Financial Audit Services for Uzbekistan Water Utility Company

REQUEST FOR EXPRESSIONS OF INTEREST Country: The Republic of Uzbekistan Loan №: TFB2646 Project: Water Services and Institutional Support (WASIS) Project funded by the International Development Association Assignment Title: Audits of the annual consolidated financial statements of JSC “Uzsuvtaminot”, prepared in accordance with IFRS Reference №: WASIS-RFQ-IFRS Date of Publication 09 February 2026 On 17th May 2021, the Republic of Uzbekistan and the International Development Association (IDA) signed a financing agreement for a total amount of USD 239,0 million, and a grant agreement with the State Secretariat for Economic Affairs of the Swiss Confederation (SECO) for USD 7,8 million to finance the “Water Services and Institutional Support” (WASIS) Project. The consulting services (“the Services”) include Consolidated Financial Statements based on IFRS. Objective: The objective of the external audit of the annual consolidated financial statements of the JSC “Uzsuvtaminot” Group, prepared in accordance with IFRS, is to enable independent auditors to express an objective opinion on whether the financial statements present fairly, in all material respects, the consolidated financial position of the JSC “Uzsuvtaminot” Group, its consolidated financial performance and consolidated cash flows for the reporting year in accordance with IFRS, as well as to enable the Client and the shareholders of the JSC “Uzsuvtaminot” Group to use the audit results in making management decisions. Throughout the process, the Consultant should work under the guidance of "Uzsuvtaminot" JSC in close cooperation with advisors and other consultants of "Uzsuvtaminot" JSC. The main objective of this assignment is Audit services for the annual audit of the accounting (financial) statements of a joint-stock company, taking into account its organizational structure. The duration of this consulting assignment overall be 9 months and period of the contract 12-18 months. The consulting services are expected to start in March 2026. The implementation progress above might change based on the actual conditions, and the actual input of time will be determined by the clients and WB based on the actual conditions of the Project. The contract may be extended upon justified demand, demonstration of satisfactory performance by the firm and interest between the parties, until the closing date of the Project. The estimated level of effort for these Consulting Services is estimated to be in the range of USD 0.48 million. The Terms of Reference of this assignment are available on request by emailing the PMU at wasis@uzsuv.uz Uzsuvtaminot JSC as the Implementing Agency now invites eligible consulting firms (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. Expression of interest should cover, but not limited to: corporate profile, years in business, experience relevant to the project activities, key staff resources, and core business. Consultants may associate with other firms in the form of a joint venture or a sub consultancy to enhance their qualifications. In case of a Joint Venture (JV), all members of the JV will be evaluated jointly for the purpose of short listing and shall be jointly and severally liable for the assignment and shall sign the contract in case of award is made to that JV group. Interested consultants should clearly indicate the structure of their “association” and the duties of the partners and sub consultants in their application. Unclear expression of interests in terms of “in association with” and/or “in affiliation with” and etc. may not be considered for short listing. Keeping one expression of interest per firm as principle, a consultant firm may decide whether it wishes to participate as a sub consultant or as an individual consultant or as a partner in a joint venture. Please note that a firm shall submit only one EOI in the same selection process either individually as a consultant or as a partner in a joint venture. No firm can be a sub consultant while submitting an EOI individually or as a partner of a joint venture in the same selection process. A firm, if acting in the capacity of sub consultant in any consultant or JV, may participate in more than one consultant, but only in the capacity of a sub consultant. The experience of sub-consultant will not be considered while short-listing. The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” dated July 2016, revised November 2017 and August 2018 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Least Cost Selection (LQS) method set out in the Procurement Regulations. Shortlisting Criteria: The consultant must have the following demonstrated experience:

• General Experience: Proven track record as a leading consulting firm in conducting of audits of the annual consolidated financial statements of Entities, prepared in accordance with IFRS over the past ten (10) years;
• Specific Experience: Successful implementation of at least one (1) consultancy assignments within the last seven (7) years, each with a contract value of no less than

$0.3 million , focused on core areas of this TOR. These include:

• Audit reviews of annual consolidated financial statements of enterprises prepared in accordance with IFRS.
• IFI Experience: Demonstrable experience of successfully completed assignments in similar contexts) on water supply and sanitation projects funded by International Financial Institutions (IFIs) over the past ten (10) years.

Submitted documentation should also demonstrate knowledge and experience with international and country-specific building codes and regulations and world bank procurement regulations. As part of the EOI, the consultant should include the following information:

• Consulting Firm Information

Date: Country of Incorporation: Consultant Name: Acronym: EOI Submission Authorized by: Position:

• Associations (Joint Venture or Sub-consultancy)

Consultant Acronym Country of Incorporation Joint Venture (JV) or Sub-consultant EOI Submission Authorized By Position Present the rationale for and benefits of working in association (JV or Sub-consultant) with others rather than undertaking the assignment independently (as appropriate). Describe the proposed management and coordination approach of the association and the role of each firm .

• Technical competence

Project References - highlight the technical qualifications of your entity/consortium in undertaking similar assignments. Provide details of past experiences working with similar project authorities

• Management Competence
• Describe standard policies, procedures, and practices that your entity has to assure quality interaction with clients and outputs. Please state if your company is ISO certified.
• How your firm/consortium handles complaints concerning the performance of experts or quality of the reports submitted for previous and future assignments? What internal controls are in place to address and resolve complaints.
• How you ensure the quality of your firm’s/consortium’s performance over the life of assignments.
• Projects references

Present relevant projects to demonstrate the firm’s technical qualifications and geographical experience. N Project Period Client Country Firm 1 2 3 ….

• Summary for the Projects listed above

Project Title Country / Region Start Date Completion Date Continuous / Intermittent Client Funding Source Description (indicate your role and input in man-months)

• Confirmation Check-list

We, the undersigned, certify to the best of our knowledge and belief:

• We have read the advertisement, including the terms of reference (TOR), for this assignment (YES/NO)
• Neither the consulting firm nor its JV member or sub-consultant or any of its experts prepared the TOR for this activity (YES/NO)
• We confirm that the project references submitted as part of this EOI accurately reflect the experience of the specified firm/consortium. (YES/NO)
• Ensuing assignment resulting from our work product under this assignment, our firm, JV member or sub-consultant, and the expert(s) will be disqualified from short-listing and participation in the assignment.
• The lead entity and JV member or sub-consultant are NOT currently sanctioned by or other IFIs. Neither the consulting firm nor the JV member or sub-consultant has ever been convicted of an integrity-related offense or crime related to theft, corruption, fraud, collusion or coercion.

Note: the PMU of WB reserves it’s right to verify submitted references and use obtained information for shortlisting evaluation purposes. Consultants are strongly encouraged to limit their Expression of Interest to 30 pages. Company brochures may be included as an annex, and it will not be affected by the limit of 30 pages. Expression of interest must be delivered before 16:00 on March 09, 2026 (Tashkent time) to the address below. Late submissions are not accepted. Submission of information should be in English language. Further information can be obtained at the address below during office hours from 9:00 to 17:00 hours Tashkent time. Project Management Unit under JSC “Uzsuvtaminot” Attention: Mr. Shavkat Norkobulov, Director of WB PMU Address: 159 А , Bog’ishamol street, Yunusabad district Place: Project office of JSC “Uzsuvtaminot” City: Tashkent city ZIP Code: 100033 Country: Republic of Uzbekistan Telephone: +99855 503 60 15 (256) Electronic mail address: wasis@uzsuv.uz Agency: "UZSUVTAMINOTI" JSC Procurement method: Least Cost Selection Notice type: Request for Expression of Interest Status: Published Value: 480000.0 USD