Recruitment of Consultant to Develop Dividend Policy for State-Owned Enterprises in The Gambia — Fiscal Management Development Project

Original title: Development of a Dividend Policy for the State-Owned Enterprises (SOE) of the Gambia

Deadline

July 21, 2023

Closed

Published on July 6, 2023 at 12:00 AMModified on June 20, 2026 at 01:09 AM

Key information

Type: Audit & Finance
Location: Gambia, The
Deadline: July 21, 2023 at 12:00 AMClosed
Estimated Value: Not disclosed
Language of Notice: English

What is this tender about?

Recruitment of Consultant to Develop Dividend Policy for State-Owned Enterprises in The Gambia — Fiscal... is an audit & finance procurement opportunity published by Public Private Partnerships and Public Enterprises in Gambia, The on July 6, 2023. Submissions closed on July 21, 2023. 1 official document is attached below.

The submission of a completed Dividend Policy for comprehensive review and feedback by the SOEs
Analyze the current financial position of SOEs to determine the viability of implementing a dividend policy for the commercial SOEs, and the impact of the dividend policy on their financials. • Conduct research on best practices regarding dividend policy across countries within the sub region. • Develop a detailed implementation plan and establish a mechanism for monitoring and evaluating the dividend policy
An extensive engagement of the Board of Directors of the SOEs on their feedback in relation to the proposed Dividend Policy;
Explore the possibility of institutionalizing interim dividend on the policy Individual Qualifications, Experience, Competencies and Specifications The assignment will require the services of an individual consultant with extensive experience in the operations of State-Owned Enterprises (SOEs). The individual consultant should have strong experience in policy formulation, implementation, monitoring and evaluation necessary for the attainment of desired results. He/ She should have reasonable knowledge in the following areas: • Extensive experience working in the SOE sector (Telecoms Industry, Petroleum, Agriculture, Logistics, Energy, Transportation) at management level
Proven expertise/experience in the development of SOE dividend policy
Knowledge on International Financial Reporting Standards (IFRS) and other regulatory Financial Reporting guidelines / framework. • Thorough understanding of Performance Management Contracts and their effective application within the SoE landscape
Public Governance, Risk and Ethics and the application of OECD SOE Governance guidelines. • Policy analysis, formulation and implementation within the SOE sector. Consultant’s Qualifications The Consultant shall provide an abridged CV (of no more than three pages of A4 size). At a minimum, the resume of the Consultant should include the following: name, education, training, technical experience, functional experience, relevant and related experience, past and present projects with dates and responsibilities and any applicable document. The Consultant should, at a minimum, have the following Qualification, Experience and Skills in their respective areas: • At least a master’s degree in any of the following fields – Business Administration, Human Resources Management, Accounting, Audit, Economics or Management, Public Policy or financial management. • Expertise in the development of Dividend Policy is a must
A professional qualification in Accounting and Finance such as ACCA, CIMA, and CPA, will be an added advantage. • At least 10 years of practical experience in Policy Formulation, Implementation and SOE’s oversight, business plan development, Human Resources Management, Performance Management and Investment appraisal. • Proven success in supporting the improvement of SOE performance and developing SOE Corporate policies, KPI and capacity building plan. • Strong communication and writing skills Expected Duration • All activities/deliverables should be completed within three months of signing the contract. Submission of Expressions of Interest: The Gambia Fiscal Management Development Project now invites eligible individual consultants to express 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” July dated July 2016 and revised November 2017 and August 2018 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Individual Consultants (IC) selection method set out in the Consultant Guidelines. Further information 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 mail) on or before 21 July 2023 at 12h30 GMT to nsosseh@gfmdp.com and ygassama@gfmdp.com

What are the key dates?

Publication
July 6, 2023
Bid Submission Deadline
July 21, 2023
Evaluation & Award
Pending
Contract Signature
Pending

Procuring Entity

Name: Public Private Partnerships and Public Enterprises
Country: Gambia, The
Contact person: Anta Taal
Phone: Create a free account to view

Which documents are available?

Tender Details
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