Financial Audit Services for Cabo Verde Development Projects

REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES – FIRMS SELECTION) COUNTRY: CABO VERDE PROJECTS: CABO VERDE HUMAN CAPITAL PROJECT and RESILIENT TOURISM AND BLUE ECONOMY DEVELOPMENT PROJECT PROJECTS ID Nº: P175828 and P176981 Notice Number: EOI – 93/RTBED/UGPE/2026 Date: February 6, 2026 Assignment Title: Development of financial and accounting audits for the Cabo Verde Human Capital project for fiscal years 2025, 2026 and 2027 and the Resilient Tourism and Blue Economy Development Project for fiscal years 2026, 2027 and 2028

• The Government of Cabo Verde has received from the International Development Association – IDA / World Bank (hereafter named “World Bank”), the Credit ref. 70780-CV to fund the Cabo Verde Human Capital Project aiming to improve employability and strengthen access to basic services for youth and women in Cabo Verde, and the Credit ref. 71260-CV to fund the Resilient Tourism and Blue Economy Development Project aiming to increase diversity and resiliency in the tourism offering and small and medium enterprise (SME) participation in tourism-related value chains in targeted destinations, and intends to apply part of the amount of said credits for: Development of Financial and Accounting Audits for the Cabo Verde Human Capital Project and the Resilient Tourism and Blue Economy Development Project.
• The Consulting Services (“the Services”) is for Cabo Verde Human Capital Project and the Resilient Tourism and Blue Economy Development Project. The objective of the audit of the project’s financial statements is to enable the auditor to express a professional opinion on the Cabo Verde Human Capital Project and the Resilient Tourism and Blue Economy Development Project as at the end of each fiscal years 2022, 2023 and 2024 and of the income and expenditure for the accounting period ending on that date. The project’s books of account provide the basis for preparation of the financial statements and are established to reflect the financial transactions in respect of each project.
• The detailed Terms of Reference (TOR) for the assignment shall be requested at the address e-mail given below, from 8 a.m. until 4 p.m. (local time), during the working day or can be found by clicking on the following link:

https://ugpe.gov.cv/projeto/reforco-da-sustentabilidade-resiliencia-e-diversificacao-do-sector-do-turismo-em-cabo-verde

• The UGPE 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. ( Relevant material must not exceed 30 pages overall ).
• The shortlisting criteria are:
• General experience in financial and accounting audits;
• Specific experience in the project audit, similar to the ones required: Cabo Verde Human Capital Project and the Resilient Tourism and Blue Economy Development Project;
• Technical and managerial capability of the firm;
• 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” , dated July 2016, revised in September 2025 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest, can be found at website www.worldbank.org
• 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 Least Cost Selection (LCS) method set out in the World Bank’s “Procurement Regulations for IPF Borrowers” , dated July 2016, revised in September 2025.
• Interested Consultants may obtain further information at the emails address below from 8 a.m. until 4 p.m. (local time), during working days.

Email: Madelene.David@mf.gov.cv ; Ildo.A.Varela@mf.gov.cv C/c: Nuno.Gomes@mf.gov.cv ; MClarisse.Silva@mf.gov.cv ; Vladimir.Fonseca@mf.gov.cv; Karine.Tavares@mf.gov.cv; Adilma.Silva@mf.gov.cv

• Expressions of interest must be submitted in English, to the address below (in person or by e-mail) by February 24th, 2026.

Unidade de Gestão de Projetos Especiais Attn: Nuno Gomes – UGPE Coordinator Av. China, Edifício Tribunal Constitucional, 3º Andar Chã d´Areia - Cidade da Praia, Ilha de Santiago C.P.Nº 145 - Republica de Cabo Verde Email: Madelene.David@mf.gov.cv ; Ildo.A.Varela@mf.gov.cv C/c: Nuno.Gomes@mf.gov.cv ; MClarisse.Silva@mf.gov.cv ; Vladimir.Fonseca@mf.gov.cv; Karine.Tavares@mf.gov.cv; Adilma.Silva@mf.gov.cv Agency: Unidade de Gestao de Projectos Especiais Procurement method: Least Cost Selection Notice type: Request for Expression of Interest Status: Published Value: 50000.0 USD