Eskan Bank is seeking proposals to appoint an External Auditor to provide assurance services for the Bank and its subsidiary for a period of 3 years, starting with the financial year of 2026.
The main purpose of this RFP is to address the requirement for external assurance services of Eskan Bank and its subsidiary namely: Eskan Properties Company B.S.C Closed (“EPC”) (fully owned by Eskan Bank), the principal activity of the Company is to develop and manage projects for development of properties on behalf of Eskan Bank B.S.C (c) (the "Parent"), MOHUP and third parties, and facility management to MOHUP.
Mandatory requirements:
The following shall be considered by the External Auditors:
As Arabic language is the official language for financing contracts and communication with the ministries, the team should have the capability to read and understand documents written in Arabic.
The External Auditor shall be familiar with the applicable local regulatory requirements related to the scope of the audits and other assignments mentioned in Section 3 of this RFP. And to prepare its engagement letter and perform its duties to meet the requirements in terms of scopes and deadlines.
Note:
This tender is a two-envelope tender, in which the technical envelope will be opened first, and the financial envelope will be opened later. The technical envelope must not include any prices from the financial proposal.