Provision of Liberian diagnostic and feasibility Tender - 3639891

Procurement Summary

Country: Liberia

Summary: Provision of Liberian diagnostic and feasibility study for the mobile payment system and technical assistance support to Lonestar cell

Deadline: 11 Sep 2015

Posting Date: 08 Sep 2015

Other Information

Notice Type: Tender

TOT Ref.No.: 3639891

Document Ref. No.: 25083, UNDP/RFP/LBR/PPERW/006/2015

Competition: ICB

Financier: United Nations Secretariat

Purchaser Ownership: -

Tender Value: Refer Document

CPV Classification

48220000 - Internet and intranet software package
79314000 - Feasibility study

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Tender Details

Proposal for Provision of Liberian diagnostic and feasibility study for the mobile payment system and technical assistance support to Lonestar cell.
DUTIES AND RESPONSIBILITIES

The consultancy firm will be responsible for the following activities and deliverables. The consultant will be accompanied by MM4P’s Technical Specialist, Digital Finance, who will participate in key meetings.
Update and deepen the PPERW diagnostic of Liberia
A. Review of existing studies and literature about DFS

The consultant will collect and analyse the existing studies and documentation on DFS and payments available for the country, including the previous scoping mission report, the PPERW report and other more recent payment system reports, and use it as basis for each country analysis in order to make sure to leverage exiting information and not repeat the collection of the same information.
B. Liaise with UNDP, UNCDF, World Bank and USAID contacts of the countries

The consultant will liaise with country representatives of key organizations involved in/planning

interventions around payments in the country to ensure that their best information and opinions are

included. This will include an initial meetings and an end of mission debriefing. It is hoped that he scoping mission report will be useful for all of the organizations to plan their interventions. The consultant will review the recent (two years) work and initiatives from other donors concerning DFS and the plans for the coming three years.
C. Update the Financial Sector Diagnostic, including the following areas:

Review Policy and Regulations in regard to enabling third party agent and aggregator models in

Liberia-

Complement the regulatory review with a detailed description of the current foreign exchange, liquidity management and cash movement systems in the country as it relates to managing the central bank and banking sectors’ ability to maintain adequate liquidity and cash for daily operations. Highlight its likely impact on the overall cash management prospects for DFS.

Identify any changes in regulations or policies related to agents since 2012, including rules, regulations and oversight of agents and permissible activities. Pay close attention to any regulatory, legal or other issues that might enable or hinder the introduction of a payment aggregator model or a master/super-agent business model run by non-banks.
Update, assess and map access to retail financial services:

Update the description of the overall state of the financial sector and its physical and electronic footprint.

Give a sense of the percentage of those people that are formally banked by different types of financial service providers and product. When possible, highlight issues that impact women’s ability to access financial products.
Providers: banks, non-banks, MFIs, member-based organizations, informal, remittance Products: Deposits: checking and saving accounts, debit cards, credits, including small, micro-loans, credit cards, Insurance, including micro insurance Type, quality and geographical coverage of Infrastructure, noting type of services offered through each: branch, bank agents, ATMs, POS, mobile phone-based or accessible accounts, internet Provide greater detail on the business model around different distribution models (branch, agent, electronic, etc. Include some analysis of the revenue and cost of not only branches and agents, but also ATMs, check cashing outlets, financial service agents, representative tellers, electronic funds transfer at point of sale (EFTPOS) and networks of mobile phones/and their commercial distribution networks. Highlight compensation structures of the various actors linked in the distribution networks.
Provide a more detailed assessment of remittance and payment services.

Review the supply of providers of prepaid electronic methods of payment per country by studying the structure of the money transfer and payment services industry and the capacity and product range offered by the technology platforms of the main providers.

Providers: banks, non-banks, payments processors, card platforms Money Transmitter Operators

and mobile money providers. Products: international/domestic money transfer; bill payment, debit cards, credit cards and especially prepaid cards. Type, quality and geographical coverage of Infrastructure, noting type of services offered through each: branch, agents, ATMs, POS, mobile phone-based or accessible accounts, internet Technology platforms utilized, noting efficiency, accuracy, etc. Analyse the business models of different types of providers, including estimated volumes, margins, pricing and fee structure, agent compensation (and other value chain actors’ compensation) and their estimated margins and break even points. Based on analysis, note the challenges for new business models as well as the incentives or hurdles for greater interoperability of payments and payment channels.
Provide a detailed assessment of LoneStar current distribution network and agent model

Geographical coverage of active agents

Profile of Top 20 non-bank outlets (by transaction volume) in Monrovia and outside Monrovia (by

county)

Location

Agent type

Average monthly transaction volumes

Current liquidity support available (if any)

Current agent economics and incremental value proposition of an aggregator model

Mapping of key suppliers and buyers in agent’s value chain

Documents

 Tender Notice