Award

Financial Services Pillar (FSp) of the ASEAN Economic Integration Programme (AEIP)

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

Award

06 Dec 2024 at 09:15

Award Notice
Summary of the contracting process

The Foreign Commonwealth and Development Office (FCDO) has concluded the award stage of the procurement process for the Financial Services Pillar (FSp) of the ASEAN Economic Integration Programme (AEIP). The awarded contract, valued at GBP 8,000,000, was given to Cadmus International UK Limited. This service falls under the industry category of foreign economic-aid-related services (CPV code 75211200). The project aims to promote financial inclusion particularly for MSMEs and women across ASEAN member states through increased access to affordable financial services. The contractual period spans from 14 November 2024 to 13 November 2028 and is set to be delivered in Scotland, United Kingdom.

This tender creates significant opportunities for business growth, especially for firms specialising in financial services, economic development, and gender inclusion initiatives. The programme's focus on digitalisation and expert support to ASEAN opens prospects for technology providers, consultancy firms, and financial service consultants who can offer tailored solutions to improve financial literacy, consumer protection, and market access. Companies that have strong experience in working with MSMEs and developing innovative financial products would be well-suited to participate in future opportunities arising from such projects.

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Notice Information

Notice Title

Financial Services Pillar (FSp) of the ASEAN Economic Integration Programme (AEIP)

Notice Description

Following competition through an Open route to market, a successful provider has been selected and a a contract awarded to them to deliver the following programme: The FSp aims to enable greater financial resilience and economic opportunities for individuals and businesses in AMS through wider availability of useful and affordable financial services, particularly for MSMEs and women ('financial inclusion '). Financial inclusion is uneven among AMS, with some countries still having a persistently high percentage of adults without an account at a financial institution. Digitalisation of the sector is improving access to and use of financial services across ASEAN, but barriers remain, and these can be higher for women and MSMEs. Barriers in some AMS include low financial or digital literacy, lack of trust / gaps in consumer protection, shallow capital markets and limited access to international payments. The intended outcome of the FSp is that AMS adopt and implement ASEAN-led policy recommendations and reforms that promote financial inclusion in the region. The programme will do this by providing expert support to ASEAN and AMS. Additional information: Additional information can be obtained from the above-mentioned address.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-33438dc8-2a25-458e-8ae1-f5faa20d41d1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e42b2971-fa93-4820-857a-f49271dcf5c1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services

CPV Codes

75211200 - Foreign economic-aid-related services

Notice Value(s)

Tender Value
£8,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£8,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Dec 20241 years ago
Submission Deadline
2 Feb 2024Expired
Future Notice Date
Not specified
Award Date
14 Nov 20241 years ago
Contract Period
14 Nov 2024 - 13 Nov 2028 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EAST KILBRIDE, GLASGOW
Postcode
G75 8EA
Post Town
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM95 South Lanarkshire
Delivery Location
TLM Scotland
Local Authority
South Lanarkshire
Electoral Ward
East Kilbride West
Westminster Constituency
East Kilbride and Strathaven

Supplier Information

Number of Suppliers
1
Supplier Name

CADMUS INTERNATIONAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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