Republic Of Somaliland
Request for expressions of interest (REOI)
Country: Republic of Somaliland
Project Name: Somaliland Enhancing Public Resource Management project
Project ID: P177298 IDA-E1360
Assignment Title: Internal Audit Consultancy
reference No: SO-MOF-SL-4469343-CS-CQS
Place of assignment: Hargeisa, Somaliland
Background.
The Government of the Republic of Somaliland has received financing from the World Bank toward the cost of Enhancing Public Resource Management Project (SERP) and intends to apply part of the proceeds for consulting services.
The Consulting Services (the Services) include: Advise the Internal Audit Director and other key stakeholders on all matters concerning the functioning of the internal audit function in terms of International Standards for the Professional Practice in Internal Audit (ISPPIA) and the requirements under the Constitution and existing PFM legal framework and determining how compliance gaps can be bridged; Determine capacity constraints including inter alia, institutional, systems, skills or otherwise to be addressed to enable the internal audit function to deliver to the required standards; Support preparation and implementation of a time-bound capacity establishment programme in order to address deficiencies identified. Undertake pilot risk-based audits, submit the reports and follow-up on the recommendations.
The detailed Terms of Refence (TOR) for the assignment can be found at the following website: www.slmof.org or it can be provided upon submission of application in person or by e-mail. The e-mail address is provided below.
The Somaliland Ministry of Finance and Economic Development (MoF&ED) now invites the eligible consulting firm (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. (Brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.). The short-listing criteria are as follows:
- Core business of the firm and at least 10 years in business (general experience in Project Management, Technical advisory, Capacity Building, etc.)
- Experience of conducting similar assignments (At least 10 years of experience of audit management at senior management/ advisory level of which 5 years specific experience in establishing and reforming public sector internal audit functions, proven track record of successfully building capacities of an Internal Audit in developing countries, must have experience in leading a similar project and in using practical techniques for change management and training in a fragile or conflict state environment, familiar with auditing financial reports in compliance with International Public Sector Accounting Standards (IPSAS) and IMF-GFSM 2001compliant chart of accounts; and implementing financial management information systems, good communication and writing skills in English, a recognized professional designation in Accounting or Internal Auditing (CA, ACCA, CGA, CIA or CISA).
- Experience of relevant services in an environment similar to that of Somaliland; and
- Technical and managerial organization of the firm. (Provide the structure of the organization and CVs of staff). Experts will be evaluated during the shortlisting stage, as assessing key experts is crucial to the selection process. Their qualifications, experience, and expertise have a significant impact on the firm’s ability to deliver the required services.”
The attention of interested Consultants is drawn to paragraphs 3.14, 3.16 and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers: Procurement in Investment Financing - Goods, Works, Non-Consulting and Consulting Services dated July 2016 and revised in November 2017 August 2018, November 2020 and September 2023, (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.
Consultants may associate with other firms to enhance their qualification but should indicate clearly whether the association is in the form of a joint venture and/or a sub consultancy. In case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected.
A Consultant will be selected in accordance with the Consultant Qualification Selection (CQS) method set out in the World Bank’s Procurement Regulations.
Interested Consultant may obtain further information at the address below during office hours from 8:30am to 3.30pm Hargeisa time (Excluding public holidays).
Expressions of interest (EOI) should be delivered (by e-mail or in person) in a written form in three (3) hard copies (if not by e-mail) to the address below by 06th April 2025 at 2:00 Pm Hours (Hargeisa Time).
SERP Project Implementation Unit, Ministry of Finance & Economic Development
2nd Floor, PFM Building, Opp. of the Ministry of Education and Science
Hargeisa, Republic of Somaliland
Email: procurementserp@gmail.com or serpmofd@gmail.com