Republic of Angola

MINISTRY OF ECONOMY AND PLANNING

INSTITUTIONAL CAPACITY BUILDING FOR PRIVATE SECTOR DEVELOPMENT PROJECT

EXPRESSION OF INTEREST

(CONSULTING FIRMS)

FIRM TO AUDIT THE PROJECT FINANCIAL STATEMENTS FOR THE PERIOD ENDING IN DECEMBER 2020 AND IN DECEMBER 2021 IN ANGOLA

Reference Loan Agreement: 2000130012581

Project No. P-AO-K00-0006

 

The Government of Angola (GoA) has received a loan from the African Development Bank (AfDB) towards the cost of the Institutional Capacity Building for Private Sector Development Project (ICBPSD) and intends to apply part of the agreed amount for this loan to payments under the contract to recruit an audit firm to perform the audit on the Project financial statements for the period 2020 and 2021.

The objectives of the audit are: (i) To obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, thereby enabling the auditor to express an opinion on whether the financial statements are prepared in all material respects, in accordance with an applicable financial reporting framework; (ii) To enable the auditors to express an independent professional opinion on the financial position of the Project, to assure that the Project funds have been used for their intended purposes and in accordance with the provisions of the Loan/Grant Agreement(s); and (iii) To report on the financial statements and communicate as required by the International Standards on Auditing (ISAs) in accordance with the auditor’s findings.

The external audit services will cover the following two fiscal years :

  • 1 January 2020 to December 2020 ;
  • 1 January 2021 to December 2021.

The Ministry of Economy and Planning now invites eligible consulting firms to indicate their interest in providing these services. Interested consultants must provide information indicating that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.). Consultants may constitute joint-ventures to enhance their chances of qualification.

Eligibility criteria, establishment of the short-list and the selection procedure shall be in accordance with the African Development Bank’s “Rules and Procedures for the use of Consultants” dated May 2008 and revised in July 2012, which is available on the Bank’s website at http://www.afdb.org.

Interested consultants may obtain further information at the address below during office hours from 08:00-16:00, local time.

Expressions of interest must be delivered to the address below by May 15, 2020 at 15:00 (local time) and should mention : “FIRM TO AUDIT THE PROJECT FINANCIAL STATEMENTS FOR THE PERIOD ENDING IN DECEMBER 2020 AND IN DECEMBER 2021 IN ANGOLA”.

Attn: Mr. Nunes Pires

Project Coordinator

Project Management Unit

Institutional Capacity Building for Private Sector Development Project (ICBPSD), Avenida do 1º Congresso do MPLA, Edifício CIF Luanda ONE, 11º, Luanda, Angola;

E-mail : projetodecapacitacao@mep.gov.ao.

Tel :+244/940-645-495

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