Tribal
Co-operatives Marketing Development Federation Of India Limited Inviting For
Financial Audit Services, CA Firm
Nature of
Work
- Conduct Internal Audit for TRIFED Regional Office Raipur and all
outlets/godowns under its jurisdiction.
- Perform risk-based audit covering operational, financial and project
activities.
- Physical verification of:
- Fixed assets
- Inventory/stock
- Analyze and report shortages/damages in stock.
- Verify statutory compliance (GST, TDS, taxes, legal cases,
procurement, inventory, MIS, etc.).
- Submit annual audit reports with annexures and certified financial
statements.
Eligibility
Criteria
The CA firm must:
- Be empanelled with the Comptroller & Auditor General (CAG) for
the audit period.
- Be empanelled with the Central Registrar of Cooperative Societies.
- Have Head Office in Raipur (CG).
- Have experience in statutory/internal/concurrent audits of
Government Departments, PSUs, Autonomous Bodies, or statutory
organizations.
- Have minimum 5 partners:
- 3 partners with at least 10 years' audit experience
- Remaining partners with minimum 5 years' experience
- Have average annual turnover ≥ ₹1 crore for FY 2022–23, 2023–24,
and 2024–25.
Firm
Requirement
Additional requirements include:
- Ability to conduct simultaneous internal audits for offices and
showrooms.
- Prior experience in internal audits under organizations governed by
the Multi-State Cooperative Societies (Amendment) Act, 2023.
- Appreciation letters/recognition for internal audits in the last 3
years.
- No disciplinary proceedings pending with ICAI/GOI.
- Maintain confidentiality and professional integrity.
Advance
Requirement
The document does not mention advance payment to
auditors.
Instead:
- Audit fees are payable after submission and acceptance of the final
audit report.
- Travel and out-of-pocket expenses are reimbursable upon supporting
bills.
Location
Requirement
- Head Office of bidding CA firm must be located in Raipur,
Chhattisgarh.
- Audit assignment covers:
- TRIFED Regional Office: Raipur
- Associated outlets and godowns under Raipur jurisdiction.
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 for one additional financial year based on
satisfactory performance and approval.
- Maximum extension of audit timeline: 1 month under exceptional
circumstances.
- Selected internal auditor cannot act as statutory auditor for the
same financial year.
Financial
Details
- Application fee: Nil
- Earnest Performance Bank Guarantee (ePBG):
- 3% of bid value
- Valid for 60 days beyond bid validity
- Fee release:
- 100% payment after acceptance of final audit report
- TA/DA and out-of-pocket expenses reimbursable as per TRIFED norms