Asian Development Bank (HQ)

LOAN-4695 IND: Maharashtra Roads Connectivity for Inclusive Growth Program - IA Appointment of Internal Audit firm (Financial and Procurement Audit) (52298-003)

Last update: 4 days ago Last update: Apr 15, 2026

Details

Location:India
India
Category:Consulting services
Status:Open
Sectors:Procurement Management, Financial Services & Audit
Languages:English
Eligibility:Organisation
Budget: USD 214,968
Date posted: Apr 15, 2026

Attachments 2

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Associated tenders 1

Status

Date

Quick summary

AI generated
Objectives: Appoint a firm to conduct semiannual internal financial and procurement audits for the Maharashtra R...
Eligibility criteria: Eligible applicants are consulting firms (not individuals) providing internal audit services, to be recruited under ADB Consultants’ Qualifications Selection (CQS) as a national consultancy. The firm must be based in Greater Mumbai, Maharashtra, India. National consultant eligibility is limited to the country of assignment (India); individuals with legal authorization to reside and work in India may also be considered as national experts.
Sector/experience ...

Description

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About the Funding Agency

ADB - Asian Development Bank - based in Manila, Philippines since 1960.

The Asian Development Bank aims for an Asia and Pacific free from poverty. ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.

As a multilateral development finance institution, ADB provides:

  • loans
  • technical assistance
  • grants

 

About the Sectors

Procurement Management

Encompasses initiatives that improve how organizations plan, source, and manage the purchase of goods and services to ensure value for money, compliance, and supplier performance.


Key areas:
  • Public procurement and tender management
  • Bidding documents and TOR development
  • Supplier sourcing, selection, and contract negotiation
  • Contract administration and procurement compliance

Financial Services & Audit

Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.


Key areas:
  • Financial services, banking, and insurance
  • Accounting, auditing, and financial reporting
  • Investment, capital markets, and financial inclusion

Locations

India

India has been expanding transport (roads, railways, ports), energy (renewables and grid modernisation) and digital infrastructure to support rapid urbanisation, industrial growth and integration into global value chains. Through flagship initiatives such as the National Infrastructure Pipeline and PM Gati Shakti Master Plan, the government aims to reduce logistics costs, boost manufacturing competitiveness, and improve connectivity across regions. Public capital expenditure has risen sharply, with increased emphasis on public–private partnerships and climate-aligned investments, while mobilising financing through innovative funds and investor incentives. Key challenges include managing fiscal sustainability, improving project implementation efficiency and reinforcing institutional governance to attract long-term private capital at scale.

Nr. of tenders: 47576
Nr. of grants: 4166
Nr. of donors: 1179
Nr. of jobs: 325
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