Overview
The Caribbean Development Bank (CDB) proposes to allocate funds towards the cost of a technical assistance project to improve CDB and its Borrowing Member Countries (BMCs) knowledge to inform decisions on the appropriate gender sensitive innovative disaster risk financing (DRF) instruments for greater financial resilience to disasters. CDB intends to apply a portion of the proceeds of this financing to eligible payments under a contract for which this invitation is issued. The financing shall not be made to persons or entities, or for any import of goods, if such payment or import, to the knowledge of CDB, is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations. No party other than CDB shall derive any rights from the financing or have any claim to the proceeds of the financing.
CDB now wishes to procure consultancy services for the diagnostic of gender sensitive innovative DRF instruments for resilience building.
The objective of this consultancy is to undertake a comprehensive diagnostic of existing DRF instruments in BMCs and other small island developing states to recommend appropriate innovative DRF instruments that can be adopted by BMCs. The consultancy services will include, among other things:
- Risk audit to understand the underlying disaster risk to help inform the selection of innovative DRF instruments.
- Assessment of DRM actions that can be undertaken by BMCs to manage the underlying risks.
- Dimensions of financing need to help determine disaster risk reduction, risk retention and risk transfer actions that are appropriate and achievable given the existing constraints, capacities and opportunities in the BMCs.
- Selection of DRF instruments to help BMCs determine the most appropriate mix of financing instruments to support efforts to increase financial resilience of national governments, businesses, households and the most vulnerable to the impacts of disasters.
Qualification
The consultants will be required to demonstrate qualifications and experience in areas including, disaster risk financing, disaster and climate risk assessment, and social and gender analysis. The duration of the assignment is expected to be for a period of approximately five (5) months.
Eligibility
CDB now invites interested eligible consulting firms to submit Expressions of Interest for the provision of these consultancy services.
Consultants shall be eligible to participate if:
- 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;
- in the case of unincorporated firms, the persons are citizens or bona fide residents of an eligible country; and
- 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.
Eligible countries are Member Countries of CDB[1].
Instructions
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.
All information must be submitted in English. Further information may be obtained from procurement@caribank.org between 08:30 am and 4:30 pm Atlantic Standard Time Monday to Friday.
Electronic copies of the Expressions of Interest must be emailed at procurement@caribank.org no later than he second address below no later than 4:30 pm on Wednesday, June 23, 2021. The email must include the name and address of the applicant and the subject line shall be clearly marked “Expression of Interest – Diagnostic of Innovative DRF Instruments for Resilience Building”.
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 and financial 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.
Contact
Procurement Officer
Caribbean Development Bank
Wildey
St. Michael
Telephone: (246) 539-1600
Email:procurement@caribank.org