RFQ-Audit Firm

Ipas Nepal, an international non-governmental organization based in Nepal focused on reproductive health services and rights, is issuing a Request for Quotation (RFQ) for comprehensive statutory audit services. The procurement seeks qualified audit firms to conduct a detailed audit of Ipas Nepal's operations for the fiscal year ended June 30, 2026, with an additional audit date of July 16, 2026. The scope of work encompasses a thorough review of financial transactions, financial practices, procurement processes, human resources, program implementation, internal policies, and compliance with donor and regulatory requirements for an organization with approximately USD 1,100,000 in annual financial turnover, ten partner NGOs, and twenty employees. Deliverables include complete financial statements with audit opinions on basic financial statements, statements of financial position, activities and changes in net assets, cash flows, and comprehensive notes; a management letter addressing internal control deficiencies, related party transactions, significant risks of material misstatement, instances of noncompliance with laws and regulations, and corrected and uncorrected misstatements; and draft audit reports due by August 15, 2026, with final reports due by August 31, 2026. Required qualifications include documented client engagements with international non-governmental organizations during the past three fiscal years (2022/23, 2023/24, and 2024/25) for both statutory and internal audit work, along with a qualified audit team including a principal auditor and key personnel with relevant experience and capacity to handle similar assignments. The technical proposal must include company profile, reference letters, and detailed curricula vitae of audit team members, while the financial proposal should be submitted on an all-inclusive lump sum basis covering all phases of work from planning through final deliverables, with field travel costs to be reimbursed separately. Proposals must be submitted via the Ipas procurement platform by Sunday, March 29, 2026, with the contract term running from May 1, 2026, through October 17, 2026.

The RFQ contains no indicated set-aside designations or restrictions limiting responses to specific organization types or disadvantaged enterprises; any qualified audit firm meeting the stated experience and qualification requirements is eligible to submit proposals. No incumbent vendors or current contractors are identified in the procurement documents, nor are there any references to existing infrastructure or technology requiring integration. The procurement documents do not specify an award value or budget range, though Ipas Nepal will cover all ground transportation, air travel to field sites and partner organizations, hotel accommodations at Ipas Nepal rates, airport transfers, and per diem according to Ipas Nepal travel policy, with payment for audit services rendered following submission of invoices and supporting documentation with the Finance Manager's recommendation, subject to applicable tax withholding and transfer to the local tax office.