Forensic Audit RFP Template for Pakistan

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Key Requirements PROMPT example:

Forensic Audit RFP

"I need a Forensic Audit RFP template for investigating potential financial irregularities in our manufacturing company's overseas subsidiaries, with specific focus on cross-border transactions during January-March 2025 and requirements for auditors with international experience."

Document background
The Forensic Audit RFP template is essential for organizations in Pakistan seeking to engage professional services for investigating financial irregularities, fraud, or compliance issues. This document type is specifically designed to comply with Pakistani procurement laws and regulations, including PPRA guidelines and Companies Act 2017 requirements. It is typically used when organizations need to conduct detailed investigations into suspected financial misconduct, require due diligence for major transactions, or face regulatory requirements for special audits. The RFP includes comprehensive sections covering technical requirements, evaluation criteria, and specific provisions for handling sensitive information, making it suitable for both public and private sector organizations requiring forensic audit services.
Suggested Sections

1. Introduction: Overview of the organization issuing the RFP and brief context of the forensic audit requirement

2. Purpose and Objectives: Clear statement of the forensic audit's purpose and specific objectives to be achieved

3. Scope of Work: Detailed description of the audit scope, including time period, locations, and specific areas of investigation

4. Qualification Requirements: Minimum eligibility criteria for bidders, including technical expertise, professional certifications, and past experience

5. Submission Requirements: Detailed instructions for proposal submission, including format, deadline, and contact information

6. Technical Proposal Requirements: Specific requirements for the technical proposal, including methodology, work plan, and team composition

7. Financial Proposal Requirements: Guidelines for submitting the financial proposal, including format and cost breakdown requirements

8. Evaluation Criteria: Detailed explanation of how proposals will be evaluated, including technical and financial weightages

9. Timeline and Deliverables: Expected project timeline, milestones, and specific deliverables required

10. Terms and Conditions: General terms and conditions governing the RFP process and subsequent engagement

Optional Sections

1. Pre-Bid Meeting Details: Information about pre-bid meetings if the complexity of the audit requires detailed discussions with potential bidders

2. Conflict of Interest Provisions: Specific provisions for handling potential conflicts of interest, particularly relevant for sensitive investigations

3. Data Room Access: Details about access to preliminary information and data room if applicable for complex cases

4. Security Clearance Requirements: Additional security clearance requirements if the audit involves sensitive or classified information

5. International Experience Requirements: Specific requirements for international experience if the case involves cross-border transactions

6. Joint Venture Guidelines: Guidelines for joint ventures or consortiums if allowed in the bidding process

Suggested Schedules

1. Schedule A - Scope Matrix: Detailed matrix of areas to be covered in the forensic audit

2. Schedule B - Required Qualifications: Detailed list of required qualifications, certifications, and experience

3. Schedule C - Proposal Forms: Standard forms to be filled by bidders including technical proposal templates

4. Schedule D - Financial Proposal Format: Standardized format for submitting financial proposals

5. Schedule E - Draft Contract: Draft of the contract to be signed with the successful bidder

6. Appendix 1 - Past Experience Format: Template for providing details of relevant past forensic audit experiences

7. Appendix 2 - Team Composition Format: Template for providing details of the proposed team structure and CVs

8. Appendix 3 - Declaration Forms: Standard declaration forms including non-disclosure agreements and integrity pacts

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Banking

Government and Public Sector

Manufacturing

Healthcare

Education

Energy

Telecommunications

Real Estate

Non-Profit Organizations

Insurance

Retail

Relevant Teams

Legal

Finance

Internal Audit

Compliance

Risk Management

Procurement

Corporate Governance

Board of Directors

Ethics & Investigation

Administrative Affairs

Relevant Roles

Chief Financial Officer

Chief Executive Officer

Internal Audit Director

Compliance Officer

Risk Management Director

Procurement Manager

Legal Counsel

Financial Controller

Audit Committee Chairman

Corporate Governance Head

Ethics Officer

Investigation Manager

Chief Risk Officer

Board Secretary

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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