Premier Switch Solutions S.C. is currently seeking a qualified external Auditor to conduct an audit service for the coming three years 2021/22, 2022/23 & 2023/24



  • Category : Auditing Related
  • Posted Date : 10/26/2021
  • Phone Number : 0115570542
  • Source : Reporter
  • Closing Date : 11/11/2021


 Local Competitive Bid (LCB)

Request for Proposal for External Audit Service

Bid Number: PSS/Audit/001/2021

Premier Switch Solutions S.C. is a consortium owned by six private banks i.e., Awash Bank, Nib International Bank, United Bank, Berhan Bank, Addis International Bank, and Cooperative Bank of Oromia. It was established in 2009 by the visionary banks to save the high investment cost of the modern payment platform and deliver electronic payment services to financial institutions with a shared system.

PSS is currently seeking a qualified external Auditor to conduct an audit service for the coming three years 2021/22, 2022/23 & 2023/24 financial statements. Eligible firms which fulfil the following requirements are invited to participate in this bid and submit their proposal. The bid document can be obtained from PSS’s Head Office, Awash Insurance Building, Awash Towers, 7th Floor, during Office hours, Monday to Friday 8:00 A.M. to 5:00 P.M. and on Saturday 8:00 A.M. to 12:00 P.M., upon payment of a non-refundable fee of Birr 200.00 (Two hundred).

  1. All interested bidders are expected to fulfill the requirements stated below.
    • Availability of bid security;
    • Availability of letter of authorization to sign the bid offers;
    • Renewed trade license for the year 2013/2014.
  2. All bids must be accompanied by a bid security in the amount of birr 3,000.00 (Birr Three Thousand).
    • The bid bond shall be furnished in one of the following forms: –
      • Certified Cheque /CPO issued by a recognized domestic bank or
      • Unconditional bank guarantee
  3. The bid document will be sold starting from October 28, 2021 and the bid proposal will be received at PSS’s Head Office, until November 11, 2021 2:00 P.M. Sealed bids should be submitted marked as: “PSS/Audit/001/2021 for Premier Switch Solutions S.C” and be addressed to:

Admin & Finance Department   Premier Switch Solutions S.C.,

 7th Floor, Awash Insurance Building, Awash Towers, Ras Abebe Aregay Road,

Tel.: +251(0)11 557 0581 or +251(0)11 557 0542 or +251(0)11 557 0716  Fax: 251(0)115570672

PO. Box 14805, Addis Ababa, Ethiopia.

  1. Bid proposals received after the closing time will be automatically rejected and shall be returned unopened to the bidder.
  2. Bids received in time and fulfilling the other formalities shall be opened in the presence of interested bidders or their legal representatives on November 11, 2021 at 2:30 P.M at the Meeting Room of PSS.
  3. It is possible to obtain further information by calling Tel.: +251(0)11 557 0542 or +251(0)11 557 0716.
  4. PSS reserves the right to reject all or parts of this bid.