Consultancy Services for IFRS-9 ECL Model for Sui Southern Gas Company Limited

The Sui Southern Gas Company Limited (SSGC) Procurement Department in Karachi, Sindh, is seeking consultancy services for the modification and enhancement of its existing IFRS-9 Expected Credit Loss (ECL) Model. This procurement is planned for the financial year 2026-27 and aims to engage a consultancy firm with proven expertise in financial reporting and credit risk modeling specifically tailored to the energy sector. Items being procured: - Hiring of consultancy firms services required for IFRS-9 ECL Model (1 job) The scope of work includes analyzing customer billing and receivable data to classify customers based on payment behavior, updating assumptions within the existing ECL model such as Probability of Default (PD) and Loss Given Default (LGD), and incorporating external macroeconomic data including GDP growth, unemployment, inflation, and interest rates. The consultant will compute the Expected Credit Loss for financial statements, provide detailed logic and references to IFRS-9 standards, and assist management in prioritizing recovery efforts by identifying customers generating the highest ECL charge. Additionally, the consultant will support management in explaining the model to auditors and stakeholders and respond to related queries. Eligibility criteria require bidders to be active taxpayers with the Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB), with all tender documents duly signed and stamped. The evaluation will be based on Least Cost Based Selection (LCBS) with a minimum technical score of 65 out of 100. Bidders must be registered on EPADS v2.0 and submit proposals online through the system. Manual submissions will not be entertained. The tender documents and detailed terms are available on EPADS at https://epads.gov.pk/opportunities/federal/procurements/64460. The bid security must be submitted in the prescribed form or as a bid securing declaration. The deadline for submission is Monday, August 3, 2026, at 11:00 AM, with opening at 11:30 AM the same day. The physical submission of bid security should be delivered to ST-4/B, Block 14, Sir Shah Suleman Road, Gulshan-e-Iqbal, Karachi. A practical tip for bidders is to ensure timely registration and familiarization with the EPADS v2.0 platform, as all proposals must be submitted electronically. Early preparation of the technical and financial proposals, including all required documentation such as FBR and SRB active taxpayer lists, will help avoid disqualification. Attention to the detailed eligibility and evaluation criteria will enhance the chances of success in this competitive procurement.