The Central Bank of Liberia (CBL) has since 2009 joined the Alliance for Financial Inclusion (AFI) leading Liberia financial inclusion journey that has recorded a lot of achievements. The first National Financial Inclusion Strategy (NFIS 2009 – 2013) for Liberia was implemented and followed by the second (NFIS 2014-2018) which was implemented, and outcomes reported. Implementation of the new strategy (NFIS 2020-2024) is now ongoing.
The overall goal of the current NFIS is to increase access to formal financial services for the population (aged 15 years and older) from 35.7 percent (as at 2017) to at least 50 percent by 2024. The current NFIS is anchored on three (3) strategic pillars: i. Access to Financial Services and Credit, ii. Digital Financial Services and iii. Consumer Protection and Financial Capability. Implementation of this NFIS in the context of the three pillars is conducted through various planned activities and key results framework indicators. One of said activities is a comprehensive financial inclusion survey that includes a full assessment of the financial inclusion environment taking into consideration the interests of gender, youth and rural community dwellers. This demand and supply sides survey will form a new baseline for Liberia's financial inclusion landscape, to facilitate effective implementation and monitoring of the new National Financial Inclusion Strategy (NFIS), launched in 2019 as approved by the Cabinet.
Owing to the above, the CBL is seeking to contract the services of a firm to conduct demand and supply sides financial inclusion survey across Liberia. The firm will work with the NFIS Secretariat, the Financial Sector Development Unit (FSDU) of the CBL.
Invitation/Request for Proposal
This Request for Proposal is intended to hire the services of a well-qualified professional institution that has the requisite experience to conduct a Financial Inclusion Survey in the 15 counties of Liberia.
The Central Bank of the Republic of Liberia has received a grant from the Alliance for Financial Inclusion and intends to apply the proceeds from this grant towards the execution of the assignment as captioned above. The assignment covers the 15 counties of Liberia and is expected to be conducted during 60days.
Major factors that will influence a Selection are as follows:
1) Understanding of the assignment;
2) General qualification and suitability for the task;
3) Experience in the specific assignment; and
4) Key staff credential and experience adequate for the execution of said assignment.
This invitation or Request for Proposal is opened to all firms who have potentials and, desire to work with the Central Bank of Liberia. Interested institutions are requested to submit sealed proposals in two separate envelopes (Technical and Financial), addressed to the General Support Services Department on the 7th Floor of the main office of the CBL Building: Provision of Financial Inclusion Demand and Supply Side Baseline Survey in Liberia delivered into the tender box in the procurement section. Electronic submissions are not allowed.
Request for Proposal can be picked up from the Procurement section on the 7th floor of the Central Bank of Liberia Head Office from Monday to Friday at 10:00am to 4:00pm.
Kindly address your Proposal to the below address:
Deadline of submission is Friday, 26 May, 2021 at 2: 00 PM.
Francis Leo Yancy, Sr.
Director, General Support Services Department
For more inquiries contact:
Cyrus W. Badio
Head of Corporate Communications
Central Bank of Liberia