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Government of the People’s Republic of Bangladesh

Local Government Engineering Department

Rural Access Road Improvement Project in Sylhet Division

62, West Agargaon, Sher-e-Bangla Nagar,

 Dhaka-1207, Bangladesh.

WWW.lged.gov.bd

Memo No. 46.02.0000.771.11.001.17/605                                                                                   Dated : 30.08.2017

REQUEST FOR EXPRESSION OF INTEREST FOR SELECTION OF SERVICES FOR PROJECT FINANCIAL  AUDIT CONSULTING  FIRM

 

Country                                                 : The People’s Republic of Bangladesh

Name of the Project            : Rural Access Road Improvement Project (RARIP) in Sylhet Division

Sector                                     : Rural Development and Institution

Mode of financing              : Loan

Loan Agreement No.          : BD-0173, BD-0174 & BD-0175

Project ID No.                      : pBGD0209

The Department of Local Government Engineering Department (LGED) has been allocated public funds from the Government of the People’s Republic of Bangladesh (GoB) towards the cost of the Rural Access Road Improvement Project in Sylhet Division to be implemented in 38 Upazila under District of Sylhet, Moulvibazar, Habiganj and Sunamganj under the financial assistance of Islamic Development Bank (IDB) and it intends to apply part of the proceeds of these funds to payments under the contract for the provision of consultancy services for the project by a Consulting Firm (National) for services for project financial audit. The General Procurement Notice (GPN) of the project has already been published in the National Daily newspaper “The New Age” on 22/06/2016 as well as published in IDB website.

The purpose of the services for project financial audit is to enable the auditor to express a professional opinion as to whether (i) the Project Financial Statements (PFS) show true and fair view of the Project’s financial position as of 31 December every year throughout the project period and funds receipts and expenditures incurred during the period then ending. (ii) Expenditures reimbursed on basis of Statements of Expenditures are eligible to Bank financing and are reflected on the PFS, and for this purpose, the audit or shall carry out whatever necessary examinations of the statements and underlying records and control systems. (iii) The Audit opinion should also state whether the Procurement Guidelines of the Islamic Development Bank have been properly applied and in accordance with the Project's Financing Agreement.

The Experience, Resources and Delivery Capacity of the audit firm required at least 5 years working experience, skilled manpower and financial capacity.

The Project Director, RARIP in Sylhet Division, LGED now invites eligible applicants to indicate their interest in providing the services. Interested consultants are invited to provide following information indicating that they are qualified to perform the services (brochures and legal documents, description of similar assignments, experience in similar operating conditions, availability of appropriate qualification and experience among payroll staff, etc.) in competitive proposal.

An applicant may associate with other consultant(s)/firms to enhance their qualifications and clearly specify the type of association (a joint-venture or sub consultancies) as well as the nature of its business (commercial or not-for profit).

A consultant will be selected using the selection sub-method in accordance with the Guidelines for the Use of Consultants under Islamic Development Bank Financing (current edition).  It is expected that the services will be commenced on 03-12-2017 and shall be completed 30-06-2019 or extended project completion date.

Interested applicants may obtain further information at the address below during office hours.

Expression of Interest (EOI) shall be submitted by 2.00 pm on date 18-09-2017, in sealed envelope delivered to the address given below and be clearly marked “Request for Expression of Interest for Selection of services for project financial audit Consultant under the Rural Access Road Improvement Project in Sylhet Division”

The procuring entity reserves the right to accept or reject any or all EOI’s without assigning any reason whatsoever.

 

 

( Md. Mostafa Hassan )

Project Director

Tel : +880-29140670

E-mail : pd.rarip@lged.gov.bd