1. Who Can Apply
- Only Chartered Accountant Firms registered in India.
- Must be CAG/AG empanelled for the current financial
year.
- Must have permanent office in Andhra Pradesh and a branch
in Guntur or Vijayawada.
- Must hold valid ICAI registration, PAN, and GST
registration in Andhra Pradesh.
- Must not be blacklisted or debarred by any
Government/PSU.
2. Financial Eligibility
- Minimum audited annual turnover of ₹29.25 lakh in any
one of the last 5 financial years.
- Must submit audited financials as proof.
3. Experience Eligibility
A. Type of Experience Required
- Prior audit experience in:
Educational institutions, universities, societies, PSUs, Govt.
departments, airports, hospitals, hotels, etc.
B. Mandatory Work Order Value
Condition
Firm must meet one of the
following in last 5 years:
- Single work order ≥ ₹15.60 lakh, OR
- Two work orders ≥ ₹9.75 lakh each, OR
- Three work orders ≥ ₹7.80 lakh each.
4. Technical Capacity
- Must have adequate qualified manpower: CAs,
partners, semi-qualified staff, article assistants.
- Must upload list of key personnel with ICAI
membership and salary proof.
5. Solvency
- Solvency Certificate of ₹4.87 lakh, issued by a
nationalized/scheduled bank, dated not earlier than 17.11.2024.
6. Other Mandatory Conditions
- Must not have conflict of interest.
- No subcontracting allowed.
- Must submit Power of Attorney for authorized
signatory.
- Firm must not have failed/terminated contracts in
last 5 years.