Expression of Interest for the Solid Minerals Industry Audit 2014 at Nigeria Extractive Industries Transparency Initiative (NEITI)
Federal Government of Nigeria
Nigeria Extractive Industries Transparency Initiative (NEITI)
Request for Expressions of Interest
Financial, Physical and Process Audit of the solid Minerals Industry
Background
The Nigeria Extractive Industries Transparency Initiative (NEITI) is mandated by law to promote transparency and accountability in the management of Nigeria’s oil, gas and mining revenues. NEITI is the national version of the Extractive Industries Transparency Initiative (EITI), which is a global movement aimed at ensuring that extractive resources aid sustainable development.
Pursuant to the above, NEITI intends to apply part of the proceeds allocated to it by the Federal Government of Nigeria for the procurement of Auditors/Consultants for the continuation of its annual audits covering Financial, Physical and Process aspects of the Solid Minerals Industry.
(1) Scope of Work
The scope of services includes the following:
(i) Report payments by companies and receipts by relevant government agencies duly reconciled in accordance to the EITI requirements.
(ii) Report on the quantities of solid minerals produced (extracted and mined) exported and imported
(iii) Validate all payments by companies and government agencies to determine accuracy and completeness and report all underpayments and balances payable to the Federation
(iv) Review the policies and procedures on collection, custody and management of funds and make recommendations that will enhance the efficiency and transparency of the sector.
(v) Reporting will be under the New EITI Standards of 2013.
The Auditors/Consultants would be required to carry out the assignment within a period of six (6) months.
Accordingly, NEITI invites Expressions of Interests from suitably qualified Auditors /Consultants with experience in Financial, Physical and Process Audit for the assignments.
Track record in EITI processes will be added advantage and International Consultants shall partner with local counterparts in conformity with the local content provisions and EITI Rules.
Pre-Qualification Requirements
Expression of Interest from eligible Consultants should include the following information as basis for pre-qualification.
- Evidence of Registration with Corporate Affairs Commission
- Current Tax Clearance (For year 2014 expiring Dec ember 2015). Firms should attach a print out of the Tax Clearance Certificate and not an electronic card in lieu of Tax Clearance Certificate.
- Evidence of compliance to the Pension Reform Act 2004 (only certificate of compliance from PENCOM will be accepted).
- Evidence of compliance to the Industrial Training Fund Act Amended 201
- Evidence of Registration with the Financial Reporting Council of Nigeria (FRC)
- Profile of Auditors/Consultants including ownership structure; Names and Curriculum Vitae of the Firm’s top executives who will work on this assignment, including qualification and individual experience in handling similar assignments.
- Details of similar assignment executed in the last five years.
- Audited financial statements for the last Three years.
- For firms applying as consortium, evidence of alliance/partnership between consortium members:
Auditors/Consultants will be selected under Quality and Cost Selection Method (QCBS) in accordance to the provisions of the Public Procurement Act 2007.
Submission of Expressions of Interest
One original + five copies (and a softcopy on CD ROM) of the Expression of Interest for each of the assignments must be submitted in a sealed envelope clearly marked “Expression of Interest for the Solid Minerals Industry Audit 2014”.
Prospective Auditors should note the following provisions of NEITI Act 2007:
(i) Section 4 (5) – An auditor/or auditing firm that has audited any extractive industry company in any given year shall not be appointed in the same year for the NEITI Industry Audits.
(ii) Section 4 (6) – An auditor/or auditing Firm shall not be engaged for more than two years consecutively.
Therefore firms affected by this provision need not to apply.
The EOIs must be delivered not later than 4.00 pm., (GMT 15.00hrs) on 24 August 2015 at the address indicated below:
The Executive Secretary
Nigeria Extractive Industries Transparency Initiative
4th Floor Murjanatu House
1, Zambezi Crescent, Off Aguiyi Ironsi Street
Maitama, Abuja
Attention: Procurement
Tel: +234 9 290 6545
E-mail: procurement@neiti.org.ng
Web site: http://www.neiti.org.ng
Only short-listed applicants will be issued Requests for Proposal (RFPs)
