Invitation for Request for Expressions of Interest    Status:Approved

GOVERNMENT OF THE PEOPLE'S REPUBLIC OF BANGLADESH

Ministry/Division : Ministry of Finance
Agency : Bangladesh House Building Finance Corporation
Procuring Entity Name : Project Director, Rural and Peri-Urban Housing Finance Project-Second Phase
Procuring Entity Code : N/A
Procuring Entity District : Dhaka
Expression of Interest for Selection of : Consulting Firm (National)  (Time-Based)
Title Of Service : Selection of Consultants for financial Auditing Services under Rural and Peri-Urban Housing Finance Project-Second Phase.
EOI Ref. No. : HB/HO/FFPU/IsDB/ Project Auditor 2nd phasw/03/07
Date : 01/07/2024

KEY INFORMATION

Procurement Sub-Method : Least Cost Selection(LCS)

FUNDING INFORMATION

Budget and Source of Funds : Development Budget Grant/Credit
Development Partners : The Islamic Development Bank(IsDB)

PARTICULAR INFORMATION

Project/Programme Name : Rural and Peri-Urban Housing Finance Project-Second Phase
EOI Closing Date and Time : 18/07/2024 2.00 pm
Publication Date : 03/07/2024

INFORMATION FOR APPLICANT

Brief Description of Assignment : • The Government of the People’s Republic of Bangladesh has applied for financing from the Islamic Development Bank toward the cost of the Rural and Peri-Urban Housing Finance Project-Second Phase, and intends to apply part of the proceeds for consultant services. • The services include carrying out audit of the project in accordance with the International Standards on Auditing (ISA) issued by the International Federation of Accountants (IFAC), having regard to relevant financing agreements and IsDB’s particular reporting and procurement requirements. The audit covers the financial transactions of the project period from 01.07.2024 to 30.06.2029. The assignment is expected to be commenced in September, 2024. The estimated 20 person-months are expected to be required for this assignment. • The detailed Terms of Reference (TOR) for the assignment can be found at the following website: www.bhbfc.gov.bd
Experience, Resources and Delivery Capacity Required : • The Bangladesh House Building Finance Corporation (BHBFC) as Executing Agency now invites eligible consulting firms (“Consultants”) to indicate their interest in providing the services. Interested Consultants must provide specific information which demonstrates that they are fully qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.). • The short listing criteria are as below: i. The Consulting Firm should be eligible as per eligibility requirements contained in the IsDB’s Guideline for the Procurement of Consultancy Services under IsDB Project Financing, April-2019 version, revised in February-2023; ii. Must have a good reputation as a professional body and knowledge on financial management and audit requirements of IsDB and/or Multilateral Development Banks (MDBs) specifically preparation of audit report with at least one project funded by MDBs or any international organizations; iii. Must have at least 3 years specific experience on auditing in bank and financial institutions within last 10 years; iv. Must have technical and managerial capability of the firm and staff, number of full time professional staffs required as per ToR. However, Key Experts will not be evaluated at the short-listing stage. • The attention of interested Consultants is drawn to 1.12.1, and 1.12.2 paragraphs, Part 1, Chapter 1 (pages 15-16) of the IsDB’s Guidelines for Procurement of Consultancy Services under Islamic Development Bank Project Financing, April 2019 version, revised in February 2023 (the “Procurement Guidelines”), setting forth IsDB’s policy on conflict of interest. • Consultants may associate with other firms to enhance their qualifications, but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected. • An auditing consultancy firm will be selected from a short list of local/domestic companies based on the Least-Cost selection method set out in the Procurement Guidelines.
Other Details (if applicable) : • Interested consultants may obtain further information at the address below during office hours 10:00 AM to 05:00 PM. • Expressions of interest (EOIs) must be delivered in a written form to the address below (in person, or by mail) by no later than 02:00 PM on 18 July, 2024. Both the hard copy as well as electronic version of EOIs will be acceptable.
Association with foreign firms is : Not Applicable
Eoi Detail Information
Ref No Phasing Of Services Location Start Date Completion Date
1 NA Dhaka

PROCURING ENTITY DETAILS

Name of Official Inviting EOI : Mohammed Nazrul Islam
Designation of Official Inviting EOI : project Director
Address of Official Inviting EOI : Rural and Peri-Urban Housing Finance Project-Second Phase, Bangladesh House Building Finance Corporation 22 Purana Paltan (7th floor)
Contact details of Official Inviting EOI : Phone : +88-02-47120610, Fax : , Email : bhbfc.project.pmu@gmail.com
The procuring entity reserves the right to accept or reject all tenders