Framework Agreement to Conduct External Financial Audit of AUDA-NEPAD Programmes and Projects over a period of three years

Tender number: 88/AUDA/DOO/LCS/2023

Closing date and time: 21st September 2023 at 14:30hrs

INTRODUCTION
The African Union Development Agency-New Partnership for Africa's Development (AUDANEPAD) is the development agency of the African Union, focusing on promoting sustainable socioeconomic growth and development throughout the continent. The organization's vision is to transform Africa into “The Africa We Want” as articulated in Agenda 2063: Africa that is globally competitive and socio-economically integrated, driven by good governance, inclusiveness, and self-reliance.

The African Union Development Agency (AUDA-NEPAD) is critical in coordinating and executing priority continental and regional development programmes and projects funded by our international development partners.

The Agency receives funds from the African Union through Member States contribution and partner grants from development partners such as KFW, GIZ, World Bank, AfDB, BMGF, SIDA, NORAD, EU, Spanish Agency for International Development Cooperation etc.

The Agency currently has about 58 projects funded by development partners for which we are required to conduct annual financial audits. The grants value ranges from US$300,000 to US$96,000,000. Most of these funds are used to support various thematic areas such as Health, infrastructure, Agriculture, Science and innovation, and women empowerment and Youth entrepreneurial development.

AUDA-NEPAD is undertaking the Primary Procurement with a view to concluding Framework Agreements. The AUDA-NEPAD is the sole Purchaser under the Framework Agreement[s]. The AUDANEPAD now invites proposals from eligible Bidders for Framework Agreement to Conduct External Financial Audit of AUDA-NEPAD Programmes and Projects over a period of three years.

OBJECTIVES
The primary objective of the assignment is to establish a framework agreement that will govern the provision of external audit services to the AUDA-NEPAD for a period of three years. The selected audit firm will be responsible for conducting financial statement audits and assessing the effectiveness of internal controls in accordance with applicable auditing standards and regulatory requirements.

SCOPE OF THE ASSIGNMENT
The audit will be conducted in accordance with international audit standards (ISA) issued by IAASB. In addition, and in some instances, the assignment will require services to be carried out according to International Standards on Related Services (ISRS) 4400. This additional assignment according to agreed-upon procedures ISRS 4400 under section II, shall be reported separately in an “Agreedupon procedures report”. Performed procedures will be described and the findings should be reported in accordance with the requirements in the International Standard on Related Services 4400.

Expressions of interest must be delivered to the address below by the 21st September 2023 14:30hrs (South African Time). and should be clearly marked as “Framework Agreement to Conduct External Financial Audit of AUDA-NEPAD Programmes and Projects over a period of three years. REF 88/AUDA/DOO/LCS/2023”

EOIs can also be sent by email, addressed to the address below. Interested Consultants may also obtain further information at the address below during office hours (09:00 - 17:00 South Africa time):
The Chairperson, Internal Procurement Committee (IPC)
African Union Development Agency (AUDA-NEPAD)
230, 15th Road, P. O. Box 218 Midrand,
1685 Johannesburg, South Africa
Email: procurement@nepad.org ; and copy bathom@nepad.org
Attention of: Procurement Division

see documents for more details

see: https://www.sa-tenders.co.za/sites/default/files/reoi_for_financial_audi...

https://www.sa-tenders.co.za/sites/default/files/statement_of_undertakin...