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Auditors of Six Public Institutions Became Known
Public Procurement Agency (PPA) announced the results of more than three thousand procurement organized on a competitive basis in January and February of this year. Among them there are the results of six tenders and quotations for the selection of the auditor of the financial statements for the year 2012. Thus the costs of contracts signed under these terms differ from each other by hundreds of times.
Audit of the Azerbaijan Mortgage Fund under the Central Bank will be held by KPMG Azerbaijan Limited, which is priced services in 84,000 manat.
The company Baker Tilly Azerbaijan has won the tender for the audit of the financial activities of the State Committee on Securities and the state-run Azerbaijan Investment Company, respectively, which will cost them 23.5 thousand and 5 thousand manats.
Financial activities of the state-run Azerlotereya will be checked by the free auditor Yasin Shirinov. In previous years, audit of the lottery monopoly was held by M & J Accuracy Consulting.
The largest contract was signed by the water supply company Azersu. Audit of its financial statements by the Azerbaijani branch of Ernst & Young will cost 353,430 manat, said GAZ. - 08D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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