REQUEST FOR EXPRESSIONS OF INTEREST
(CONSULTING SERVICES – FIRMS SELECTION)
RIVERS STATE EMPLOYMENT AND EXPENDITURE FOR RESULTS (SEEFOR) PROJECT
CREDIT NO.: 50220 DATE ISSUED: APRIL 28, 2020
ASSIGNMENT TITLE: CONSULTANCY SERVICES FOR ENGAGEMENT OF A CONSULTANT TO ALIGN THE OFFICE OF THE AUDITOR-GENERAL, RIVERS STATE (OAUG) TO THE FRAMEWORK OF AFROSAI-E (AFRICAN ORGANISATION OF ENGLISH-SPEAKING SUPREME AUDIT INSTITUTIONS) GUIDELINES AND ADOPTION OF AFROSAI-E STANDARDS – COMPLIANCE (CAM), FINANCIAL (FAM) AND IT AUDIT (ITAM) METHODOLOGIES
Reference No. RV/SFR/CS/CQS/2020/01
The Federal Government of Nigeria has received financing from the International Development Association (IDA) and the European Union (EU) to assist some States to implement the State Employment and Expenditure for Results (SEEFOR) Project in the Country. The overall objective of the project is to enhance opportunities for youth employment and access to socio-economic services whilst improving the effectiveness of public expenditure management systems in the participating States. Rivers State is one of the beneficiaries of this financing and intends to apply part of the proceeds for the implementation of a State Integrated Financial Management Information System (SIFMIS).
The Auditor-General of Rivers State and his team seek to optimize its Audit business processes and align the Office with AFROSAI-E guidelines and standards.
The primary aspects of the AFROSAI-E guidelines and standards are Compliance Audit Manual (CAM), Financial Audit Manual (FAM) and IT Audit Manual (ITAM). And the strategic imperatives include:
• Professionalizing public sector auditing and accounting;
• Being a credible voice for beneficial change;
• Turning leadership from capacity into capability; and
• Driving innovation and creativity.
These, AFROSAI-E is able to achieve through:
• Making use of governance structures which helped to build trust.
• Sharing knowledge regionally and among the international community.
• Engaging experts and experience from institutional partners.
• Preparing annual activity – and integrated reports on the outcomes of activities.
• Constantly researching and developing new concepts and audit tools.
• Using standardised regional audit methodologies and manuals to enhance implementation.
• Performing quality assurance reviews at SAIs on a three-year rotational basis.
• Significantly investing into performance auditing and fraud risk assessments.
• Developing regional experts groups and responded to the needs of member countries.
• Establishing a strong cooperative regional network between professional and regional bodies/organisations.
• Creating a result-driven accountable regional operating structure.
For RVSG, the focus from a Financial auditing perspective is on determining whether any presented financial information is in accordance with the applicable financial reporting and regulatory framework. The RVSG team seeks to accomplish this by obtaining sufficient and appropriate audit evidence to enable the Auditor-General to express an independent opinion as to whether the financial information is free from material misstatement due to fraud or error.
More so, the emphasis of Compliance auditing is on ensuring that a particular subject matter is in compliance with the laid down guidelines. It performs this by assessing whether activities, financial
transactions and information are, in all material respects, in compliance with the authorities which govern the audited entity. These laid down procedures may include rules, laws and regulations, budgetary resolutions, policy, established codes, agreed terms or the general principles governing sound public-sector financial management and the conduct of public officials.
For IT Audit, the emphasis is on the importance of IT in financial and compliance audit. This will be achieved by assessing internal control in an automated environment, application controls and general IT controls and the relationship between them. Also of importance is the consequences of weakness in automated controls and options for alternative approaches. The audit should be able to map ICT environments, map and understand business processes, assess risks, identify key controls and test controls, including application controls.
SCOPE OF ENGAGEMENT
The Consulting Services (“the Services”) is the following:
1. Geographic scope: The Office of the Auditor-General of Rivers State.
2. Functionality Scope:
(a) Streamline the business processes of the Office of the Rivers State Auditor-General by restructuring after evaluation and needs assessment.
(b) The domestication of AFROSAI-E guidelines and standards in the Office of the Auditor- General, Rivers State
3. Change management – the seamless integration of the AFROSAI-E guidelines and standards.
SUBMISSION OF EXPRESSION OF INTERESTS (EOIs)
The Rivers State Employment and Expenditure for Results Project 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
(i) evidence showing the fields of specialty of the firm (consultant’s profile/brochures)
(ii) evidence showing that the firm is a legal entity (certificate of registration),
(iii) evidence of registration with relevant authorities and professional bodies.
(iv) Evidence showing the technical and managerial capabilities of the firm in the field of assignment.
(v) experience of working in a similar geographical region,
(vi) Description of similar assignments,
(vii) Availability of appropriate skills among staff, and essential technology.
For each previous project performed, the consultant shall provide the name and contact address of the client (office & e-mail address, and telephone number), date(s) of execution, name(s) of lead and associate firms, contract amount and financing sources.
The attention of interested Consultants (firm) is drawn to paragraph 1.9 of the World Bank’s Guidelines: Selection and Employment of Consultants [under IBRD Loans and IDA Credits & Grants] by World Bank Borrowers [July 2014] (“Consultant Guidelines”) setting forth the World Bank’s policy on conflict of interest.
Consultants may associate with other firms in the form of a joint venture or a sub-consultancy to enhance their qualifications.
A Consultant will be selected in accordance with the Consultant Qualification Selection method set out in the Consultant Guidelines.
Further information can be obtained at the address below during office hours (10.00 am to 16.00 pm).
Expressions of interest must be delivered in a written form to the address below (in person, or by mail, or by e-mail) by May 12, 2020.
The Project Coordinator
State Project Coordinating Unit (SPCU)
10 Odi Street, Old GRA, Port Harcourt