Mar 14 • 16:26 UTC 🇱🇻 Latvia TVNET

The Audit Will Evaluate the Effectiveness of the SIF's Operations

The Latvian Ministry of Culture has announced a procurement for auditing the effectiveness of the Social Integration Fund's functions and support programs, with a contract value of nearly €42,000.

The Latvian Ministry of Culture (KM) has initiated a tender for an audit to assess the effectiveness of the operations, support programs, and expenditures of the Social Integration Fund (SIF). The projected contract value is approximately €42,000, excluding value-added tax, according to information from the Electronic Procurement System. The winning bidder will be responsible for evaluating the interaction and mutual compliance of the SIF's functions and administered programs, analyzing how these functions correlate with the implementation of support programs and adhere to the strategic objectives of societal integration.

The procurement documentation specifies that the audit will cover various processes within the SIF, including ensuring social inclusion. This entails assessing the implementation of the "European Social Fund Plus" program aimed at alleviating material deprivation. Additionally, the audit will examine the SIF's role in providing support for social innovation, evaluating projects related to the "European Social Fund Plus" initiative aimed at enhancing social cooperation and integration within society.

Conducting this audit is a significant step toward ensuring accountability and effectiveness in how public funds are utilized in Latvia's social integration efforts. The findings are expected to offer insights into the SIF's contribution toward achieving strategic integration goals and may influence future funding and support programs in the sector.

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