Procurement of audit services: audit of IFAD Programmes in Moldova for 2014 year
Client: The Consolidated IFAD Programmes Implementation Unit (CPIU-IFAD), a body set up by the Government of Moldova in order to implement the programmes funded by the International Fund for Agricultural Development (IFAD.
Projects:
1.Rural Financial Services and Agribusiness Development (IFAD Loan Financing Agreement no.L-I-832-MD; DANIDA Grant Agreement no.G-C-DE-832-MD; IFAD Grant Agreement no.G-I-C-832-MD);
2. Inclusive Rural Economic and Climate Resilience Programme (IFAD Loan agreement no.2000000418, IFAD Grant Agreement no. 2000000443, GEF Grant Agreement no. 2000000452).
Scope of assignment:
To enable the auditor to express a professional opinion of CPIU financial position of the implemented programmes at the end of 2014 fiscal year and of the funds received and expenditures incurred for the accounting period ending at 31 December 2014, as reported in the Programme Financial Statement, including an opinion on the statement of expenditures and special account.
The audit will be carried out in accordance with International Standards of Auditing and will include such tests and reviews, as auditor considers necessary under the circumstances. Special attention will be paid to establishing that:
- All external funds have been used in accordance with the conditions stipulated in the financing agreements, with due attention to economy and efficiency, and solely for the purposes for which the financing was provided.
- The provided counterpart funds have been used in accordance with national or organizational financial regulations, with due attention to economy and efficiency, and solely for the purposes for which they were provided;
- Goods, consultancy and other services, and civil works financed out of project funds have been procured in accordance with stipulations in the financing agreement and/or government regulations;
- All necessary supporting documents, records and accounts have been kept in respect of all project ventures, including expenditures reported via SOEs or SAs;
- The SA has been used in accordance with the provisions of the financing agreement;
Deliverables and timeframe
The auditor would be expected to provide for each of CPIU-IFAD implemented programmes:
- the audit report on the financial statements;
- an opinion based on the scope and detail of the audit of the financial statements, including Statement of Expenditures and Special Account, and follow up audit recommendations from previous years;
- a management letter describing any deficiencies identified in the project accounting, procedures, systems, and make appropriate recommendations for improvement.
The period of assignment:
January – December 2014.
Deadline for audit report delivery:
31 May 2015.
For more details see:
Terms of ReferenceConditions for offer’s submission
To be considered, interested companies should submit their proposal (technical and financial) in original and a copy in separate sealed envelopes. Each envelope will consist of the technical and financial offer sealed in separate envelopes as well (a total of 2 envelopes, each with 2 envelopes inside). Offers to be submitted to the following address: CPIU-IFAD, 162, Stefan cel Mare si Sfint bld., office 1303, MD-2004 Chisinau, Republic of Moldova no later than April 09, 2015, 10:00. The public opening will take place at the same address starting with 10:15 on April 09,2015.
Any request for clarification must be sent in writing by standard electronic communication to nicolae.babara@ifad.md or office@ifad.md