Development of Risk-Based Internal Audit Tools and Techniques — Ministry of Finance and Economic Affairs, The Gambia

The Gambia Public Administration Modernization for Citizen Centric Service Project Ministry of Finance and Economic Affairs The Quadrangle, Banjul, The Gambia Request for Expressions of Interest for Consulting Services Country: The Republic of the Gambia Project Title: The Gambia Public Administration Modernization for Citizen Centric Service Delivery Grant Number: IDA- E3820 Project ID NO: P176924 Assignment Title: RECRUITMENT OF A TECHNICAL ASSISTANT TO DEVELOP A COMPREHENSIVE RISK-BASED INTERNAL AUDIT (RBIA) TOOLS AND TECHNIQUES, AND A FOLLOW-UP STRATEGY ON THE IMPLEMENTATION OF AUDIT RECOMMENDATIONS Procurement Method: Consultant Selection – Individual Consultant” method. (CS-INDV) Reference No. GM-CPCU - MOFEA-502605-CS-INDV Background: The Directorate of Internal Audit is the internal audit function of the Government of the Gambia structured within the Ministry of Finance and Economic Affairs providing internal audit services across the entire Government Ministries, Departments and Agencies, Government Projects, Local Government authorities, and Gambians Missions abroad. Annually the directorate develops and implements its annual risk based internal audit plan covering the key risks factors affecting the attainment of the organizational objectives in the selected MDAs. On these grounds, a Technical Assistant (TA) is needed to develop a Risk-Based Internal Audit (RBIA) Tools and Techniques and a comprehensive Audit Follow-up Strategy on the implementation of audit recommendation. Objective of The Assignment: The TA, will closely work with the Directorate and will be expected to undertake the following; • Develop comprehensive RBIA tools and techniques aligned with best international practices and in accordance with the Global Internal Audit Standards. • Design and document a standardized Audit Follow-up Strategy for internal and external audit recommendations. • Establish effective monitoring, reporting and escalation protocols for audit issues. • Enhancing the capacity of internal audit staff through practical training and knowledge transfer. Scope of Work: The individual consultant will be required to: • Review existing internal audit and audit follow-up practices • Identify capacity, process, and policy gaps in current audit follow-up mechanisms. • Design standard RBIA tools, templates and practical guidance manuals. • Develop a detailed audit follow-up strategy and structured escalation framework in line with GIAS and the DIA Internal Audit Charter. • Facilitate hands-on training sessions and workshops for key DIA staff • Provide guidance for institutionalizing the new strategy and tools. Duration: The assignments shall run for a period of 60 working days. Full TOR Availability Notice The full Terms of Reference (TOR) will be made available upon request. Please send your request via email to the addresses provided below. Submission of Expressions of Interest: The Ministry of Finance and Economic Affairs (MoFEA) through the Gambia Resilience Inclusive Skills and Equity Project (RISE), now invites eligible individual 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 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 February 2025 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Individual Consultant Selection Method (CS-INDV) set out in the Consultant Guidelines. Further information and Terms of Reference can be obtained at the address below during office hours from 09:00 to 16:00 Monday to Thursday and 09:00 to 12h30 on Friday. Expressions of interest should be delivered in a written form to the address below (in person, or by email) on or before 26 September at 12h30 GMT Central Project Coordination Unit Royal Insurance Building 2nd Floor, Kotu Bertil Harding Highway The Gambia Email: nsosseh@cpcumof.gm, mktouray@cpcumof.gm ygassama@cpcumof.gm, rsey@cpcumof.gm