Tenders Are Invited For Consultancy Services For Development Of Curriculum And Related Activities

Request For Expression Of Interest For Consultancy Services For Development Of Curriculum And Related Activities For The Delivery Of Training On Corporate Governance For Boards And Management Of State Owned Enterprises Soes In Ghana Procurement Method Selection Based On Consultants QualificationNotice No Op00075944 N Bsp Nbsp Ministry Offinance Ghana Economic Managementstrenghthening Technical Assisstan Ce Gems Ta ProjectConsultancy Services Fordevelopment Of Curriculum Am P Related Activities For The Delivery Of Training On Corporate Governance Forboards And Management Of State Owned Enterprises Soe S In Ghana Nb Sp N Bsp Nbsp Firm Selection Nbsp Request For Expression Of Interest Eoi N Bsp Nbsp Package Number Gh Mof Gems 101753 Cs CqsBackgroundState Ownedenterprises Soes Are Key Features Of GhanaS Economy And Can Be Sources Of Fiscal Risks To The Country Rsq Uo S Publicfinances Soes Tend To Underperform Due To A Variety Of Factors Including Fundamental Problems In Their Governance As Part Ofefforts To Enhance Fiscal Discipline Through Prudent Management Of Public Resources The Government Of Ghana Gog With Supp Ortfrom The World Bank Reviewed The Governance Framework For Soes Sector The Corporate Governance Review Concluded That The Underperformance Of Many Of The Soes Was Partly Attributable To Their Governance Challenges Which Impacted Adversely On Theirperformance These Governance Issues Relate To The Underlying Rules Processes And Institutions That Govern The Relationship Betweeen Soes And Performancegovernment As The Sole Shareholder The Corporate Governance Review Also Assessed The Corporategovernance Practimajor Soes Namely Volta River Authority Electricity Company Of Ghana Ghana Water Company Limited Ghananational Petroleum Corp Oration And Tdc Development Company Limited Some Of The Key Challenges Identified Included I The Lack Ofa Clear Framework For St Ate Oversight Of The Soe Sector Ii Weak Boards And Management That Lack Autonomy In Commercialdecision Making Iii Weak Disclo Sure Practices To Hold Soes Accountable For Results And Iv The Fragmented And Uncoordinatedmanagement Of Soes By Multiple Govern Ment Organizations The Collective Impact Of These Weaknesses Has Been Inadequatedelivery Of Critical Public Services Loss Es And Inefficient Operations Which Undermine The Viability Of The Soes Improving Soegovernance Therefore Requires Actions In Fo Ur Main Areas For Reform Highlighted In The Review Viz Improving Thelegal And Regulatory Framework Stre Ngthening The StateS Ownership Role Professionalizing Soe Boards AndEnhancing Transparency And Disclos Ure Gog Has Adopted A Strategy To Address These Governancechallenges In The Soe Sector The Strategy Is Ultimately Intended To Ensure Healthy And Functional Soes Using Organisational Operational Technical And Financial Best Practices A Number O F Key Reform Initiatives Aimed At Setting Soes On A More Efficientand Sustainable Path As Well As Improving Their Service Deliveryand Contribution To Our Economic Development Process Are Beingimplemented The Ministry Of Finance Mof Has Received Supp Ort From The World Bank Under The Ghana Economic Managementstrengthening Technical Assistance Gems Ta Project To Implemen T Some Of These Reform Initiatives Including Enhancingthe Capacity Of The Boards And Senior Management Of Soes To Effectively And Efficiently Perform Their Duties And Responsibilitiesthrough Training Peer To Peer Learning And Other Means To Place The Capacit Y Building Of Soe Boards And Senior Management On Amore Sustainable Footing The Government Intends To Design And Implement A Compr Ehensive And Continuous Training Program At Asuitable National Training Institution To Provide The Requisite Training To The Boardsand Management Of Soes Moftherefore Seeks To Recruit A Credible National Or International Consulting Firm Hereinafter Te Rmed The Firm To Develop Acomprehensive Curriculum And Required Training Structures In Corporate Governance Corporate Finance St Rategic Management Auditing And Risk Management For The Boards And Management Of Soes Objectives Of The AssignmentThe Main Objective Of This Assignment Is To Develop A Sustainable Plan For Building The Capacity Of Boards Andmanagement As Identified In The Scope Of The Assignment Below Ultimately The Assignment Is Expected To Result In The Development Oof Maa Corporate Governance Curriculum Based On International Standards Oriented Towards Board Members And Management Of The Soes The Election Of A National Training Institution To Deliver Training And Address Immediate Capacity Gaps Among The Boards Andmanagementof Soes In The Identified Areas The Assignment Will Also