Transparency initiative annual report

Scope of work

Moore Stephens Azerbaijan has been announces as the winner of the tender as per the “Request for Proposals on Selection Procedure and Scope of Works of Independent Administrator for the year 2015, 2016 and 2017” (henceforth the “RFP”s).

The objective of the Independent Administrator was to collect, review and reconcile payments/allocations made to the Government by extractive companies and payments/allocations received by the Government from extractive companies for the year ended 31 December 2015 as well as to collect and structure other information and data required by the EITI Standard approved at the 7^th EITI Global Conference.
The scope of work is comprised of the following phases, and has been performed in accordance with the RFP approved by the MSG as follows:

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  Analysing the scope of work, preparation of the inception report and its presentation to the members of MSG;
  
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  Collection of the completed forms directly from the participating reporting entities and the Commission;
  
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  Identification of discrepancies while reconciling reports collected from the Companies with the report submitted by the Committee;
  
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  Discussions with the Companies and the Committee with the purpose of clarification of identified discrepancies;
  
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  Collection and structuration of other information and data required by the EITI Standard approved at the 7^th Global Conference;
  
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  Preparation of the draft EITI Report and its dissemination to the members of MSG;
  
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  Making relevant adjustments/amendments in the Report on the basis of comments received from MSG on the draft EITI Report;
  
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  Presentation of the final EITI Report to the members of MSG and its publication.
  

We set out our findings in this Report and associated annexes. The purpose of the reports provided by the companies and the Government to the Independent Administrator is their reconciliation. As the reconciliation process did not intend and was not designed to constitute an audit of the reports submitted by companies and the Government, we do not express any assurance on the figures and procedures presented in the Report.