| Ministry/Division |
: |
Ministry of Energy, Power and Minearal Resources |
| Agency |
: |
Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) |
| Procuring Entity Name |
: |
General Manager, Administration Division, BAPEX |
| Procuring Entity Code |
: |
|
| Procuring Entity District |
: |
Dhaka |
| Expression of Interest for Selection of |
: |
Consulting Firm (National) (Lump-Sump) |
| Title Of Service |
: |
Chartered Accountant Firm(s) to Provide Consulting Services for the Physical Verification of Fixed Assets & Inventory, Valuation/Revaluation of fixed assets and Preparation of Fixed Assets Register of Bangladesh Petroleum Exploration and Production Company Limited. |
| EOI Ref. No. |
: |
BAPEX/Local Purchase/EOI-014/2022-2023, |
| Date |
: |
10/10/2022 |
KEY INFORMATION
|
| Procurement Sub-Method |
: |
Quality and Cost Based Selection(QCBS) |
FUNDING INFORMATION
|
| Budget and Source of Funds |
: |
Own Funds Own Funds |
| Development Partners |
: |
|
PARTICULAR INFORMATION
|
| Project/Programme Name |
: |
|
| EOI Closing Date and Time |
: |
24/10/2022 11.00 AM
|
| Publication Date |
: |
11/10/2022
|
INFORMATION FOR APPLICANT
|
| Brief Description of Assignment |
: |
The purpose of this consulting services is Physical Verification of Fixed Assets & Inventory, Valuation/Revaluation of fixed assets and Preparation of Fixed Assets Register.
The scope of services of the firm will be as follows:
a) Physical inspection and verification of Land & Land Development, Plant & Machineries, Building and all other Fixed assets.
b) Physical inspection and verification and valuation of Inventories in all locations of BAPEX
c) Assess the condition and useful life of the various Land & Land Development, Plant & Machineries, Building and other Fixed Assets.
d) Determine the fair value of the Land & Land Development, Plant & Machineries, Building and all other Fixed Assets based on Guidelines for the revaluation of assets and liabilities of state-owned companies issued by Ministry of Finance (MOF), BSEC valuation guidelines, International Valuation Standards (IVS) and Relevant International Financial Reporting Standards (IFRS) valuation guidelines as adopted by The Institute of Chartered Accountants of Bangladesh (ICAB);
e) Classification of Fixed Assets.
f) Preparation of Fixed Asset Register.
g) Coding and Tagging of Fixed Assets.
h) Identify revaluation gain/losses of specific assets & total.
i) Any other task necessary to perform the physical Verification, valuation and assets register reparation services.
j) After completing the verification, valuation, revaluation, and fixed assets register audit firm have to prepare a complete set of financial statement considering all these loss and profit.
|
| Experience, Resources and Delivery Capacity Required |
: |
l) The Firms shall have to be enlisted Valuer Chartered Accountant Firms of Bangladesh Securities and Exchange Commission (BSEC).
2) The Firms shall have to be in business for minimum 15 Years.
3) The Firms shall have minimum one (01) experience in valuation and verification of assets and inventory during last 05 years.
4) The Firms shall have a minimum of one (01) experience in physical verification and valuation of assets and inventory during last 05 years.
5) The Firms shall have a minimum of one (01) experience in physical verification and valuation of assets and inventory of the power & energy sector during last 05 years.
6) The Firms shall have separate valuation/Consultancy team.
7) The Firms shall have affiliation/membership with international reputed firms.
8) The consulting firm(s) shall have requisite number of appropriate and experienced key professionals like Graduate Engineers (Computer/Electrical/Mechanical/ Civil)/Cost Accountant/valuer/surveyor etc to carry out the proposed consultancy and valuation services. A list of key professionals and their signed CVs with photograph, Brochures, description of related assignments and experience in similar working conditions should be submitted.
9) Only enlisted valuer Firm(s) of Bangladesh Securities & Exchange Commission (BSEC) or any JVCA with a BSEC enlisted firm can participate in this process. As per BSEC Guideline, the External Auditor of BAPEX is not eligible to participate in this EOI.
10)All certificates of experience from the clients shall be in client's letterhead indicating address, telephone & fax numbers and e-mail of the clients and shall include name of the project, location, description of work, duration of the service and contract amount.
11) The consulting firm(s) shall submit the Audit report for last 03 years 2019 to 2021).
12) The firm shall submit a Bank statement as on 30/09/2022.
|
| Other Details (if applicable) |
: |
1) A Shortlist of Consulting Firm(s) will be prepared upon evaluation of EOI proposals of the eligible applicants and “Request for Proposal” document will be issued in their favor.
2) While indicating information relating to experience of the firm in similar task, it shall be made clear whether responsibility of the firm was in capacity of a principal firm (lead partner) or as an associated firm (sub-consultant/JV partner).
|
| Association with foreign firms is |
: |
Encouraged |
| Eoi Detail Information |
|---|
| Ref No |
Phasing Of Services |
Location |
Start Date |
Completion Date |
| BAPEX/Local Purchase/EOI-014/2022-2023, |
Physical Verification of Fixed Assets & Inventory, Valuation/Revaluation of fixed assets and Preparation of Fixed Assets Register of Bangladesh Petroleum Exploration and Production Company Limited. |
Dhaka Head Office, Chattogram Offince and any other fields In Bangladesh. |
September 2022 |
June 2023 |
|
PROCURING ENTITY DETAILS
|
| Name of Official Inviting EOI |
: |
Mohammad Abul Bashar |
| Designation of Official Inviting EOI |
: |
General Manager (Admin) |
| Address of Official Inviting EOI |
: |
BAPEX Babhan (Level-5), 4, Kawran Bazar C/A, Dhaka-1215 |
| Contact details of Official Inviting EOI |
: |
Phone : Tel:02-55011774, , Fax : , Email : gmadmin@bapex.com.bd, localpurchase@bapex.com.bd |
| The procuring entity reserves the right to accept or reject all tenders |
