Consultancy Services for IFRS-9 ECL Model by SSGC Procurement Department

The Sui Southern Gas Company Limited (SSGC) Procurement Department in Karachi invites qualified consultancy firms to provide specialized consultancy services for the IFRS-9 Expected Credit Loss (ECL) Model for the financial year 2026-27. This procurement is planned under the SSGC Procurement Department’s reserved funds and aims to engage expert consultants to support the company’s financial and regulatory compliance requirements. Items being procured: - Consultancy services for IFRS-9 ECL Model The scope of work involves detailed consultancy on the IFRS-9 ECL Model, requiring firms with proven expertise in financial modeling, risk assessment, and regulatory frameworks. The consultancy will support SSGC’s efforts to comply with international financial reporting standards and enhance its credit loss estimation processes. The project will be managed through the EPADS v2.0 e-bidding platform, ensuring transparency and adherence to Public Procurement Rules, 2004. Eligible bidders must be registered on EPADS v2.0 and demonstrate relevant experience in financial consultancy, particularly in IFRS standards. Firms should comply with all regulatory requirements including valid FBR registration and ATL listing. The procurement will follow a Single Stage-Two Envelope procedure with Least Cost Based Selection (LCBS) as the evaluation method. Bid Security in the form of Others or Bid Securing Declaration is mandatory as per bidding documents. The tender documents and detailed terms are available on the EPADS portal at https://epads.gov.pk/opportunities/federal/procurements/64460. The submission deadline is Monday, August 3, 2026, at 11:00 AM, with proposals opening at 11:30 AM the same day. Manual submissions will not be accepted. Interested firms not registered on EPADS v2.0 should register promptly at https://vendors.epads.gov.pk/. A practical tip for bidders: Ensure your technical and financial proposals strictly follow the EPADS guidelines and include all required bid securities to avoid disqualification. Early registration and thorough review of the bidding documents will enhance your chances of success.