KebronHill Microfinance Institution S.C. (KHMFI) invites eligible and AABE-licensed audit firms to submit sealed bids, under Open Tender reference KHMFI/PRO/OT-001/2026, for the provision of external audit service for the financial year ending June 30, 2027.
Kebronhill Microfinance Institution
KEBRONHILL MICROFINANCE INSTITUTION S.C.
OPEN TENDER INVITATION TO BID FOR EXTERNAL AUDIT SERVICE
- Invitation: KebronHill Microfinance Institution S.C. (KHMFI) invites eligible and AABE-licensed audit firms to submit sealed bids, under Open Tender reference KHMFI/PRO/OT-001/2026, for the provision of external audit service for the financial year ending June 30, 2027.
- Eligibility Requirements: Bidders shall fulfill the requirements set out in NBE Directive No. MFI/37/2024, including, at a minimum:
- Valid AABE (Accounting and Auditing Board of Ethiopia) audit firm business license.
- Taxpayer Identification Number (TIN), valid VAT registration certificate, and valid tax clearance certificate.
- Audit team members holding valid IFRS training certificates.
- A minimum of three (3) years’ audit experience with microfinance institutions or banks.
- Term of Engagement: The selected firm shall be engaged for one (1) year, renewable annually by the Annual General Meeting up to a maximum of three (3) consecutive years, based on satisfactory performance, and subject to National Bank of Ethiopia approval each year, in accordance with NBE Directive No. MFI/37/2024.
- Bid Documents: May be collected from KHMFI’s Facility and Logistics Department, Debrework Building, Mexico Square, 10th Floor, Addis Ababa, upon payment of a non-refundable fee of ETB 200 in cash, from October 02, 2026 to October 16, 2026, during working hours.
- Bid Security: ETB 30,000 in the form of CPO or Bank Guarantee, valid for 90 days, must accompany the technical proposal.
- Submission (Two-Envelope System): Bidders shall submit sealed Technical and Financial Proposals under the Two-Envelope System, as follows:
- One original and one copy of the Technical Proposal and one original and one copy of the Financial Proposal, each set placed in a separate sealed envelope, clearly marked “Technical Proposal” and “Financial Proposal” respectively, with the bidder’s name and the bid reference number KHMFI/PRO/OT-001/2026.
- Both envelopes shall be enclosed in one outer sealed envelope, addressed to KHMFI’s Facility and Logistics Department, at the above address.
- Bids must be delivered to the address above on or before October 17, 2026, at 5:00 PM (EAT).
- Late bids will be automatically rejected.
- Bid Opening: Technical proposals will be opened on October 19, 2026, at 9:00 AM (EAT), at the above address, in the presence of bidders or their authorized representatives. Financial proposals of only technically qualified bidders will be opened at a later date.
- Right Reserved: KHMFI reserves the right to accept or reject any or all bids.
For further information, please contact: Facility and Logistics Department, Tel: +251 11 557 8168 | Email: Info@kebronhill.com
