CARIBBEAN DE­VEL­OP­MENT BANK RE­QUEST FOR EX­PRES­SIONS OF IN­TER­EST EX­TER­NAL AU­DIT­ING SER­VICES

The Star (St. Lucia) - - INTERNATIONAL - El­i­gi­ble coun­tries are CDB Mem­ber Coun­tries.

The Caribbean De­vel­op­ment Bank (CDB) wishes to en­gage a firm of ex­ter­nal au­di­tors for the fi­nan­cial years 2015 through 2019. The ex­ter­nal au­di­tors will be re­quired, in­ter alia, to au­dit the fi­nan­cial state­ments for the five fi­nan­cial years end­ing De­cem­ber 31, 2015 through 2019 in ac­cor­dance with In­ter­na­tional Stan­dards on Au­dit­ing and is­sue an au­dit opin­ion on fi­nan­cial state­ments pre­pared in con­for­mity with In­ter­na­tional Fi­nan­cial Re­port­ing Stan­dards, for the Bank and its pen­sion-re­lated funds and on spe­cial pur­pose fi­nan­cial state­ments of the other funds un­der the Bank’s ad­min­is­tra­tion. The ex­ter­nal au­di­tors will also be re­quired to support the Bank’s var­i­ous note and/or bond of­fer­ings in the cap­i­tal mar­kets world­wide dur­ing the pe­riod June 1, 2015 through May 31, 2020. Con­sid­er­a­tion will be limited to firms or joint ven­tures of firms which are legally in­cor­po­rated or oth­er­wise or­gan­ised in an el­i­gi­ble coun­try, have their prin­ci­pal place of business in an el­i­gi­ble coun­try and are more than 50% ben­e­fi­cially owned by a cit­i­zen(s) and/or a bona fide res­i­dent(s) of an el­i­gi­ble coun­try or coun­tries or by a body or bod­ies cor­po­rate meet­ing th­ese re­quire­ments. In all cases, the firm(s) should have no ar­range­ment and un­der­takes not to make any ar­range­ment whereby any sub­stan­tial part of the net prof­its or other tan­gi­ble ben­e­fits of the con­tract will ac­crue or be paid to a per­son or per­sons not a cit­i­zen(s) or bona fide res­i­dent(s) of an el­i­gi­ble coun­try. CDB hereby in­vites qual­i­fied firms who are in­ter­ested in un­der­tak­ing th­ese ser­vices, to sub­mit in­for­ma­tion in the ques­tion­naire men­tioned be­low and in ad­di­tion each in­ter­ested firm must pro­vide in­for­ma­tion to sat­isfy the fol­low­ing re­quire­ments: (a) be an ac­count­ing firm which has been op­er­at­ing for a min­i­mum of ten years; have an in­ter­na­tional op­er­at­ing in­fra­struc­ture; op­er­ate un­der common stan­dards and poli­cies world­wide and have for­mal con­tin­u­ing ed­u­ca­tion pro­grammes; (b) be able to fur­nish the Bank with its gen­eral back­ground in­clud­ing de­scrip­tion of own­er­ship and struc­ture en­com­pass­ing its na­tional and in­ter­na­tional op­er­a­tions; (c) have the abil­ity to con­duct au­dits un­der In­ter­na­tional Stan­dards on Au­dit­ing and is­sue au­dit opin­ions on fi­nan­cial state­ments pre­pared in con­for­mity with In­ter­na­tional Fi­nan­cial Re­port­ing Stan­dards; (d) have the abil­ity to ser­vice the au­dit­ing and re­lated needs of the Bank and pro­vide pro­fes­sional support in con­nec­tion with note and/or bond is­suances in cap­i­tal mar­kets world­wide; and (e) be ex­pe­ri­enced in au­dit­ing mul­ti­lat­eral banks and/or

in­ter­na­tional com­mer­cial banks. In­ter­ested firms are re­quired to sub­mit a com­pleted copy of a ques­tion­naire and re­quired in­for­ma­tion to The Deputy Di­rec­tor - In­ter­nal Au­dit, CDB via the e-mail ad­dress pro­vided be­low. Copies of the ques­tion­naire are avail­able on the CDB web­site http:// www.carib­ank.org. After eval­u­a­tion of the in­for­ma­tion sub­mit­ted, a short­list of not less than three (3) and not more than six (6) firms will be se­lected and in­vited to sub­mit pro­pos­als for the pro­vi­sion of the ser­vices. The terms of ref­er­ence for the ser­vices will be made avail­able to the short­listed firms. The ap­prox­i­mate date for com­mence­ment of the ser­vices is ex­pected to be June 1, 2015. CDB shall not be bound to as­sign any rea­son for not short­list­ing any ap­pli­cant and shall not be re­spon­si­ble for any costs in­curred by ap­pli­cants in the prepa­ra­tion and sub­mis­sion of Ex­pres­sions of In­ter­est. All sub­mis­sions are to be in English and must be re­ceived by the Deputy Di­rec­tor – In­ter­nal Au­dit via email at in­ter­nalau­dit@ carib­ank.org by 5:00pm EST on Novem­ber 17, 2014.

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