External Audit Services for Three Years by Ravi Urban Development Authority

Ravi Urban Development Authority, a government entity operating under the Government of the Punjab, invites proposals from qualified and experienced audit firms listed in Category 'A' of auditors maintained by the State Bank of Pakistan for the provision of external audit services spanning three years. The scope encompasses comprehensive financial audits covering general operations, Income Tax, Sales Tax, and Punjab Sales Tax departments. This tender is significant for organizations requiring professional external audit compliance and represents a medium-scale, multi-year engagement. The tender document is available from the undersigned office upon submission of a non-refundable Pay Order or CDR of PKR 10,000 issued by any scheduled bank of Pakistan, valid for 90 days in favor of Ravi Urban Development Authority. Tender documents and bid framework are also accessible via RUDA's official website at www.ruda.gov.pk/tenders, though bids must be accompanied by the required Pay Order or CDR of PKR 10,000 regardless of format obtained.

Eligible bidders must be qualified audit firms registered with the State Bank of Pakistan in Category 'A' as maintained by the central bank. Bidders and their directly affiliated firms are ineligible to participate if rejected at any preliminary evaluation stage. Bid security is required as specified in the bidding documents. Technical and Financial Proposals must be submitted in sealed envelopes by 3 August 2026 at 1100 AM at the office address below. Each proposal must include a Security Deposit of PKR 10,000 in the form of a Pay Order or CDR issued by a scheduled bank in favor of Ravi Urban Development Authority. The Financial Proposal must be submitted separately with the Technical Proposal to qualify; proposals lacking this requirement shall be discarded as non-responsive.

Bid opening is scheduled for the same date at 1130 AM in the presence of bidders or authorized representatives at the RUDA office. Late, incomplete, or overwritten bids will not be entertained. RUDA bears no responsibility for costs incurred by bidders in preparation or submission. Bids will be evaluated following Single Stage Two Envelope procedure as outlined in Regulation 4(2)(iii) of RUDA Procurement Regulations 2022 (amended), which are available on the RUDA website and serve as the operative law. RUDA reserves the right to accept or reject any or all proposals without assigning reasons. For further details, contact the Director Procurement at the address provided below.

RUDA seeks a Category 'A' audit firm for three-year external audit engagement covering financial statements, income tax, and sales tax compliance. This is a recurring, medium-scale government contract with 18-month runway post-closing. Competition likely limited to SBP-listed firms; margins depend heavily on audit scope complexity and staff deployment across three fiscal years. The PKR 10,000 document fee is a gating mechanism; budget detailed cost allocation across year-on-year deliverables carefully.

Who can bid: Bidders must be audit firms registered with State Bank of Pakistan in Category 'A'. SECP registration typical for professional firms; NTN mandatory. Firms rejected at prior RUDA evaluations and their direct affiliates are barred. No SME exemption mentioned; large/medium audit houses favored.