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Private Power and Infrastructure Board (PPIB) is an autonomous organization established under an act of parliament. PPIB provides one-window support to the power projects in the private sector and is implementing private power policies of the Government of Pakistan (GoP). Further, the Alternative Energy Development Board (AEDB) was an agency of the Federal Government established in May 2003 with the main objective to facilitate, promote and encourage development of Renewable Energy in Pakistan, and with a mission to introduce Alternative and Renewable Energies at an accelerated rate. On 10th June 2023, AEDB was merged into PPIB and has been a part of PPIB since that date.
2. PPIB invites proposals/sealed bids on single-stage two-envelope procedure basis from reputed Chartered Accountants firms to be appointed as its External Auditors for the Financial Year 2022-2023 in the following manner:
? Audit of AEDB from 1st July 2022 to 10th June 2023;
? Audit of PPIB for the year ended 30th June 2023 (as merged entity), along with the provision of extension for the next four (4) years upon satisfactory performance.
3. The interested firms may download detailed TORs (scope of work, evaluation criteria, and other terms & conditions) from PPIB website; (www.ppib.gov.pk) & PPRA website (www.ppra.org.pk) and send their proposals to the undersigned within fifteen (15) days of the publication of this advertisement. The proposals must be received at 03:00 PM on 14-06-2024 and Technical bids will be opened on the same day at 03:30 PM in the presence of the bidders or their representatives who wish to be present. PPIB reserves the right to accept or reject any or all bids in accordance with Rule 33 of Public Procurement Rules, 2004.
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