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FINANCIAL SERVICES COMMISSION has floated a tender for Consultancy Services for Development and Implementation of a Framework for Micro-Pensions in Jamaica. The project location is Jamaica and the tender is closing on 24 May 2019. The tender notice number is 2882, while the TOT Ref Number is 32871041. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country : Jamaica
Summary : Consultancy Services for Development and Implementation of a Framework for Micro-Pensions in Jamaica
Deadline : 24 May 2019
Other Information
Notice Type : Tender
TOT Ref.No.: 32871041
Document Ref. No. : 2882
Competition : ICB
Financier : Self Financed
Purchaser Ownership : -
Tender Value : Refer Document
Purchaser's Detail
Purchaser : FINANCIAL SERVICES COMMISSION
39-43 Barbados Avenue, Kingston 5 Jamaica, West Indies Tel: 1-876-906-3010
Contact Person : Procurement Officer
Contact No : 876-906-3010
Email : brownn@fscjamaica.org
Jamaica
URL :http://www.fscjamaica.org
Tender Details
Tenders are invited for Consultancy Services for Development and Implementation of a Framework for Micro-Pensions in Jamaica
Category: Services
Tender More Details : REQUEST FOR EXPRESSIONS OF INTEREST
CONSULTING SERVICES
Development and Implementation of a Framework for Micro-Pensions in Jamaica
Institution: Financial Services Commission of Jamaica
Country: Jamaica
Project: Strengthening the Institutional Capacity of the Financial Services Commission of Jamaica
Sector: Financial
Abstract: The Financial Services Commission ("FSC") was established in August 2001 by virtue of the Financial Services Commission Act of 2001 ("FSC Act") as an autonomous body for regulating and supervising entities providing financial services that do not involve deposit-taking. The FSC is responsible for supervising the Insurance, Securities and Private Pensions Industries. Pursuant to the Pensions (Superannuation Funds and Retirement Schemes) Act, 2004 ("Pensions Act") and the FSC Act the FSC's mandate includes the national extension of pension coverage for both the formal and informal sectors. The FSC wishes to undertake a study to inform the development of an enabling environment for retirement savings through the promotion and facilitation of appropriate retirement products and/or mechanisms, particularly for vulnerable segments of the population. This will require a diagnostic study which will include an analysis of the existing pensions system, the wider financial sector (informal sector banking and savings, relevant insurance products, mobile money, etc.) and other salient issues such as national identification with a view to identifying innovative and evolving savings mechanisms which potentially can be utilized by the pensions industry and how these may best be facilitated by the existing regulatory framework and any necessary amendments thereto.
Loan/Credit/Grant No.: ATN/OC-15771-JA
Contract/Bid No. : EOI-FSC-IDB-05
Deadline: May 24, 2019
The FSC has applied for financing from the Inter-American Development Bank (IDB) toward the cost of the Strengthening of the Institutional Capacity of the FSC, and intends to apply part of the proceeds for consulting services.
The services of the Consultant will be required for approximately five (5) months.
The FSC now invites eligible individual consultants to indicate their interest in providing these services. Interested consultants should provide information demonstrating that they have the required qualification and relevant experience to perform the services required. The shortlisting requirements are:
1. At least ten (10) years' experience providing services in the financial services sector regionally or internationally.
2. Evidence of similar/related assignments conducted:
i. Within t
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