PATH Ethiopia invites qualified audit firms to submit proposals for External Audit Services for PATH Ethiopia annual financial statements (RFP#2026-ETHIOPIA).

Tender Notice 

1. Key Solicitation Details

• Tendering Organization: Program for Appropriate Technology in Health (PATH) Ethiopia
• RFP Reference Number: RFP#2026-ETHIOPIA
• Subject: External Audit Services for PATH Ethiopia annual financial statements
• Contract Duration: 36 months covering audit years 2026, 2027, and 2028 (with an option for extension subject to performance, continued need, funding availability, and donor approval)

2. Tender Schedule & Deadlines

• RFP Release Date: November 13, 2026
• Deadline for Fact-Finding Questions: November 22, 2026
• PATH Response to Questions: November 29, 2026
• Deadline for Proposal Submission: December 5, 2026
• Confirmation of Intent to Respond: December 5, 2026
• Presentation & Q&A Session (Shortlisted Bidders): December 12, 2026
• Outcome Communication: December 19, 2026
• Award Decision & Negotiations: December 26, 2026

3. Minimum Eligibility & Qualification Requirements

To be shortlisted and technically evaluated, auditing firms must meet the following mandatory criteria:

• Must have a physical address in Ethiopia.
• Must be registered with the Accounting and Auditing Board of Ethiopia (AABE), and partners must hold current Practicing Certificates.
• Must have at least two partners who are in good standing with AABE and are full-time practitioners.
• Must have been in operation for not less than ten years (alternatively, the lead audit partner must have been in continuous practice for at least ten years).
• Must have at least three Non-Profit Organizations of comparable size to PATH among their clientele.
• Must provide current Tax Compliance, Tax Identification Number (TIN), and Value Added Tax (VAT) certificates.
• Evidence of having satisfactorily undergone a Quality Assurance Review by AABE is an added advantage.

4. Scope of Work & Deliverables

• Accounting Framework: Financial statements are prepared in accordance with International Public Sector Accounting Standards (IPSAS).
• Audit Standards: Conducted in accordance with International Standards on Auditing (ISA), AABE guidelines, and relevant statutory requirements.
• Key Tasks:
  • Perform an independent statutory audit of operations from the PATH Ethiopia office (Eagle Plaza, 7th Floor, Roosevelt Street, Addis Ababa).
  • Issue an ISA 700 audit opinion on the truth and fairness of the financial statements.
  • Review and evaluate internal control systems, risk management, governance, and compliance.
  • Commence fieldwork within 5 days of notice that books are ready, and complete final deliverables within 21 working days.
• Deliverables:
  • Independent auditor’s report containing an ISA 700 opinion.
  • A comprehensive Management Letter addressing internal control deficiencies, recommendations, implementation status of prior-period recommendations, statutory compliance, and sustainability matters.

5. Evaluation Criteria & Weighting

Proposals are evaluated through a multi-stage process (completeness check, qualification screening, and detailed technical/financial assessment) based on a 100% weighting system:

• Experience, Methodology, and Approach (40%): Includes evidence of 5 similar audit engagements in the past 36 months, understanding of NPOs and single audits, and comprehensive work plans.
• Audit Team and Quality Assurance (30%): Proposed staffing model, expert roles, level of effort (days), and CVs confirming availability.
• Financial Offering (30%): Itemized cost breakdown (labor rates, reimbursable expenses, and applicable taxes) evaluated competitively against the lowest overall cost.

6. Submission Instructions

• Submission Email: All proposal documents must be emailed to [email protected] by the deadline.
• Email Subject Line: Must follow the format: [Bid Reference Number] - [Your Company Name].
• Proposal Validity: Must remain valid for at least 90 days following the submission deadline.

Tender details

• Deadline: 2026-12-05
• Bid closing time: 17:00
• Bid opening: 2026-12-05 17:00
• Bid opening (note): No Specific Opening Date and Time
• Region: Addis Ababa
• Publishing entity: PATH Ethiopia
• Buyer's registered address: Bole Medhanialem , MOENCO Road,50 Meter to the night from the main road/ Dashen Bank, MOENCO Branch, Street #03,711, Bole sub-city, Woreda 03, H.No.2317
• Published on: Qelal Tenders (Nov 14, 2026)
• Posted at: 2026-11-14T08:30:09.000Z
• Source: Qelal Tenders