Quotation for tender
This query is : Resolved
21 August 2009
Can a CA send quotation of a tender of an autonomous body? Is he allowed to quote the fees?
21 August 2009
call 1800228009
19 July 2025
Yes, a Chartered Accountant (CA) can send a quotation for a tender floated by an autonomous body and is allowed to quote professional fees for the services offered.
Key points:
Professional services by CA (like audit, consultancy, tax advisory, etc.) can be offered to autonomous bodies or government entities via tenders or quotations.
Quoting fees is standard practice — the CA proposes a fee based on the scope of work and professional standards.
The fee must be reasonable, justifiable, and comply with the Institute of Chartered Accountants of India (ICAI) guidelines on professional fees.
Transparency and adherence to tender conditions are important.
The CA should ensure no conflict of interest and maintain professional ethics while submitting the quotation.
Key points:
Professional services by CA (like audit, consultancy, tax advisory, etc.) can be offered to autonomous bodies or government entities via tenders or quotations.
Quoting fees is standard practice — the CA proposes a fee based on the scope of work and professional standards.
The fee must be reasonable, justifiable, and comply with the Institute of Chartered Accountants of India (ICAI) guidelines on professional fees.
Transparency and adherence to tender conditions are important.
The CA should ensure no conflict of interest and maintain professional ethics while submitting the quotation.
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