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Request for Expression of Interest (EOI)

Service of Internal Auditors for Project RANG,

Indus Heritage Trust (IHT)

Japan Social Development Fund (JSDF)

 

Indus Heritage Trust (IHT) has received financing from the World Bank in Pakistani currency towards the cost of the Development Artisanal Livelihoods in Rural Pakistan Project and intends to apply the proceeds of this financing to eligible payments for consultancy services.  Procurement process will be conducted in accordance with the “CQS” procurement method contained in the World Bank Guidelines.

 

IHT, RANG project intends to hire the services of Chartered Accountant firm to verify that the annual accounts provide a true and fair picture of the organization’s finances and that the use of funds is in accordance with the aims and objects as outlined in the constitution. Please refer to address mentioned below for details for this consultancy assignment.

 

IHT invites eligible Chartered Accountant firms to indicate their interest in providing the services. Interested consulting Firms should provide information demonstrating that they have the required qualification and relevant experience to perform the services. The following shall be the evaluation criteria.

 

EOI Evaluation Criteria

The audit firm must be a chartered Accountancy firm having at least 10 years working experience in applying International Auditing Standards in its audit and assurance assignments and have a sound knowledge of donor-financed projects audit.

The engagement partners and audit managers must at least have 10 and 05 years of experience respectively in auditing and should be a member of the Institute of Chartered Accountants of Pakistan.

The audit firm shall have employees with appropriate professional qualifications including experience in auditing the accounts.

Audit firm must be satisfactory QCR Rated Firm from ICAP and at least “B” category rating as per Panel of Auditors maintained by State Bank of Pakistan under Section 35(1) of Banking Companies Ordinance, 1962.

Firm should have office in Islamabad or in its vicinity

 

A consulting firm will be selected in accordance with the Selection Based on Consultants Qualification (CQS) method set out in the World Bank’s Guidelines: Selection and Employment of Consultants [under IBRD Loans & IDA Credits and Grants] by World Bank Borrowers (2011).

 

Expression of Interest must be submitted not later than Thursday, August 30, 2018 during office hours at [email protected].