Tender
Identification
- Notification / RFP No.: MFP/Fed/Audit/2026/I
- RFP Issue Date: 21.01.2026
- Issuing Office: Managing
Director, CGMFPFED, Raipur
Tender
Overview
- Type: Request for Proposal
(RFP)
- Issuing Authority: Chhattisgarh
State Minor Forest Produce (Trading & Development)
Co-operative
Federation Limited (CGMFPFED)
- Nature of Work: Appointment
of Statutory Auditor
- Audit Period: Financial Year
2025–26
- Estimated Scale:
- Turnover ≈ ₹1,000 Cr
(±10%)
- Approx. 8,000 vouchers
at Federation level
Key Dates
(Bid Schedule – Round 1)
- Bid Download Start: 21.01.2026
- Online Bid Submission Start:
02.02.2026 (11:00 AM)
- Last Date of Online Submission:
11.02.2026 (03:00 PM)
- Opening of Technical Bid:
11.02.2026 (03:10 PM)
- Financial Bid Opening: To be
intimated to technically qualified bidders
- Bid Validity: 180 days
Contract
Period
- Duration: 1 Year
- Validity: From date of Letter
of Award / Work Order
- Extension: Not specified
Eligibility
Criteria
A CA firm must
meet the following:
- Mandatory Empanelment
- Empanelled with Registrar,
Co-operative Societies, Chhattisgarh
- For audit of FY 2025–26
- Head / Branch office in
Raipur District
- Experience
- Minimum 5 years as Statutory
Auditor
- Financial Strength
- Average annual net receipts
≥ ₹50 Lakhs
- In last 3 financial
years
- Relevant PSU / Govt. Audit
Experience
- Minimum 2 statutory
audits
- Government / PSU /
Govt-controlled entity
- Each entity having ₹300
Cr+ annual turnover
- During last 5 financial
years (FY 2020-21 to 2024-25)
- Compliance
- Valid ICAI constitution
certificate
- Not blacklisted / debarred
- No misrepresentation in
documents
Scope of
Work
- Statutory audit under Chhattisgarh
Co-operative Act, 1960
- 100% vouching
- Audit at:
- Federation (State level)
- Mart locations (6 forest
headquarters)
- Submission of:
- Statutory Audit Report
- Special Audit Report (in
case of fraud/irregularity – without extra fee)
- Reports to be submitted in 5 hard
copies
Fees
Structure
- Minimum Audit Fee: ₹30,000
- Maximum Audit Fee: ₹3,00,000
- Basis: Lump-sum (L1 selection)
- Taxes: GST extra as applicable
- Important:
- Quote below minimum fee → Bid
rejected
- TA/DA not reimbursable
(to be included in fee)
EMD
(Earnest Money Deposit)
- Amount: ₹25,000
- Mode: Online (Gateway / Net
Banking / RTGS / NEFT)
- Refund:
- Unsuccessful bidders →
within 15 days
- Successful bidder → after
submission of Performance Security
- Forfeiture:
- Withdrawal of bid
- Failure to sign agreement
- Misrepresentation of facts
Performance
Security
- Amount: ₹25,000
- Form: Bank Guarantee /
Security Deposit
- Validity: 1 year
- Release: After satisfactory
completion of audit
- Non-submission: LOA cancelled
+ EMD forfeited
Selection
Method
- Bidding System: Single-stage, Two-Envelope
- Technical Bid
- Financial Bid
- Evaluation: Least Cost
Based Selection (LCBS)
- Award:
- L1 bidder
- If tie → bidder with higher
turnover preferred
Reference
Links & Contact