Invitation for the supply, development, customization, delivery, and implementation of an Expected Credit Loss (ECL) model in accordance with GRAP 104 for the financial year ending June 30, 2026.
The Govan Mbeki Local Municipality is seeking qualified vendors to provide a comprehensive Expected Credit Loss (ECL) model that complies with the Generally Recognized Accounting Practice (GRAP) 104. This tender encompasses the entire process from supply and development to customization, delivery, and implementation of the ECL model, which is essential for accurate financial reporting and risk management for the financial year ending June 30, 2026.
Bidders are required to submit their quotations by 12:00 PM on June 4, 2026. The successful vendor will be expected to demonstrate expertise in financial modeling and compliance with municipal finance regulations. The project aims to enhance the municipality's financial management capabilities, ensuring transparency and accountability in financial reporting. Interested parties must provide a non-refundable fee for the tender documents and comply with specified requirements, including local production thresholds and submission of mandatory documentation to avoid disqualification.
This tender is suitable for financial consulting firms, software development companies specializing in financial applications, and organizations with expertise in municipal finance and compliance with GRAP standards.