Engagement of Chartered Accountant Firm for Audit and Preparation of Annual Statement of Accounts for University of Balochistan FY 2025–26 to 2027-28

The University of Balochistan, Quetta invites reputable Chartered Accountant firms to submit sealed bids for professional audit services covering the Financial Years 2025–26, 2026-27, and 2027-28. The assignment includes audit and preparation of the annual statement of accounts in compliance with the Balochistan Universities Act, 2022, applicable PPRA rules, and professional auditing standards. Items being procured: - Examination of financial records including General Ledger, Cash Book, Bank Books, Trial Balance, Payment and Receipt Vouchers, Payroll, Advances, Grants, Endowment Funds, Student Receipts, Research Funds, Fixed Assets, Investments, Loans, Creditors and Debtors, Tax Deductions, Procurement and Development Expenditure - Audit and review of annual financial statements - Compliance review with relevant laws and regulations - Taxation review including income tax withholding and sales tax - Internal control review covering authorization, segregation of duties, procurement, payroll, bank reconciliations, fixed assets, inventory, budgetary controls - Preparation of audit observations and management letter - Finalization and submission of annual financial statements to the Auditor General of Pakistan The scope demands a firm registered with ICAP, possessing valid tax registration and ATL status, with at least five years of relevant experience and three comparable audit assignments. Bid security of 2% of the quoted amount is required via pay order or bank draft in favor of the Treasurer, University of Balochistan. Tender documents are available on the PPRA and University websites upon payment of Rs. 5000 non-refundable fee. Bids must be submitted to the Treasurer's office at University of Balochistan, Sariab Road, Quetta before the deadline of 18 September 2026. The procurement follows Single Stage Two Envelope procedure with 70% technical and 30% financial evaluation under QCBS. Bidders should ensure compliance with all eligibility criteria and submit separate technical and financial proposals. A practical tip for bidders: carefully prepare the technical proposal to meet the 70% qualifying threshold to ensure financial bids are opened. The University reserves the right to accept or reject any or all bids as per applicable rules.