EXPRESSION OF INTEREST (EOI) FOR PREPARATION OF FY2019 PNGEITI REPORT
The Extractive Industries Transparency Initiative (EITI) is a global standard that promotes transparency and accountability in the oil, gas and mining sectors. EITI implementation has two core components:
- Transparency: oil, gas and mining companies disclose information about their operations, including payments to the government, and the government discloses its receipts and other relevant information on the industry. The figures are reconciled by an Independent Administrator (IA), and published annually alongside other information about the extractive industries in accordance with the EITI Global Standard.
- Accountability: a multi-stakeholder group (MSG) comprising representatives from the government, companies and civil society oversee the process and communicate the findings of the EITI reporting, and promote the integration of EITI into broader transparency and accountability efforts in that country.
One of the key requirements for PNG as EITI implementing country is to publish annual financial reports for all revenues paid to the government by extractive companies and receipts of these payments by the Government. PNG published reports for the financial years 2013 to 2018 and is now required to publish the 2019 financial year report.
The PNGEITI National Secretariat seeks a competent and credible consulting firm with EITI reporting and financial reconciliation experiences, free from conflicts of interest, to provide reconciliation services in accordance with the EITI Global Standard for the PNGEITI 2019 financial year report. This assignment is estimated to take approximately seven months from May to November, 2020. Interested bidders should obtain a copy of the Terms of Reference (ToR) from the National Secretariat located on the 8th Floor of the Treasury Building, Waigani or on its website at www.pngeiti.org.pg which provides full details on the scope of work required.
Interested bidders are required to make submissions (with detailed financial costings) for preparation of the Report. Submissions must be received no later than 4:30 pm on 24 April, 2020.
Submissions can either be emailed to Francis Diakon at Francis_Diakon@treasury.gov.pg or delivered to the National Secretariat office, located at Level 8, Treasury Building, Waigani.
Head of National Secretariat