Request for Expressions of Interest at National Road Fund Agency
(CONSULTING SERVICES)
EXTERNAL AUDIT FOR IMPROVED RURAL CONNECTIVITY
PROJECT (P159330)
RFP No. NRFA/CS/101/2022 27/10/2022
The Government of the Republic of Zambia (GRZ) has received financing (US$200m) from the World Bank in the form of a credit for the Improved Rural Connectivity Project (IRCP) whose objectives are: Improve Zambia's rural roads accessibility for communities in selected areas, strengthen institutional capacity for sustainable management of rural roads and respond promptly and effectively to Eligible Crisis or Emergency.
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The National Road Fund Agency (NRFA) wishes to apply part of the proceeds of the credit towards engagement of External Auditors for the provision of consultancy services for the financial audit of the Project.
The objective of the engagement is for the Auditor to carry out an audit of the financial statements of the Project for the Period 2022 to 2024 in accordance with International Standards on Auditing in order to express an opinion on the following: -
i. Whether the financial statements present fairly, in all material respects, the
financial position of the Project for the Period 2022 to 2024 and of its financial performance and its cash flow for the years in accordance with International Public Sector Accounting Standards (IPSAS): and
ii. Whether, in all material respects, the funds have been applied for the purposes intended under the Project and the financial transactions conform to the authorities which govern them.
The National Road Fund Agency (NRFA) now invites eligible consultants/auditors to indicate their interest in providing the aforementioned services. Interested firms must provide information indicating that they are qualified to perform the services through brochures, description of similar assignments, availability of appropriate skills among staff, etc. Consultants may constitute joint ventures to enhance their chances of qualification
Eligibility of the consultant shall be based on:
i. Experience of the firm,
ii. Experience of the firm in similar assignments,
iii. Number of years in Consultancy
iv. Qualification and experience of Principals (key Staff of the firm, such as
Engagement Partner, Engagement Manager and Engagement Supervisor who may not be considered to carry out the assignment but are critical for the smooth and continued running of the firm)
v. Core Field of specialization
vi. Registration of the Firm with the Zambia Institute of Chartered Accountants.
Submission Procedure
The attention of interested Consultants 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 2011 ("Consultant Guidelines"), setting forth the World Bank's policy on conflict of interest.
A Consultant will be selected in accordance with the Selection Based on the Least Cost Selection (LCS) method set out in the Consultant Guidelines.
NRFA is under no obligation to shortlist any consultant who expresses interest.
Interested parties must submit their Expressions of Interest via ZPPA E-GP System.
The deadline for submission of the proposal is: 25 November, 2022 at 10:00 hours
Suzyo Chirwa
Manager Procurement
For/Director and Chief Executive Officer
NATIONAL ROAD FUND AGENCY
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