USAID/WBG Audit Guidelines ATTACHMENT 3: Guidance on How to Select Appropriate SOW
The objective of this engagement is to conduct a financial audit of USAID resources managed by the recipient/sub-recipient under the above-mentioned award(s)/sub-award(s).
I. TITLE
1. Examination of xx compliance with Terms and Conditions of xx Number xx for the period from xx to xx
[ Insert the audit title per the audit notification letter]
Locally incurred costs do not only include costs that are “paid” locally. Locally incurred costs include costs incurred in the West Bank, Gaza and Israel, even if paid in or from the U.S. - where it is the auditor’s responsibility to define its materiality. If material, these costs should be audited.
Technical Guidance to the TEC Members
This memo provides Technical Evaluation Committee members guidance for evaluating applications for the referenced RFP. Each member of the TEC should be familiar with the process.
Since these are RIG/Cairo approved audit firms you are to give more weight on technical evaluation based on the given evaluation criterion. Cost is not the only or a controlling factor.
Comment
Make a general inquiry or suggest an improvement.