DEADLINE: 23RD AUGUST, 2022
FEDERAL MINISTRY OF FINANCE, BUDGET AND NATIONAL PLANNING
REQUEST FOR EXPRESSIONS OF INTEREST
FISCAL GOVERNANCE AND INSTITUTIONS PROJECT (FGIP)
CREDIT NO.: 62880-NG
ASSIGNMENT TITLE: APPOINTMENT OF CONSULTANCY FIRM TO DEVELOP AN ORGANIZATIONAL TRANSFORMATION AND STRATEGIC PLAN FOR MINISTRY OF FINANCE INCORPORATED (MOFI)
REFERENCE NUMBER: NG-FMF FGIP-300154-CS-CQS
The Federal Government of Nigeria has received financing from the World Bank for the Fiscal Governance and Institutions Project (FGIP), and intends to apply part of the proceeds for consulting services.
The consulting services (“the Services) is for an appointment of a suitable Consultancy firm to diagnose the existing MOFI, develop a stellar governance and accountability framework, and develop an organizational transformation and strategic plan for MOFI with a view to provide effectiveness in service delivery and a vision to ensure sustainability. The firm will be required to: (i) review MOFI’s portfolio to understand the compositions of assets in the portfolio, rational for state ownership, profitability, strengths and weaknesses of the portfolio. (ii) review MOFI’s current governance arrangement, ownership function and operations to gain a clear understanding of its strategy, structure, systems, processes, people, technology, and change drivers; (iii) evaluate the operations of MOFI in relation to its mandate and performance objectives, and determine the ownership model which could help to reach the government objectives and identify the scope for improvement taking into considerations lessons from Nigeria past experience with SWFs and global practices and standards in SWF management; (iv) recommend feasible governance and accountability framework, including links with the budget, Supreme Audit oversight, accountability to the National Assembly, corporate governance framework, safeguards to limit mismanagement and corruption, and improvement options for the entire operations of MOFI with a view to repositioning it for better performance and sustainability: The proposed duration of the project is six (6) months after signing of the contract agreement.
The detailed Terms of Reference (TOR) for the assignment can be obtained at: https://www.spesse.edu.ng/wp-content/uploads/2022/07/250522-Final-TOR-FGIP-MOFI.docx
The International Economic Relations Department of the Federal Ministry of Finance, Budget and National Planning in collaboration with the Ministry of Finance Incorporated now invites eligible consulting firms (“Consultants”) to indicate their interest in providing the Services
Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services.
The shortlisting criteria are:
- Minimum of 10 years’ expertise and experience in the public finance management sector and designing of IT systems for public finance management. (Attach a list of current and past clients where the bidder carried public finance management along with the name of the organization, contact person, designation, and contact number, nature of the consulting services and length of the appointment);
- Verifiable experience on similar consultancy in a developing country (experience in Sub-Sahara Africa will be an added advantage)
- Evidence of Incorporation Certificate
- Technical and Managerial organization of the firm
- Evidence of Tax Compliance Certificate.
The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” dated November 2020 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.
Consultants may associate with other firms to enhance their qualifications, but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected. Therefore, while expressing interest, JVs should clearly specify the qualifications of each of the associated firms to undertake the assignment A Consultant will be selected in accordance with the Consultant Qualification Selection method set out in the Procurement Regulations.
Further information can be obtained at the address below during office hours of 0900 to 1500 hours or via the e-mails listed below.
Expressions of interest (3 copies) must be delivered in a written form to the address below (in person, or by mail, and by e-mail) by 12 noon on 23 August 2022.
Fiscal Governance and Institutions Project (FGIP)
Attn:-The Director,
International Economic Relations
International Economic Relations Department Room
426/427, 4th Floor, Phase Il Building,
Federal Ministry of Finance & Budget and National Planning, Finance Headquarters Ahmadu Bello Way,
Central Business District, Abuja, Nigeria
Tel: +234 8033115666
E-mail: ishay2k2006@yahoo.com, chinyereoranezi11@gmail.com
