Rural Development Department Inviting For Scheme
Audit
NATURE OF WORK
Selection of a Chartered Accountant Firm to conduct Statutory / Financial
Audit of MGNREGS-Telangana (FY 2025–26) across Mandals, District
Headquarters and State Headquarters. Audit work includes:
- Verification
of vouchers and supporting documents
- Verification
of FTOs, salary bills, sanctions, and expenditures
- Checking
compliance with Government norms and MGNREGS guidelines
- Verification
of books of accounts and registers
- Physical
verification of fixed assets/stores
- Bank
reconciliation
- Verification
of advances, receipts and payments
- Submission
of consolidated audit reports and management reports
ELIGIBILITY CRITERIA
The firm should:
- Have
Headquarters/Branch in Hyderabad and establishment in Telangana
- Not
have audited MGNREGS-TG continuously for two or more years
- Have
turnover of ₹1 crore per year during the last 3 years
- Be
registered with ICAI and empanelled with C&AG continuously for at
least 5 years
- Have
minimum 5 years standing experience
- Have
Government/Semi-Government audit experience in the past 3 years
- Not
have been cautioned/apprehended by ICAI during the last 5 years
- Have
submitted IT Returns, GST Returns, P&L and Balance Sheet for the last
3 years
FIRM REQUIREMENT
The firm must have:
- Minimum
3 full-time FCA/FCA Partners
- 4 CA
Inter
- 8
Post Graduates (Commerce/MBA Finance) for each package
- One
FCA partner available for supervision and reporting
- Audit
team with minimum 4 professionals for Mandal visits
- District
audit team with:
- 1
CA Inter (minimum 3 years experience)
- 1
MBA Finance/M.Com (minimum 3 years audit experience)
ADVANCE REQUIREMENT
EMD and processing fees required:
- Tender
Application Fee (non-refundable): ₹5,000 per package
- EMD
(refundable): ₹1,00,000 per package
- Both
to be submitted through DD
- Bids
without fee or EMD will be rejected
LOCATION REQUIREMENT
- Registered
office/branch at Hyderabad
- Permanent
establishment or branch office in Telangana State
- Audit
coverage spans:
- 32
Districts
- 570
MCCs
- 106
DCCs
- Total
708 units
CONTRACT DETAILS
- Initial
contract period: 1 year (FY 2025–26 audit)
- Maximum
assignment period: 2 years, subject to satisfactory performance
- Agreement
to be executed within 1 week of award
- Failure
to execute agreement:
- EMD
forfeiture
- Blacklisting
possible
- One
firm can receive only one package
- Penalty
for delays:
- Up
to 15 days: ₹10,000
- 15
days–1 month: ₹20,000
- Beyond
1 month: ₹1,00,000/month
FINANCIAL DETAILS
Minimum package values (including GST):
- Package
I: ₹12,07,140
- Package
II: ₹12,69,680
- Package
III: ₹11,69,380
- State
HQ Audit: ₹85,000
Payment terms:
- 100%
payment within 45 days after submission of district audit
reports
- State
audit payment: 100% within 45 days
- Delay
in report submission beyond 45 days attracts 10% deduction of actual
audit fee