Hiring of Internal Audit Firm for FY 2025-26 at CPGCL GENCO-II TPS Guddu

The Central Power Generation Company Limited (CPGCL) GENCO-II TPS Guddu, located in Kashmore, Sindh, is procuring the services of an Internal Audit Firm for conducting the internal audit for the financial year 2025-26. This procurement is part of the company's commitment to maintain strong corporate governance and compliance with the SOE Act 2023 and Companies Act 2017. The scope of work includes evaluation of internal controls, corporate governance framework, risk management systems, financial and operational audits, audit of contractual service agreements, O&M agreements, statutory and regulatory compliance, and audit of related agreements such as those with NESPAK and WAPDA Dispensary. The audit firm will be required to work primarily at the company premises and project sites, with an expected stay of at least five working days at project locations for audit assignments. The firm must have a minimum "B" ranking from the State Bank of Pakistan, a satisfactory QCR rating from ICAP, and valid Pakistan Sales Tax registration. The firm must also provide a fixed bid security of PKR 50,000 in the form of Call Deposit, Bank Draft, or Bank Guarantee. Bids must be submitted online through EPADS v2.0 by the deadline of Saturday, June 20, 2026, at 02:00 PM, with the original bid security delivered to the Manager at CPGCL GENCO-II TPS Guddu, Kashmore. The technical and financial bids will be evaluated using the Quality and Cost Based Selection (QCBS) method. The contract period is anticipated for one year with possible renewal. A practical tip for bidders is to ensure timely registration on EPADS v2.0 and to carefully prepare the technical bid to meet all eligibility and qualification criteria, as manual submissions are not accepted and incomplete bids will be disqualified. This tender offers a significant opportunity for qualified audit firms to engage with a major power generation company in Sindh and contribute to its governance and operational excellence.