2016 Expression of Interest: Clarification and Amendment of Instructions to Interested Organizations
IFAC and the UK Department for International Development (DFID) entered into an agreement to develop the accountancy profession in emerging economies. Under this agreement, DFID will provide £4.935 million to IFAC over seven years, which will be used to strengthen the accountancy profession by building the capacity of professional accountancy organizations (PAOs) in at least 10 DFID focus countries. IFAC’s PAO Capacity Building Program manages and implements project oversight, including identifying and selecting project delivery partners.
Expressions of Interest
Submitting an Expression of Interest is not a commitment to undertake any specific projects.
New Applicants—Interested Organizations
All types of organizations are welcome to express interest, but please note that the majority of projects under the PAO Capacity Building Program require establishing peer-to-peer partnerships between the delivery partner and the beneficiary organization.
Approved organizations are added to IFAC’s database and considered a potential partner organization, eligible to receive future project notifications. To be approved as a potential partner organization, an organization needs to meet specific criteria and provide evidence of relevant experience.
Interested organizations, including PAOs and firms: 2016 Expressions of Interest—Potential Partner Organizations.
Criteria for Interested Organizations
To be considered as a potential partner organization, an interested organization needs to:
- Be an appropriate type of organization (including, but not limited to, a PAO) and support the objectives of the program;
- Be established for more than five years;
- Possess the capacity and financial and competent personnel capability to deliver during the timeframe and at the high-quality standard contracted for;
- Able to commit to a multi-year project;
- Demonstrate satisfactorily an understanding of the elements that contribute to establishing and maintaining of a strong accountancy profession supported by an effective PAO;
- Have experience supporting the development of the accountancy profession and PAOs in other jurisdictions knowledge transfer to a beneficiary organization to achieve sustainable results;
- List any experience of third-party funded, self-funded, or pro bono work to develop the accountancy profession, including current or past involvement in a twinning or mentoring arrangement with a less-established PAO.
- Have a demonstrable track record of prior work in specific accountancy profession and PAO development areas with evidence of successful delivery of project outcomes and positive impacts;
- Have access to individuals with appropriate qualifications, experience, and a combination of technical competency and soft skills to undertake these projects;
- Demonstrate and continually strive to improve value for money:
- Actively seek to demonstrate and maximize results, and reduce costs through the life of the contract;
- Price appropriately and honestly to reflect program requirements and risks;
- Proactively pursue continuous improvement to reduce waste and improve efficiency across the organization;
- Earn fair but not excessive rewards;
- Follow workplace practices that meet corporate social responsibility norms;
- Hold no conflicts of interest or have appropriate safeguards in place (as determined by the Program Oversight Committee);
- Not be considered an ineligible organization, whether due to US Office of Foreign Assets Control sanctions or because, as a matter of law or regulations, commercial relations between countries (or, if applicable, individuals) are prohibited;
- Not have any pending litigation against it (unless such litigation is made known to IFAC and approved by the Program Oversight Committee and the litigation is determined to note present a problem for participation; and
- Have the long-term sustainability and financial viability for the project.
Although not a requirement, applicants should also describe any work done in fragile countries, as it will be considered positively.
New Applicants—Interested Individual Consultants
Individual consultants may also express interest, but will not be included in the database of potential partner organizations and will only receive information relating to smaller, specific projects fitting their particular expertise. They will not receive information about large-scale projects, such as those requiring a twinning arrangement similar to the projects currently in place in Ghana, Rwanda, or Uganda.
Individual consultants with relevant experience can express interest by submitting their details and CV(s): 2016 Expressions of Interest—Interested Consultants
While applications from both categories are welcome, please note that most projects require establishing a peer-to-peer partnership between organizations.
Existing Potential Partner Organizations
Organizations that have previously applied or are currently included in the potential partner organization database: 2016 Expressions of Interest—Potential Partner Update
Interested organizations and consultants should submit their Expressions of Interest no later than November 21, 2016.
Following receipt of a number of requests for clarification, the following explanations should be noted in relation to the Feasibility Study Request for Proposal (RFP).
If you have questions, please email MelodyScales@ifac.org.
All expenses should be considered as part of the budgeted cost in the RFP (including travel and accommodation).
The countries to be covered by the study will be selected by the MOSAIC Steering Committee and the consultant during the inception phase (consultation with the MOSAIC Steering Committee will most likely take place via conference call, webinar or email). Consultants are welcome to suggest countries so as to enable a description of their approach to the work and develop a budget.
You should discuss the extent (depth) of an approach to the work in your proposal, drawing on your knowledge and past experience.
The upper range of the budget is the maximum amount for the project.
June 30, 2016 is the proposed date for the submission of a draft report. Some amendments to the report may be suggested following the review of the draft report and the final report should be submitted by July 31, 2016. The date for completion of the assignment is the date of delivery of the final report .The time allocated to this assignment is five months.
The study can be performed by either an individual or a firm. If the proposal is from a firm that is part of a network and the firm wishes to use member firms from the network in the countries that the study will cover, this should be described as part of the proposal and will be considered when the proposal is being evaluated.
We are interested in the CVs of those who will be performing the feasibility study.
The proposal must reach the minimal technical score of 70/100 to be considered for selection.
For references, yes, we only expect to receive the name(s), title(s), and contact information along with an indication of when you have worked with the individual(s) you will be using as a reference.