Maldives
(Consulting Services – Firms Selection)
Republic of Maldives
Maldives Public Financial Management Systems Strengthening Project (PSSP)
Grant No: IDA D2950
WB Ref No: MV-M0FT-219414-CS-QCBS
Consultancy for Strengthening Audits of Information Systems
(International Firm)
The Government of Maldives (GoM) has received financing from the World Bank toward the cost of the Maldives Public Financial Management Systems Strengthening Project (PSSP), and intends to apply part of the proceeds for consulting services.
The Ministry of Finance (MoF), cancels the Expressions of Interest (EoI) for the reference number (IUL)13-PFMU/13/2020/229 (October 1, 2020) as the EOIs received did not meet the technical requirements during the previous round of procurement. MoF now re-invites interested eligible firms to submit their Expressions of Interest (EoI).
The consulting services (“the Services”) include achieving Ministry of Finance (MoF) objectives relating to enhance the Information Systems Audit capacity at AGO.
This consultancy is expected to commence in July 2021. The assignment is anticipated to be completed within a period of 12 months.
The detailed Terms of Reference (TOR) for the assignment can be found at Ministry of Finance website (https://www.finance.gov.mv/ministry/careers/job-opportunities)
The Ministry of Finance, now invites eligible consulting firms (“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. The shortlisting criteria are:
Qualifications and experience of the firm
- 1. Eligible firms should have
i. At least 10 years of experience in IT auditing, preferably audit of the public sector information systems
ii. At least 5 years’ experience in providing training on IT/IS audit and developing training materials;
iii. Experience in capacity building on the use of CAATS;
iv. Experience with a SAI (Supreme Audit Institution) in an audit-related role is an added advantage
v. Experience in leading similar projects is an added advantage
Key Experts will not be evaluated at the shortlisting stage.
The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” July 2016, Revised November 2017, setting forth the World Bank’s policy on conflict of interest. In addition, please refer to the following specific information on conflict of interest related to this assignment:
3.17 Consultants shall not be hired for any assignment that would be in conflict with their prior or current obligations to other clients, or that may place them in a position of being unable to carry out the assignment in the best interests of the Borrower. Without limitation on the generality of the foregoing, Consultants shall not be hired under the circumstances set forth below:
d. Consultants (including their experts and other personnel, and sub-consultants), that have a close business or family relationship with a professional staff of the Borrower, or of the project implementing agency, or of a recipient of a part of the Bank’s financing, or any other party representing or acting on behalf of the Borrower, that is directly or indirectly involved in any part of:
i. the preparation of the TOR for the assignment;
ii. the selection process for the contract; or
iii. the supervision of the contract, may not be awarded a contract, unless the conflict stemming from this relationship has been resolved in a manner acceptable to the Bank throughout the selection process and the execution of the contract.
Consultants may associate with other firms to enhance their qualifications, but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the 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 based on the qualification and experience, in accordance with the procedures set out in the 'The World Bank Procurement Regulations for IPF Borrowers- Procurement in Investment Project Financing- Goods, Works, Non-Consulting and Consulting Services, July 2016, Revised November 2017' as per the Financing Agreement of the project.
Further information can be obtained at the address below during office hours (0800 to 1400 hours)
Expressions of interest must be delivered in a written form to the address below (in person, or by mail, or by e-mail) by no later than 1300 hours Maldivian time on May 6, 2021.
Ministry of Finance
Public Financial Management Systems Strengthening Project
Attn: Ms. Hawwa Rishda Mohamed
Project Coordinator (Acting Project Director)
Ministry of Finance
Ameenee Magu, Male’
Republic of Maldives
Tel: (960)1617
E-mail: [email protected]
