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BAN: Improvement of Capital Market and Insurance Governance TA Loan
Loan No. 2232: Improvement of Capital Market and Insurance Governance TA LoanExecuting Agency Ministry of Finance - Finance DivisionLoan 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
Approved by the Bank: 9 March 2006 Project Officer: Vivek Rao, Economist (632-5831) Governance, Finance, and Trade Division, SARD vrao@adb.org |