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Tender Details
Description / Scope of Work
Karakoram International University (KIU), a public sector university established in 2002 and located in Gilgit-Baltistan, invites Expression of Interest (EOI) from well reputed Chartered Accountant Firms to audit its accounts for the financial year 2025-26. The audit will be conducted in accordance with Chapter VI Section 30 sub-section 6 of the University Order 2008. This is a professional services procurement for external financial audit of university accounts, essential for maintaining governance and regulatory compliance in Gilgit-Baltistan's higher education sector.
Interested firms must be well-established Chartered Accountant firms with demonstrated expertise in university or public sector audits. Bidders are required to submit their complete firm profile, relevant credentials, experience details, and a formal Letter of Interest to demonstrate their capability and interest in providing these audit services.
Firms must submit their complete profile and Letter of Interest to the Treasurer KIU latest by August 10, 2026. Shortlisted firms will be invited for presentation and further negotiations based on their submissions. Submissions should be directed to Nouman Butt, Treasurer KIU, Gilgit-Baltistan, either by phone at 05811-960024 or email at treasurer@kiu.edu.pk. The selection process will involve evaluation of submitted materials followed by presentations from shortlisted bidders.
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KIU seeks external audit services for FY 2025-26 via EOI process.
This is a professional services contract for a public sector university in Gilgit-Baltistan, likely annual or recurring. Qualified CA firms should emphasize public sector and higher education audit experience. The EOI approach suggests selection will be merit-based on firm credentials and presentation quality rather than competitive bidding. Deadline is August 10, 2026.
Who can bid: Only well-reputed Chartered Accountant firms are eligible. Firms must be registered with the Institute of Chartered Accountants of Pakistan (ICAP) and have demonstrable experience in auditing educational institutions or public sector organizations. Typically, such engagements require current audit practice certificates and clean compliance history.