Financial and Accounting Audit of the DECIM Project for the Fiscal Years 2024, 2025, 2026

This contract award notice pertains to a financial and accounting audit for the Digital and Energy Connectivity for Inclusion in Madagascar Project (DECIM). The audit will cover the fiscal years 2024, 2025, and 2026. The project is supported by financing from the International Development Association (IDA). The procurement method employed was Least Cost Selection (LCS), indicating that the most economically advantageous offer meeting the technical requirements was chosen. The contract was awarded to CABINET DELTA AUDIT for a final contract price of MGA 46,962,800.00. The audit's scope includes a comprehensive review of the project's financial statements and accounting records to ensure compliance with applicable standards, regulations, and project financing agreements. The objective is to provide an independent assessment of the project's financial health, internal controls, and overall management of funds. The notice also lists other evaluated firms, CABINET MPANAZAVA and RYZE AUDIT, highlighting the competitive nature of the selection process. The awarded firm, CABINET DELTA AUDIT, achieved a high technical score of 90.33, demonstrating strong qualifications for undertaking this critical audit.

This is a consulting contract in the energy and power, information and communication technology and finance and banking sectors, with a focus on Network Infrastructure and Public Finance. Located in Madagascar, Africa, this opportunity is open to firms and consortiums.

Published through WB - World Bank, a multilateral development bank that follows standardized international procurement guidelines. Projects funded by multilateral institutions are generally open to international bidders from eligible member countries for consulting in the energy and power sector. Consulting assignments are typically evaluated with a strong emphasis on the technical proposal, including the methodology and qualifications of key experts. Shortlisted firms may be invited to submit financial proposals in a second stage. This contract has already been awarded. The information is published for transparency and market intelligence purposes.