The Gauteng Enterprise Propeller seeks proposals for outsourced internal audit services for a three-year term. Bidders must demonstrate extensive experience in public sector audits and compliance with relevant regulations.
The Gauteng Enterprise Propeller (GEP) is inviting proposals for the provision of outsourced internal audit services over a period of three years. The appointed service provider will play a critical role in enhancing GEP's governance, risk management, and internal control systems. This includes developing a strategic internal audit plan, executing audits in accordance with IIA standards, and providing comprehensive reports to management and the Audit and Risk Governance Committee.
Bidders must have a minimum of ten years of experience in the public sector audit environment, with proven capabilities in auditing Developmental Finance Institutions (DFIs). Key requirements include registration with the National Treasury's Central Supplier Database, relevant professional body affiliations, and a solid track record of delivering similar services. The successful bidder will be expected to engage in various audit assignments, coordinate with internal and external assurance providers, and ensure compliance with the Public Finance Management Act and Treasury Regulations.
This tender is suitable for established audit firms with significant experience in public sector audits, particularly those with a focus on governance and risk management. Companies must be registered with relevant professional bodies and have a proven track record in providing internal audit services to government entities.