Bangladesh Regional Connectivity Project 1: Internal Audit (2 Financial years)

NOTICE AT-A-GLANCE

Project ID: P154580

Project Title: Bangladesh Regional Connectivity Project 1

Country: Bangladesh

Notice No: OP00325442

Notice Type: Request for Expression of Interest

Notice Status: Published

Borrower Bid Reference: SD-50

Procurement Method: Fixed Budget Selection

Language of Notice: English

Submission Deadline Date/Time: Dec 17, 2024 14:00

Published Date: 27-Nov-2024

Description: Internal Audit (2 Financial years)

Details:

Government of the People’s Republic of Bangladesh

Ministry of Commerce

Bangladesh Regional Connectivity Project-1

Level-12 (West side), Probashi Kollayan Bhaban,

71-72 Eskaton Garden Road, Dhaka-1000

Memo No: 26.00.0000.066.07.054.24 -532 Date: November 26, 2024

Request for Expression of Interest for Selection of Internal Audit Firm

1. The Ministry of Commerce is implementing the Technical Assistance Part of IDA financed Bangladesh Regional Connectivity Project-1 [Part 2].

2. The Procuring Entity intends to apply a part of the IDA Credit for procuring services from an Internal Audit Firm under Package No.

SD-50. The Audit Firm shall fulfill the following requirements:

1. 1. The Audit Firm must be registered with the Institute of Chartered Accountants of Bangladesh and the Member/s shall have updated Practicing Certificate/s
   2. General Experience: The Audit Firm shall have at least 10 (Ten) years of experience in Internal Auditing/Independent Auditing of public/private sector organizations.
   3. Specific Experience: The Audit Firm shall have specific experience in working as an Internal Auditor at least in 3 (three) IDA financed projects.

3. The Scope of Services / Terms of Reference (TOR) of the Internal Audit Firm for the package is available in the office of the undersigned and also at www.mincom.gov.bd and http://brcp-1.gov.bd/ .

4. The interested Audit Firm must submit the following documents with its Expression of Interest:

1. 1. Firm / Company Registration Certificate, if any;
   2. Trade License, valid up to June 30, 2025,
   3. VAT Registration certificate;
   4. TIN Certificate and Latest Income Tax Payment Certificate/ evidence,
   5. Financial Statements for last three years,
   6. Bank Solvency Certificate,
   7. At least 3 (three) Consulting Service / audit completion certificates issued by 3 (three) different clients,
   8. Audit Firms partner’s / member’s updated Practicing Certificate/s.
   9. All supporting documents to prove that the Firm fulfills the requirements.

5. The Project Implementation Unit of BRCP-1, MoC on behalf of the Ministry of Commerce invites eligible audit firm to indicate their interest in providing the audit services. Interested audit firms must provide information indicating that they are qualified to perform the services. The attention of interested audit firms is drawn to paragraphs 3.14 to 3.18 of The World Bank Procurement Regulations for IPF Borrowers, Procurement in Investment Project Financing, Goods, Works, Non-Consulting and Consulting Services, July 2016 (“Procurement Regulations”), setting forth the World Bank Group’s policy on conflict of interest. An audit firm will be selected in accordance with the Fixed Budget Selection (National) method set out in the Procurement Regulations. Further information can be obtained at the address given below during office hours between 09:00 a.m. to 5:00 p.m. Expressions of Interest (EOI) must be delivered in written form - one original & one copy in sealed envelope to the address given below in person or by mail by 2:00 p.m. on December 17, 2024.

6. The Procuring Entity reserves the right to accept or reject any or all EOIs without assigning any reason, whatsoever.

(Shaila Yasmin) Joint Secretary, Ministry of Commerce and Project Director (Additional Charge), Bangladesh Regional Connectivity Project-1[Part-2] Phone: +8802- 55138022 E-mail: pdbrcp1moc@gmail.com

CONTACT INFORMATION

Organization/Department: Ministry of Commerce

Name: Shaila Yasmin

Address: Level-12 (West side), Probashi Kollayan Bhaban,

71-72 Eskaton Garden Road, Dhaka-1000

City:

Province/State:

Postal Code:

Country: Bangladesh

Phone: +8802- 55138022

Email: pdbrcp1moc@gmail.com

Website: