Request For Hand in Hand Afghanistan Organization (HIHAO)
Request For INVITATION TO TENDER FOR ANNUAL PROJECT AUDIT SERVICES
Annual audit for the period ended 31st December 2022 of the Danida Market Development Partnership (DMDP) grant from the Ministry of Foreign Affairs of Denmark to Hand in Hand International and Hand in Hand Afghanistan.
These Terms of References (ToR) cover the annual audit of the financial statements for the DMDP project ‘Organic growth: taking Afghanistan's first organic saffron value chain to scale’. The audit includes both the financial audit and performance audit of the project.
The audit will cover the financial statements for the period 01-01-2022 to 31-12-2022 presented as per the financial statements template applicable to DMDP projects.
DMDP is a business instrument, which falls within the Danish government’s priorities for Development Cooperation as articulated in the Strategy for Development Cooperation and Humanitarian Action – ‘The World 2030’. DMDP is designed to support commercially oriented partnerships for sustainable market development in developing countries that contribute to the achievement of the Sustainable Development Goals (SDG) with participation from civil society organisations, private business, public institutions etc. Consequently, each partnership project is implemented by a consortium and builds on a business case, which addresses a key development challenge and, as such, the business case is an important foundation for achieving the project’s development objective.
The DMDP Administrative Guidelines are applicable for all organisations receiving funds from the Danish Ministry of Foreign Affairs (DMFA) in support of a DMDP project. The overarching principle of the DMDP is that a project should have at least a 25% own contribution from the participating consortium partners. Another key principle is that the DMFA support can only cover activities of non-commercial partners. Commercial partners must cover own expenses linked to their participation in the project. Further, a DMDP project should be economically efficient and effective.