Rural Development And Panchayat Raj Department invitation of tender for the selection of chartered accountant firm for to conduct statutory financial audit for the financial year 2025-26

Rural Development And Panchayat Raj Department invitation of tender for the selection of chartered accountant firm for to conduct statutory financial audit for the financial year 2025-26

1. Nature of Work

Selection of a Chartered Accountant (CA) Firm for conducting Statutory/Financial Audit of MGNREGS Telangana (FY 2025–26) across:

• 32 Districts
• 570 Mandals/MCCs
• 106 DCCs
• Total: 708 units

Audit scope includes:

• Verification of vouchers and supporting documents
• Scrutiny of FTOs, salary bills, sanctions
• Verification of books of accounts and registers
• Bank reconciliation
• Outstanding advances verification
• Physical verification of assets/stores
• Compliance verification
• Consolidated audit reporting at Mandal/District/State levels

2. Eligibility Criteria

The CA firm must satisfy:

1. Registered office/HQ/Branch at Hyderabad
2. Permanent establishment or branch in Telangana
3. Minimum annual turnover:
• ₹1 crore every year
• Last 3 years (2022–23, 2023–24, 2024–25)
4. ICAI registration + C&AG empanelment for minimum 5 continuous years
5. Minimum 5 years standing experience
6. Experience in Government/Semi-Government audit:
• At least one assignment every year for past 3 years
7. Not cautioned/apprehended by ICAI during past 5 years
8. Human resources requirement:
• Minimum 3 full-time FCA/FCA Partners
• Minimum 4 CA Inter
• Minimum 8 M.Com/MBA (Finance) per package
9. Income Tax returns (3 years)
10. GST returns (3 years)
11. P&L and Balance Sheet (3 years)
12. Firms auditing MGNREGS-TG continuously for 2 or more years are ineligible

3. Firm Requirement

Required staffing and infrastructure:

Audit Team

Per audit team:

• Minimum 4 professionals
• Mandatory field visits to each Mandal
• District visit team:
• 1 CA Inter with 3 years experience
• 1 MBA(Finance)/M.Com with 3 years audit experience

Firm must provide:

• District-level monitoring staff
• Computers and peripherals
• Internet and telephone facilities
• Transportation and TA
• Training material
• Continuous monitoring support

4. Advance Requirement

No mobilization/advance payment mentioned.

Instead:

• 100% payment after completion
• Payment within 45 days after submission of reports
• Subject to availability of MGNREGS administrative funds

5. Location Requirement

Mandatory:

• Headquarters/Branch office at Hyderabad
• Permanent establishment/branch in Telangana State

Audit locations:

• Entire Telangana covering:
• 32 districts
• Mandals
• DCC offices
• State HQ Hyderabad

6. Contract Details

Initial contract:

• 1 year
• For FY 2025–26 audit

Renewal:

• Extendable to second year
• Maximum overall period:
• 2 years
• Renewal depends on satisfactory performance

Agreement requirement:

• Agreement within 1 week after award
• Stamp paper: ₹100

Penalties:

• Delay up to 15 days:
• ₹10,000
• Delay 15 days–1 month:
• ₹20,000
• Beyond 1 month:
• ₹1,00,000/month

EMD forfeiture if:

• Bid withdrawn
• Agreement not executed
• Contract terms violated

7. Financial Details

Tender Fee

• ₹5,000 per package
• Non-refundable

EMD

• ₹1,00,000 per package
• Refundable

Package Values (minimum audit fee including GST)

Total tender value:

• ₹36,46,200 including GST

Important:

• Quote below minimum fee → bid invalid
• One firm can receive only one package
• Quote must include all taxes
• Decimal quotations invalid