Tribal Co-operative Marketing Development
Federation Of India Limited Inviting For
Financial Audit Services- Audit Report, Cag Empaneled Audit Or CA Firm
Nature of Work
- Appointment of an Internal Auditor (CA Firm) for TRIFED Regional
Office – Andhra Pradesh & Telangana for FY 2025–26.
- Scope includes:
- Internal audit of financial and operational activities.
- Risk assessment and internal controls review.
- Physical verification of fixed assets and inventory.
- Stock shortage/damage analysis.
- Audit of Regional Office, godowns, and Tribes India outlets.
- Verification of statutory compliance (GST, TDS, taxes, etc.).
Eligibility Criteria
The CA firm must:
- Be empanelled with CAG.
- Be empanelled with Central Registrar of Cooperative Societies
(CRCS).
- Have Head Office in Hyderabad.
- Have experience in statutory/internal/concurrent audits of
Government departments, PSUs, autonomous bodies, etc.
- Have at least 5 partners:
- 3 partners with minimum 10 years experience.
- Remaining partners with minimum 5 years experience.
- Average Annual Turnover ≥ ₹1 crore during FY 2022–23, 2023–24 and
2024–25.
Firm Requirement
Required supporting documents include:
- ICAI registration certificate
- CAG empanelment certificate
- CRCS empanelment certificate
- PAN and GST registration
- Staff details and experience proof
- Turnover and net profit proof
- Appreciation/recognition letters (last 3 years)
- Experience under Multi-State Cooperative Societies Act
organizations
Advance Requirement
- Earnest Performance Bank Guarantee (ePBG): 3% of bid value
- Must be issued by a scheduled commercial bank in favour of TRIFED.
- Valid for 60 days beyond bid validity period.
Location Requirement
- Head Office of audit firm must be in Hyderabad.
- Audit location:
- TRIFED Regional Office Andhra Pradesh & Telangana
- No.5, 1st Floor, Chenetha Bhavan, Nampally, Hyderabad – 50000.
Contract Details
- Audit period: FY 2025–26.
- Audit to be completed within 3 months from Letter of Award (LoA),
preferably by 01.08.2026.
- Extension possible up to 1 additional month in exceptional
circumstances.
- Based on satisfactory performance, appointment may be extended for one
additional financial year.
Financial Details
- Fee quotation must include:
- Professional fees
- Taxes separately
- Out-of-pocket expenses separately
- Consolidated total assignment cost
- Payment terms:
- 100% audit fees released after submission and acceptance of final
audit report
- TA/DA and actual expenses reimbursable with supporting bills as
per TRIFED norms