Tender Details
Description / Scope of Work
Peshawar Electric Supply Company (PESCO) invites proposals for the appointment of statutory auditors and chartered accountants to conduct the financial audit for the financial year 2026-27. This is a consultancy services procurement on a national basis under a single-stage one-envelope bidding process. The engagement covers audit services for PESCO, a key utility provider in Khyber Pakhtunkhwa province, with offices headquartered in Peshawar City. The scope includes comprehensive financial statement audits, compliance reviews, and related assurance services as detailed in the Terms of Reference. PESCO requires experienced audit firms capable of handling utility sector audits with appropriate regulatory compliance and professional standards.
Eligibility criteria require that bidders be registered with the State Bank of Pakistan or a relevant professional accounting body, holding current membership or accreditation in good standing. Chartered accountants or audit firms must possess valid professional licenses and demonstrate prior experience auditing organizations of comparable scale and complexity. Bidders must submit evidence of technical competence, professional indemnity insurance, and an integrity pact declaration. A bid security in the form specified in the notice must accompany all proposals to ensure compliance and serious intent.
Bid documents are available from the Material Management office at PESCO headquarters, Room 313, PESCO HQ, Peshawar City, Khyber Pakhtunkhwa, or may be requested via email at dm.mm@pesco.com.pk or telephone +92-347-117-7117. Sealed proposals must be submitted to the same address by the closing date of September 4, 2026. Bids will be opened on the same date following the prescribed procedure. All communications regarding this procurement should be directed to the Assistant Procurement Officer at the contact details provided.
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Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
PESCO seeks appointment of statutory auditors for FY 2026-27 via national competitive bidding.
This is a recurring annual engagement for a major provincial utility with significant operations across Khyber Pakhtunkhwa. The single-stage process means technical and financial proposals are evaluated together, reducing timeline but requiring submissions to be complete and compliant on first attempt. Firms must hold current Pakistani accounting body registration and demonstrate utility sector audit experience. The contract likely spans twelve months of audit work plus reporting.
Who can bid: Bidders must be chartered accountants or audit firms registered with the State Bank of Pakistan or equivalent professional body with current membership in good standing. Possession of valid professional licenses and prior experience auditing comparable organizations is required. Typically for such engagements, NTN registration and professional liability insurance are also mandated.