| Ministry/Division |
: |
Chief Adviser's Office |
| Agency |
: |
Bangladesh Economic Zone Authority |
| Procuring Entity Name |
: |
Project Director, Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) Development Project |
| Procuring Entity Code |
: |
|
| Procuring Entity District |
: |
Dhaka |
| Expression of Interest for Selection of |
: |
Individual Consultant (National) (Time-Based) |
| Title Of Service |
: |
Selection of Financial Management Specialist (2 nos.) |
| EOI Ref. No. |
: |
On 10/06/2021, REOI has been published vide memo no.03.07.0000.056.11.012.2021-35 wherein the 'Title of Service' was mistakenly written 'Selection of Procurement Consultant(2nos)’ that is replaced as 'Selection of Financial Management Specialist (2nos)’. |
| Date |
: |
10/06/2021 |
KEY INFORMATION
|
| Procurement Sub-Method |
: |
Selection of Individual Consultants (SIC) |
FUNDING INFORMATION
|
| Budget and Source of Funds |
: |
Development Budget Grant/Credit |
| Development Partners |
: |
International Development Association (IDA) |
PARTICULAR INFORMATION
|
| Project/Programme Name |
: |
Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) Development Project |
| EOI Closing Date and Time |
: |
27/06/2021 4.00 PM
|
| Publication Date |
: |
14/06/2021
|
INFORMATION FOR APPLICANT
|
| Brief Description of Assignment |
: |
The Government of the People’s Republic of Bangladesh has received financing from the World Bank toward the cost of the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) Development Project under Bangladesh Private Investment & Digital Entrepreneurship Project (P170688), and intends to apply part of the proceeds for consulting services. The consulting services (“the Services”) include: The BEZA is responsible for overall reporting to the World Bank (WB) for their own part on the project fiduciary matters, project results and performance of the results framework and DLIs alongside Non-DLIs achievements. The Financial Management Specialist will guide to establish and maintain a financial management system as per the government rules and arrangement agreed with the World Bank for preparing and submitting the financial reports in a timely manner to WB and CCU. The issues encountered in pursuit of the activities related to work as and when required will be addressed by FMS with the BEZA officials, ERD officials, team of PRIDE, World Bank task team etc. The specific tasks and accounting functions of the FMS at BEZA are (i) developing Chart of Accounts and setting up computerized accounting system. (ii) payments for eligible project expenditure related to its own implementation (iii) disbursement of project funds as per approved work plan; (iv) maintenance of books and bank accounts for its own expenditures and fund flows; (v) cash flow management; (vi) submit quarterly financial monitoring reports (IUFR) to WB and CCU; (vii) preparation of Withdrawal Application to claim funds from the Bank and (ix) assistance to external auditor for finalizing the audit and submit audit report to the Bank. Responsibilities: The Major responsibilities for the FMS include but is not limited to: Maintain Flow of Funds Process; Maintain Accounting System; Development of a Chart of Accounts; Compliance to Financial and Accounting Policies; Design Formats and maintenance of Books and Register; Compliance of Financial and Accounting Procedures; Ensure Budgeting system; Support Contract Administration and Monitoring System; Bank Accounts operation and Reconciliation both for Disbursement Link Indicator (DLI) and non-DLI accounts; Ensure Financial Reporting; Interface with External auditors. Deliverables The key deliverables of the FMS will be in the following but not limited to: The key deliverables of the FMS will be: • Annual, Semi-Annual, Quarterly, and Monthly Financial Report • Detail budget plan for the project • Expense reports • Disbursement plan and reports • A financial and accounting management system Special Types of Reports: Any Reports as per requirements of PD, CCU, World Bank & Other Stake Holders. Place of work: Head office located at Dhaka, however the consultant needs to do field visits in Bangabandhu Sheikh Mujib Shilpa Nagar. Duration of employment: For period- July, 2021 to July 2023. Depending on the need of the client and satisfactory performance of the consultant, the contract period may be extended through mutual agreement. Commencement of the Service: 1 July 2021[Indicative] |
| Experience, Resources and Delivery Capacity Required |
: |
Qualification and Experience: The candidate must have Masters/MBA in Accounting/Finance with from any reputed university. The candidate who is having professional certification in CA/CMA/ACCA, and minimum five (5) years of post-qualification experience will be given preference. The candidate should have 10 (ten) years’ experience in financial management with a minimum 5 (five) years’ proven experience in MDB donor financed project in Bangladesh. The candidate who is having experience in DLI-based financed project will get preference. • Must have knowledge budgeting, fund release and reporting formalities of Government of Bangladesh (GOB), donor’s financial management and disbursement procedures. • Have had hands on experience in accounting software will be added advantage. • Must have expert level knowledge and skill in using MS Excel or equivalent software. • Strong organizational and planning skills with ability to work independently as a team player and under stretch. • Strong and proactive interpersonal communicative skills, experience in team leadership and participatory management. |
| Other Details (if applicable) |
: |
The detailed Terms of Reference (TOR) for the assignment can be found in the website: www.beza.gov.bd The Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) Development Project under Bangladesh Private Investment & Digital Entrepreneurship Project (P170688) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. The shortlisting criteria are: Educational qualification, experience (general & specific) and knowledge in relevant activity as specified in TOR. The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” July 2016, Revised November 2020 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the ‘Open Competitive Selection of Individual Consultants’ method set out in the Procurement Regulations. Further information can be obtained at the address below during office hours [i.e., 0900 to 1700 hours]. Expressions of interest may be delivered through postal/courier service or in person (hard copy)/E-mail to the address below by 27 June 2021, 1600 HOURS Bangladesh time. If delivered through email, the client shall not be responsible for the confidentiality of the EOI. |
| Association with foreign firms is |
: |
Not Applicable |
| Eoi Detail Information |
|---|
| Ref No |
Phasing Of Services |
Location |
Start Date |
Completion Date |
| IC-12-BSMSN-BEZA |
N/A |
BEZA Office located at Dhaka |
July/2021 |
June/2023 |
|
PROCURING ENTITY DETAILS
|
| Name of Official Inviting EOI |
: |
Abdullah Al Mahmud Faruk |
| Designation of Official Inviting EOI |
: |
Project Director |
| Address of Official Inviting EOI |
: |
Monem Business District, Level-12, 111, Bir Uttam C.R. Datta Road, Dhaka-1205 |
| Contact details of Official Inviting EOI |
: |
Phone : 00880 2 9632462, Fax : , Email : pd.bsmsn.pride@beza.gov.bd |
| The procuring entity reserves the right to accept or reject all tenders |
