POPULATION SERVICES INTERNATIONAL (PSI)
REQUEST FOR PROPOSALS
FOR THE PROVISION OF PROFESSIONAL FINANCIAL SERVICES
(RFP) NO.: IM_2021_007_Financial Services (US-Based Firms ONLY)
TO PROVIDE : FINANCIAL SERVICES IN SUBCONTRACTOR EXPENDITURE VERIFICATION
ISSUE DATE : NOVEMBER 9, 2021
LAST DATE FOR RECEIPT OF
CLARIFICATION QUESTIONS BY PSI : NOVEMBR 16, 2021
LAST DATE FOR RESPONSES BY PSI : NOVEMBER 19, 2021
RFP CLOSING DATE AND PLACE : NOVEMBER 30, 2021
PROPOSALS MAY BE DELIVERED BY EMAIL TO: Leticia Isambo (firstname.lastname@example.org)
Background: PMI Impact Malaria Program
The US Presidents Malaria Initiative (PMI) Impact Malaria project is PMI’s flagship global malaria service delivery project, helping to improve the quality and increase the delivery of malaria diagnosis and treatment services in up to 27 countries around the world. PMI Impact Malaria is a USAID contract hosted and led by PSI as the prime contractor.
PMI Impact Malaria works with national malaria control programs to help tackle these challenges by:
The PMI Impact Malaria (IM) team is a result focused, multi-disciplined and multi-cultured team, based out of Washington DC, working through PSI country offices as well as through our international subcontractors Jhpiego, Medical Care Development International (MCDI), and University of California San Francisco (UCSF) and Akros with Total Family Health Organization (TFHO) as a local subcontractor The IM team currently has 34 active task orders (with a potential to see this number increase soon). A monthly invoice is required per task order and must be paid within 45 days of receipt. Thus, monthly, there are currently a total of 34 invoices submitted to the IM Finance Team for review and validation.
PSI is seeking a Firm or consultant to complete the financial verification of all subcontractor expenses thereby ensuring proper stewardship of donor funds and compliance with the terms and conditions of the subcontractor agreement.
The selected Firm or consultant will be responsible for review of the subcontractors’ monthly financial reports per PSI financial verification policies, Standard Operating Procedures (SOP), and the subcontractor financial review checklist and comparing expenditures against subcontractor financial reports so that IM can bill the donor, and also track questioned and disallowed costs. The purpose of this verification is also to detect control weaknesses, to report the subcontractor, and to document subcontractor plan to address identified weaknesses. Specifically, the selected vendor will be expected to do the following:
Operational Support, Compliance, and Reporting