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Co-sourcing for IDC Financial Statement Review.

IDC

In plain English

The IDC is seeking a service provider for a co-sourcing arrangement to review annual financial statements and related reporting processes. Eligible bidders must comply with tax and other specified requirements.

Always check the official document
Closing date
18 November 2026
Location
19 Fredman Drive-Sundown-Sandton-2196
Estimated value
R 3 500 000
Published
3 November 2026
Tender no.
T60-11-26

Description

The Industrial Development Corporation (IDC) invites proposals for a co-sourcing service provider to assist with the review of Annual Financial Statements and financial reporting processes. The work involves evaluating financial controls, IFRS 9 compliance, valuation governance, and tax risk management. The service provider will also provide training and mentorship to IDC internal staff. The project is expected to commence upon award and conclude by 31 May 2027. Bidders must provide pricing for both one and two financial cycles. The work will be performed under the direction of the IDC Internal Audit department.

What you need to qualify

  • CSD registration — Registration on the Central Supplier Database — required to do business with government.
  • Tax clearance — A valid SARS tax compliance status (PIN) showing your tax affairs are in order.

Full requirements

  • Must have valid SARS tax compliance status
  • Must be registered on the Central Supplier Database (CSD)

Contact & how to apply

Name: Joseph SHADRECK Phiri

Email: josephp@idc.co.za

Phone: 011-269-3810

How to apply: Applications must be submitted electronically via the dedicated IDC SharePoint portal link provided in the tender documentation. Submissions must be in Microsoft or PDF format and must be uploaded before 11:00 AM on 18 November 2026.

Download tender documents

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