Industrial Training Fund
Invitation for Expression of Interest as Financial Consultant
1.0 Introduction
The Industrial Training Fund (ITF), a foremost Human Resource Development Agency, with a wide network of Offices in the Country, seeks to engage the services of reputable Accounting Firms to assist in its Revenue Generation.
2.0 Scope of Work
The Amendment Act, 2011, of the Industrial Training Fund, has expanded the scope of its operation in both Training and Revenue Generation. In this regard, Employers of Labour with five or more Employees and or a Turnover of N50 Million and above are mandated by the Act to contribute to the Fund, 1% of their Annual Payroll as Training Contribution. Accordingly, the Fund requires interested reputable Accounting Firms to assist in Revenue Generation. Specifically, successful Accounting Firms will be required to:
I. Discover eligible companies not registered with the Fund, and to collect Training Contribution from the discovered companies
II. Carry out Verification of the Accounts of companies registered with the Fund to ascertain the correctness of Training Contribution paid.
3.0 Requirements for Submission of Expression of Interest
All interested Accounting Firms, who wish to submit Expression of Interest (EOI) must include, but not limited to the following:
- Evidence of Incorporation/Registration with Corporate Affairs Commission (CAC).
- Evidence of Firm’s registration for Value Added Tax (VAT).
- Certificate of Tax Clearance for the past three years (2010 – 2012).
- Evidence of membership of Professional Association, such as ICAN/ANAN/ACCA.
- Evidence of being licensed to practice by any of the Professional Accounting Bodies and must have been in existence for the past five (5) years.
- Evidence of registration/renewal with the Office of the Auditor-General of the Federation.
- Evidence of Registration with Financial Reporting Council of Nigeria.
- Evidence of Compliance with Pension Reform Act, 2004.
- Certificate of Compliance with Section 6 (1 – 3) of the Industrial Training Fund Amendment Act, 2011.
- A brief profile of the Firm, including type of services offered, the years established, form of the organizations, location of offices; and number of employees.
- Verifiable evidence of similar job carried out in other organization.
- Sworn Affidavit that none of the Directors/Partners/Owners of the Firm is an ex-convict or bankrupt.
4.0 Submission of Expression of Interest Documents
The Expression of Interest Documents shall be submitted, in sealed envelope, addressed to the Director General/Chief Executive, Industrial Training Fund, Miango Road, Jos and marked boldly at the right hand corner “EXPRESSION OF INTEREST AS FINANCIAL CONSULTANT” and dropped in the Tender Box at the Headquarters Complex Reception, Jos, on or before 12:00 Noon Thursday, 6th June, 2013.
5.0 Opening of Expression of Interest Documents
Expression of Interest Documents shall be publicly opened at 12:30 pm on the 6th June, 2013. Representatives of Firms that respond to this advertisement are invited to attend and witness the Expression of Interest opening.
6.0 Note
I. Late submission of application will be rejected.
II. Due diligence could be carried out on the Firms to verify claims mentioned in submissions.
III. Successful Firms will be invited for Interview at the I.T.F Headquarters, Jos, Plateau State.
IV. This invitation for Expression of Interest is not a commitment on the part of the Fund for engagement nor would it entitle the Firm to make any claims whatever and seek indemnity from the Fund by virtue of having responded to the advertisement
Signed
Director-General/Chief Executive
