Bangladesh Public Procurement Authority (BPPA) signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Bangladesh (ICAB) on Document Verification System (DVS) on 16 May 2024 at CA Bhaban in Dhaka.

The objective of this MoU is to provide access of the online Document Verification System (DVS) to BPPA to verify audited financial statements submitted by registered tenderers in the electronic Government Procurement (e­GP) System. This collaboration will bring financial discipline in public procurement system of the country.

BPPA Chief Executive Officer Mr. Md Shoheler Rahman Chowdhury and ICAB CEO Shubhashish Bose signed the MoU. Officials of BPPA and ICAB, including COO Mahbub Ahmed Siddique FCA, were present at the event.

Mr. Md Shoheler Rahman Chowdhury in his remarks said that the e-GP system is integrated with NID, iBASS++ and e-PMIS. “Now we are integrating our e-GP system with this DVS for ensuring greater transparency in public procurement process. This will contribute to good governance in public investment, and also help increase revenue and GDP.”

He said the user of this DVS are the procuring entities (PEs) across the country. BPPA will issue a circular in this regard to all PEs soon.

ICAB President Mohammed Forkan Uddin FCA, Vice President MBM Lutful Hadee FCA, Vice President Maria Howlader FCA, immediate past president and council member Md Moniruzzaman FCA, past president and council member Mohammad Farooq FCA, Council Member Sidhartha Barua FCA, Council Member Md Yasin Miah FCA and CEO Shubhashish Bose FCA also spoke at the ceremony.

Director of BPPA, Mr Md Harun Or Rashid, Senior System Analyst Mr. Md Mosharraf Hussain, Team Leader, EOM, e-GP Mr. Nazmul Islam Bhuiyan and Senior Communication Consultant of DIMAPP, BPPA Mr. Md Shafiul Alam were also present in the programme.

Under this MoU, ICAB will provide necessary assistance in verifying the authenticity of the audited financial reports filed in the e-GP system by tenderers for compliance with the provisions of PPA-2006 and PPR-2008.

BPPA will use DVS to verify whether the audit report and audited financial statements submitted by the registered tenderers/suppliers in the e-GP system have been certified by ICAB's Certificate of Practice (CoP) holder Chartered Accountants.