Announcements

REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES – FIRMS SELECTION): Project Audit

KYRGYZ REPUBLIC AIR QUALITY IMPROVEMENT PROJECT (AQIP)

KYRGYZ REPUBLIC RESILIENT AGRI-FOOD CLUSTERS DEVELOPMENT PROJECT (RACDP) 

KYRGYZ REPUBLIC DEVELOPING SUSTAINABLE FINANCE MARKETS FOR MSMES (DSFM4MSMES)

Assignment Title: Project Audit

Reference No. (as per Procurement Plan AQIP): AQIP-LCS-4.1

Reference No. (as per Procurement Plan RACDP): RACDP-AUDIT-LCS-3.1

Reference No. (as per Procurement Plan DSFM4MSMES): DSFMMSME - LCS-3.1 

The Kyrgyz Republic has received financing from the World Bank toward the cost of the Kyrgyz Republic Air Quality Improvement Project (AQIP), Resilient Agri-Food Clusters Development Project (RACDP), and Developing Sustainable Finance Markets for MSMES, and intends to apply part of the proceeds for consulting services for audit of the above-mentioned projects.

The consulting services (“the Services”) include an audit of the project financial statements (PFS) and the expression of a professional opinion on the project’s financial position for the periods: 2025, 2026, 2027, 2028, 2029, and 203,0 and for the periods indicated above of the income and expenditure for the accounting periods ending on those dates. The project’s books of account provide the basis for the preparation of the financial statements and are established to reflect the financial transactions in respect of the project.

The Ministry of Finance of the Kyrgyz Republic now invites eligible audit 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.

The shortlisting criteria are:

• The Auditor shall have proven capacity in the audit of projects, financed by the World Bank, and must be on the list of eligible audit firms of the World Bank
• The team proposed by the Auditor needs to be led by an Audit Partner-Team Leader with at least 7 years of relevant project working experience for the World Bank-funded projects.
• The Auditor needs to include in the team a Senior Auditor with at least 5 years of relevant audit and advisory experience for the World Bank-funded projects.
• The Auditor needs to include in the team the Auditor in charge with at least 4 years of relevant audit and advisory experience for the World Bank-funded projects.

The attention of interested Consultants is drawn to paragraph 3.14 and 3.21 of the Procurement Regulations for Investment Project Financing (IPF) Borrowers, September 2023, setting forth the World Bank’s policy on conflict of interest and eligibility.  

Consultants may submit their REOI as an individual firm or in association in the form of a joint venture or sub consultancy.  All the members of the joint venture shall be jointly and severally liable for the entire assignment. However, the experience of a sub-consultant will not be considered while short-listing. 

A Consultant will be selected in accordance with the Least-Cost Selection method set out in the Consultant Guidelines.

Further information can be obtained at the address below during office hours (from 9:00 to 18:00 hours) Monday through Friday, excluding national holidays.

Terms of reference

Expressions of interest must be delivered in a written form to the address below (by e-mail) in English by October 14, 2025, 17:00 local time KGT.

Interested Consultants are welcomed to provide their expression of interest and to add to their documentation a version in the Russian language. Failure to meet this requirement would not lead to rejection of the Consultant’s expression of interest.  

Ministry of Finance of the KR

Attn: Ms. Bermet Musakozhoeva, CLMU Director

Erkindik boul. 58A, Office #302

Bishkek, Kyrgyz Republic

Tel: +996 312 620357

        +996 312 666001

E-mail: office@piu.kg