Annual general report of the controller and - Parliament of Tanzania
Annual general report of the controller and - Parliament of Tanzania Annual general report of the controller and - Parliament of Tanzania
and Scoop News Studio at TVT Mikocheni (for GBP 53,212 and supply of internet service (for Tshs.172,000,000) awarded to P Squared Limited of UK and WiA Company Limited respectively. • The Tanzania Ports Authority Management should commission an investigation on the award in favour of a joint venture between M/s Tangerm LTD of Dar es Salaam and M/s Techno Combine Construction LTD on the construction of a container staking yard at ex- TANESCO for Shs.4,165,666,875. 14.7 Contract Management The common practice includes weak and vague contracts, breaching of contracts and absence of contracts. Given the outcomes of the review of some legal contracts that were entered into by Public Authorities and other Bodies the following recommendations are drawn:- Recommednation • TANESCO management should immediately review the Songas project cost to establish the correct amount which should be paid. • Bank of Tanzania management should review the existing contract for the extension of BOT Headquarters building work to ascertain whether it is still valid and that the Bank is safeguarded from contract risks. The review should also involve terms and conditions with sub-contractors and consulting engineers. Maximum contract price and completion timetable should be agreed with the Contractor. Since the Bank will continue to have major contractor such as Estate management and IT, it should consider developing Project Management Methodology as well as develop a programme aiming to build the Bank’s internal capacity to manage major contracts. • Bank of Tanzania management should institute a competent independent investigation on the transactions of Insurance for Construction of Head ___________________________________________________________ Office of the Controller and Auditor General PA&oBs 2007/08 238
Office building at BoT and take appropriate cause of action including recovery of the premiums. • The Board of Trustees of the National Social Security Fund (NSSF) should confirm whether value for money was attainment during implementation of Oracle ebusiness suite Applications and Core Fund Management System project by commission an investigation on the project. • The Board of Trustees at NSSF should initiate an investigation on all irregularities surrounding the transaction for disposal of Executive Apartments at ADA Estate Kinondoni area with a view to establish its propriety. The corrective measures should thereafter be taken for the Fund failure to institute the signed agreement accordingly. • Management and Board of Trustees of NSSF should confirm that value for money was realized on disposal of the Club Oasis properties or otherwise commission an independent investigation to confirm the genuineness of the whole transaction. 14.8 Assets Management The Ministry of Finance and Economic Affairs should be fully supported by the Government to set up a special unit that will be responsible for investment appraisal of public sector investments above a specified threshold. There is need for such a body considering the current situation where negative returns are being earned on GoT investments. Once a project has been appraised and found viable, GoT needs to prioritize funding for projects with the most attractive returns. 14.9 Corporate Governance Good Corporate Governance makes it mandatory for PA&oB to institute sound policies towards proper management of resources. In achieving this fundamental goal, organizations need to institute a series of aspects that shall enable them to exercise effective controls for elimination of wastes fortified by fraud, negligence, embezzlements and sloppy ___________________________________________________________ Office of the Controller and Auditor General PA&oBs 2007/08 239
- Page 207 and 208: 3.7 Millions (2006) loan 9. Kiwira
- Page 209 and 210: een executed and availed as support
- Page 211 and 212: Tanzania Posts Corporation is an ag
- Page 213 and 214: 10.0 Introduction CHAPTER TEN HUMAN
- Page 215 and 216: employees. The appraising system he
- Page 217 and 218: without employment contract contrar
- Page 219 and 220: to a lower rank, status and pay whi
- Page 221 and 222: 10.8 Accumulation of annual leave b
