GENERAL PROCUREMENT NOTICE

 

IsDB HQ – Saudi Arabia

DIGITAL POSTAL ISLAMIC FINANCIAL SERVICES

ISLAMIC ECONOMICS AND FINANCE

 

GENERAL PROCUREMENT NOTICE

Mode of Financing: IsDB Institute Grant Financing

Financing No. ZZZ2736

 

The Islamic Development Bank Institute has approved grant financing for the Digital Postal Islamic Financial Services project, and it intends to apply part of the proceeds to payments for consulting services to be procured under this project.

 

The scope of the project includes the following deliverables:

 

1. Market Overview Report of Postal Services in IsDB Member Countries

• A report providing an overview of the postal services landscape in IsDB Member Countries including up to date Country profiles of postal services in the 57 member countries of the IsDB, as well as identification of leading institutions in terms of digitalization and financial services, and opportunities for integration of Islamic financial products and services.

 

2. Benchmarking Study of Operational Models and Strategies in Selected Leading Non-IsDB Member Countries

This component includes and is not limited to the following:

• Conducting a benchmarking study of best practices, innovative postal, financial services and e-commerce solutions offered by postal service providers in 12 Non-IsDB Member countries, including the legal and enabling frameworks in place, operational models, strategies adopted, and lessons learnt.

 

3. Market Assessment, Operational Models and Opportunities in Selected IsDB Member Countries

This component includes and is not limited to the following:

• Conducting an in-depth market assessment study of innovative postal, financial services and e-commerce solutions offered by postal service providers in 12 IsDB Member countries; proposal for Islamic Financial products and services (targeting SMEs, Consumers and Public bodies) that could be introduced as part of the postal services in the selected IsDB Member countries, including the use of digital technologies; legal and enabling frameworks required; outline of a digital transformation and financial services strategy and roadmap for the postal services in each country; expected costs of transformation etc

 

4. Pilot Feasibility Study for 1-2 IsDB MCs

• Conducting a pilot feasibility study for 1-2 IsDB Member countries selected amongst the 12 IsDB Member countries, identifying critical success factors, and proposing key steps etc; including development of a high-level financial model, proposals for resource mobilisation, legal and regulatory amendments, change and people strategies, and detailed roadmap for transformation.

 

5. Knowledge Dissemination and Awareness

• This component includes all knowledge dissemination and awareness activities on the benefit of the project to postal networks in IsDB Member Countries, as well as translation and printing of the reports in English, Arabic and French. 

 

Procurement of contracts financed by the Islamic Development Bank/Islamic Development Bank Institute will be conducted through the procedures as specified in the Guidelines for Procurement of Goods, Works, and related services under Islamic Development Bank Project Financing (Effective April 2019 Revised Feb 2023) and is open to all eligible bidders as defined in the guidelines. Consulting services will be selected in accordance with the Guidelines for the Procurement of Consultant Services under Islamic Development Bank Project Financing (Effective April 2019 Revised Feb 2023).

 

Specific procurement notices for contracts to be bid under the Islamic Development Bank’s international competitive bidding (ICB) or international competitive bidding – member countries (ICB/MC) procedures and for contracts for consultancy services will be announced, as they become available, on IsDB Website, UNDB and DG market

Interested eligible firms and individuals who would wish to be considered for the provision of consulting services for the above-mentioned project, or those requiring additional information, should contact the Beneficiary at the address below:

Islamic Development Bank Institute

Attention: Corporate Performance Team

8111, King Khalid St.Al Nuzalah Al Yamania Dist. Unit No. 1, Jeddah 22332-2444, Kingdom of Saudi Arabia

isdbinstitute@isdb.org         

www.isdbinstitute.org