Entail The Training Of Public Officials Involved In Theoversight Govern Ance And Management Of Soes Scope Of The AssignmentThe Firm Shall Be Expectedto Undertake The F Ollowing Activities Under This Assignment Develop And Pilot A Curriculum For The Training Ofboards And Management O F Soes Covering All Aspects Of Corporate Governance Including But Not Limited To Principles Of Corporategovernance Regulatory Re Quirements Structuring An Effective Board Managing Board Activities Finance For Non Finance Directors Role Of Audit Committees A Nd Internal Audit Executive Management Responsibilities Relationship Between Management And The Board Strategic Planning And Mana Gement Risk Management Role Of Information Technology In Modern Business Administration And Corporategovernance Financial Report Ing And External Audits Procurement And Investment Management Human Resources And Business Ethics The Firm Would Be Invited To Su Ggest Additional Topics Particularly Relevant To GhanaS Soes The Curriculum Must Meetinternational Standards And Be Based O N Current Good Practices In Corporate Governance It Should Also Include Relevant Case Studymaterial To Be Able To Help Participant S Apply Ideas In A Practical Manner Develop Criteria For And Assist In Theselection Of A National Training Institution S To Deliver Training Based On The Corporate Governance Curriculum Developedin Paragraph A Above For Boards And Management Of Soe S Design And Implement A Comprehensive Approach To Buildcapacity Of The Selected National Training Institution S To Deliver Training Based On The Corporate Governance Curriculum On Asustainable Basis Address Immediate Capacity Gaps I N The Area Of Corporate Governance By Providing An Interim Capacitybuilding Program To The Selected Boards And Management Of Soes Li Facilitate Stakeholder Engagements And Other Meetingsrelevant To The Scope Of Work Of This Assignment Including But Not Limited To The Preparation And Delivery Of Presentations Preparation Of Meeting Stakeholder Engagement Reports DurationThe Duration Of Theassignment Is Estimated At Five 5 Months The Successful Firm May Propose An A Lternative But Reasonable Duration For Thisconsultancy Selection CriteriaThe Ministry Inviteseligible Consultant To Indicate Theirinterest In Providing The Above Mentioned Services Interested Consultant Should Provide Info Rmation Demonstrating The Requisitequalifications And Experience To Perform The Services The Shortlisting Criteria A Re Ten 10 Yearsof Practical Experience In The Area Of Corporate Governance Corporate Finance Business Administr Ation And Relatedfields Ten 10 Years Of Extensive Knowledge And Experience In Capacity Development In The Areas Of Cor Porategovernance Corporate Finance And Business Administration With A Special Focus On Strengthening Institutional And Technical Capacities Of Public Administration Systems Ten 10 Years Of Experience In The Development Of Curriculum In The Areas Ofcorporate Governance And Related Fields Five 5 Years Of Experience In The Design And Delivery Of Training Programs Oncorporate Governance To Public Sector Institutions Demonstrate At Least Two Similar Assignments Delivered In The Last 5 Yy Cars Demonstrate Availability Of At Least Three 3 Key Experts With A Minimum Of Five 5 Years Of Experience Incorpora E Governance Capacity Development And Related Fields Provision Of Certified Audited Accounts From 2016 To2018 The Firms Will Be Selected In Accordance With Consultant Qualification Selection Cqs Methodas Set Out In Th E Consultant Guidelines Selection And Employment Of Consultants Under Ibrd Loans And Ida Credits Grantsby World Bank Bor Rowers Consultant Guidelines January 2011 Version Revised In2014 Interested Consultant May Obtain Detailed Terms Of Reference And For Further Clarification Please Contact Us Vialamankwah Mofep Gov Gh Dfoli Mofep Gov Gh From 9 00Am To 4 00Pm Monday Through Friday Except On Publicholidays Expressions Of Interest S Hall Be In English And Must Be Delivered In Hard Copies One Original And Four Copies And Clearly Marked Consultancyservices For The Development Of Curriculum Related Activities For The Deliveryof Training On Corporate Governance For Boardsand Management Of State Owned Enterprises Soes In Ghana To Theprocurement Unit Room 340 Third Floor Old Block Ministry Of Finance On Or Before In Person By 3 00Pm Friday August30 2019 Note Eois Not Submitted In Room 340 Main Block Would Be Deemed Not Responsive The Addr Ess Is The Chiefdirector Ministry Of FinanceBox Mb 40 Accra GhanaAttn Procurement UnitRoom 340 Main BlockTel 0302 747197 Ext 1540 Disclaimer The Above Text Is Machine Translated For Accurate Information Kindly Refer The Original Document

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