Subcontractor will carry out the following Tasks, as described below. A. Tasks Subcontractor, in close coordination with BCP, will:
Report on assessment of internal controls and procedures, areas of weakness, their impact and corrective actions needed to be taken by the organization.
Review the Scope of work submitted to the Audit firms and assist BCP is addressing all the issues which will be reviewed by the USAID Auditors.
Assist in the Preparation of the Draft Financial Report
The Subcontractor will deliver the following outputs as described in the above tasks:
A draft 2014 Financial Report.
A narrative report detailing a)the complete review and addressing of all matters that may give rise to questioned or disallowed costs and b) BCP’s audit readiness.
Develop a Matrix of the Issues to be audited according to the SOW and Status of Progress for each item.(This should have a complete status)
The assignment, as in the Tasks and Deliverables under Sections A and B will be completed within a total level of effort of Ten (10) work days. A proposed schedule for the Tasks and Deliverables is as follows:
Action Plan Milestones No Milestones Date (as applicable)
Entry and Planning 5 nd June, 2015
Review of all financial, Grants documentation and fixing all issues that might give rise to questioned costs. 8 nd -19th June,2015
Narrative report 22nd June ,2015
Draft Financial Statement for 2014 23rd June, 2015
D. Level of Effort
The Maximum Level of effort for this subcontract is 10 days; this can only be increased with an approval of the Chief of Party.
E. Reporting Relationships
The Subcontractor will report to the Chief of Party or their designee. The Subcontractor will collaborate with other BCP technical team members and partners as appropriate and will work closely with participants throughout the consultation period. The Subcontractor is responsible for identifying and carrying out any additional tasks that may be required to complete the deliverables.
F. Key Personnel
The Subcontractor shall specify who the key personnel are for this subcontract. The Subcontractor shall not replace any key personnel under this service agreement without the approval of the Chief of Party.