November 15, 2025, Somalia
An individual technical expert has been given a 12-month consulting contract by the Federal Government of Somalia as part of the Somalia Enhancing Public Resource Management Project (P177298). On November 15, 2025, the USD 150,000 contract was formally awarded, reaffirming Somalia's dedication to improving financial governance and updating public sector infrastructure.
Enhancing the Public Resource Management System in Somalia
Under reference SO-MOF-SL-469943-CS-INDV, the consultancy was obtained using the Individual Consultant Selection (INDV) method. The Somaliland Financial Management Information System (SLFMIS), an essential platform used to improve accountability, transparency, and operational efficiency across public institutions, is the main focus of the assignment.
Both the final evaluation price and the signed contract price were confirmed at USD 150,000, and the consultant won the award after placing first in the final evaluation.
Important Contract Information
-
Project: Public Resource Management Improvement in Somalia (P177298)
-
IDA-E1360 financing
-
The Federal Government of Somalia's Ministry of Finance (Somaliland Component) is the procurement entity
-
SLFMIS Technical Support
-
Contract Length: 12 Months
-
Method of Procurement: Individual Consultant Selection, or INDV
-
150,000 USD is the contract value
-
November 15, 2025, is the award date
-
Consultant Address: Somalia
The Importance of This Agreement
The continuous public financial management (PFM) reforms in Somalia are essential to bolstering domestic revenue mobilisation, boosting donor confidence, and strengthening governance. It is anticipated that this technical assistance contract will result in observable improvements by
-
improved financial reporting standards for both national and local governments
-
enhanced public account integration, enabling more precise spending monitoring and budgeting
-
enhanced the Ministry of Finance's PFM capability, allowing for long-term institutional resilience
-
assistance with digital transformation, decreasing manual procedures, and enhancing adherence to global standards
Context: The Project's Overarching Function
A flagship project called the Enhancing Public Resource Management Project aims to improve fiscal transparency, modernise Somalia's financial management systems, and create long-lasting institutions in a post-conflict governance setting. The government gets closer to attaining reliable public spending, enhanced oversight, and better service delivery by moving forward with the implementation of SLFMIS.
Final Thoughts
A major turning point in Somalia's financial reform agenda has been reached with the recently awarded contract. The consultant's work is anticipated to directly support more effective and transparent public resource management over the course of the upcoming year, which is crucial for long-term growth, public trust, and economic stability.
Latest Government Tenders and Contract Awards in Somalia - TendersOnTime
- TendersOnTime - Your trusted source for latest government tenders, RFPs, RFQs, and contract awards in Somalia
- Stay updated with the latest public procurement opportunities and tender notices in Somalia at TendersOnTime
- Find all Somalia government tenders, eProcurement updates, and contract award notices on TendersOnTime
- Explore live tenders, bids, and procurement opportunities in Somalia with TendersOnTime - The global tender portal
- TendersOnTime brings you verified tenders, procurement news, and contract awards from Somalia and worldwide
#Somalia #PublicResourceManagement #ContractAward #ProcurementNews #PFMReforms #GovernmentContracts #WorldBankProjects #FinancialManagement #SLFMIS #SomaliaPublicFinance #TenderResults #ConsultancyAward #GovernanceReforms #IDAProjects #Somaliland #DigitalFinance
