Tender Details
Description / Scope of Work
National Power Parks Management Company (Pvt.) Limited, operating under the Ministry of Energy (Power Division), Government of Pakistan, invites proposals for the provision of External Audit Services for a three-year period covering FY 2026-2027, FY 2027-2028, and FY 2028-2029. The audit services are required for the Company's operations based in Lahore, Punjab. The engagement will be executed on a Quality and Cost Based Method of Selection of Consultants in accordance with the Procurement of Consultancy Services Regulations, 2010. This is a recurring annual engagement spanning a multi-year contract period.
Eligible bidders must be shortlisted audit firms with demonstrated experience in external audit services. The selection methodology emphasizes both technical quality and financial competitiveness, meaning firms should present comprehensive audit methodologies alongside competitive fee structures. Bidders are required to comply with all regulatory requirements for audit service providers in Pakistan.
Proposals comprising both Technical and Financial components must be submitted by 24 September 2026 at 11:00 AM to the Company's address at 2nd Floor Malik Plaza, 7-C-1, Gulberg III, Lahore. Proposals will be opened and evaluated according to the schedule, criteria, and timelines specified in the RFP document. For further information, contact the General Manager (Admin & HR) at the Company's offices in Lahore, telephone 04235759276.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
This is a three-year external audit contract for a government-owned power sector entity.
The engagement covers full financial audit services and is being procured through formal RFP under QCBS methodology, indicating substantial scope and professional standards. The short proposal submission window (6 days from 18 September to 24 September 2026) suggests urgency. Multi-year contract terms offer service continuity but require sustained resource allocation and compliance with evolving regulatory requirements.
Who can bid: Bidders must be shortlisted audit firms with prior experience in external audit services. Typically, eligible firms must be registered with the State Bank of Pakistan or equivalent regulatory body, hold valid practicing certificates from professional audit bodies such as ICAP (Institute of Chartered Accountants of Pakistan), possess NTN and SECP registration, and demonstrate prior relevant experience with public or large private sector entities.