Procurement Summary
Country : Cote d'Ivoire
Summary : Supporting the Fiduciary Services & Inspection Department with Performing its Inspection Activities
Deadline : 14 Sep 2018
Other Information
Notice Type : Tender
TOT Ref.No.: 25788752
Document Ref. No. :
Competition : ICB
Financier : African Development Bank (AfDB)
Purchaser Ownership : -
Tender Value : Refer Document
Purchaser's Detail
Purchaser : AFRICAN DEVELOPMENT BANK GROUP
African Development Bank Fiduciary Services & Inspection Department Immeuble du Centre de commerce International d'Abidjan CCIA Avenue Jean-Paul II 01 BP 1387 Abidjan 01
Attn: Mr. Sanjeev Narrainen
Tel: +225-20263900
Cote d'Ivoire
Email :s.narrainen@afdb.org
Tender Details
Expression of Interest are invited for Supporting the Fiduciary Services & Inspection Department with Performing its Inspection Activities.
The Fiduciary Services & Inspection Department (SNFI) of the African Development Bank
(AfDB) acts as the custodian of the procurement (for public and private operations) and
financial management (FM) profession. Among other responsibilities, SNFI has to inspect and
report on the performance of fiduciary (Procurement and FM) activities undertaken under
Bank-Financed Projects in Regional Country Members (RMCs). The aim of these inspections
is to provide reasonable assurance that Bank’s resources are being used as intended and are
bringing value to the beneficiaries they are aimed to serve and to build the credibility and trust
of the Bank in its regional countries and with other stakeholders.
3. The services to be provided under this Assignment includes conducting an independent
physical verification of projects to:
o Assess the project’s fiduciary arrangements of selected Project Appraisal Reports
approved by the Board of Directors to ensure that it is in a state of readiness according
to the Bank’s relevant policies and procedures for being successfully executed by the
beneficiary of the loan/grant;
o Review of financial management and procurement activities, at the time of
implementation of the selected projects, to ensure that they are in conformity with the
related Financial Agreements and associated documents;
o Conduct in an organized manner independent physical inspections/verifications of the
deliveries of selected projects, to ensure that current procurement and financial
management controls, are in conformity with the contracts’ provisions and that the
beneficiaries are getting value-for-money through investments made by the funding
provided by the Bank;
o Verify whether the disbursement made corresponds to the physical progress on the
ground; and the social and environmental safeguards as designed are effectively being
implemented from procurement perspective; and Analyze the findings of the inspection missions with the aim of ensuring that the Bank’s
resources are being used as intended, identify gaps and shortfalls, propose corrective
measures and make recommendations for ongoing projects and future Bank
interventions.
Documents
Tender Notice