Hiring of Chartered Accountants Firm for Audit and Financial Services of Khyber Pakhtunkhwa Benevolent Fund Cell

This tender invites qualified Chartered Accountants firms to provide comprehensive audit and financial consultancy services for the Khyber Pakhtunkhwa Benevolent Fund Cell based in Peshawar. The department requires auditing of financial statements for the last five years, including valuation of real assets and verification of Benevolent Fund subscriptions at both provincial and district levels. The audit will involve field visits across districts of Khyber Pakhtunkhwa to verify data and assess the disbursement system's performance. Additionally, the firm will analyze cash flows to determine the fund's sustainability and recommend improvements to the existing disbursement mechanism. The scope also includes providing licensed accounting software such as QuickBooks Desktop or Sage Accounting, digitizing manual accounts at the head office, and training staff on the new system. The assignment demands a firm with at least ten years of relevant experience, registered with the Institute of Chartered Accountants of Pakistan (ICAP), and active on the Federal Board of Revenue's Active Taxpayer List (ATL) as well as registered with the Khyber Pakhtunkhwa Revenue Authority (KPRA). The firm must submit separate sealed Technical and Financial Proposals following the Single Stage Two Envelope procedure. The evaluation will be based on a 70:30 quality-to-cost ratio under the QCBS method. The contract includes a 10% performance security and requires compliance with KPPRA Rules 2014 and the Integrity Pact. Bidders should ensure their PEC category and FBR/ATL status are current for the 2025-26 financial year to avoid disqualification. The firm must also submit a bid security equivalent to 2% of the bid amount. The submission deadline is strictly on the 12th of March, 2026 at 1200 hrs, with technical bids opening the same day at 1400 hrs. Proposals must be delivered physically to the Benevolent Fund Cell office at Benevolent Fund Building, Near Jans Baker, Peshawar Cantt. Late submissions will not be accepted. Pro-Tip: Carefully review the Bid Solicitation Documents and ensure all mandatory documents, including tax registrations and membership certificates, are included. Pay special attention to the stamp duty and performance security requirements, which are often overlooked and can lead to disqualification.