"Technical; Financial; Legal and HR audit of Telecom sector state-owned enterprise in East Africa"


  • SOLICITATION NUMBER: 0002018981
  • INSTITUTION:  IBRD/IDA
  • ASSIGNMENT LOCATION: Burundi
  • ISSUE DATE AND TIME: Oct 20,2025 05:15
  • CLOSING DATE AND TIME: Nov 04,2025 00:59

The overall objective of the mission is to provide recommendations to an East African Government  in its decision-making process regarding the strategic restructuring of a telecom  sector de facto state-owned enterprise; by conducting an objective and up-to-date assessment of the operator's technical infrastructure; financial and accounting management; legal status; and human resources.More specifically; the mission will aim to:1) Conduct a comprehensive technical audit of the company; including tangible assets such as telecommunications and energy infrastructure; land; buildings; as well as intangible assets such as licenses and rights of way. The audit of tangible assets will assess physical conditions; operational efficiency; and compliance with relevant standards to ensure a clear understanding of the condition of the assets; while the audit of intangible assets will assess the validity; valuation; legal and data protection; operational usefulness; and sustainability of the rights associated with these assets (patents; licenses; software; etc.).2) Conduct a limited review of the company's historical financial statements for the last three years; in accordance with ISRE 2400 (revised) “Engagements to Review Historical Financial Statements”.3) Review the legal framework for privatization and the legal and regulatory framework for the digital sector in order to identify obstacles to the restructuring of the company.4) Conduct an organizational and human resources audit of the company. This audit will assess the company's skills requirements.5) Estimate the overall financial value of the company; by summarizing the value of the company's assets and liabilities (including debts to suppliers; social security debts; tax obligations; regulatory fees; customer receivables; etc.).6) Identify options for the strategic restructuring of the company (opening up capital to the private sector; merger/acquisition with an existing operator; concession; etc.); to revitalize the operator and enable it to play a leading role in country's digital transformation.

The World Bank Group reserves the right to publicly disclose contract award information, including but not limited to, name of company receiving the award, brief description of services, and contract award amount, for any contract award valued over US$100,000. Offeror's proposal and contractual documents will remain confidential and therefore not subject to disclosure.

The World Bank Group values supplier diversity and encourages businesses owned by women, minorities, lesbian, gay, bisexual and transgender (LGBT) individuals, and people with disabilities to participate in this opportunity. Please indicate in the response if you meet one of these diverse categories and specify the certification body you utilize.

The World Bank reserves the right to reject any or all responses without recourse.

Welcome