- Be a Firm/LLP of Chartered Accountants empanelled with CAG
(Delhi Station) for FY 2026–27.
- Have minimum 3 years’ experience in:
- Internal audit/statutory audit of:
- Central Government
- State Government
- PSU
- Companies
- Have a registered office in Delhi.
- Have minimum 3 full-time practicing Chartered Accountant
partners registered with ICAI.
- Have positive net worth in the latest three financial years.
- Joint Ventures (JV) and foreign bidders are not eligible.
- Existing statutory auditor of GSDL or its subsidiaries is not
eligible.
Firm
Requirement
- Registered CA Firm/LLP.
- Minimum 3 full-time CA partners.
- ICAI registration mandatory.
- CAG Delhi empanelment.
- Must provide:
- Registration documents
- Partnership deed (if applicable)
- ICAI certification
- Manpower details
- Experience certificates/work orders
- Audit team requirement:
- Minimum 1 Qualified CA with 3+ years post-qualification
experience
- Minimum 2 CA Internal Audit Assistants
Advance
Requirement
- No advance payment provision mentioned.
- Payment is linked to submission of reports and work completion on a
quarterly basis.
Location
Requirement
- Bidder must have registered office in Delhi.
- GSDL office location:
- 3rd Floor, C-Wing, Civil Lines, Vikas Bhawan-II, New Delhi –
110054
- Audit work primarily at registered office; site visits within Delhi
may be required. Transportation for such visits will be provided by GSDL.
Contract
Details
- Contract period:
- FY 2026–27 and FY 2027–28
- Reporting frequency:
- Deliverables:
- Internal audit report for each quarter
- Financial statement review report
- Reports due within 30 days after end of each quarter
- Award basis:
- Technically qualified bidder with lowest financial bid (L1).
Financial
Details
- Average turnover requirement:
- ₹4 lakh minimum average turnover
- For FY:
- GSDL operational scale (FY 2024–25):
- Income: ₹5.54 crore
- Expenses: ₹4.70 crore
- Vouchers: 4,025
- Price bid:
- Inclusive of GST
- Fixed price throughout contract period
- No conditional bids accepted
- Payment made on quarterly basis after receipt verification