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Financial Audit Services Awarded for Panama's Public Financial Management System

Contract Award Project: P180872-Consolidation of the Panama Public Financial Management Information System Loan/Credit/TF Info: IBRD-96090 Bid/Contract Reference No: PA-MEF-438428-CS-LCS Procurement Method: LCS-Least Cost Selection Scope of Contract: Auditoría Financiera del Programa Notice Version No: 0 Date Notificat…

Source ID: WB-OP00417358

Estimated value

$60,000

As published by the source; may be updated by the buyer.

Scope overview

Contract Award Project: P180872-Consolidation of the Panama Public Financial Management Information System Loan/Credit/TF Info: IBRD-96090 Bid/Contract Reference No: PA-MEF-438428-CS-LCS Procurement Method: LCS-Least Cost Selection Scope of Contract: Auditoría Financiera del Programa Notice Version No: 0 Date Notification of Award Issued (YYYY/MM/DD) 2025/12/05 Duration of Contract 3 Year(s) Minimum Qualifying Score 80 Awarded Firm(s): BDO AUDIT,S.A.

(903121) BDO, piso 30, Edificio F&F, calle 50, corregimiento de San Francisco Country: Panama Registry ID: 22464-248-201029 Scores Technical: 80.42 Methodology: 28.5 Key Personnel: 51.92 Financial: 100 Combined: 100 Rank: 1 Final Evaluation Price USD 50000.00 Signed Contract Price USD 50000.00 Price: Currency: Amount: United States Dollars (United States Dollars) 50000.00 Rejected Firm(s): ERNST & YOUNG LIMITED CORP.

(903146) Country: Panama Final Evaluation Price Reason for Rejection Failure to meet minimum technical score Price: Currency: Amount: Agency: Ministerio de Economía y Finanzas Procurement method: Least Cost Selection Notice type: Contract Award Status: Published Value: 60000.0 USD

Statusopen
CategoryConsultant Services
CountryPanama
Publish dateDec 22, 2025
Submission deadlineDec 22, 2025
Estimated value$60,000
Notice typeaward_notice
Sourceworld-bank-global
BuyerMinisterio de Economía y Finanzas
Buyer websitehttps://projects.worldbank.org/
City

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OrganizationMinisterio de Economía y Finanzas

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  • Panama - LATIN AMERICA AND CARIBBEAN- P180872- Consolidation of the Panama Public Financial Management Information System - Procurement Plan

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  • Panama - LATIN AMERICA AND CARIBBEAN- P180872- Consolidation of the Panama Public Financial Management Information System - Procurement Plan

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Tags & Signals

financial auditpublic financial managementPanamacontract awardBDO Auditleast cost selectiongovernment procurementaudit services

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