The professional service and responsibilities of the consultant will include but not limited to the following: (a) Collection of Asset data through survey: • The consultant shall collect unrecorded or addition data from all offices using a Data Collection Sheet (DCS). • The DCS will be provided by DPDC. • Physical verification, listing and classification of inventory of assets shall be conducted using the DCS. • Detail survey for identification and listing of office and category wise fixed

Official Contract Award: The professional service and responsibilities of the consultant will include but not limited to the following: (a) Collection of Asset data through survey: • The consultant shall collect unrecorded or addition data from all offices using a Data Collection Sheet (DCS). • The DCS will be provided by DPDC. • Physical verification, listing and classification of inventory of assets shall be conducted using the DCS. • Detail survey for identification and listing of office and category wise fixed assets should be conducted. (b) Determine present condition: • The consultant shall determine present condition of all the fixed assets and classify them into serviceable/ repairable/ un-serviceable/ obsolete etc. • Valuation is required for un-serviceable or obsolete assets including their detail information shall be provided. • Current market/Fair value of serviceable and repairable assets and their estimated remaining life shall be determined. (c) Confirmation from office heads: • Category and office wise asset lists and other details shall be verified and confirmed by concerned office heads. • Hard copies of such lists and details shall be provided to concerned office too. (d) Submission of data collection report: Final data collection report shall be submitted office wise, zone wise & functional head wise and for DPDC as a whole. (e) Valuation guideline: • Each major head or asset item shall be further classified into sub-major groups. Fixed Asset items shall be classified and evaluated according to classification of asset items in audited Financial Statement of DPDC. A list of fixed asset (System generated) items is given in Annexure 1. • The consultant shall determine present market values of assets following Revaluation Rules of Ministry of Finance (2011), IAS, IFRS, IVS, FRC, BSEC & other rules. • Accounting treatment of the difference between determined Market Value/Fair value and Book Value of fixed assets mentioned in DPDC’s audited financial statement as per Rules of Ministry of Finance (2011), IAS, IFRS, IVS, FRC, BSEC & other rules. (f) Digital tagging guide line: • Propose digital tagging plan for all tangible fixed assets of DPDC • Tagging will be for internal as well as external assets. Internal tagging will include office Furniture (Chair, Table etc), Office equipment (Fan, Photocopy machine, AC etc). External tagging will include Pole, Transformer etc. • The consultant shall propose sample tagging for transfer, pole, substation, distribution line and furniture with types of material used for tagging. (g) Consider available books and records: • The consultant shall take into consideration all relevant books and records available in DPDC. • The consultant shall verify historical costs and accumulated depreciation if any to determine net book value of fixed assets. • Estimated book value of fixed assets that do not have records shall be determined applying best judgment and expertise. • For intangible item (if any) the firm shall advice a best judgment value from their expertise. (h) Determine longevity: The consultant shall determine estimated remaining life of all serviceable and repairable fixed assets. (i) Quantity verification and reconciliation: The consultant shall conduct quantity verification and reconciliation of fixed assets record with physical inventory. (j) Prepare office and category wise asset register: • The consultant shall prepare an office and category wise Asset Register for all offices individually and for DPDC as a whole. (k) Provide specific recommendations: • The consultant shall review existing procedure of identification, verification, valuation, recording of assets & preparation of report. • Providing suggestions regarding modernization & uniform of asset code used (04 types) in DPDC. • Provide recommendations for improving the existing Asset Register. • Provide recommendations for proper management of any particular asset and • Provide specific recommendations for improving Fixed Assets Management system. Awarded Contractor: S.F. Ahmed and Co.,. Contract Value: None BDT. Invitation/Proposal Ref: 27.87.0000.306.40.002.22.24; Date: 07.03.2023. Package No: 27.87.0000.306.40.002.22.24; Date: 07.03.2023. Ministry: Ministry of Energy, Power and Minearal Resources. Agency: Dhaka Power Distribution Company Ltd. (DPDC). Procuring Entity: Deputy General Manager (Finance), Asset Management & Store Accounting. Procurement Method: NCT. Source of Funds: Own Funds Own Funds.