Hiring of Audit Firm for External Audit of Financial Statements of Partner Local Governments.
Punjab Municipal Development Fund Company
GOVERNMENT OF THE PUNJAB PUNJAB MUNICIPAL DEVELOPMENT FUND COMPANY (PMDFC) REQUEST FOR EXPRESSION OF INTEREST (CONSULTING FIRMS) HIRING OF AUDIT FIRM FOR EXTERNAL AUDIT OF FINANCIAL STATEMENTS OF PARTNER LOCAL GOVERNMENTS UNDER PUNJAB INCLUSIVE CITIES PROGRAM (PICP) PK-PMDFC-530289-CS-CQS The Govt. of the Punjab (hereinafter called “Borrower”) has received financing from the International Development Association (IDA) & International Bank of Reconstruction & Development (IBRD) (the “Bank”) in the form of a loan/credit (hereinafter called “loan/credit”) toward the cost of Punjab Inclusive Cities Program. Punjab Municipal Development Fund Company (PMDFC), an implementing agency of the Client, hereinafter referred to as ‘Client’ intends to apply a portion of the proceeds of this credit to eligible payments. The Client intends to hire services of Chartered Accountant Firms for the External Audit of financial statements of 16 Punjab Inclusive Cities Program (PICP) Partner Cities for a financial year (FY2023-2024 & FY2024-2025) and 16 Punjab Cities Program (PCP) Partner Cities for a financial year (FY2023-2024). The audit is to be carried out in accordance with appropriate professional standards of auditing (International Standards of Auditing as adopted by the institute of Charted Accountants of Pakistan) in line with World Bank Regulations. The detailed Qualification/Short listing Criteria &Terms of Reference (TORs) for the assignment can be downloaded from the following website: (https://pmdfc.punjab.gov.pk/ ) or can be obtained at the address given below. The Client now invites eligible consulting firms (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required capacity, qualifications and relevant experience to perform the Services. All the relevant documents i.e., copies of agreements of completed projects mentioned in the EOI and completion certificates of the sam
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