Expression of Interest are invited for Selection of Audit Review Firms for reviewing Reports of Union Parishad Financial Audits of all Union Parishads UPs Consulting Firm National Lump Sump Title Of Service Request for Expressions of Interest EOI for Selection of Audit Review Firms for reviewing Reports of Union Parishad Financial Audits of all Union Parishads UPs of different Districts under different Packages Contract Package Nos S 23 to S 26 Total 04 Nos Packages Brief Description of Assignment The scope of services includes reviewing Reports on union parishad annual external financial audits for Financial Years FY 2018 19 2019 2020 2020 2021of all the UPs of the country each year under the following 04 contract packages Sl No Package No Divisions No of UPs1 S 23 Dhaka Mymensing Divisions 12362 S 24 Chittagong Division 9583 S 25 Rajshahi Rangpur Divisions 10994 S 26 Khulna Barisal Sylhet Division 1274The objectives of the audit reviews are to assist LGD to i promptly ascertain if audit reports received from audit firms are acceptable ii ensure quality and consistency of audit process and outcomes iii provide follow up on audit findings with audit firms and UPs including support for appeal process as required It is expected that the audit review assignment will begin on or around November 2020 and will be completed as mentioned in paragraph 7 below The working areas under the respective packages number of Upazilas and UPs may vary in RFPs Request for Proposals and or during contract negotiations Experience Resources and Delivery Capacity Required The Local Government Division of the Ministry of Local Government Rural Development and Cooperatives now invites eligible Audit Review Firms registered with the Institute of Chartered Accountants of Bangladesh under P O No 2 of 1973 to submit their Expressions of Interests EOIs for the above contract packages for providing the required services Interested Audit Review Firms must provide information with documentary evidences indicating that they have the required qualifications and relevant experience to perform the Services brochures copy of its original registration description of assignments of similar nature experience in similar conditions availability of appropriate professional qualifications and experience among staff etc The EOIs received for each package will be evaluated on the basis of the following Registration Age of the firm The number of full time partners in the Chartered Accountancy firm a minimum of three full time partners resident in Bangladesh is required The number of years that the Chartered Accountancy firm has been in public practice in Bangladesh more than ten years are required Partnership affiliation with a reputed international Accountancy firm Experience of auditing decentralized public sector bodies and exposure to public sector financial management environment Experience of working on similar assignments UP accounts local government finances Experience of work in rural environment Experience of the firm in other works Capacity in terms of manpower Availability of key personnel with appropriate skill mix and logistics to provide the service in a professional manner Support services of the firmOther Details if applicable The attention of interested Firms is drawn to paragraph 55 of the PPR 2008 setting forth the provision on conflict of interest In addition please refer to the following specific information on conflict of interest related to this assignment In order to avoid any conflict of interest a firm contracted for LGSP 3 UP financial audits and a firm having any sort of direct or indirect interest in such a contracted firm will not be eligible to be an audit reviewing firm Information provided by the firms will be verified with the Institute of Chartered Accountants of Bangladesh ICAB and or other entities wherever applicable EOIs from single firms would be considered preferable However firms may associate with other firms to enhance their qualification but should mention whether the association is in the form of a joint venture or sub consultancy In the case of a joint venture all the partners in the joint venture shall be jointly and severally liable for the entire contract if selected In the case of an association all members of such associations should have real and well defined inputs to the assignment LGD will communicate only with the lead firm for successful completion of the assigned task 7 Audit Review Firms will be selected in accordance with the Fixed Budget Selection FBS method set out in the Procurement Regulations It is expected that the assignment will be initially to conduct review of 3 three Financial Years with possible extension to be determined later It shall commence around November 2020 throughout the 08 Divisions under different contract packages and shall be completed by November 2021 as per the following schedule for each package Sl No Review of Reports of Annual Financial Statement of FYs Start of Audit Review Completion of Audit Reviewi 2018 19 November 2020 March 2021ii 2019 20 November 2020 March 2021iii 2020 21 July 2021 November 2021Interested Chartered Accountancy Firms may obtain further information from the office of the undersigned during office working hours The Authority reserves the right to accept or reject any or all EOIs received without assigning any reason thereof Two 2 sets of Expressions of Interest EOIs in hard copies along with soft versions both in pdf and word Format in DVD and through e mail in pdf word format for any package must be delivered to the address given below by 30th July 2020 within 02 00 PM The covering envelope sealed should be clearly marked as EOI for Selection of Audit Review Firms to review Audit Reports of Union Parishads under mention here the names of respective division s Division s under Contract Package No mention here the respective package no One firm may express its interest for more than one contract package but it shall do so by submitting EOIs separately for any such package s Association with foreign firms is Not EncouragedEOI Closing Date and Time 30 07 2020 2 00 PM
Contact Information
Other Detail
View Notice Now...
Fill Detail for Getting Instant Access
Download Tender Document / Tender Notice
Dear Sir,
Warm Greetings from TenderDetail.com !!
We have received Tender Document request for the TDR No : 31562957
Tender Notice along with it's Attachments ( Tender Document / Scan Image of News Paper)
sent to your Email Address :.
Please check your email for Tender Document.