INDUSTRIAL TRAINING FUND - ITF Nigeria
INDUSTRIAL TRAINING FUND - ITF Nigeria
INDUSTRIAL TRAINING FUND - ITF Nigeria
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<strong>INDUSTRIAL</strong> <strong>TRAINING</strong> <strong>FUND</strong><br />
INVITATION FOR EXPRESSION OF INTEREST AS FINANCIAL CONSULTANT<br />
1.0 INTRODUCTION<br />
The Industrial Training Fund (<strong>ITF</strong>), a foremost Human Resource Development Agency,<br />
with a wide network of Offices in the Country, seeks to engage the services of reputable<br />
Accounting Firms to assist in its Revenue Generation.<br />
2.0 SCOPE OF WORK<br />
The Amendment Act, 2011, of the Industrial Training Fund, has expanded the scope of<br />
its operation in both Training and Revenue Generation. In this regard, Employers of<br />
Labour with five or more Employees and or a Turnover of N50 Million and above, are<br />
mandated by the Act to contribute to the Fund, 1% of their Annual Payroll as Training<br />
Contribution. Accordingly, the Fund requires interested reputable Accounting Firms to<br />
assist in Revenue Generation. Specifically, successful Accounting Firms will be required<br />
to:<br />
I. Discover eligible companies not registered with the Fund, and to collect Training<br />
Contribution from the discovered companies<br />
II. Carry out Verification of the Accounts of companies registered with the Fund to<br />
ascertain the correctness of Training Contribution paid.<br />
3.0 REQUIREMENTS FOR SUBMISSION OF EXPRESSION OF INTEREST<br />
All interested Accounting Firms, who wish to submit Expression of Interest (EOI) must<br />
include, but not limited to the following:<br />
I. Evidence of Incorporation/Registration with Corporate Affairs Commission (CAC).<br />
II. Evidence of Firm’s registration for Value Added Tax (VAT).<br />
III. Certificate of Tax Clearance for the past three years (2010 – 2012).<br />
IV. Evidence of membership of Professional Association, such as ICAN/ANAN/ACCA.<br />
V. Evidence of being licensed to practice by any of the Professional Accounting<br />
Bodies and must have been in existence for the past five (5) years.<br />
VI. Evidence of registration/renewal with the Office of the Auditor-General of the<br />
Federation.<br />
VII. Evidence of Registration with Financial Reporting Council of <strong>Nigeria</strong>.
VIII. Evidence of Compliance with Pension Reform Act, 2004.<br />
IX. Certificate of Compliance with Section 6 ( 1 – 3) of the Industrial Training Fund<br />
Amendment Act, 2011.<br />
X. A brief profile of the Firm, including type of services offered, the years<br />
established, form of the organizations, location of offices; and number of<br />
employees.<br />
XI. Verifiable evidence of similar job carried out in other organization.<br />
XII. Sworn Affidavit that none of the Directors/Partners/Owners of the Firm is an exconvict<br />
or bankrupt.<br />
4.0 SUBMISSION OF EXPRESSION OF INTEREST DOCUMENTS<br />
The Expression of Interest Documents shall be submitted, in sealed envelope, addressed<br />
to the Director General/Chief Executive, Industrial Training Fund, Miango Road, Jos and<br />
marked boldly at the right hand corner “EXPRESSION OF INTEREST AS FINANCIAL<br />
CONSULTANT” and dropped in the Tender Box at the Headquarters Complex Reception,<br />
Jos, on or before 12:00 Noon Thursday, 6 th of June, 2013.<br />
5.0 OPENING OF EXPRESSION OF INTEREST DOCUMENTS<br />
Expression of Interest Documents shall be publicly opened at 12:30 p.m on the 6 th of<br />
June, 2013. Representatives of Firms that respond to this advertisement are invited to<br />
attend and witness the Expression of Interest opening.<br />
6.0 NOTE<br />
I. Late submission of application will be rejected.<br />
II. Due diligence could be carried out on the Firms to verify claims mentioned in<br />
submissions.<br />
III. Successful Firms will be invited for Interview at the I.T.F Headquarters, Jos,<br />
Plateau State.<br />
IV. This invitation for Expression of Interest is not a commitment on the part of the<br />
Fund for engagement nor would it entitle the Firm to make any claims whatever<br />
and seek indemnity from the Fund by virtue of having responded to the<br />
advertisement.<br />
Signed<br />
Director-General/Chief Executive