Seeking a service provider for the customization, delivery, and implementation of an Expected Credit Loss (ECL) model along with Annual Financial Statements (AFS) support, ensuring compliance with GRAP 104 for a period of 24 months.
The South African Qualifications Authority (SAQA) is inviting proposals for the appointment of a service provider to supply, deliver, customize, and implement an Expected Credit Loss (ECL) model. This project includes providing comprehensive support for Annual Financial Statements (AFS) to ensure compliance with the Generally Recognized Accounting Practice (GRAP) 104 standards. The engagement will span a duration of 24 months, during which the selected provider will be responsible for delivering tailored solutions that meet the specific financial reporting needs of SAQA.
The successful bidder will need to demonstrate expertise in financial modeling and compliance with GRAP standards, as well as experience in delivering similar projects within the public sector. Key deliverables include the development of a robust ECL model, training for SAQA staff on its implementation, and ongoing support to ensure the model's effectiveness and compliance throughout the contract period. This tender presents a valuable opportunity for businesses specializing in financial services and compliance solutions to contribute to the enhancement of SAQA's financial reporting capabilities.
This tender is suitable for businesses that specialize in financial modeling, compliance consulting, and implementation of accounting standards, particularly those with experience in public sector projects and GRAP compliance.