This tender has closed on 19 May 2026.

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GRAP 104 Implementation Services

Closed Closing: 19 May 2026 at 11:00 Published: 13 May 2026

Overview

Summary

Seeking a qualified service provider to assist with the implementation of the revised GRAP 104 for the 2025/26 financial year. The engagement will last for five months, focusing on compliance and technical support.

Detailed Description

The Johannesburg Development Agency (JDA) is inviting proposals from experienced service providers to facilitate the implementation of the revised Generally Recognised Accounting Practice (GRAP) 104 for the upcoming 2025/26 financial year. This project entails a comprehensive scope of work, including the development of a GRAP-compliant financial instruments register, classification of financial instruments, and the creation of impairment calculation models. Additionally, the service provider will assist in updating accounting policies, conducting risk assessments, and ensuring compliance with the new standards.

The successful bidder will be responsible for transferring skills to the JDA's finance division, ensuring that staff are equipped with the necessary knowledge to maintain compliance post-implementation. This project not only aims to achieve regulatory compliance but also to enhance the overall financial reporting framework of the agency, thereby improving transparency and accountability in financial management.

Suitable Businesses

This tender is suitable for accounting firms, financial consultants, and service providers with expertise in GRAP standards and public sector financial management. Businesses with a proven track record in similar projects and those affiliated with professional bodies like SAICA are encouraged to apply.

Documents

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Briefing Information

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