Ministry of Higher Education
Maldives
Request for Expression of Interest - Consultancy Firm for Internal Audit Services

Announcement No: (IUL)475-PMU/475/2022/34

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – FIRMS SELECTION)

Republic of Maldives

Maldives: Enhancing Employability and Resilience of Youth (MEERY) Project

Loan No./Credit No./ Grant No.: IDA-D4800

 

Assignment Title: Consultancy Firm for Internal Audit Services

 

The Government of Maldives has received financing from the World Bank toward the cost of the Maldives: Enhancing Employability and Resilience of Youth (MEERY) Project and intends to apply part of the proceeds for consulting services.

 

The consulting services (“the Services”) includes the all tasks related to providing internal audit services for the MEERY Project. The assignment requires minimum 3 key staffs and is to be for 1-year duration.

 

The detailed Terms of Reference (TOR) for the assignment can be obtained at the address given below.

 

The Ministry of Higher Education 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:

 

  • Registered Firm: Must be a Firm (Audit Firm) Registered in the Maldives (Provide copy of the Certificate of Registration).
  • Practicing Certificate: The Firm must have a valid “Practicing Certificate” issued by the Institute of Chartered Accountants of the Maldives (provide copy of the Certificate).
  • MIRA Tax Clearance Report: If applicable, the Firm must submit the relevant tax report(s) no later than 30 days from EOI submission date (provide copy of tax clearance report).
  • Experience of the Firm: The Firm must have minimum of Two Years’ experience working in the field of Internal Audit with at least one assignment for a Donor Funded Project. (Provide documentary evidence of such assignments and experience).

 

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 and August 2018 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. 

 

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 in accordance with the Consultant’s Qualification-Based Selection (CQS) method set out in the Procurement Regulations.

 

Further information can be obtained at the address below during office hours 0900 to 1300 hours.

 

Expressions of interest must be delivered in a written form to the address below (by e-mail) by 3rd March 2022 (Thursday) 1300 Hours (local time).

 

Project Management Unit

Ministry of Higher Education

4th Floor, Fen Building, Ameenee Magu

Male’, Maldives

Tel: 00960 3026982 / 3026975

Email: [email protected]

17 February 2022
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