Financial Management & Accounting Software Consultant at ICRC

INFRASTRUCTURE CONCESSION REGULATORY COMMISSION (ICRC)

The Public Private Partnership (PPP) Project

FINANCIAL MANAGEMENT & ACCOUNTING SOFTWARE CONSULTANT

REQUEST FOR EXPRESSIONS OF INTEREST

The Federal Government of Nigeria (FGN) has applied for a credit from the International Development Association (IDA) and intends to apply part of this facility to the payments for the services of a reputable and qualified consulting firm (“Consultant”) to develop accounting and budgetary capabilities through the design and installation of a comprehensive and reliable financial management system (FMS), commensurate with the size of ICRC and provide training on the use of the accounting software. The FMS should be sufficient to account for, and report all aspects of the projects in ICRC and other implementing entities.

The Infrastructure Concession Regulatory Commission (ICRC) was inaugurated in late 2008 by the Federal Government under the existing 2005 ICRC Act to lead the government’s Public Private Partnership programme. The PPP programme has the overall objective of creating economic growth by facilitating private sector participation in infrastructure development in Nigeria. Through the ICRC, the proposed PPP programme provides multi-sector capacity building and technical assistance and financial resources to increase PPP participation in infrastructure service delivery.

The ICRC is required as part of its function to establish the PPP Project Implementation Unit (PPP PIU) to assist it in executing the PPP Programme.     The PPP PIU will have two supporting groups: core staff and shorter-term technical experts for a term not exceeding six, for which this request for expressions of interest is issued for the appointment of a Financial Management & Accounting Software Consultant

Scope of Services:

The Financial Management Consultant will be required to perform the following functions:

  1. i.            Identify the hardware that would be used for the financial management for ICRC projects;
  2. ii.            In consultation with the project, procure a qualitative hardware for the financial management system of ICRC and its projects;
  3. iii.            Develop and install software for computerization of the Financial Management and Information Systems,
  4. iv.            Ensure that the system is robust enough to incorporate the chart of account; account for project and ICRC activities as well as produce necessary reports. The reporting module should be modifiable as necessary to produce reports in whatever format required by the projects, ICRC and any other stakeholder;
  5. v.            Train the financial management staff on the use of the software;
  6. vi.            Provide hand-on and on-going support on the use of the system; and
  7. Provide maintenance services as required

The Financial Management and Information Systems would be integrated. A set of policies and procedures which would apply to the project and a set of financial reports for the project be prepared from the Financial Management System. The consultant will therefore be responsible for;

A.    Development of Financial Management System (FMS):

The FMS to be designed will, inter-alia, include the following aspects:

  1. i. Flow of funds process
  2. ii. Accounting System
  3. iii. Financial Reporting
  4. iv. Human Resource Aspects Relating to Finance
  5. v. Accounting and Auditing Functions

B.      Computerization of the FMS:

Development of software for computerization of the FMS would inter alia include the following steps;

  1. i.            Identification of hardware for operation of the system;
  2. ii.            Identification of database/language (software that would be used for the system;
  3. iii.            Development and installation of the software for the computerized FMS;
  4. iv.            Testing of the software;
  5. v.            Preparation of the Operational Manual; and
  6. vi.            Training and hands-on implementation assistance to the project staff.

C.    Inputs of the Financial Management Consultant (FMC)

The FMC would be responsible for:

  1. i.            Design of the FMS;
  2. ii.            Installation and subsequent servicing and support of the FMS;
  3. iii.            Providing inputs to computerization of the FMS;
  4. iv.            Training on the use of the FMS; and
  5. v.            Hands-on implementation assistance to the project staff.

SUBMISSION OF EXPRESSIONS OF INTEREST (EOIs)

  • Prospective consultant should submit an Expression of Interest detailing the following information as basis for pre-qualification
  • Profile of the firm including ownership structure
  • Qualifications of key permanent staff
  • Track records of the firm in Financial Management and Software development design and installation
  • Copies of unabridged financial reports for the last 3yrs
  • Experience working in Nigeria or Sub-Saharan Africa

The Consultant will be selected in accordance with the procedures set out in the World Bank Guidelines: Selection and Employment of Consultants by World Bank Borrowers, January 1997 (Revised September 1997, January 1999, May 2002, May 2004, October 2006 and May 2010)

Expressions of Interest must be submitted in six (6) copies in a sealed envelope clearly marked “EXPRESSIONS – OF INTEREST AS FINANCIAL MANAGEMENT & ACCOUNTING SOFTWARES CONSULTANT”. A CD-ROM version should also be included.

The expressions of interests should be addressed and delivered on or before 5:00pm on 2nd July 2010 to:

The Director General

Infrastructure Concession Regulatory Commission

No. 13, Suleiman Barau Crescent

Aso Villa, Abuja.

Interested applicants may obtain further information at the address above from 8.00 am to 5.00 pm, Monday through Friday (except public holidays). For telephone and email enquiries, please use the contact below:

Tel: +234-9-8750286

E-mail: info@icrc.gov.ng

Only short-listed Consultants will be contacted.

PLEASE NOTE: Expressions of interest through email or fax, as well as late submission will not be entertained.

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