Opportunity Overview
REQUEST FOR EXPRESSIONS OF INTEREST
Country
Federated States of Micronesia
Project
Project for Strengthening Public Financial Management II (P181237)
Project Implementing Agency / Client
Department of Finance and Administration (DOFA)
Assignment Title
Finance Consultant for Chuuk State
Selection Method
Open International
Contract Type
Time Based
Reference No.
FM-DOFA-574065-CS-INDV
Credit/Grant No.
IDA-E4120
Date of Advertisement
October 16, 2026
Deadline for Submission
October 31, 2026
The Government of The Federated States of Micronesia (FSM) has received financing from the World Bank toward the cost of the Strengthening Public Financial Management II (PFM II) Project (P181237) and intends to apply part of the proceeds for consulting services.
The consulting services (“the Services”) involve providing full-time technical advisory and capacity-building support under Component 2 – Expand Core Financial Management Information System (FMIS), Subcomponent 2.1 – Continued Rollout of Core Public Finance System of the PFM II Project.
The Finance Consultant for Chuuk State will support the Chuuk State Finance Department in the continued rollout, operationalization, and stabilization of the FreeBalance FMIS. The assignment will focus on validating financial transactions and data migrated from FundWare to FreeBalance, reconciling FY26 opening balances, strengthening accounting and financial reporting processes, improving internal controls related to FMIS operations, and building the capacity of State Finance staff to use the system effectively and sustainably.
The key responsibilities will include, but not be limited to:
• Reviewing and validating financial transactions, account balances, and data migrated from FundWare to FreeBalance, including the reconciliation and validation of FY26 opening balances.
• Supporting FreeBalance stabilization by identifying, documenting, prioritizing, escalating, and following up on...
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| Issuing agency | World Bank -- Strengthening Public Financial Management II Project |
|---|---|
| Country | Micronesia, Federated States of |
| Category | Education |
| Published | October 14, 2026 |
| Procurement stage | Sources Sought |
| Response due | October 31, 2026 |
| Status | Open — accepting responses |
| Official source | View original notice |
| Last verified | October 21, 2026 |
Source: The World Bank — Open Data, licensed CC BY 4.0.
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