Seeking a professional service provider to conduct a GRAP 25 compliant actuarial valuation of employee benefits as of June 2026. This valuation is crucial for financial reporting and compliance with accounting standards.
The Msukaligwa Local Municipality is inviting tenders for the appointment of a professional service provider to perform an actuarial valuation of employee benefits in accordance with GRAP 25 standards, effective June 2026. The successful bidder will be responsible for assessing the municipality's obligations related to employee benefits, including pension and post-employment benefits, ensuring compliance with the relevant accounting frameworks.
The scope of work includes the preparation of detailed actuarial reports, providing recommendations for funding strategies, and assisting in the interpretation of the valuation results. The appointed service provider will also be expected to collaborate with municipal finance teams to ensure that the valuation aligns with the overall financial strategy and reporting requirements. This valuation is essential for maintaining transparency and accountability in the municipality's financial statements, ultimately supporting sound financial management and planning.
This tender is suitable for actuarial firms and financial consultants with expertise in employee benefits and compliance with GRAP standards. Businesses with a proven track record in municipal or public sector valuations will find this opportunity particularly relevant.