- Page 223 and 224: 11.0 Introduction CHAPTER ELEVEN CO
- Page 225 and 226: Dar es Salaam City Council since th
- Page 227 and 228: allowances varies from one organiza
- Page 229 and 230: 11.3 Parliamentarians serving as Di
- Page 231 and 232: make final decisions to an autonomo
- Page 233 and 234: CHAPTER TWELVE RESULTS OF PRIVATIZA
- Page 235 and 236: 12.1.1 Public Authorities and other
- Page 237 and 238: Shs.85,905,745,060 being paid up sh
- Page 239 and 240: total potential of paid up share ca
- Page 241 and 242: alances as at 31 st December, 2007
- Page 243 and 244: CHAPTER THIRTEEN RESULTS OF SPECIAL
- Page 245 and 246: from the existing training arrangem
- Page 247 and 248: evidenced by fuel adulteration whic
- Page 249 and 250: esult of stock taking exercise as a
- Page 251 and 252: CHAPTER FOURTEEN CONCLUSIONS AND RE
- Page 253 and 254: Recommendation • The Board of Dir
- Page 255 and 256: • No monthly bank reconciliations
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- Page 261 and 262: • The Government should enter int
- Page 263 and 264: e based upon the interests of consu
- Page 265 and 266: • There is an ambiguity in the ro
- Page 267 and 268: in terms of likelihood of occurrenc
- Page 269 and 270: 14. for Universities Tanzania Commu
- Page 271 and 272: 28. Government Employees Provident
- Page 273 and 274: 9. Mzumbe University 10. University
- Page 275 and 276: Annexure 2 Audits Public Authoritie
- Page 277 and 278: Wildlife Research Institute (TAWIRI
- Page 279 and 280: 3. Kigoma/Ujiji Urban water Suppy a
- Page 281 and 282: Higher learning institutions and Co
<strong>and</strong> Scoop News Studio at TVT Mikocheni (for GBP<br />
53,212 <strong>and</strong> supply <strong>of</strong> internet service (for<br />
Tshs.172,000,000) awarded to P Squared Limited <strong>of</strong> UK<br />
<strong>and</strong> WiA Company Limited respectively.<br />
• The <strong>Tanzania</strong> Ports Authority Management should<br />
commission an investigation on <strong>the</strong> award in favour <strong>of</strong><br />
a joint venture between M/s Tangerm LTD <strong>of</strong> Dar es<br />
Salaam <strong>and</strong> M/s Techno Combine Construction LTD on<br />
<strong>the</strong> construction <strong>of</strong> a container staking yard at ex-<br />
TANESCO for Shs.4,165,666,875.<br />
14.7 Contract Management<br />
The common practice includes weak <strong>and</strong> vague contracts,<br />
breaching <strong>of</strong> contracts <strong>and</strong> absence <strong>of</strong> contracts. Given <strong>the</strong><br />
outcomes <strong>of</strong> <strong>the</strong> review <strong>of</strong> some legal contracts that were<br />
entered into by Public Authorities <strong>and</strong> o<strong>the</strong>r Bodies <strong>the</strong><br />
following recommendations are drawn:-<br />
Recommednation<br />
• TANESCO management should immediately review <strong>the</strong><br />
Songas project cost to establish <strong>the</strong> correct amount<br />
which should be paid.<br />
• Bank <strong>of</strong> <strong>Tanzania</strong> management should review <strong>the</strong><br />
existing contract for <strong>the</strong> extension <strong>of</strong> BOT Headquarters<br />
building work to ascertain whe<strong>the</strong>r it is still valid <strong>and</strong><br />
that <strong>the</strong> Bank is safeguarded from contract risks. The<br />
review should also involve terms <strong>and</strong> conditions with<br />
sub-contractors <strong>and</strong> consulting engineers. Maximum<br />
contract price <strong>and</strong> completion timetable should be<br />
agreed with <strong>the</strong> Contractor. Since <strong>the</strong> Bank will<br />
continue to have major contractor such as Estate<br />
management <strong>and</strong> IT, it should consider developing<br />
Project Management Methodology as well as develop a<br />
programme aiming to build <strong>the</strong> Bank’s internal capacity<br />
to manage major contracts.<br />
• Bank <strong>of</strong> <strong>Tanzania</strong> management should institute a<br />
competent independent investigation on <strong>the</strong><br />
transactions <strong>of</strong> Insurance for Construction <strong>of</strong> Head<br />
___________________________________________________________<br />
Office <strong>of</strong> <strong>the</strong> Controller <strong>and</strong> Auditor General PA&oBs 2007/08 238