SAINT LUCIA DEVELOPMENT BANK
STUDENT LOAN LINE OF CREDIT
CONSULTANCY SERVICES FOR THE INSTITUTIONAL STRENGTHENING WITHIN THE SAINT LUCIA DEVELOPMENT BANK.
REQUEST FOR EXPRESSIONS OF INTEREST – FIRMS
The Saint Lucia Development Bank (SLDB) has received financing from the Caribbean Development Bank (CDB) towards the cost of institutional strengthening of the Saint Lucia Development Bank. The SLDB intends to apply a portion of the proceeds of this financing to eligible payments under a contract for which this invitation is issued. Payments by CDB will be made only at the request of SLDB and upon approval by CDB and will be subject in all respects to the terms and conditions of the Financing Agreement. The Financing Agreement prohibits withdrawal from the financing account for the purpose of any payment 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 SLDB shall derive any rights from the Financing Agreement or have any claim to the proceeds of the Financing.
SLDB, the Executing Agency, now wishes to procure consultancy services for the Institutional Strengthening within the Saint Lucia Development Bank.
The objective of the consultancy is to improve the institutional capacity of the organization with particular focus on strengthening staff skills in loan underwriting and administration, governance, and customer service to support operational efficiencies and expansion of the Bank’s loan portfolio to achieve its strategic objectives. Further details can be found in the attached draft Terms of Reference.
The duration of the assignment is expected to be for a period of twelve (12) months. SLDB 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 organized 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. Consultants are advised to review the detailed eligibility criteria detailed in Section 4 and conflict of interest provisions in Section 5 of the Procurement Procedures for Projects Financed by CDB (January 2021), as applicable and as published on CDB’s website.
In the assessment of submissions, consideration will be given to technical competence, qualifications and experience on similar assignments, and existing commitments. Key Experts will not be evaluated at the shortlisting stage.
Interested consultant teams are required to submit their Expression of Interest using the “EOI Consulting Firms template” by accessing the following CDB EOI – Consulting Firms Template – Student Loan Line of Credit
Terms Of Reference for this consultancy can be accessed via: Terms of Reference Student LOC SLDB
All information must be submitted in English. Further information may be obtained from the first address below between 08:00 hours and 16:30 hours AST Monday to Friday.
Four (4) hard copies of the Expressions of Interest must be received at the first address below no later than 4:30 pm AST on Tuesday, October8, 2024 and one electronic copy must be sent simultaneously to CDB at the second address below. The sealed envelope containing each submission should include the name and address of the applicant and shall be clearly marked “Expression of Interest – Consultancy Services for the Institutional Strengthening of the Saint Lucia Development Bank”.
The selection method shall be Consultant Qualification 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 and financial proposals to undertake the assignment. SLDB 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.
| 1. | Managing Director
Saint Lucia Development Bank No 15-17 Brazil Street P.O. Box CP5900 Castries SAINT LUCIA
Tel: +(758) 456 -7532 Fax: +(758) 453-3839 Email: mybank@sldb.lc |
2. | Procurement Officer
Caribbean Development Bank Email: procurement@caribank.org |