Adwa Dil Microfinance Institution S.C (Under Formation) invites all interested audit firms (bidders) by this Local Competitive Bid to perform an external audit service for the fiscal year ending, 30 June 2025

INVITATION TO BID FOR EXTERNAL AUDIT SERVICE (Re-Advertised)

ADWA DIL MICROFINANCE INSTITUTION S. Co (UNDERFORMATION)

1. Background

Adwa Dil Microfinance Institution S. Co is under formation in accordance with the proclamation number 626/2001 (as amended by proclamation number 1164/2012) issued for licensing and supervision of micro financing Institutions in Ethiopia. Currently, the Company is making preparations to hold its first General Assembly by fulfilling necessary requirements set by National Bank of Ethiopia. Adwa Dil Microfinance Institution S.C (Under Formation) invites all interested audit firms (bidders) by this Local Competitive Bid to perform an external audit service for the fiscal year ending, 30 June 2025.

2. Instruction to Bidders

1. 1. Terms of Reference (ToR) can be obtained from Adwa Dil Microfinance Institution

S. Co Project Office located at Defense Officers' Club, 1st floor, during, office hours (Monday to Friday from 8:30 am to 5:00 pm), beginning from February 21, 2025. No payment is required to obtain bid document,

1. 2. Eligible bidders are required to comply with the NBE directive No. MF1/37/2024 APPOINTMENT OF EXTERNAL AUDITOR OF A MICROFINCCE INSTITUTION DIRRECTIVE",
   3. Eligible bidders are required to submit at least the following:-

Valid and renewed business license,

Competence certificate from Accounting and Auditing Board of Ethiopia (AABE),

TIN, valid tax clearance, and VAT registration certificates, and

Organizational profile.

1. 4.  Bidders are required to submit their bid proposals in wax sealed envelope to Adwa Dil Microfinance Institution S.C (Under Formation) Project Office,
   5. Deadline for the submission of bid proposal is on 28 February 2025 at 10:00 AM,
   6.  Bid proposals received in time and fulfilling, bid formalities shall be opened in the presence of interested bidders or their representatives on 28 February 2025 at 10:15 AM
   7. For further information on the bid please contact us with the following numbers during office hours; Tel. 0985401266 оr 0911805316,
   8. Adwa Dil Microfinance Institution S.C reserves the right to reject all or part of the bid.

Address: Adwa Dil Microfinance Institution S.C, (Under Formation)

Around Tor Hailoch, Defense Officers' Club 

1* Floor, Office No. 308/309, Addis Ababa, Ethiopia.

ADWA DIL MICROFINANCE INSTITUTION S. Co