Expression Of Interest Are Invited For Equity Market Development Strategy And Roadmap For Uzbekistan Single Stage Open Competitive Selection Request For ProposalsProject Description Local Currency And Capital Markets Development Lc2 Is One Of The Key Strategic Initiatives Of The European Bank For Reconstruction And Development The Ebrd Or The Bank The Strategic Objectives Agreed For Lc2 Are To Achieve More Efficient And Self Sustaining Financial Intermediation In The Countries Where The Bank Operates Through Broader Use Of Local Currency Instruments And The Development Of Local Capital Markets Thereby Contributing To Economic Progress And Fostering A More Stable Financial Environment Technical Cooperation Is One Of The Most Important Mechanisms Used To Achieve The Desired Transition Impact The Ebrd Is Seeking To Appoint A Team Of Equity Market Experts To Develop The Equity Market Strategy And Roadmap For Uzbekistan The Project The Project Will Be Implemented In Close Cooperation With The Asian Development Bank The Adb Under The Guidance Of The Capital Market Development Agency Of Uzbekistan The Cmda The Capital Markets In General In Uzbekistan Are Still Underdeveloped Although The Local Policy Makers Recently Implemented Several Measures To Develop Local Money And Capital Markets Challenges Still Remain Large There Have Been Key Reform Measures Implemented In The Financial Markets With The Liberalisation Of Foreign Currency Regime In September 2017 Issuance Of Government Bonds In December 2018 And Establishment Of A New Capital Market Authority In January 2019 Series Of These Measures Demonstrate A Strong Commitment Of The Government To The Reform Assignment Description In The Efforts To Develop The Capital Markets In Uzbekistan The Cmda Was Requested By Presidential Resolution To Prepare And Submit A Comprehensive Capital Market Development Strategy By The End Of 2019 The Cmda Initiated A Project To Prepare The Strategy That Includes A Five 5 Year Development Roadmap With Short Mid Long Term Targets Milestones And Action Items Supported By A Detailed Implementation Plan That Clearly Describes The Functions Roles And Responsibilities Of Relevant Bodies In Order To Increase The Credibility Of The Pproject And To Make Sure High Quality Of The Final Output The Cmda Invited Both The Adb And Ebrd To Support The Pproject In Close Cooperation With Each Other As Part Of The Collaboration Of The Two Ifis The Adb Will Provide A Detailed Assessment And Diagnostic Study On The Current Status Of The Uzbekistan Capital Markets And Produce A Debt Capital Market Strategy While The Ebrd Will Focus On The Equity Market Development Strategy Based On The Assessment Conducted By Adb Team The Ebrd Now Wishes To Engage A Consulting Firm The Consultant To Support The Cmda To Develop A Five Year Equity Capital Market Strategy And Roadmap By 1 Analysing And Mapping The Barriers To Equity Market Development In Uzbekistan 2 Identifying Improvement Levers And Providing Recommendations 3 Providing Implementation Roadmap For The Identified Measures And Recommendations That Will Be Incorporated Into The Comprehensive Capital Market Development Strategy Of The Cmda In Order To Achieve The Objectives As Outlined Above The Consultant Will Be Required To In Consultation With The Ebrd And Relevant Market Participants Such As But Not Limited To The Cmda The Ministry Of Finance The Central Bank Of Uzbekistan The Republican Stock Exchange And The Uzcsd Carry Out Following Activities Activity 1 Analysing The Barriers To The Equity Market Development In Uzbekistan Based On The Previous Capital Market Assessment Study Prepared By The Ebrd And The Comprehensive Diagnostic Review Of The Securities Market Legal And Regulatory Structures Trading Infrastructure Performance And Supervision Frameworks Prepared Under The AdbS Technical Assistance Project Of Uzbekistan Financial Markets Development Program The Analysis Should Include The Causes And Significance Of Each Barrier And Interlinks Among The Barriers Activity 2 Identifying Improvement Levers And Provision Of Recommendations Covering The Regulatory Environment The Demand And The Supply Sides Of The Equity Market As Well As The Infrastructural Aspects Each Recommendation Should Be Linked To The Previous Analysis Of Barriers Activity 3 Drafting A Workable And Applicable Roadmap For Uzbek Equity Market Development The Roadmap Should Clearly State A Sequence Of Each Action Item Including The Required Time And Efforts I E Human Resources And Identify The Lead And Supporting Bodies The Necessary Capacity Building Activities Should Be Detailed In Order For The Market To Reach Agreed Milestones Full Terms Of Reference Tor Of The Assignment Can Be Found Here Http Www Ebrd Com Documents Procurement 78255 Tors Pdf Consultant Selection Procedure Single Stage Open Competitive Selection Interested Firms Or Groups Of Firms Are Invited To Submit A Technical And Financial Proposal Assignment Start Date And Duration The Assignment Is