Financial Audit Services for World Bank-Funded Projects in Mozambique

Currently, the portfolio comprises 33 active projects and 7 regional projects where Mozambique is a participating country, with a total commitment of US$5.08 billion.

The GoM is launching an international competitiveness selection of a private audit firms to audit 7 Bank-financed projects implemented in Mozambique, the contracts will cover FY 2025, 2026, and 2027, with a provision allowing the borrower to cancel the contract in the event of poor performance.

The audits approach and methodology should include, at least the following: Review of project financial statements, supporting documents, and records. Testing of transactions and balances on a sample basis. Site visits for physical verification of assets and civil works. Interviews with project staff and management. Assessment of internal controls and risk management systems.

Review of compliance with procurement and disbursement procedures The detailed Terms of Reference (TOR) for the assignment and further information can be obtained via email at the following address: eagerprocurement@gmail.com The Ministry of Youth & Sports now invites eligible Auditing 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. The Eligibility criteria are: The audit firm must be independent of the project and its management The audit team should possess relevant qualifications and experience in auditing World Bank-financed projects and public sector entities.

Ability to communicate fluently, in writing and orally, in Portuguese is must for the audit team. The audit firm should be registered with the regulatory authority of auditors in their respective countries. The audit firm should have demonstrated experience of similar assignments.

The auditor engagement partner should hold a professional accountant (CPA, CA, ACCA, DEC or equivalent membership of an internationally recognized professional accountancy body) with a Master’s degree in accounting, public financial management, finance, or other related field, with at least 15 years of relevant experience.

The audit manager should also hold a professional accountant (CPA, CA, ACCA, DEC or equivalent membership of an internationally recognized professional accountancy body) with a Master’s degree in accounting, public financial management, finance, or other related field, with at least 7 years of relevant experience. 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, 3.17 and 3.20 of the World Bank’s “Procurement Regulations for IPF Borrowers” September 2023 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.

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 Quality and Cost Based Selection (QCBS) method set out in the Procurement Regulations.

Expressions of Interest must be submitted at the address below (in person, or by mail, or by email) before 15h30 (local time) on the March 3, 2026 with the following description: Financial Audit Services for the Fiscal Years 2025–2027 Entity: Ministry of Youth and Sports National Youth Institute Project Management Unit, G/F - Left Address: Av.

10 de Novembro nº 74, Praceta 1196 Place: Maputo City E-mail: eagerprocurement@gmail.com Agency: Secretary of State for Youth and Employment Procurement method: Quality And Cost-Based Selection Notice type: Request for Expression of Interest Status: Published Value: 1200000.0 USD