Preparation of GRAP Compliant Financial Statements

uThukela Water (Pty) Ltd is seeking qualified professional service providers to prepare Annual Financial Statements that comply with the Generally Recognized Accounting Practice (GRAP) for the financial year 2025/2026. The successful bidder will utilize CaseWare software to ensure accuracy and compliance with relevant financial regulations. Bidders must be registered with the South African Institute of Chartered Accountants (SAICA) and the Central Supplier Database (CSD) to be eligible for consideration.

The evaluation of bids will follow the Preferential Procurement Regulations, 2022, utilizing an 80/20 point system, where preference points will be awarded based on specific goals claimed by the service providers. A minimum functionality score of 70% is required to progress to the next evaluation stage. Bids must be submitted in sealed envelopes to the official tender box at uThukela Water's Newcastle office by the specified closing date, with late submissions or those sent via email or fax not being considered. This tender presents a valuable opportunity for qualified accounting firms to contribute to the financial integrity of a key public utility.