National Treasury Request for Audit Services for the Technical Support and Capacity Building for Fiscal Decentralization Project

The Republic of Kenya
 

National Treasury
 

Provision of Audit Services for the Technical Support and Capacity Building for Fiscal Decentralization Project
 

Tender No: MOF/PFMR/EOI/04/2013-2014
 

Request for Expression of Interest – Firms
 

Country: Kenya
 

Public Financial Management Reform Programme
 

Introduction: The Government of Kenya has received a grant from the African Development Bank to finance the Technical support and capacity building for fiscal decentralisation in Kenya project. Part of the proceeds of this grant will be used to make eligible payments under the above contract for provision of audit services.
 

Description of the services/scope of assignment: The audit will be carried out in accordance with International Standards of Auditing (ISA) or International Organisation of Supreme Audit Institutions (INTOSAI) audit standards and will include such tests and controls, as the auditors consider necessary under the circumstances. 

In conducting the audit, special attention should be paid to the following:
 

(a) All Bank funds have been used in accordance with the conditions of the loan agreement, with due attention to economy and efficiency and only for the purposes for which the fund was provided;
 

(b) Goods and services financed have been procured in accordance with the grant agreement and in accordance with the Bank’s rules and procedures;
 

(c) All necessary supporting documents, records and accounts have been kept in respect of all project activities. Clear linkages should exist between the books of account and the financial statements presented to the Bank as well as level of disbursement and physical completion stage;
 

(d) Where special accounts have been used, they have been maintained in accordance with the provisions of the loan agreement and in accordance with the Bank’s rules and procedures;
 

(e) The financial statements have been prepared in accordance with International Accounting Standards (IAS) and Generally Accepted Accounting principles (GAAP) and give a true and fair view of the financial position of the project as at June 30, 2014 of its receipts and expenditures for the period ended on the above date.
 

(f) The auditor should carry out a comprehensive assessment of the adequacy and effectiveness of the accounting and overall internal control system to monitor expenditures and other financial transactions and ensure safe custody of project financed assets.
 

(g) The auditor should ascertain that the ledgers are maintained by the project as required by the Bank’s Disbursement Handbook as well as a fixed asset register.
 

The National Treasury now invites eligible consultants to express their interest in providing these services. 

Interested consulting firms must provide information indicating evidence of their academic and professional qualifications, proven track record and competence; demonstrate evidence of solid and similar previous experience in the Public Sector/Donor financed projects. 

Detailed Curriculum Vitae and profiles with references of previous contracts and assignments should accompany the applications.

Eligibility criteria, establishment of the short-list and the selection procedure shall be in accordance with the Public Procurement and disposal act 2005 revised June 2013.

Interested consulting firms may obtain further information at the address below during office hours, 8am to 5pm Monday to Friday except during lunch time 1pm to 2pm local time. 

Detailed Terms of Reference for the assignments can be obtained on the following websites: www.pfmr.go.ke or www.treasury.go.ke, orwww.ppoa.go.ke. 

Or picked from office No.815,8th floor,Bima House ,Harambee Avenue.
 

Expressions of interest clearly marked with reference number on the envelope MUST be delivered to the address below by Monday May 12th 2014 at 10.00am. 

Late submission of applications will not be accepted whatsoever.
 

The Principal Secretary
National Treasury
Attn: The Program Manger,
Public Finance Management Reforms Secretariat
8th Floor, Bima House - Harambee Avenue
P.O. Box 30007-00100
Nairobi

Tel: 020 2242452

E-mail: pfmsecretariat@gmail.com; pfmsecretariat@treasury.go.ke