Consultancy Services for Financial Audit and Compliance


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Country : Nigeria
Summary : Consultancy Services for Financial Audit and Compliance
NGT Ref No : 48695180
Tender Notice No :
Competition :ICB
Financier :Agence Francaise De Development (AFD)
Purchaser :NATIONAL POWER TRAINING INSTITUTE OF NIGERIA (NAPTIN)
KUNLE OYENUSI PROJECT MANAGER NAPTIN Corporate HQ Plot 21 Cadastral Zone idu Industrial Area, Federal Capital Territory 900102 Tel: 07068778458
URL :http://www.naptin.gov.ng
Tender Details :Expression of Interest are invited for Consultancy Services for Financial Audit and Compliance. NIGERIA ENHANCING VOCATIONAL TRAINING DELIVERY FOR THE POWER SECTOR IN NIGERIA SERVICES FOR FINANCIAL AUDIT and COMPLIANCE The National Power Training Institute of Nigeria - NAPTIN, through the Federal Government of Nigeria, has received a grant from the European Union (EU) and a loan from the French Development Agency (AFD) for the funding of the project on Enhancing vocational training delivery for the power sector in Nigeria, and intends to use a portion of the funds thereof for payments of project Auditing and External Compliance Services. A Project Implementation Unit (PIU, comprised of a dedicated Project Manager and members drawn from NAPTIN) is responsible for the day-to-day operations of the project. The PIU is responsible for the project procurement, financial management, social and environmental aspects, monitoring and evaluation (M&E), contracts management and overall project reporting to the NAPTIN Director-General, NAPTIN-s Governing Council, the Project Steering Committee and AFD. The PIU maintain the following project accounts a USD, a EUR and a NGN denominated account for project expenditures, as well as a NGN denominated petty cash account for the PIU-s expenditures. A PIM sets the procedures for the day-to-day operations of these accounts. The financing agreement regarding the loan was signed in May 2016 and the first disbursement was made in December 2018. The EU grant agreement was signed in May 2018 and no disbursement was made up to date. 2. Scope of the audit Analysis will cover the period of implementation of the project. It will be done through annual audits, each one submitted by end January of each year. The overall period of the following assignment is expected to cover the project implementation from 2019 to end of 2023. The audit covers the project accounts opened by NAPTIN PIU in the central bank of Nigeria. It must provide assurances that the financial statements reliably present the financial transactions and accounting balances related to the execution of that financial year. In terms of the documentation volume, for information purposes, it is specified that with regard to the scope of the audit: • In total, approximately seven (7) to fifteen (15) contracts will be awarded by NAPTIN, of which nine (9) works contracts, one (1) to two (2) supply contracts or current services and three (3) to four (4) consultancy services contracts • The Project includes four open bank account and their account agreement and related bank statements. The audit covers the project accounts opened by NAPTIN PIU in the central bank of Nigeria. It must provide assurances that the financial statements reliably present the financial transactions and accounting balances related to the execution of that financial year. In addition, the auditor should also carry out compliance audits with regards to applicable procedures, draft recommendations and ensure follow-up of their implementation on a quarterly basis. NAPTIN hereby invites consultants to show their interest in delivering the Services described above. Eligibility criteria to AFD-s financing are specified in sub-clause 1.3 of the “Procurement Guidelines for AFD-Financed Contracts in Foreign Countries”, available online on AFD-s website www.afd.fr. Interested Auditors must provide information evidencing that they are qualified and experienced to perform these Services. For that purpose, documented evidence of recent and similar services shall be submitted. Determination of the similarity of the experiences will be based on: - The contracts size; - The nature of the Services • Previous Contracts • Business Model and Financial Monitoring and Reporting • Marketing Policy and Customer Management - The technical areas and expertise • Institutional and organizational development ; • International affiliation; • Information management systems; • Process and procedures for public services institutions auditing. The location of the project is in Nigeria, more precisely in Federal Capital Territory (Abuja). The Client will also take into account for the evaluation of the applications the following items - skills and availability of in-house technical back-up experts provided to the on-site experts, - professional certifications of the Auditors