Hiring of Internal Audit Services for Financial Year 2025-26 at CPGCL GENCO-II TPS Guddu

This tender invites qualified firms to provide Internal Audit Services for the financial year 2025-26 at CPGCL GENCO-II TPS Guddu, located in Kashmore, Sindh. The department requires a comprehensive audit covering internal controls, corporate governance, risk management, and compliance with applicable laws and standards. The scope includes financial and operational audits, contract audits for service agreements with GE and Hydro Electric Power System Engineering Company, statutory compliance, and review of medical and NESPAK agreements. The audit firm must evaluate the adequacy of internal controls, verify financial records, and ensure compliance with IFRS and company policies. Special attention is required for contractual obligations, performance guarantees, and risk exposures related to power generation operations. The work demands a firm with strong experience in power sector audits, capable of handling complex financial and operational data in a regulated environment. Bidders should be registered Chartered Accountant firms with at least a 'B' ranking from the State Bank of Pakistan, possess a satisfactory QCR rating from ICAP, and hold valid FBR registrations. Compliance with PEC categories and FBR/ATL status for the fiscal year 2025-26 is essential. The firm must submit a fixed bid security of PKR 50,000 and adhere to the Public Procurement Rules 2025. The submission deadline is set for 04:00 PM on Friday, March 6, 2026, with bid opening at 04:30 PM the same day via the EPADS v2.0 online portal. Hard copies of bid security must be delivered physically to the CPGCL office in Kashmore. The address for submission and contact details are provided in the tender documents. Pro-Tip: Ensure your bid includes all required documentary evidence, especially the original bid security before the deadline, to avoid disqualification. Also, carefully review the technical evaluation criteria focusing on power sector experience and government audit credentials to maximize your technical score.