DEADLINE: 14TH JANUARY, 2025
NIGERIA ELECTRICITY LIABILITY MANAGEMENT LTD/GTE (NELMCO)
REQUEST FOR EXPRESSION OF INTEREST FOR THE ENGAGEMENT OF EXTERNAL AUDITOR
1. INTRODUCTION
The Nigeria Electricity Liability Management Ltd/Gte (NELMCO), is a Special Purpose Entity (SPE) created by the Federal Government of Nigeria, under the Electricity Power Sector Reform Act (EPSR), 2005 and saddled with the responsibility of managing the Liabilities and Non-core Assets of the defunct Power Holding Company of Nigeria (PHCN).
NELMCO in pursuant of her mandate and in compliance with Section 85 (3)a of the Constitution of the Federal Republic of Nigeria 1999, and in line with the Public Procurement Act 2007, hereby interested the services of qualified and reputable Consultant for the provision of services as External Auditor for NELMCO.
2. SCOPE OF WORKS
The scope of work of the engaged External Auditor shall include:
a. Review NELMCO’s financial statement and records for the year 2023 and 2024 to ensure compliance with extant regulations;
b. Review NELMCO’s internal control mechanisms to ensure that it complies with international best practice;
c. Review NELMCO’s financial records to ensure compliance with International Public Sector Accounting Standards (IPSAS), International Financial Reporting Standards (IFRS) and in accordance with Financial Regulations 2009, Finance Act 2020 and other extant regulations;
d. Prepare a report stating if in the opinion of the auditor engaged, the financial statements of NELMCO reflects a true and fair view of the organisation’s affairs;
e. Provide guidance to NELMCO on strengthening internal control to promote efficiency and accountability.
3. ELIGIBILITY REQUIREMENTS
Interested and reputable firms are requested to submit their three (3) sealed Eol documents duly signed, paginated, separated by dividers and arranged in the order outlined:
a. Evidence of Certificate of Incorporation issued by Corporate Affairs Commission (CAC) including Forms CAC2 and CAC7, or Business Name where applicable;
b. Evidence of Firm’s Tax Clearance Certificate (or Personal Income Tax Clearance Certificates of all the Partners in case of Business Name) for the last three (3) years valid till 31 December, 2024;
c. Evidence of Pension Clearance Certificate valid till 31 December, 2024 (this requirement is only applicable to bidders whose number of staff is 15 and above);
d. Evidence of Industrial Training Fund (ITF) Compliance Certificate valid till 31″ December, 2024 (this requirement is only applicable to bidders whose number of staff is 5 and above or the bidder’s annual turnover is N50m and above);
e. Evidence of Nigeria Social Insurance Trust Fund (NSITF) Clearance Certificate valid till 31st December, 2024;
f. Evidence of Registration on the National Database of Federal Contractors, Consultants and Service Providers by submission of Interim Registration Report (IRR) expiring on 31/12/2024 ог valid Certificate issued by BPP.
g. Evidence of Firm’s current registration with the Office of the Auditor-General for the Federation;
h. Evidence of Firm’s current registration with the Financial Reporting Council of Nigeria,
i. Sworn Affidavit disclosing whether or not any officer of the relevant committees of the Nigeria Electricity Liability Management Ltd/GTE or the Bureau of Public Procurement is a former or present Director, shareholder or has any pecuniary interest in the bidder and to confirm that all information presented in its bid are true and correct in all particulars;
j. Company’s Audited Accounts for the last three (3) years-2021,2022 & 2023;
k. Reference Letter from a reputable commercial bank indicating willingness to provide credit facility for the execution of the project when needed;
l. Company Profile with the Curriculum Vitae of Key Staff to be deployed for the project, including copies of their Academic/Professional qualifications;
m. Verifiable documentary evidence of at least three (3) similar jobs executed in the last five (5) years including Letters of Awards and Job Completion Certificates;
n. For Joint Venture/Partnership, Memorandum of Understanding (MoU) indicating Lead Partner should be provided (CAC, Tax Clearance Certificate, Pension Clearance Certificate, ITF Compliance Certificate, NSITF Clearance Certificate, IRR & Sworn Affidavit are compulsory for each JV partner).
Note: All documents for submission must be transmitted with a Covering/Forwarding letter under the Company/Firm’s Letter Head Paper bearing amongst others, the Registration Number (RC) as issued by the Corporate Affairs Commission (CAC), Contact Address, Telephone Number (preferably GSM No.), and e-mail address. The Letterhead Paper must bear the Names and Nationalities of the Directors of the Company at the bottom of the page, duly signed by the authorised officer of the Firm.
4. SUBMISSION OF EOI DOCUMENTS
Interested firms are to submit two (2) bound of Expression of Interest (EoI) documents separated by dividers and arranged as indicated above. The documents should be submitted in a sealed envelope and addressed to The Managing Director/CE Nigeria Electricity Liability Management Ltd/Gte 6 Bumbuna Street, Zone 1, Wuse, Abuja and clearly marked with (the name of the project and the Lot number). Furthermore, the reverse of each sealed envelope should bear the name and address of the bidder and drop in the designated Tender Box at the Ground Floor Conference Room at NELMCO office not later than Tuesday, 12:00noon 14th January, 2025.
5. OPENING OF EOI DOCUMENTS
The Eol documents will be opened immediately after the deadline for submission Tuesday, 12:00noon, 14th January, 2025 in the Ground Floor Conference Room, NELMCO Office, 6 Bumbuna Street, Zone 1, Wuse, Abuja in the presence of bidders or their representatives. Please, ensure that you sign the Bid Submission Register in the office of Procurement Office, Second Floor, NELMCO Office, as the Nigeria Electricity Liability Management Ltd/Gte will not be held liable for misplaced or wrongly submitted bids. For further enquiries, please contact the Procurement Unit on email procurement@nelmco.gov.ng
6. GENERAL INFORMATION
a. EoI must be in English Language and signed by an official authorised by the bidder
b. EoI submitted after the deadline for submission would be returned un-opened;
c. All costs will be borne by the bidders;
d. Delivery through courier will NOT be accepted;
e. The EOIs will be opened in the presence of CSOs and Professional bodies;
f. Only shortlisted firms will be invited at a later date for collection of Request for Proposals;
g. The Nigeria Electricity Liability Management Ltd/Gte is not bound to shortlist any bidder and reserves the right to annul the Procurement process at any time without incurring any liabilities in accordance with Section 28 of the Public Procurement Act 2007.
SIGNED
MANAGING DIRECTOR/CE NELMCO
