The Nongoma Municipality seeks qualified service providers to conduct an investigation into unauthorized, irregular, fruitless, and wasteful expenditure (UIFW) for the financial year 2025/2026, as per MFMA Section 32. The project aims to enhance accountability and compliance.
The Nongoma Municipality is inviting bids for the provision of UIFW Expenditure Investigation Services for the financial year 2025/2026. This investigation will focus on approximately 150 transactions, ensuring compliance with the Municipal Finance Management Act (MFMA) and related guidelines. The successful bidder will work closely with the Municipal Public Accounts Committee (MPAC) to gather data, verify findings, and report on unauthorized, irregular, fruitless, and wasteful expenditures. Key tasks include data collection, analysis, and the formulation of recommendations to improve internal controls and prevent future occurrences of UIFW.
The appointed service provider will be expected to deliver a comprehensive final report to the MPAC for tabling to the council by July 31, 2026. The investigation must adhere to the standards set forth by National Treasury Circular 68, ensuring transparency and accountability throughout the process. This tender is an excellent opportunity for firms with expertise in municipal finance, forensic accounting, and compliance investigations to contribute to good governance in local government.
This tender is suitable for accounting firms, forensic investigation agencies, and consultants with experience in municipal finance and compliance. Businesses with a proven track record in conducting similar investigations and a strong understanding of the MFMA and related regulations are encouraged to apply.