CALL FOR TENDER: CONSULTANCY SERVICES FOR DRAFTING SIMPLIFIED FINANCIAL REPORTING STANDARDS FOR MICRO ENTITIES IN TANZANIA

PRIVATE SECTOR COMPETITIVE PROJECT (PSCP) – ACCESS TO FINANCE COMPONENT 

CREDIT NO.5326 - TA 

EXPRESSION OF INTEREST 

CONSULTANCY SERVICES FOR DRAFTING SIMPLIFIED FINANCIAL REPORTING STANDARDS FOR MICRO ENTITIES IN TANZANIA

1. This request for expression of interest follows the General Procurement Notice for 

this project that appeared online in Development Business (UNDB) issue number 

10944 of July 3rd, 2013. 

2. The Government of United Republic of Tanzania has received a credit from 

International Development Association (IDA) towards the cost of the Private 

Sector Competitive Project (PSCP), and intends to apply part of the proceeds of 

this credit to payment under the contract for consulting services for Drafting 

Simplified Financial Reporting Standards for Micro Entities in Tanzania. 

3. The objectives for this study is to assist National Board of Accountants and 

Auditors (NBAA) with developing and drafting simplified financial reporting 

standards and guidelines for Micro entities in Tanzania. The simplified financial 

reporting requirements should be consistent with the standards/guidelines issued 

by International Accounting Standards Board. It will be a third tier of the 

accounting standards applicable in Tanzania after the full IFRSs and IFRSs for 

SMEs.

4. The Bank of Tanzania (Client) as an implementing entity of PSCP – Access to 

Finance Component now invites eligible consultants to indicate their interest in 

providing the services. Interested consultants must provide information indicating that they are qualified to perform the services. Such information may include 

brochures, description of similar assignments, experience in similar conditions and 

availability of appropriate skills among proposed staff. Consultants may 

associate to enhance their qualifications. 

5. A short list of consulting firms will be prepared on the basis of Expressions of 

Interest submitted to Bank of Tanzania in writing. The selection method will be in 

accordance with procedures set out by the World Bank Guidelines; Selection 

and Employment of Consultants by World Bank Borrowers, January 2011. 

6. Interested consultants may obtain further information at the address given below 

between 0830 hours and 1630 hours, Monday – Friday inclusive, exclusive of 

public holidays, before the deadline for the submission of Expression of Interest. 

7. Expressions of Interest in writing, with corporate capability statement should be 

sent to:- 

Postal: Secretary 

BOT Tender Board 

Bank of Tanzania, 

P.O. Box 2939, 

Dar es Salaam, Tanzania. 

Physical: 2nd Floor, South Tower, 

2 Mirambo Street, 

11884 Dar es Salaam. 

E-mail: PMU@bot.go.tz 

Telephone No.: +255 22 2235194/5 

Fax No.: +255 22 2234053 

8. Deadline for submission of Expression of Interest is on Friday, 11th 

July, 2014 at 11.00 hours local time. 

Governor, 

Bank of Tanzania, 

11884 Dar es Salaam, 

Tanzania.