Overview
REQUEST FOR EXPRESSIONS OF INTEREST - FIRMS
The Caribbean Development Bank (CDB) wishes to procure consultancy services for the Caribbean E-Mobility Fund Technical Advisory Services. The objective of the consultancy is to provide capacity strengthening to CDB in the development of the Caribbean E-Mobility Fund under the Accelerated Sustainable Energy and Resilience Transition (ASERT) initiative, called an ASERTive. Specifically, technical advisory services will be provided to CDB for assessments, and for guiding, and coordinating the development of the Fund, which aims to promote the shift to electric mobility in the Bank’s Borrowing Member Countries (BMCs). The consultant’s key tasks/activities include (but may not be limited) to:
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E-Mobility Market Assessment and Pre-Feasibility Study - Conduct a comprehensive regional assessment to inform the Fund’s structure and strategic priorities. This should include segmentation by vehicle type and user group, infrastructure readiness, and emissions reduction potential.
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Comparative Fund Design Review - Review relevant international and regional climate and e-mobility fund models implemented by Multilateral Development Banks (MDBs), Development Finance Institutions (DFIs), and other partners. Identify best practices and lessons applicable to the Caribbean context.
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Development of a Green Climate Fund (GCF) Concept Note – Prepare a GCF Concept Note aligned with the national climate strategies and priorities of CDB’s Borrowing Member Countries (BMCs). The note must meet GCF investment criteria and clearly justify the need for GCF financing to scale the impact of the Caribbean E-Mobility Fund.
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Design of the Caribbean E-Mobility Fund - Develop the Fund’s full structure, including governance arrangements, eligibility criteria, operational modalities, and monitoring and evaluation framework.
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Design of Financial Instruments and De-risking Mechanisms – Recommend financing instruments suited to the Caribbean context, such as concessional loans, guarantees, matching grants, or blended finance solutions to de-risk e-mobility investments.
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Development of Implementation Toolkit - Prepare a comprehensive set of tools to support operationalisation of the Fund, including an operational manual, implementation roadmap, and results framework.
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Stakeholder Engagement and Donor Outreach - Design and support the execution of a stakeholder engagement strategy. Facilitate consultations with national and regional stakeholders and engage prospective donors to inform and validate the Fund’s design.
Full details can be found in the attached Terms of Reference (TOR).
The duration of the assignment is expected to be for a period of nine (9) months.
CDB now invites interested eligible consulting firms to submit Expressions of Interest for the provision of these consultancy services.
Eligibility
A Consultant shall be eligible to participate if they fulfil:
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the following eligibility requirements:
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in the case of a body corporate, it is legally incorporated or otherwise organised in an eligible country, has its principal place of business in an eligible country and is more than 50 per cent beneficially owned by citizen(s) and/or bona fide resident(s) of eligible country(ies) or by a body(ies) corporate meeting these requirements.
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in the case of unincorporated firms, the persons are citizens or bona fide residents of an eligible country; and
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in all cases, the consultant has no arrangement and undertakes not to make any arrangements, whereby any substantial part of the net profits or other tangible benefits of the contract will accrue or be paid to a person not a citizen or bona fide resident of an eligible country.
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the following integrity requirements:
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is not subject to sanctions under the United Nations (UN) Security Council taken under Chapter VII of the Charter of the UN;
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has not engaged in Prohibited Practices, as detailed in Paragraph 2.02 a) of the Procedures for Dealing with Fraud and Corruption in CDB-Financed Projects (October 2014 or as updated from time to time)[1]
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is not suspended or debarred by CDB for engaging in the Prohibited Practices referenced in 2) (b) above;
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is not publicly debarred by a Multilateral Development Bank subject to the Agreement on Mutual Enforcement of Debarment Decisions[2] in their own right, or under abovementioned agreement; and
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is not subject to a conflict of interest that would undermine the Consultant's ability to provide professional, objective, and impartial advice.
CDB requires that all parties involved in the procurement process avoid and declare promptly and proactively in writing to CDB any potential, apparent or actual conflicts of interest. Without limitation on the generality of the foregoing, the Consultant shall not be hired under the following circumstances: Conflict between consulting activities and procurement of goods, works or non-consulting services, conflict among consulting assignments, and/or close relationships with CDB staff or other stakeholders involved in or expected to be involved in the procurement or subsequent contract management.
Eligible countries are member countries of CDB and countries eligible for procurement under European Union (EU) funded projects, which are not member countries of CDB. These countries can be seen at the following link: https://www.caribank.org/publications-and-resources/resource-library/document/cdb-european-union-eligibility-criteria-cariforum-eu-economic-partnership-agreement-and-caricom
In the assessment of submissions, consideration will be given to technical competence, qualifications and experience, local and regional experience on similar assignments, financial capability, and existing commitments.
Instructions
Interested consultant teams are required to submit their Expression of Interest using the “EOI Consulting Firms template” attached to this REOI or which can be made available upon request by contacting Address 1 below or downloaded from the Specific Procurement Notice on CDB’s website.
All information must be submitted in English. Further information may be obtained from the first address below between 09:00 and 16:00 hours Monday to Friday.
Electronic submissions of the Expressions of Interest must be received at the first address below no later than 16.00 hours Barbados’ time on Thursday, July 17, 2025). The Expression of Interest will be deemed to have been received at the time that it is received by CDB. The burden of proving receipt of the e-mail will be on the applicant and will not be met solely by a read receipt or sent items report generated by the Consultant’s computer. The e-mail containing each submission should include the name and address of the applicant. The subject line shall be clearly marked “Expression of Interest – CARIBBEAN E-MOBILITY FUND – Regional.”
The Selection Method shall be Quality and Cost Based Selection (QCBS). Following the assessment of submissions, a short-list of not less than three and not more than six applicants will be provided with full terms of reference and invited to submit technical proposals to undertake the assignment. CDB reserves the right to accept or reject late applications or to cancel the present invitation partially or in its entirety. It will not be bound to assign any reason for not short-listing any applicant and will not defray any costs incurred by any applicant in the preparation and submission of Expressions of Interest.
Consultants are advised to view CDB’s General Privacy Notice for information on how CDB manages and protects personal data.
Contacts
Address 1 - Primary Submission
Caribbean Development Bank
Address 2
Caribbean Development Bank