Recruitment of External Auditor for GERMP — World Bank

REQUEST FOR EXPRESSIONS OF INTEREST

The Gambia

Electricity Restoration and Modernization Project (GERMP)

Loan No./Credit No./ Grant No.: IDA/D3090

Assignment Title: External Auditor for GERMP

Reference No.: GM-NAWEC-100229-CS-QCBS

Republic of the Gambia has received financing from the World Bank toward the cost of the Electricity Restoration and Modernization Project (GERMP), and intends to apply part of the proceeds for consulting services of the External Auditor for GERMP.

The consulting services (“the Services”) include providing assistance to National Water and Electricity Company (NAWEC) in the following main areas for each auditing period:

(a) Auditing of the Project Financial Statements (PFS) of GERMP in accordance with International Accounting Standards (IAS) and World Bank requirements;

(b) Verification of Statement of Expenditures (SOE) and unaudited Interim Financial Reports (IFR);

(c) Review of Designated project account activities;

(d) Preparing Audit Report for GERMP, which will include audit opinion and address, inter alia, issues of fraud and corruption, compliance with laws and regulations, governance and risks;

(e) Preparing Management Letter.

It is envisaged that the services of the External Auditor will be provided during the period of 3 years and cover the following auditing periods:

November 2018-December 2019;

January 2020-December 2020.

January 2021-December 2021

National Water and Electricity Company 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:

The interested consulting firm should have (as single company or jointly if associated with other companies):

-At least 5 years of experience in the area of auditing in accordance with IAS;

-Experience in auditing of at least one project financed by the World Bank within the last five years;

-A firm should have successfully implemented (completed) at least 1 contracts of similar nature and complexity in the past 5 years in developing countries;

-A firm should be registered with Gambia Institute of Chartered Accountants (GICA) and have necessary up-to-date permits to perform auditing services in The Gambia.

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 2016 (“Procurement Regulations”), 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 Least- Cost-Based Selection (LCS) method set out in the Consultant Guidelines.

Further information can be obtained at the address below during office hours.

Expressions of interest must be delivered in a written form to the address below (in person, or by mail, or by fax, or by e-mail) by April 30th, 2019.

National Water and Electricity Company

Attn: Haddy Njie, Project Coordinator

53 Mamadi Maniyang Highway

Kanifing, K.M.C.

P.O.Box 609, Banjul

The Gambia

Tel: +220 4376607 / 4376608

Fax: +220 4375990

E-mail: [email protected], [email protected]