Request for Expression of Interest (REOI) at Adamawa State Public Sector Government Reform & Development Project (PSGR & DP)
Adamawa State Government of Nigeria
Public Sector Government Reform & Development Project (PSGR &DP)
Credit No. 4667-NG
Public Finance Management Consultancy
Request for Expression of Interest (REOI)
The Federal Government of Nigeria has received a credit from the International Development Association (IDA) towards the cost of implementing the Public Sector Governance Reform and Development Project (PSGR&DP) and intends to apply part of the proceed for consultancy service for the engagement of a qualified Public Finance Management Consultant. The Federal Government of Nigeria (FGN) is implementing similar reforms and has particularly undertaken an IPSAS (International Public Sector Accounting Standards) gap analysis and developed a multi-dimensional chart of accounts. To ensure consistency, and to align reform measures with the FGN, The Adamawa State Public Sector Governance Reform & Development Project now invites eligible consulting firms to indicate their interest in providing the services. Interested firms must provide information indicating that, they are qualified to perform the services (brochures, description of similar assignments, experience and evidence of similar assignment carried out in the past with relevant references, and availability of appropriate staff etc. The service of a consultant with considerable expertise in accounting and financial management in the public sector is required.
Objective of the Assignment:
The overall objective of the financial management reforms is to improve transparency, accountability and quality in Public Financial Management and Human Resources Management with a view to strengthen governance in participating States The objectives is also aimed at;
- Providing a system of accounting that reflects accurately and in accordance with recognized accounting standards, the How of transaction and the year end stock of financial resources of the State Government in a timely manner and serves as key instruments in the formulation and implementation of State Government Policies.
- Reinstating effective expenditure control by overhauling existing processes such as a commitment controls and payment authorization/approval and
- Rapidly enhancing the quality and number of professional staff in the service.
Scope of Services:
The Consultants to be selected will perform tasks that include but not limited to the following:
Budget Preparations:
- An assessment of the existing budget traditions and machinery in the State Civil Service including current practices, strengths and weaknesses and recommendations for improvement.
- An examination of the existing roles and responsibilities of Ministries, Departments and Agencies (MDGs) budding, economic planning, and expenditure control, including the identification of bottlenecks that have constrained budgeting and recommendation for addressing them.
- An assessment of skills gaps in budgeting, development sector strategies and economic management generally in key MDAs responsible for budgeting and economic planning.
- Develop Medium Term Fiscal Strategy Model and work with and train relevant staff of selected MDAs to develop Multi-Year Budget Framework and Medium Term Expenditure Framework (MYBF/MTEF).
- Rebuild processes and staff capacity to establish framework and basic infrastructure for the introduction of Medium Term Sector Strategies (MTSS) and MYBF in the State service by working with selected MDAs to develop MTSS and conducting training for its implementation.
- Assist the state in the implementation of a new unified national Standard Chart of Accounts Budget classification complaint with GFS/COFOG for the State.
- Determine immediate training needs in relevant ministries needed to implement the project as well as long term needs to sustain this project.
- Recommend training institutions to deliver training Work with selected MDAs to develop and implement MTSS inking account of similar developments at the Federal Government Level.
- Establish Frameworks and basic infrastructure for the introduction of MTSS and MYBF/MTEF in the State for FY14 budget.
- Conduct sensitization forums for key stakeholders: Mouse of Assembly, Permanent Secretaries, Directors of Finance & Accounts, and Budget Officers on MTSS. MYBF/MTEF.
- Any other activities that will fast-track and enhance the implementation of the MTSS and MYBF.
Accounting, Expenditure Control and Financial Reporting
- Conduct an extensive review of current accounting practice, highlighting in particular, their strengths and weaknesses.
- Develop a standard charts of accounts in line with the National Chart of Account and recommendations of the IPSAS gap analysis.
- Introduce new classifications such as function program, virtual poverty fund for introducing Multi-year Budget Framework (MYBF) and poverty related expenditure tracking, fund source and geographic location.
- Review existing business process of the Treasury Department from appropriation commitment control for budget execution, receiving accounting and recording, the receipt of monthly transactions from all spending MDAs to the production of trial balance, general ledger, monthly and Annual accounts to records management; a) Conduct a general review of the existing initial control environment including the effectiveness of initial audit due process and oilier internal control variable.
- Assist the Government in prioritizing the implementation of appropriate government accounting standards that are in full accord with IPSAS. These will necessarily include the
Qualification Requirement:
The consulting firm to be selected must be a Professional Accounting Firm with considerable experience in Public Sector Accounting and financial management whose key personnel include and posses the following:
Team Leader: a public financial management expert who must be a Professional Accountant with International recognized professional qualifications, plus n minimum of first degree in Economics. Business Administration or Accounting and not less than 15 years post qualification experience and also have participated in consultancy assignment in public sector accounting standard (IPSAS).
Other Key Staff: other key staff must also include public sector financial management expert with a minimum of 12 years experience, minimum of first degree in Economics/Business Administration/Public Finance or related field and must he ICT compliant.
Have vast knowledge of the Nigerian Public Sector and demonstrable experience and expertise in public sector accounting auditing and financial management reform in Nigeria or elsewhere.
Experience in similar assignment will be an added advantage.
Selection of Consultant
The prospective Procurement Consultant should submit Expression of interest detailing the following information as basis for pre-qualification:
- Profile of firm including ownership structure with full contact details.
- Specific experience in public finance management with government and or private sector.
- Evidence of budget preparation related to existing budget traditions and machinery in the State Civil Service including current practices
- Specific experience in the development of a standard charts of accounts in line with live National Chart of Accounts
- Evidence of capacity building/training in public finance management with government and or private sector.
- Public finance management experience with multilateral/ bilateral and development agencies
- Experience working in Nigeria and/or nub-Sabaran Africa.
The attention of interested Consultants is drawn to paragraph 1.9 of the World Bank’s Guidelines: Selection and Employment of Consultants under IBRD Loans and IDA Credits & Grants by World Bank Borrower, Revised January 2011. A firm will be selected under Quality and Cost Based Selection (QCBS) Method in accordance with the procedures set out in the Guidelines; Selection und Employment of Consultant under IBRD Loans and IDA credits by World Bank Borrower, January 2011. Interested consultants may obtain further information at the address below during office hours 0900 to 4.00 Monday through Friday -except public holidays.
The attention of interested Consultants is drawn to paragraph 1.9 of the World Bank’s Guidelines; Selection and Employment of Consultants under IBRD Loans and IDA Credits & Grants h\ World Bank Borrower. Revised January 2011 .
A firm will be selected under Quality and Cost Based Selection (QCBS) Method to accordance with the procedures set out in the Guidelines Selection and Employment of Consultant under IBRD Loans and IDA credits by World Bank Borrower, January 2011. Interested consultants may obtain further informational the address below during office hours 0900 to 4.00 Monday through Friday except public holidays.
Expression of Interest (one original, two copies) in a sealed envelope clearly marked “Expression of Interest for Public Finance Management Consultancy” most be delivered to the address below on or before 12th November 2014.
Project Coordinator,
Adamawa State Public Sector Governance Reform and Development Project SPCU Secretariat,
No. 36 Kashim Ibrahim Way,
Jimeta – Yola,
e-mail: adpsgrdp@yahoo.com
Tel: +2348065067906, +2349096040356
Only short-listed Consultants will be contacted.