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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

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