Press Release

Premier's Office
Office of the Governor
Release Date:
Tuesday, 4 December 2018 - 1:42pm

Request For Expressions Of Interest
Internal Audit Services

Notice Reference: RFP/0009


Background and scope

To guide an effective, efficient and transparent recovery process, the Government of the Virgin Islands has established the VI Recovery and Development Agency (the “Agency” or “RDA”) to implement the Virgin Islands Recovery & Development Plan (RDP). With an established and fully operational board of directors, governance and transparency of financial information is critical to the Agency’s success.

The Agency must ensure that it maintains adequate financial records and conduct the appropriate level of reporting to ensure accountability. Equally, it is essential that policy, procedures and controls are established to promote good and effective governance. In this regard, the Agency requires a qualified firm to set up and conduct the internal auditing services of the organization. The successful firm will set up and manage the internal audit process for the first 4 months following contract signature.

Submission guidelines

Expressions of interest should include a Technical submission in a sealed envelope demonstrating that they have the required qualifications and relevant experience to perform the services as well as a Commercial/Price Submission (also in a sealed envelope) for the provision of the following services in both parts with an option of selecting both or either service:

1. Set up of the RDA Internal Audit procedure and framework.

2. Management and implementation of the internal audit processes and procedures in line with the framework for a period of 4 months.

Firms will be evaluated on a technical and commercial basis with the scores being combined into an overall score. Interested eligible firms may obtain further information (including a copy of the Terms of Reference) at the address below during the hours: Monday to Friday, 08:30 a.m. to 17:00 hours.

Expressions of interest must be submitted in sealed envelopes at the address below by NOON on Monday 17th December 2018.

Virgin Islands Recovery and Development Agency

3rd Floor Ritter House Wickham’s Cay II, Tortola, Virgin Islands



Department of Information and Public Relations (GIS)

354 James Walter Francis Drive
RJT Edifice Building, 5th Floor
Road Town, TORTOLA VG1110

Tel: 284 468 2730
Fax: 284 468 2750