Audit Services for Federal Government Employees Housing Authority Islamabad and Karachi Offices

The Federal Government Employees Housing Authority Islamabad is seeking qualified Chartered Accountant firms to provide comprehensive audit services for its Islamabad and Karachi offices, including the Welfare Fund for the financial years 2024-25 and 2025-26. This assignment requires adherence to Generally Accepted Auditing Principles and International Accounting & Auditing Standards applicable in Pakistan. The scope includes conducting audits with a systematic approach, reviewing organizational systems, and preparing separate and consolidated audit reports. The Authority emphasizes compliance with ethical standards and expects auditors to provide independent opinions on financial statements. Interested firms must be independent service providers with proven experience auditing autonomous bodies related to construction and infrastructure development. Firms should have at least 10 years of relevant experience, with additional marks for more years and number of clients served. A minimum of four audit staff members must be deputed, and the audit is expected to be completed within one month, with scoring based on the proposed work plan. Bidders must submit comprehensive yet concise bids signed by authorized individuals, including required documentation such as staff lists, work plans, and registration certificates. The submission deadline and address are specified in the tender documents. Bidders are advised to carefully review the Terms of Reference and ensure compliance with all requirements, including Earnest Money and CDR provisions. A practical tip for bidders is to provide a clear and detailed work plan demonstrating their capacity to complete the audit within the stipulated timeframe, as this significantly impacts evaluation scores. This opportunity is ideal for firms registered with FBR and ATL, possessing strong technical expertise and a track record of auditing similar entities. This procurement by the Federal Government Employees Housing Authority Islamabad offers a valuable contract for audit services, with a focus on quality, compliance, and timely delivery. Bidders should prepare their Technical and Financial Bids accordingly to meet the Authority's expectations and submission deadlines.