Service Provider: to Provide Internal Audit Services

THE SOUTH AFRICAN COUNCIL for the QUANTITY SURVEYING PROFESSION
Established in terms of the Quantity Surveying Profession Act 49 of 2000

SOUTH AFRICAN COUNCIL FOR THE QUANTITY SURVEYING PROFESSION (SACQSP)

REQUEST FOR PROPOSAL (RFP)

Appointment of a Service Provider to Provide Internal Audit Services

The South African Council for the Quantity Surveying Profession (SACQSP), a statutory body
established under the Quantity Surveying Profession Act (Act No. 49 of 2000), seeks to appoint
a suitably qualified, registered and experienced internal auditor to provide internal audit services on
a quarterly basis for a 3-year period.

RFP No.: SACQSP/2026/006
Submission details:

 Closing Date & Time:1400 hrs: 8 April 2026

 Delivery: Proposals must be submitted electronically to Email: [email protected] or hand-
delivered to: Office C, Cash Converters building, 22 Mac Mac Road, Waterfall Office Park, Vorna Valley, Midrand.
 Enquiries: Highlands Mhako Email: Email: [email protected]
Tel: 011 054 8300

Issued by:
The South African Council for the Quantity Surveying Profession (SACQSP) Web: http://www.sacqsp.co.za

REQUEST FOR QUOTATION /REQUEST FOR PROPOSAL
Provision of Internal Audit Services
South African Council for the Quantity Surveying Profession (SACQSP)

1. Background
The South African Council for the Quantity Surveying Profession (SACQSP), a statutory body
established under the Quantity Surveying Profession Act (Act No. 49 of 2000), seeks to appoint
a suitably qualified, registered and experienced internal auditor to provide internal audit
services on a quarterly basis.

2. Purpose of the RFQ/RFP
The purpose of this RFQ/RFP is to invite proposals from service providers to provide Internal
Audit functions which will be conducted on a quarterly basis for a 3-year period starting April
2026.

3. Scope of Work
The appointed service provider will be required to carry out the following duties:
3.1 Risk Assessment Review
 Update, Develop and Review the organisations’ Strategic and Operational Risk Matrix
 Identify, Update and Track new or emerging risks across Business Functions of the
Organisation (Operations – Registration, ESR and Legal Departments, including Professions Governance Mandates, ie: Recognition of Voluntary Associations, International Agreements, Recognition of New Categories, Guideline Fees, IDOW ,ICT) (Corporate –Marketing, Communication & Stakeholders Management, SCM, HR Management & Development, Finance, and ICT)
3.2 Internal Control Evaluation
 Test key internal controls for effectiveness.
 Review compliance with internal policies and procedures.
 Identify control deficiencies and recommend improvements.

3.3 Financial and Operational Audits
 Conduct scheduled audits on departments or processes.
 Verify accuracy and reliability of financial records.
 Review operational efficiency and resource utelisation.

3.4 Compliance Monitoring
 Ensure compliance with laws, regulations and industry standards.
 Review adherence to company policies and ethical guidelines.

3.5 Fraud and Risk Review
 Assess fraud risks and red-flags.
 Review controls on sensitive areas (Cash, Procurement and Payroll Management).
 Recommend mitigation plans to prevent fraud.

3.6 Reporting and Communication
 Prepare quarterly Internal Audit reports.
 Present findings to Management.
 Identify significant risks, control gaps, propose remedial processes.

3.7 Coordination and Advisory Role
 Coordinate with External Auditors.
 Participating in audit and/or finance committee meeting.
3.8 End of Year Audit
 VAT 201 reconciliations
 Assets (Cost/depreciation/disposals)
 Debtors accounts review
 Accruals reversals
 Leave provisions
 Provision for staff pay-outs
 Bad debts written-off review
 Provision for bad debts (if any)
 Any other arears of concern that may require Accountancy professional services

4. Evaluation Criteria
Proposals will be evaluated as follows:

5. Submission Requirements
Interested service providers must submit the following:
 Qualifications and proven track record as auditor.
 Proof of registration with the IIASA, SAICA, CIA or any relevant registration.
 Comprehensive CV
 At least two (3) contactable references.

6. Submission Details
 Closing Date: 1400 Hrs: 8 April 2026
 Delivery: Proposals must be submitted electronically to [email protected] or hand-delivered to: Office C, Cash Converters building, 22 Mac Mac Road, Waterfall Office Park, Vorna Valley, Midrand.
 Enquiries: Highlands Mhako Tel: 011 054 8300

7. General Conditions
 SACQSP reserves the right not to appoint any service provider.
 Late submissions will not be considered.
 All costs incurred in the preparation of the proposal will be for the service provider’s
account.
 The successful service provider will be required to sign a Service Level Agreement
(SLA) with SACQSP.
Criterion Weight
Company profile, experience & references 30%
Proposed methodology and approach 25%
Qualifications and Experince of staff key personnel 20%
B-BBEE status level 10%