Value for Money (Vfm). State of the Issue. Review Tender - 116764520

Procurement Summary

Country: United States Minor Outlying Islands

Summary: Value for Money (Vfm). State of the Issue. Review of Relevant Literature and Global Practices.

Deadline: 03 Apr 2025

Posting Date: 26 Mar 2025

Other Information

Notice Type: Tender

TOT Ref.No.: 116764520

Document Ref. No.: 0002015085

Competition: ICB

Financier: World Bank (WB)

Purchaser Ownership: Public

Tender Value: Refer Document

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Tender Details

This assignment is a component ofa broader initiative led by the Infrastructure Finance Department (IFD) of theWBG, PPP structuring tools and knowledge. The overarching goal is toenhance the ability of client governments to structure PPPs that are fiscallysustainable, commercially viable, and generate significant VfM. This will beachieved by building upon previous work and introducing new tools and guidancematerials. Recently, the World Bank has worked on updating the PPP Fiscal RiskAssessment Model (to its new version, PFRAM 3.0) in collaboration with theInternational Monetary Fund (IMF). This initiative will build upon theseefforts by developing a stylized VfM tool based on a review of existingpractices, and deployment of the VfM tool along with PFRAM 3.0 as a suite ofPPP Structuring tools. This assignment specifically willcontribute to provide initial review of relevant literature and currentpractices on VfM analysis used when structuring PPPs. This is intended as asound theoretical framework to allow subsequently the development of a VfM tool(not part of this assignment). This assignment is intended as an initial surveyreview, not intending to be all comprehensive but robust enough to provide thissound basis for further discussion on the topic and particularly for thedevelopment of the VfM tool.
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