Annual Financial Statements and GRAP Support Services

The Road Traffic Infringement Agency (RTIA) has invited suitably qualified service providers to submit proposals for the appointment of a professional services provider for a 24-month period. The engagement covers three core areas: preparation of the Agency's Annual Financial Statements, technical support on the Generally Recognised Accounting Practice (GRAP) framework, and support for quarterly financial reporting. The scope is based on the tender title, as the document content could not be extracted for this analysis. Prospective bidders should review the full tender documents, including the Tender Document AFS and SBD 3.3 AFS, for detailed specifications, deliverables, reporting timelines, and evaluation criteria.

The appointed provider is expected to support the Agency in meeting its statutory financial reporting obligations under the Public Finance Management Act (PFMA) and related National Treasury requirements. Annual Financial Statements must be prepared in accordance with GRAP standards, and the Agency requires ongoing technical guidance on the interpretation and application of these standards. Quarterly reporting support is intended to help the Agency produce timely and accurate interim financial information for oversight and governance purposes. The exact deliverables, meeting schedules, and staffing requirements should be confirmed in the tender documentation.

The engagement offers a stable, long-term contract of two years, which provides value through continuity and the opportunity to build a sustained working relationship with a public sector entity. It is also a chance to contribute to improved financial governance and transparency within a national government agency. A briefing session has been scheduled, and bidders are encouraged to attend to clarify requirements before the closing date of 11 November 2026.