Written by Hamza Shahnawaz in Taxation The third-party audit will cover three financial years, from 2023-24 to 2025-26, with proposals required through EPADS v2.0 by November 16, 2026. ISLAMABAD: The Federal Board of Revenue (FBR) has invited chartered accountancy (CA) firms to conduct a comprehensive third-party audit of Customs bonded warehouses across Pakistan, covering three financial years from 2023-24 to 2025-26. The FBR Customs Wing intends to appoint eligible firms to audit petroleum, oil and lubricants (POL), public and private bonded warehouses across the country. According to the procurement notice, interested firms registered on the Electronic Pakistan Acquisition and Disposal System (EPADS) v2.0 can submit separate technical and financial proposals for one or more of the six designated lots. However, no firm or joint venture will be awarded more than two lots. Firms selected for multiple assignments must provide separate key personnel and sufficient field resources. FBR audit tender: Selection criteria The selection process will follow Least Cost Based Selection (LCBS) under the Single Stage-Two Envelope procedure. Firms must fulfil all mandatory eligibility requirements, secure at least 70 marks out of 100 in technical evaluation and obtain a minimum of 50 per cent in each of the seven technical…