| Ministry/Division |
: |
Ministry of Finance |
| Agency |
: |
Bangladesh Bank |
| Procuring Entity Name |
: |
Executive Director & CEO Bangladesh Infrastructure Finance Fund Limited (BIFFL) |
| Procuring Entity Code |
: |
|
| Procuring Entity District |
: |
Dhaka |
| Expression of Interest for Selection of |
: |
Individual Consultant (National) (Lump-Sump) |
| Title Of Service |
: |
Selection of Innovative Financial Product Development Specialist for BIFFL |
| EOI Ref. No. |
: |
BIFFL/Admin-4.11/2019-2038 |
| Date |
: |
20/06/2019 |
KEY INFORMATION
|
| Procurement Sub-Method |
: |
Selection of Individual Consultants (SIC) |
FUNDING INFORMATION
|
| Budget and Source of Funds |
: |
Development Budget Grant/Credit |
| Development Partners |
: |
IDA |
PARTICULAR INFORMATION
|
| Project/Programme Name |
: |
Investment Promotion and Financing Facility II (IPFF II) Project |
| EOI Closing Date and Time |
: |
11/07/2019 03:00 PM
|
| Publication Date |
: |
23/06/2019
|
INFORMATION FOR APPLICANT
|
| Brief Description of Assignment |
: |
The scope of services of the Consultant will include but not limited to the following:
• Prepare gap analysis report identifying the need for innovative products and their required features keeping in mind the financial market of Bangladesh.
• Based on the recommendations of gap analysis, develop minimum four (4) innovative financial products and product specific operational directives, policies and guidelines considering best market practice.
• Prepare marketing strategy for newly developed products.
• Provide orientation on the newly developed products by conducting knowledge-sharing sessions to the potential sponsors/ subprojects, Participating Financial Institution (PFIs) etc.
• Develop and share financial models for minimum four (04) innovative products with BIFFL’s investment units and other stakeholders.
• Successful implementation of minimum four (04) innovative products (up to final disbursement stage as stated in the credit approval process of BIFFL’s Credit Policy 2014).
• Conduct review and revision of product specific operational directives, policies and guidelines upon appraising the performance of the new product. |
| Experience, Resources and Delivery Capacity Required |
: |
Qualifications Requirements for Applicant:
• Minimum Post-Graduation in Finance/ Accounting/ Business Administration/ Economics/ Law or an equivalent degree from reputable University/ Institutions. Having relevant professional qualification will be an added advantage.
• 15 (Fifteen) years general experience including 10 (Ten) years relevant experience related to innovative financial product development.
• Consulting experience in finance, banking, policy especially in project finance and infrastructure projects;
• Experience of successfully designing and developing innovative products for banks and financial institutions in financing long-term infrastructure projects;
• Having relevant international working experience in similar assignments and development partner funded (World Bank/ IFC/ ADB etc.) infrastructure projects with similar role/tasks shall be given preference.
• Having strong communication and presentation skills in English. |
| Other Details (if applicable) |
: |
The Government of the People’s Republic of Bangladesh has received financing from the World Bank towards the cost of Investment Promotion and Financing Facility II (IPFF II) Project, a project of Finance Division, Ministry of Finance & implemented by IPFF II Project Cell, Bangladesh Bank (BB) and intends to apply part of the proceeds for consulting services through BIFFL.BIFFL is now seeking to hire Individual Consultant (Innovative Financial Product Development Specialist) for assisting BIFFL to develop innovative financial products for financing in infrastructure projects in Bangladesh.
The detailed Terms of Reference (ToR) for the assignment can be found at the following website: https://biffl.org.bd/.Duration of employment is 18 (Eighteen) Months and the place of work shall be BIFFL at Dhaka.
The Interested Consultants should provide information demonstrating that they have the following qualifications and relevant experiences to perform the Services.
The Consultant will be selected using Individual Consultant Selection (Open-International, Contract type: Lump-suml) method following the World Bank Procurement Regulations for IPF Borrower, July 2016.
Consultants are requested to submit the following supporting documents: Letter of application; CV indicating all past relevant experience, qualification etc. ;Brief description of why the individual considers him/herself as the most suitable and how he/she will approach and complete the assignment and Financial Proposal that indicates the all-inclusive fixed total contract price, supported by a breakdown of costs.
Expression of Interest (EOI) must be delivered in a written form to the address below (in person, or by mail, or by fax, or by e-mail) by 30 May, 2019 up to 3.00 PM (Local Time). Hard copy of EOI is required (1 original & 1 copy).
The procuring entity reserves the right to accept or reject any or all of the EOI or annul the EOI process at any stage without assigning any reason(s) whatsoever and without incurring any liability to the affected applicant(s). |
| Association with foreign firms is |
: |
Not Applicable |
| Eoi Detail Information |
|---|
| Ref No |
Phasing Of Services |
Location |
Start Date |
Completion Date |
| - |
Phasing of Services is not applicable. |
Office of Bangladesh Infrastructure Finance Fund Limited (BIFFL) |
September/2019 |
February/2021 |
|
PROCURING ENTITY DETAILS
|
| Name of Official Inviting EOI |
: |
S. M. Formanul Islam |
| Designation of Official Inviting EOI |
: |
Executive Director & CEO |
| Address of Official Inviting EOI |
: |
Bangladesh Infrastructure Finance Fund Limited (BIFFL),
Borak Unique Heights (Level-3),117 Kazi Nazrul Islam Avenue,
Eskaton Garden, Dhaka-1217, Bangaldesh |
| Contact details of Official Inviting EOI |
: |
Phone : 963-8124335, Fax : 9384518, Email : ceo@biffl.org.bd |
| The procuring entity reserves the right to accept or reject all tenders |
