Engagement of External Audit Firm for Monitoring and Validation of Physical Assets and Inventory in Islamabad

This tender invites sealed proposals for engagement of an external audit firm to provide monitoring and validation services for real time disposal of physical assets and inventory in Islamabad. The procurement falls under consultancy category focusing on audit services for asset management. The scope includes vetting employee severance packages and terminal dues with real time disposal monitoring. The audit firm must be enlisted in Category-A or B by the State Bank of Pakistan and have a satisfactory QCR rating by ICAP. The firm should comprise Chartered Accountants as per the Chartered Accountants Ordinance, 1961. Proposals must be submitted electronically via E-PAD before the deadline. The contract will be awarded on a least cost selection basis under single stage one envelope procedure. Bidders must submit separate sealed technical and financial proposals. Late submissions will be rejected. The tender is issued by Utility Stores Corporation of Pakistan.