Hiring of Consultant for 3rd Party Annual Assessment of FESCO Five Years Investment Plan FY 2023-24 to FY 2027-28

This tender invites qualified consultants and consultancy firms to conduct the 3rd party annual assessment and verification of Faisalabad Electric Supply Company Limited's (FESCO) five years investment plan spanning FY 2023-24 to FY 2027-28 in Islamabad under the National Electric Power Regulatory Authority (NEPRA). The assignment requires a comprehensive audit of FESCO's investment plan focusing on distribution activities including grid stations, transmission lines, energy loss reduction, SCADA, smart metering, and civil works. The consultant will verify cost, timelines, compliance with NEPRA regulations, and the prudent utilization of funds totaling approximately PKR 124 billion. The scope demands detailed technical and financial expertise to analyze project execution, cost overruns, exchange rate impacts, and adherence to approved plans. The consultant must conduct quarterly monitoring, field verifications, and prepare annual reports by August 31 each year. The firm must have at least 10 years of relevant audit experience, PEC registration, and active taxpayer status. The evaluation follows a two-stage bidding process with technical bids weighted at 70% and financial bids at 30%. Applicants should ensure compliance with PEC categories, FBR active taxpayer lists, and submit all required affidavits including conflict of interest and litigation history. The contract spans five years with payments staggered annually based on report submissions and NEPRA approval. Earnest money and performance security of 5% are mandatory. The tender emphasizes strict adherence to PPRA rules and NEPRA guidelines. Submission deadline is on the 12th of February 2026 at 1400 hours with technical proposals opening at 1430 hours at NEPRA Tower, Ataturk Avenue, Islamabad. Proposals must be submitted via the e-Pak Acquisition and Disposal System (e-PADs). Interested firms should attend the pre-bid meeting on 22nd January 2026 at 1100 hours. Pro-Tip: Ensure all affidavits and supporting documents are correctly notarized and attached. Pay special attention to the technical bid scoring criteria and PEC registration requirements to avoid disqualification. Also, verify the active taxpayer status on the FBR ATL to meet eligibility.