Mecon Limited inviting for appointment of auditor for audit of pf & gratuity accounts of mecon limited

Mecon Limited inviting for appointment of auditor for audit of pf & gratuity accounts of mecon limited

1.NATURE OF WORK

Appointment of a Chartered Accountant (CA) audit firm for:

• Audit of MECON Employees Provident Fund (PF) Accounts for FY 2025–26
• Audit of MECON Gratuity Fund Accounts for FY 2025–26
• Audit to be performed according to statutory provisions and government requirements.

Scope includes:

• PF audit for FY 2025–26
• Gratuity audit for FY 2025–26
• Submission of audit report within prescribed timeline

2.ELIGIBILITY CRITERIA

Technical Eligibility

1. Firm must not have audited MECON PF accounts in FY 2024–25
2. Firm should not have conducted audits for more than 2 years within the block of six financial years (2019–20 to 2024–25)
3. Bidder must have a local office in Ranchi with documentary proof.

Financial Eligibility

Average annual turnover during last 3 financial years ending March 2025:

• Minimum: ₹0.25 lakh (₹25,000)

Required documents:

• Audited financial reports for last 3 years OR
• CA certificate with UDIN

3.FIRM REQUIREMENT

The firm must provide:

• GST Registration
• Power of Attorney/Authorization
• Signed tender documents and declarations
• Bidder details (partners, audit staff, Ranchi office details)
• Experience details in:
• PF audits
• Gratuity audits
• Public/private sector assignments
• Exempted PF Trust audits under EPF & MP Act, 1952

4.ADVANCE REQUIREMENT

No advance payment provision found.

Payment terms:

• 100% payment within 30 days after completion of assignment and submission of report/bill

5.LOCATION REQUIREMENT

Mandatory:

• Local office at Ranchi, Jharkhand

Work correspondence address:

Ranchi

MECON Ltd., Doranda, Ranchi – 834002

6.CONTRACT DETAILS

Tender No.:

11.74/Appointment of Auditor/005

Type:

• Open Domestic Tender
• E-tendering only

Completion period:

• Within 60 days from work order issue date

Tender validity:

• 4 months from bid opening date

Bid submission:

• Last date: 01 June 2026, 12:00 PM IST
• Technical opening: 02 June 2026, 11:00 AM IST

Security Deposit:

• 3% of contract value excluding GST
• To be deposited within 7 days of award

Liquidated Damages:

• 0.5% per week of delay
• Maximum: 5% of contract value (excluding GST)

7.FINANCIAL DETAILS

Tender Cost:

• Nil

EMD:

• Nil

Tender Processing Fee:

• ₹1,180 including GST (non-refundable)

Currency:

• Indian Rupees only

Evaluation method:

• L1 (lowest evaluated bidder) among technically qualified bidders