This tender seeks qualified service providers for the compilation of Annual Financial Statements (AFS) for the 2025-26 financial year, ensuring compliance with GRAP standards. Bidders must demonstrate relevant experience and expertise in local government financial reporting.
The Ingquza Hill Local Municipality invites tenders for the compilation of Annual Financial Statements (AFS) for the financial year 2025-26. This project aims to ensure compliance with the Municipal Finance Management Act (MFMA) and Generally Recognized Accounting Practice (GRAP) standards. The successful bidder will be responsible for preparing the AFS, addressing prior audit queries, and providing ongoing audit support. Key deliverables include a comprehensive assessment report, a clear project plan with timelines, and the submission of the final draft AFS by August 15, 2026.
Bidders must possess a proven track record in preparing GRAP-compliant AFS within a municipal context, with a focus on achieving unqualified audit opinions. The evaluation criteria will prioritize functionality, including company experience and expertise, with a minimum score required to proceed to price evaluation. Furthermore, the tender encourages participation from women-owned, youth-owned, and businesses owned by individuals with disabilities, aligning with specific goals outlined in the tender documentation. This project presents an opportunity for firms specializing in municipal financial services to contribute to the effective financial governance of the Ingquza Hill Local Municipality.
This tender is suitable for accounting firms, financial consultants, and service providers with expertise in municipal finance and experience in preparing annual financial statements in compliance with GRAP standards.