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Public Notice: The National Insurance Board (NIB) invites suitably qualified accounting firms

Public Notice: The National Insurance Board (NIB) invites suitably qualified accounting firms

12/29/2021 7:37:52 AM
Public Notice: The National Insurance Board (NIB) invites suitably qualified accounting firms to submit a proposal to serve as independent auditors for the audit of the National Insurance Fund's consolidated financial statements, for a three-year period commencing with the fiscal year ending December 31, 2021. Interested firms may access details on the Government of the Bahamas EProcurement and Supplier Registry Portal at https://suppliers.gov.bs/ Deadline is January 17th, 2022 The National Insurance Board Reserves the right to accept or reject any of all bids/interest that have been submitted for consideration.

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IMPACT OF MINIMUM WAGE ON NATIONAL INSURANCE CONTRIBUTIONS
The Government of The Bahamas has announced that there will be an increase in the Minimum Wage effective August 15, 2015. In this regard, the National Insurance Board advises employers that for all workers impacted by the change in the minimum wage, there will be a corresponding increase in contribution payments for the month of August and thereafter.