Nkangala District Municipality seeks a panel of three professional service providers for the review of annual financial statements and consolidated financial statements for three years. Key requirements include relevant experience and professional indemnity insurance.
The Nkangala District Municipality is inviting tenders for the appointment of a panel of three professional service providers to conduct reviews of annual financial statements for the municipality and consolidated financial statements for both the municipality and NEDA over a period of three financial years. This tender aims to ensure compliance with GRAP standards and enhance the quality of financial reporting. The selected service providers will be responsible for reviewing financial statements, supporting schedules, and accounting policies, ensuring adherence to regulatory requirements and best practices.
The scope of work includes mobilization, execution, and finalization phases, which involve establishing a steering committee, confirming project charters, and executing detailed reviews of financial documentation. Providers must demonstrate relevant experience in similar projects, possess professional indemnity insurance of at least R1,000,000 per claim, and be registered on the Central Supplier Database (CSD). The successful bidders will play a crucial role in enhancing the financial integrity of the Nkangala District Municipality, contributing to transparent governance and accountability.
This tender is suitable for accounting firms, audit firms, and financial consulting companies with experience in municipal financial reporting and compliance with GRAP standards. Businesses must have the capacity to provide professional indemnity insurance and demonstrate a track record of similar projects.