Internal Audit Services for Central Power Generation Company Limited FY 2025-26

Central Power Generation Company Limited (Genco-II), Guddu, Sindh invites sealed bids for the provision of internal audit services for the fiscal year 2025-26. The engagement encompasses conducting internal audits to ensure compliance with corporate governance standards and financial controls. The tender reference is CEO/CPGCL/CFO/Audit 2025-26/RFP-11, issued under single-stage two-envelope bidding procedures as per PPRA Rules. Interested participants are required to submit proposals on a single pad. Bidding documents are available for download from the PPRA website at www.ppra.org.pk. The estimated scope involves auditing the company's financial and operational activities for the specified fiscal period. The location of the project is Guddu, Sindh Province, where the company's operations are based.

Eligibility requirements mandate that firms must be ranked chartered accountants approved by a relevant corporate body with satisfactory conduct history, registration with ICAP, valid enrollment with FBR and provincial Tax Authority, and demonstrated prior experience in internal audit services. Participating firms should provide detailed profiles of their audit team members and previous audit assignments. The earnest money requirement is fixed at PKR 50,000 in the form of a call deposit/bank draft or bank guarantee (refundable), drawn in favor of Central Power Generation Company Limited. All proposals must comply with PPRA regulations and tender specifications.

Bidding documents are available for free download from the PPRA portal at www.ppra.org.pk. Tender documents were issued on 16 August 2026 at 14:00 hours. Proposals must be received and opened on 16 August 2026 at 14:30 hours respectively. The Chief Executive Officer, Genco-II, Guddu, may reject all bids or proposals at any time prior to acceptance as per PPRA Rules 33(1). Interested bidders should download tender documents promptly and ensure timely submission of their sealed proposals.

Central Power Generation Company Limited seeks internal audit services for FY 2025-26 via sealed competitive bidding. This is a professional services contract of medium scale involving comprehensive financial and operational audits for a state-owned generation utility. The tight closing timeline (same day as document issuance) suggests urgent requirement. Eligible bidders must be ICAP-ranked chartered accountants with documented prior audit experience. The modest PKR 50,000 bid security suggests competitive procurement standard for audit engagements. This appears to be an annual compliance engagement rather than a one-time consulting project.

Who can bid: Bidding firms must be chartered accountants ranked by ICAP with satisfactory conduct history, valid FBR and provincial Tax Authority registration, and prior internal audit experience. Bidders should demonstrate team qualifications and past audit assignments. Typically, audit service providers require ICAP membership, NTN registration, and documented compliance audit portfolio for government sector clients.