Expected To Start In June 2019 And Has An Estimated Overall Duration Of Up To Five Months Cost Estimate For The Assignment Eur 150 000 00 Exclusive Of Vat Funding Source It Is Anticipated That The Contract Will Be Financed By Japan Ebrd Cooperation Fund Selection And Contracting Are Subject To The Availability Of Funding Eligibility There Are No Eligibility Restrictions Based On The Consultants Country Of Origin Consultant Profile Corporate Services Are Required The Consultant Will Be A Firm Or A Group Of Firms Specialised In Equity Market Development The Company Must Have A Proven Track Record Working With Market Participants And Authorities On Similar Consulting Assignments The Consultant Will Form A Project Team Of Experts To Carry Out The Assignment The Provided Expertise Should Cover All Areas As Defined In The Scope Of Work The Consultant May Associate To Enhance Their Qualifications The Consultants Expert Team Is Expected To Include As A Minimum The Following Key Experts A The Consultant Team Leader And Equity Markets Development Expert Preferably More Than 10 Years Of Consultancy Experience In The Field Of Equity Markets Development Preferably More Than Five Years Of Project Management Experience Acting As A Team Leader On Similar Assignments Excellent Knowledge Of International Standards Impacting Local Equity Markets Previous Working Experience Of A Minimum Of Five Similar Projects In Both Emerging And Developed Countries Previous Experience Of Working With Ifis And Excellent Proficiency In Written And Spoken English B Capital Markets Infrastructure Expert Preferably More Than 5 Years Of Practical Experience In The Field Of Capital Market Infrastructure Good Understanding Of The Role And It Functionalities Of Capital Market Institutions Such As Exchanges Central Securities Depositories Clearing Houses Payment Systems And Settlement Banks Experience In Trading Clearing And Settlement Is A Plus Proven Track Record Of Working With Market Participants And Authorities On Similar Consultancy Assignments High Proficiency In Written And Spoken English And Knowledge Of Uzbek Or Russian Language Would Be An Advantage C Two Legal And Regulatory Experts One Local And One International Preferably More Than 5 Years Of Experience As A Legal And Regulatory Expert In The Area Of Capital Markets Excellent Knowledge Of International Standards Impacting Local Capital Markets Acted As A Legal Regulatory Expert On At Least Five Capital Market Development Projects For International Expert Only Knowledge Of Local Legal And Regulatory Environment For Local Expert Only For International Expert High Proficiency In Written And Spoken English And For Local Expert High Proficiency In Written And Spoken English As Well As Uzbek And Or Russian Languages Submission Requirements The Consultants Are Now Invited To Submit A Completed Technical And Financial Proposal As Per The Standard Templates And Instructions Available At This Link Http Www Ebrd Com Documents Procurement Single Stage Package Docx Interested Consultants Should Make Themselves Familiar With These Standard Templates Standard Instructions And Conditions Of Contract In Preparation Of Their Proposals 1 The Technical Proposal Shall Be Submitted In English Electronically Via Eselection Not Later Than The Closing Date As One Single Pdf File The Technical Proposal Should Not Exceed 35 Pages Excluding The Declaration Form And Cvs Form 1 Tp 1 And Form 1 Tp 6 2 The Financial Proposal Form 2 Fp 1 And Fp2 Shall Be Submitted In English Separately By Email Only To The Bank Contact Person Consultants Are Reminded Of The Requirement To Ensure The Confidentiality Of The Financial Proposals A Technical Proposal That Contains Elements Of A Financial Proposal Shall Be Declared Non Responsive A Financial Proposal Submitted Together With The Technical Proposals Via E Selection Shall Be Declared Non Responsive Bank Contact Person Larissa GoslingProcurement Operations And Delivery Department European Bank For Reconstruction And DevelopmentOne Exchange SquareLondon Ec2a 2JnE Mail Goslingl Ebrd ComFor The Avoidance Of Doubt Technical Proposals Should Be Sent Through Eselection And Not To This Email Address Only Financial Proposals Should Be Sent To This Email Address Deadline To Submit Clarification Questions Via E Mail To The Bank Contact Person By 23 May 2019 Selection Method And Evaluation Criteria 1 Technical Proposal Evaluation Criteria A Consultants Previous Consultancy And Practical Project Experience In Delivering An Equity Market Development Roadmap For National Authorities 30 B Quality Of Consulta
Contact Information
Other Detail
View Notice Now...
Fill Detail for Getting Instant Access
Download Tender Document / Tender Notice
Dear Sir,
Warm Greetings from TenderDetail.com !!
We have received Tender Document request for the TDR No : 20230623
Tender Notice along with it's Attachments ( Tender Document / Scan Image of News Paper)
sent to your Email Address :.
Please check your email for Tender Document.