The NHLS seeks qualified bidders to conduct asset verifications, review useful lives, perform impairment tests, and update the Fixed Asset Register (FAR) across all locations. This six-month project also includes addressing audit findings and providing support for the upcoming financial years.
The National Health Laboratory Service (NHLS) invites proposals from suitably qualified bidders to undertake comprehensive asset verification services across all NHLS locations. This project involves reviewing the useful lives of assets, conducting impairment tests, and updating the Fixed Asset Register (FAR) to ensure compliance with financial regulations. Bidders will also be required to assist in addressing audit findings from the 2023/24 and 2024/25 financial years, as well as provide audit support during the 2025/26 financial year.
The successful bidder will play a crucial role in enhancing the integrity of NHLS's financial reporting and asset management practices. This six-month engagement will require a thorough understanding of asset management principles, auditing standards, and the ability to collaborate effectively with NHLS staff. The project aims to ensure that all assets are accurately recorded and valued, thereby supporting NHLS's commitment to transparency and accountability in its financial operations. By participating in this tender, businesses will contribute to the improvement of public health services in South Africa while also gaining valuable experience in the public sector.
This tender is suitable for consulting firms and audit service providers with expertise in asset management, financial compliance, and public sector auditing. Businesses with a proven track record in similar projects and a deep understanding of healthcare regulations will find this opportunity particularly relevant.
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