This tender has closed on 18 June 2026.
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This tender seeks qualified service providers to conduct internal audit reviews specifically for high value tenders. Key requirements include experience in auditing tenders over R100 million and adherence to IIA standards.
The Passenger Rail Agency of South Africa (PRASA) is inviting bids for internal audit services focused on high value tenders. The selected service provider will be responsible for assessing the adequacy, design, and effective implementation of controls throughout the tender process. This includes procurement planning, bid evaluation, governance oversight, and risk management. The audit must align with PRASA's internal audit methodology and IIA standards, ensuring a comprehensive review that enhances transparency and compliance.
Bidders must demonstrate substantial experience in conducting audits of high value tenders, specifically those exceeding R100 million, and provide reference letters to substantiate their capabilities. The project is expected to be completed within the specified timelines, with deliverables including a final audit report, management comments, and action plans. This opportunity is ideal for firms with a strong background in internal auditing, particularly in the public sector, and those capable of providing specialized resources as required by PRASA.
This tender is suitable for auditing firms with expertise in high value tender audits, particularly those with experience in public sector projects and compliance with IIA standards. Businesses that can provide qualified personnel and demonstrate a track record of successful audits in similar environments are encouraged to apply.