Financial Viability Assessment Services

The North West Provincial Treasury, on behalf of the North West Development Finance (NWDF) context implied by the reference, is seeking a qualified service provider to undertake a financial viability assessment of Mmabana Arts Culture and Sports Foundation, a provincial public entity in the North West Province. The assignment requires the appointed consultant to critically evaluate the Foundation's current financial position, including its revenue streams, cost structures, liquidity, reserves, funding dependencies, and governance of financial processes. The assessment is intended to determine whether the entity is financially viable in the medium to long term and to identify the factors that currently constrain its sustainability.

Following the diagnostic phase, the service provider is expected to develop specific, practical initiatives aimed at improving the Foundation's financial health. These may include recommendations on revenue diversification, cost containment, budgeting and forecasting practices, cash flow management, internal financial controls, and compliance with the Public Finance Management Act (PFMA) and relevant National Treasury regulations. Recommendations should be realistic, measurable, and implementable within the Foundation's operating environment, with clear prioritisation and indicative timelines and responsibilities.

Bidders should note that the full scope of work, evaluation criteria, pricing requirements, and mandatory submission documents are set out in the Request for Quotation (RFQ) document available for download on the eTenders portal. Prospective service providers should ensure they meet all compliance requirements, including valid tax clearance, B-BBEE certification, and CSD registration, and should demonstrate relevant experience in public sector financial analysis, entity assessments, or public finance advisory work. Given the closing date of 11 November 2026, interested parties should review the RFQ promptly and submit queries within the stipulated timeframe.