Tenders Are Invited For Recruitment Of External Auditor in Egypt

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Tenders Are Invited For Recruitment Of External Auditor The Arab Republic Of Egypt Has Received Financing From The African Development Bank And The African Development Fund (As Administrator Of The Rwss Trust Fund) Toward The Cost Of The Integrated Rural Sanitation In Upper Egypt (Irsue-Luxor) And Intends To Apply Part Of The Agreed Amount For This Grant To Payments Under The Contract For External Auditor The Irsue-Luxor Is A Results-Based-Financing Program Articulated Around Two Areas Of Results As Follows: (I) Increasing Access To Integrated And Improved Sanitation System; (Ii) Building Capacities For Improved Operational System And Practices Of Lwsc. The Irsue-Luxor Is Targeting 10 Main Villages And Their Satellites In Two Main Districts: (I) Esna; And (Ii) Esna-East & El-Tod Covering At Least 22,000 New Household Connections. The Audit Will Be Carried Out In Accordance With The Standards Specified In 3.2 Above. It Will Include Such Tests And Controls As The Auditors Consider Necessary Under The Circumstances. 4.2 To Demonstrate Compliance With The Agreed Project/Program Financial Management Arrangements And Requirements, The Auditor Is Expected To Carry Out Tests To Confirm That: (A) All Funds Including Counterpart Funds And Other External Funds (In Case Of Co-Financing) Have Been Used In Accordance With The Conditions Of The Financing Agreement(S), With Due Attention To Economy And Efficiency And Only For The Purposes For Which The Funds Were Provided; (B) Goods, Works And Services Financed Have Been Procured1 In Accordance With Relevant Financing Agreement(S) And Have Been Properly Accounted For ; (C) All Appropriate Supporting Documents, Records And Books Of Accounts Relating To All Project/Program Activities Have Been Kept. The Auditor Is Expected To Verify That All Reports Prepared And Issued During The Period Were In Agreement With The Underlying Books Of Accounts; (D) Special Accounts (If Used) Have Been Maintained In Accordance With The Provisions Of The Relevant Financing Agreements And In Accordance With The BankS Disbursement Rules And Procedures; And Funds Disbursed Out Of The Special Accounts Were Used For The Intended Purpose As Specified In The Financing Agreement (S); (E) The Financial Statements Have Been Prepared And Approved By Project/Program Management In Accordance With Applicable Financial Reporting Framework; 1 Depending On The Complexity Of Certain Procurement Activities, The Auditors May Integrate, In The Audit Team, Technical Experts During The Period Of The Contract. In Such A Case, The Auditors Will Conform To Isa 620: (Using The Work Of An AuditorS Expert). (F) National Laws And Regulations (Including Country Pfm Systems) Have Been Complied With, And That The Financial And Accounting Procedures Approved For The Project (Including; Accounting And Procedures Manual Etc.) Were Followed And Used; (G) Project/ProgramS Fixed Assets Are Real And Properly Valuated And Project/Program Property Rights Or Related Beneficiaries Rights Are Established In Accordance With Loan Conditions; (H) Ineligible Expenditures Have Been Properly Identified And Reimbursed Or Refunded To The Special Account (Sa); And (I) Project/Program Physical Progress Is: (I) Consistent With Funds Disbursed, (Ii) Technically In Conformity With Project/Program Designs And (Iii) Adhering, As Far As Possible, With Project/Programed Time Estimates. (J) Determine If Beneficiaries Have Received The Benefit Of Payments Made In Respect Of Goods Purchased, Works Delivered And Services Provided. Tender Link :

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