This tender closed on 24 Jul 2026. The page stays up for reference. See open tenders from Bank of Namibia.
RFP - Provision of Joint External Audit Services for the Bank of NamibiaClosed
Summary
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Overview
The Bank of Namibia invites proposals for Joint External Audit Services to audit its financial statements for 2027, 2028 and 2029, with two audit firms (a larger and a smaller firm) forming a joint team in accordance with ISA and IFRS. Bidders should be established audit firms with central-bank or similarly complex financial-trade experience; include lead partners with PAAB ratings, and be able to deploy a full-time, multi-discipline team for a three-year engagement covering the Bank’s annual reports, audit planning, and committee meetings.
Requirements
- Essential staff competencies and lead partners’ PAAB ratings.
- Structured audit team schedule: total hours by partner/manager/staff and allocation by audit stage.
- Project/auditing strategy addressing central-bank risks, with involvement of IT, valuation, IFRS experts.
- Verified local resource availability and organizational capacity; ability to staff full-time.
- Technological integration: use of automation, analytics, cloud/AI, etc.
- Experience auditing integrated reporting statements (non-financial reporting and related assurance).
How to Apply
- Submission deadline: 24 July 2026, 12:00 (Tender Document).
- Submission method: hand-delivered in a sealed envelope to Bank of Namibia, 71 Robert Mugabe Avenue, Windhoek; clearly marked as per the RFP; no electronic submissions (General Conditions).
- Documents to submit (mandatory, certified): entity registration/incorporation; audited FS (not older than 2 years); Social Security Good Standing; tax clearance; VAT certificate; public/professional liability insurance; SME certificate; resolution authorising signatory; Namibia Preferential Procurement Corporation certificate; identification documents for shareholders; signed authorization; etc. (Tender Document, 15.1.2).
- Pre-qualification/registrations: evidence of tax/compliance and related certificates listed above (Tender Document, 15.1.2).
- Pricing: VAT-inclusive and fixed for a three-month period from close of RFP (General Conditions).
- Availability of documents: all required information is in the attached Tender Document (no separate external link provided).
RFP - Provision of Joint External Audit Services for the Bank of Namibia Public Request for Proposal for the provision of Joint External Audit Services for the Bank of Namibia. Invites proposals for independent audit services to be performed in accordance with ISA and IFRS. Bank seeks two audit firms (a larger and a smaller firm) to provide a joint audit team for a 3-year period covering the Bank’s financial years ending 31 December 2027, 2028 and 2029. Scope includes submission of a detailed audit plan, auditing the Bank’s financial statements, providing an audit opinion on fair presentation and compliance with accounting policies, presenting a final audit report to the Audit Committee and related bodies, reviewing the financial statements section in the annual report, and attending relevant meetings. Technical evaluation criteria include essential staff competencies, audit team scheduling and duties, auditing strategy, resource availability, technological integration/innovation, and experience with integrated reporting statements.
- Tender Document
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