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Appointment of External Auditors for Financial Year 2025-26 by National Logistics Corporation

Expired Tender
⏰ Closing Date:
2024-07-04

Tender Description

This tender invites qualified Chartered Accountant firms to submit proposals for the appointment as external auditors for the National Logistics Corporation (NLC) for the financial year 2025-26. The opportunity is open to firms registered with ICAP, holding a valid Certificate of Practice and a satisfactory Quality Control Review (QCR) rating. The assignment falls under the consultancy category, focusing on professional audit services essential for compliance and financial transparency. The scope requires firms with a strong national and international profile, including experience auditing public sector entities and large commercial clients. Firms must be on the State Bank of Pakistan's approved panel of auditors with category A status. The evaluation will consider the firm's professional staff strength, audit experience, and fee proposals, ensuring adherence to ICAP's ATR-14 minimum audit fee regulations. This engagement demands meticulous audit work aligned with regulatory standards and NLC's operational framework. Bidders should ensure their PEC registration and FBR Active Taxpayer List (ATL) status are current for the fiscal year 2025-26. Compliance with ICAP's ATR-14 is mandatory, and firms quoting below the existing auditor's fee will be disqualified. The tender process requires earnest money in the form of a Call Deposit Receipt (CDR) and a tender fee, both payable to NLC's main account. These financial securities safeguard the integrity of the bidding process. Proposals must be submitted in a sealed envelope clearly marked and delivered before the deadline. The closing date is set for 23:59:59 on the specified date, with bid opening conducted at NLC headquarters. Interested firms should direct any queries in writing to the designated contact person prior to submission. The physical submission ensures document security and compliance with PPRA rules. Pro-Tip: Carefully review the advertisement for specific instructions on the tender fee and bid security amounts, as missing or incorrect deposits often lead to disqualification. Also, verify your firm's QCR rating and SBP panel category before applying to avoid last-minute eligibility issues.
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