Among the submitted applications, NAPTIN will shortlist a maximum of 6 Auditors to whom the Request for Proposals to carry out the Services shall be sent. Expressions of Interest must be submitted to the address below no later than 12:00.noon, Monday, 18th January 2021: Request for Expressions of Interest NIGERIA ENHANCING VOCATIONAL TRAINING DELIVERY FOR THE POWER SECTOR IN NIGERIA SERVICES FOR FINANCIAL AUDIT and COMPLIANCE The National Power Training Institute of Nigeria - NAPTIN, through the Federal Government of Nigeria, has received a grant from the European Union (EU) and a loan from the French Development Agency (AFD) for the funding of the project on Enhancing vocational training delivery for the power sector in Nigeria, and intends to use a portion of the funds thereof for payments of project Auditing and External Compliance Services. A Project Implementation Unit (PIU, comprised of a dedicated Project Manager and members drawn from NAPTIN) is responsible for the day-to-day operations of the project. The PIU is responsible for the project procurement, financial management, social and environmental aspects, monitoring and evaluation (M&E), contracts management and overall project reporting to the NAPTIN Director-General, NAPTIN-s Governing Council, the Project Steering Committee and AFD. The PIU maintain the following project accounts a USD, a EUR and a NGN denominated account for project expenditures, as well as a NGN denominated petty cash account for the PIU-s expenditures. A PIM sets the procedures for the day-to-day operations of these accounts. The financing agreement regarding the loan was signed in May 2016 and the first disbursement was made in December 2018. The EU grant agreement was signed in May 2018 and no disbursement was made up to date. 2. Scope of the audit Analysis will cover the period of implementation of the project. It will be done through annual audits, each one submitted by end January of each year. The overall period of the following assignment is expected to cover the project implementation from 2019 to end of 2023. The audit covers the project accounts opened by NAPTIN PIU in the central bank of Nigeria. It must provide assurances that the financial statements reliably present the financial transactions and accounting balances related to the execution of that financial year. In terms of the documentation volume, for information purposes, it is specified that with regard to the scope of the audit: • In total, approximately seven (7) to fifteen (15) contracts will be awarded by NAPTIN, of which nine (9) works contracts, one (1) to two (2) supply contracts or current services and three (3) to four (4) consultancy services contracts • The Project includes four open bank account and their account agreement and related bank statements. The audit covers the project accounts opened by NAPTIN PIU in the central bank of Nigeria. It must provide assurances that the financial statements reliably present the financial transactions and accounting balances related to the execution of that financial year. In addition, the auditor should also carry out compliance audits with regards to applicable procedures, draft recommendations and ensure follow-up of their implementation on a quarterly basis. NAPTIN hereby invites consultants to show their interest in delivering the Services described above. Eligibility criteria to AFD-s financing are specified in sub-clause 1.3 of the “Procurement Guidelines for AFD-Financed Contracts in Foreign Countries”, available online on AFD-s website www.afd.fr. Interested Auditors must provide information evidencing that they are qualified and experienced to perform these Services. For that purpose, documented evidence of recent and similar services shall be submitted. Determination of the similarity of the experiences will be based on: - The contracts size; - The nature of the Services • Previous Contracts • Business Model and Financial Monitoring and Reporting • Marketing Policy and Customer Management - The technical areas and expertise • Institutional and organizational development ; • International affiliation; • Information management systems; • Process and procedures for public services institutions auditing. The location of the project is in Nigeria, more precisely in Federal Capital Territory (Abuja). The Client will also take into account for the evaluation of the applications the following items - skills and availability of in-house technical back-up experts provided to the on-site experts, - professional certifications of the Auditors Among the submitted applications, NAPTIN will shortlist a maximum of 6 Auditors to whom the Request for Proposals to carry out the Services shall be sent. Expressions of Interest must be submitted to the address below no later than 12:00.noon, Monday, 18th January 2021:
Deadline :18th Jan 2021
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