MINISTRY OF FINANCE AND DEVELOPMENT PLANNING (MFDP) has floated a tender for Consultancy for the Development of a SOEs Assets Verification & Valuation Registry. The project location is Liberia and the tender is closing on 22 Aug 2018. The tender notice number is IPFMRPII/C/CQS/1.1.23, while the TOT Ref Number is 26021926. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Expired Tender

Procurement Summary

Country : Liberia

Summary : Consultancy for the Development of a SOEs Assets Verification & Valuation Registry

Deadline : 22 Aug 2018

Other Information

Notice Type : Tender

TOT Ref.No.: 26021926

Document Ref. No. : IPFMRPII/C/CQS/1.1.23

Competition : ICB

Financier : Self Financed

Purchaser Ownership : -

Tender Value : Refer Document

Purchaser's Detail

Purchaser : MINISTRY OF FINANCE AND DEVELOPMENT PLANNING (MFDP)
Attn: William Kollie Oye, Project Coordinator Integrated Public Financial Reform Project II (IPFMRP-II) Broad & Mechlin Streets Monrovia Tel: 231-888226452
Liberia
Email :woye@mfdp.gov.lr / eozigbo@mfdp.gov.lr

Tender Details

Expression of Interest are invited for Consultancy for the Development of a SOEs Assets Verification & Valuation Registry.

Background

The Republic of Liberia has received Financing from the Swedish International Development Cooperation Agency (SIDA), the United States Agency for International Development (USAID), the International Development Association (IDA) and the African Development Bank (AfDB) toward the cost of the Integrated Public Financial Management Reform Project-II (IPFMRP-II), and it intends to apply part of the proceeds of this financing for this consulting services.

Objective:

The objective of the assignment is to ensure that the fixed assets of SOEs are accounted for in accordance with International Financial Reporting Standards (IFRS), using a userfriendly, secure, scalable and web-based Fixed Asset Registry capable of integrating seamlessly with other third-party Applications.

The consulting services (“the Services”) include:

? Review/update the business processes pertaining to Fixed Assets Management of the SOEs

? Verify the existence, location and ownership of the Fixed Assets of SOEs

? Identify the custodian of each fixed asset for accountability purposes

? Appropriately tag and code the fixed assets for inclusion into the Assets Registry

? Ascertain appropriate valuation of the fixed assets based on International Financial Reporting Standards (IFRS)

? Assess, value and revalue assets that have fully depreciated over the years but still have economic value

? Develop a multi-company and multi-currency SOEs Assets Registry capable of accommodating an unlimited number of fixed assets analysed by class, category, etc.

? Upload the fixed assets to the Assets Registry
? Train the users of the Fixed Assets Registry
? Prepare an Operations Manual for the Fixed Assets Registry
? Provide on-going support for the Fixed Assets Registry

The Ministry of Finance and Development Planning (MFDP) now invites firms (“Consultants”) to indicate their interest in providing the Services. Interested firms should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. The shortlisting criteria are:

1. The consulting firm should have at least 10 years’ experience in the development and implementation of Assets Registry and other Financial Management Information Systems for SOEs
2. The consulting firm should detail its management capabilities to include;
a. Worked done that is similar in nature to the project
b. Detail approach to similar work done in the past; and
c. The staff list should include:

i. The Team Leader---Master degree in Finance, Economics or Management with 10 years working experience

ii. Deputy Team Leader---Master degree in Finance, Economics or Management with 7 years working experience.

iii. Two more staff---Bachelor degree in Accounting, Economics or management with 5 years of active work experience.

The assignment is for six (6) months
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
(“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.
A Consultant will be selected in accordance with the Consultants Qualification Selection
method set out in the Consultant Guidelines.
Further information can be obtained at the address below during office hours from 0900 to
1700 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 1700 hour on 22nd August, 2018.
Attn: William Kollie Oye, Project Coordinator
Integrated Public Financial Reform Project II (IPFMRP-II)
Ministry of Finance and Development Planning (MFDP)
Broad & Mechlin Streets
Monrovia, Liberia
Tel: 231-888226452
E-mail: woye@mfdp.gov.lr
Cc: eozigbo@mfdp.gov.lr

Documents

 Tender Notice