(1) The firm must be registered with ICAB and possess a valid practicing certificate.
(2) The Engagement Partner nominated by the audit firm must be an FCA, while the Team Manager must be Partly Qualified. Furthermore, the Audit Engagement Team shall comprise at least six members.
(3) The firm shall submit documentary evidence in support of its eligibility and qualifications; including:
I) ICAB Registration and Valid Practicing Certificate,
II) Evidence of Enlistment with FRC, Bangladesh Bank and BSEC,
III) Firm Profile along with Brochure summarizing its key facilities and areas of expertise,
IV) List of Key Professionals and their Qualifications and Experiences in similar working conditions,
V) List of Similar Assignments completed during the last Five (5) years along with supporting Documents,
VI) Updated Trade License (If any), TIN and BIN Certificates, Income Tax Certificate along with Tax Return Acknowledgment Receipt for the latest Assessment Year,
VII) Audit Report of the Firm of last 03 (Three) Fiscal Years,
VIII) Bank Solvency Certificate along with Bank Statement from 01/07/2025 to 30/06/2026.
(4) All Certificates of Experience from the clients shall be in client’s letterhead indicating address, telephone numbers and e-mail of the clients and shall include name of the assignment, duration of service and contract amount.
(5) The firm shall not have any Conflict of Interest in relation to this assignment and shall provide a declaration to that effect.
(6) Black Listed firms from FRC, Bangladesh Bank and BSEC are strongly discouraged to apply.
 

The main objective is to engage a qualified and reputed Chartered Accountants (CA) firm as Statutory Auditor to obtain an independent professional opinion on the financial statements of the Company for the fiscal year ending June 30, 2027. The consultant must certify whether the financial statements present a "true and fair view" of the company’s financial state, operations, and cash flows, in conformity with:

• International Financial Reporting Standards (IFRS) and Bangladesh Financial Reporting Standards (BFRS).
• The Companies Act, 1994 (and its amendments).
• The Financial Reporting Act, 2015.
• Relevant guidelines from Petrobangla, BERC (Bangladesh Energy Regulatory Commission), and national tax regulations.

(1) The firm shall have at least ten (10) years of practicing experience in providing statutory audit service.
(2) The firm shall have experience in conducting statutory external audits of at least three (3) large organizations during the last Five (5) years, preferably including State-Owned Entities (SOEs) and Autonomous Bodies; where at least two (2) entity within the Energy & Mineral Resources sector.
(3) The firm shall demonstrate adequate organizational and staffing capacity to undertake the assignment, including the availability of qualified professional personnel.

(4) The interested firm shall provide information demonstrating its organizational and logistical capacity, including- Adequate office facilities and administrative support; Availability of computer hardware, licensed software, and audit tools; Availability of secure data management and communication systems; Sufficient professional and support staff to conduct the assignment efficiently; and Capacity to deploy audit teams simultaneously at multiple locations, if required.
 

(1) The entire process—from Request for Expression of Interest (REOI) to Request for Proposal (RFP) and final contract signing—will be executed digitally via the central e-GP Portal.

(2) Shortlisting will be carried out in accordance with the Public Procurement Act, Public Procurement Rules and Standard REOI.

(3) Detailed TOR and RFP will be issued only to shortlisted firms.