Asian Development Bank - Fighting Poverty in Asia and the Pacific
What's New  |   e-Notification  |   Sitemap  |   Contact Us  |   Help

Business Opportunities

Home : Opportunities : Business Opportunities : Other Notices : BAN: Improvement of Capital Market and Insurance Governance TA Loan

Procurement
Consulting Services

New Projects
Proposed Projects
Removed Projects

Advance Action
Procurement Notices
Consulting Services Recruitment Notices
Contracts Awarded
Prequalified Contractors
Shortlisted Firms
Other Notices
Procurement Plans



Loan No. 2232: Improvement of Capital Market and Insurance Governance TA Loan


Executing Agency
Ministry of Finance - Finance Division
Contact: Mr. Mollah Mansur Ahmed
Joint Secretary (Policy)
Fax: (880)-2-7165581
Tel: (880)-2-7165390
Address: Finance Division
Ministry of Finance
Bldg. No. 7, Room-220,
Second Floor, Bangladesh Secretariat
Dhaka

Loan Amount (US$ million)
3.00

Sector/Subsector
Finance/Finance Sector Development

Date of First Listing
19 October 2005

Objectives and Scope
The Project will improve good governance practices in the capital market and the insurance sector.

Procurement:
Goods
Procurement of goods and services will be in accordance with ADB's Guidelines for Procurement. Each supply contract for equipment, computers, or materials estimated to cost the equivalent of $500,000 or less will be awarded on the basis of international shopping, and supply contracts valued at $100,000 equivalent or less may be procured according to local procedures under the Government's Public Procurement Regulations, 2003 and which are acceptable to ADB.

Services
Recruitment of consultants to be financed from the proceeds of the TA loan will be in accordance with ADB's Guidelines on the Use of Consultants and other arrangements satisfactory to ADB for the selection and engagement of domestic consultants. A total of 53 person-months of international and 56 person-months of domestic consulting inputs will be financed. Consulting services will be engaged in three packages (two packages for consulting firms and one package for an individual consultant). For the packages for consulting firms, the quality- and cost-based selection method will be used. A domestic financial and administrative consultant will be selected by the EA to assist the project coordinator of the PMU to implement the Project.

The breakdown of consulting inputs are as follows:

A. Part 1: Enhancement of Governance and Capacity of the Capital Market

  1. International Market Surveillance Systems Consultant (5 person-months)
  2. Domestic consultant (1 person-month)
  3. International SEC/Exchange Skills Development and Training Consultant (6 person-months)
  4. Domestic Training Consultant (6 person-months)
  5. International Exchange Governance Expert (1.5 person-months)
  6. International Capital Market Specialist (3.5 person-months)
  7. Domestic Capital Market Specialist (3 person-months)
  8. International Regulatory Consultant (3 person-months)
  9. Domestic Regulatory Consultant (2 person-months)
  10. International Securities Training Consultant (3 person-months)
  11. Domestic Securities Training Consultant (3 person-months)
  12. International Training Development Consultant (3 person-months)
  13. Domestic Training Development Consultant (3 person-months)
  14. International Accounting and Audit Specialist (4 person-months)
  15. International Governance Expert (2 person-months).

B. Part 2: Enhancement of Governance and Capacity of the Insurance Sector

  1. International Insurance Capacity Building Specialist (6 person-months)
  2. International Insurance Regulatory Specialist (5 person-months)
  3. International Life Insurance Specialist (4 person-months) and International General Insurance Specialist (4 person-months)
  4. International Actuary (3 person-months)
  5. Domestic Insurance Capacity Building Specialist (6 person-months)
  6. Domestic Regulatory Specialist (4 person-months)
  7. Domestic Insurance Specialist (4 person-months).

C. TA Loan Administration - Domestic Financial and Administrative Consultant (24 person-months).

Deadline for Submission of Expressions of Interest: 30 June 2006

Environmental Category: C

Project Processing Stage:
Approved by the Bank: 9 March 2006

Project Officer:
Vivek Rao, Economist (632-5831)
Governance, Finance, and Trade Division, SARD
vrao@adb.org