Professional Internal Audit Services for Bangladesh Resilient Infrastructure Project

Government of the People’s Republic of Bangladesh Local Government Engineering Department Resilient Infrastructure for Adaptation and Vulnerability Reduction (RIVER) Project Workshop Bhaban (Level-3), Agargaon, Sher-e-Bangla Nagar, Dhaka-1207. www.lged.gov.bd Memo No.

46.02.0000.670.07.003.23.483 Date: ---- REQUEST FOR EXPRESSIONS OF INTEREST (REOI) ( CONSULTING SERVICES FOR PROFESSIONAL INTERNAL AUDIT FIRM [ NATIONAL-FIRM SELECTION ] Country: Bangladesh Name of Project: Resilient Infrastructure for Adaptation and Vulnerability Reduction (RIVER) Project Assignment Title: Consulting Services for Professional Internal Audit Services Reference No .

LGED/RIVER/21-22/SD-4 (Package No.) Credit No.: IDA-7167-BD 1. The People’s Republic of Bangladesh has received a credit from the International Development Association (IDA) of the World Bank Group toward the cost of the Resilient Infrastructure for Adaptation and Vulnerability Reduction (RIVER) Project and intends to apply part of the proceeds for the consulting services for Professional Internal Audit Firm. 2.

The main objective of Internal Audit is to add value and improve projects operations. It will help the project accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

The objective could be achieved by examining, evaluating and reporting on the adequacy of the projects control environment of individual audit assignments for the period. Based on this work, advice and recommendations will be made as necessary, as to how procedures can be improved to manage the risks faced in achieving project objectives. 3.

The detailed Terms of Reference (TOR) for the assignment can obtained at the following website: www.lged.gov.bd or can be obtained at the address given below. 4. The Local Government Engineering Department (LGED) now invites eligible consultancy firms (“Consultants”) to indicate their interest in providing Professional Internal Audit Consulting Services.

Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. The shortlisting criteria are: General Experience of the Firm (core business and years in business); Experience in similar assignments of compatible size, complexity and technical specialty in the required area.

Experience in development partner-financed contracts; Financial soundness; and Firm’s regular staffing resources with relevant expertise (extent of relevant expertise available among the staff who are on the firm’s regular payroll). However, CVs of individual staff will not be evaluated in the EOI/shortlisting stage and need not be submitted. 5.

Consultants are requested to submit at least the following supporting documents in support of the above-mentioned criteria: (a) The Firm's Incorporation/Trade/registration documents; (b) JV agreement/letter of intent (if applicable); (c) Firm’s brochure; (d) Audited financial reports for last 3 years showing, amongst others, current assets, current liability, profit & loss statement; (e) list of the firm’s regular staff with relevant expertise (CV is not required) (f) description of experience of similar assignments in Project Data Sheet (which shall include, amongst others, project & assignment name, contract amount, duration of the assignment, total person-months of the assignment, total person-months provided, name of the client with address, period of contract (date of contract signing to date of completion), funding agency(s), location/country of service, description of the project with components, services actually performed etc.) completed during the last 10 years.

6. The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank Procurement Regulations for IPF Borrowers (Fifth Edition, September 2023) (“Procurement Regulations”) setting forth the World Bank’s policy on conflict of interest. 7.

Consultants may associate with other Consultant to enhance their qualification and capabilities but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. The qualifications of sub-consultants will not be considered in the EOI evaluation and Shortlisting process.

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, and it is preferable to limit the maximum number of JV partners to 02 (two) including the Lead Firm.

In the case of an association (JV or Sub-consultancy), the Consultants is required to describe in the EOI submission (a) the rationale for forming the association and (b) the anticipated role of each member of the Joint Venture and/or of each sub-consultant for carrying out the assignment, to justify the proposed inclusion of the JV members and/or sub-consultants in the association. 8.

A Consultant will be selected in accordance with the Consultant Qualification Selection method set out in the Procurement Regulations. 9. Expressions of interest must be delivered in a written form to the address below in person, or by mail or by email by 15.00 local time (GMT+ 6 hours) on or before December 29, 2024 . In the case of hard copy, one original and two copies are required to be submitted.

Soft copy in pdf form of EOI is also required to be submitted. Further information can be obtained at the address given below during office hours from 09.00 to17.00 hours local time. 10. The soft copy of the same may be sent through email mentioned below.

Please note that, in case of submission through email, the Client shall not be responsible for the confidentiality of the submitted documents prior to the submission deadline. In this case, the Client shall not be responsible if the document/s sent by the Consultant are not accessible by the Client.

Please clearly mention “ Expression of Interest (EoI) for Consultancy Services for Professional Internal Audit Service (Package No: LGED/RIVER/21-22/SD4) under RIVER Project, LGED” in the email’s subject or on the top of the envelope in case of hard copy. (Mohammad Atikul Islam) Project Director, RIVER Project. Phone: +88-02-55006730 pd.lged.river@gmail.com .

Page 2 of 2 Agency: Local Government Engineering Department Procurement method: Consultant Qualification Selection Notice type: Request for Expression of Interest Status: Published Value: 46800.0 USD