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Country: Kyrgyz Republic

Project: Reconstruction of the Issyk-Kul Ring Road (Section from Korumdu to Balbay, km 104-184.5

Sector: Infrastructure/Transport

Mode of Financing: Loan

Financing No. KZG-1019


The Government of the Kyrgyz Republic has received financing from the Islamic Development Bank (IsDB) toward the cost of the Reconstruction of the Issyk-Kul Ring Road Project (Section from Korumdu to Balbay, km 104-184,5) and intends to apply part of the proceeds for payment against audit services contract.

The services include Audit of Project’s Financial Statement and Preparation of a Report covering a period of 2021, 2022, 2023, 2024 and 2025 fiscal years. Please refer to the General Procurement Notice for this Project that appeared on IsDB, UNDB Online and DGMarket websites, and in local newspapers and on website of the Beneficiary dated 14 August 2021.

The detailed Terms of Reference (TOR) for the assignment can be obtained at the address given below.

The Ministry of Transport and Communications of the Kyrgyz Republic now invites eligible audit firms to indicate their interest in providing the services who have experience in auditing, and preparation of audit reports funded by Multi-Development Banks, they must provide information indicating that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.).

The shortlisting criteria are:

  1. Eligible consultant as per IsDB’s eligibility requirement (i. 1.14-1.22)
  2. The Consultant has a good reputation as a professional body and at least 5 years’ experience in auditing, specifically preparation of audit report for at least one project funded by Multilateral Development Banks or any international organizations.
  3. Consultant shall be free from conflicts of interest that give rise to a competitive advantage.

The attention of interested Consultants is drawn to Paragraphs 1.23, and 1.24 of the Guidelines for the Procurement of Consultants under IsDB Project Financing setting forth policy on conflict of interest.

Consultants may associate with other firms to enhance their qualifications, but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected.

An auditor will be selected from a short list of local companies based on the Least Cost selection method in accordance with the Guidelines for the Procurement of Consultant Services under IsDB Project Financing (April 2019).

Interested consultants who wish to obtain further information may refer at the address below during office hours 09:00 to 17:00 hours (local time).

Expressions of interest must be delivered in a written from to the address below (in person, or by mail, or by fax, or by e-mail) by September 29, 2021 14:00 hrs local time.

Islamic Development Bank Investment Project Implementation Group

Ministry of Transport and Communications of the Kyrgyz Republic (MOTС IDB IPIG)

6th floor, room 611

42 Isanov Str.

720017, Bishkek, Kyrgyz Republic

Telephone: +996-312 31-43-88, 31-47-22

Fax: +996-312 31-43-88