Nala Local Municipality seeks qualified service providers to compile GRAP-compliant annual financial statements for the 2025/26 financial year. Bidders must demonstrate relevant experience and submit a detailed methodology for the project.
The Nala Local Municipality is inviting bids for the compilation of GRAP-compliant annual financial statements for the financial year 2025/26. This project involves a comprehensive review and update of the municipality's financial records, ensuring accuracy and compliance with the Generally Recognized Accounting Practice (GRAP) standards. The successful bidder will be responsible for correcting prior period errors, preparing adjusting journals, and compiling the annual financial statements using CaseWare software, which will be provided by the municipality.
Bidders must have substantial experience in local government financial reporting and demonstrate proficiency in GRAP compliance. A detailed project plan, including timelines and a skills transfer program for municipal officials, is essential. The evaluation will focus on compliance with submission requirements, functionality, and price, utilizing an 80/20 preference points system. This tender presents an opportunity for qualified firms to contribute to the financial integrity of the Nala Local Municipality while enhancing their portfolio in public sector financial management.
This tender is suitable for accounting firms, financial consultants, and service providers with expertise in GRAP compliance and experience in local government financial reporting.