Open tender · India · Public tender

Financial Audit Services - Review of Financial Statements; Audit Firm, CA Firm, CAG Empaneled Audit

Ministry of Education

Ministry of Education in India is inviting bids for “Financial Audit Services - Review of Financial Statements; Audit Firm, CA Firm, CAG Empaneled Audit”. Bids close on 14 October 2026, 17:00 IST. Reference: GEM/2026/B/8092687. Who can bid: Minimum average annual turnover of INR 20 lakh over the last three years; At least 5 years of experience providing similar services to Central/State Government or PSU. askTender lists every requirement to qualify and checks whether your company meets them.

The tender in brief

Financial audit services for IIM Jammu, for audit firms with 5 years of similar government work and INR 20 lakh average turnover

The Indian Institute of Management Jammu requires a financial audit firm to review its financial statements, covering areas such as sales, procurement, inventory, payroll, fixed assets and receivables. The contract runs for 1 year and 1 day, with progress and management information reports every 3 months. The estimated bid value is INR 500,000 including all taxes.

Who can win it

  • Minimum average annual turnover of INR 20 lakh over the last three years
  • At least 5 years of experience providing similar services to Central/State Government or PSU
  • Must have completed similar services meeting one of the specified value thresholds

Key facts

Contract period
1 year and 1 day
How bids are judged
Quality and Cost Based Selection with technical weightage 70% and financial weightage 30%, technical qualifying marks 60 out of 100
Published
29 Sep 2026
Reference
GEM/2026/B/8092687

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  • Whether your company qualifies: your profile checked against each requirement, showing what you have, what’s missing and how to close the gap
  • The documents to file: a checklist, with draft declarations ready to sign
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