Planning

Transforming Financial Services in Bangladesh (Technical Assistance)

FOREIGN, COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 4 releases in its history.

PlanningUpdate

23 Oct 2025 at 11:45

UK2 - Preliminary Market Engagement Notice
PlanningUpdate

14 Oct 2025 at 11:51

UK2 - Preliminary Market Engagement Notice
PlanningUpdate

14 Oct 2025 at 11:36

UK2 - Preliminary Market Engagement Notice
Planning

03 Sep 2025 at 14:32

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

The Foreign, Commonwealth and Development Office (FCDO) is in the planning stage of a procurement process titled "Transforming Financial Services in Bangladesh (Technical Assistance)". This initiative falls under the services category, specifically targeting foreign economic aid-related services, and is planned to be delivered in Bangladesh. The procurement process will be conducted via FCDO’s existing Global Development Delivery (GDD) Framework, Lot No. 4. The project involves a substantial budget, with a gross value of £9,000,000, scheduled to commence on 20 April 2026, and conclude on 19 April 2030, with possibilities for renewal. Interested suppliers were provided a communication channel that will close on 28 November 2025, with further notices expected on 12 December 2025.

This procurement provides significant opportunities for businesses with expertise in financial sector development, particularly those capable of supporting organisational transformation within central banks and developing infrastructure for financial inclusion. Companies that specialise in regulatory technology, open banking, and creating financial ecosystems are particularly well-suited. The framework encourages participation from SMEs and voluntary, community, and social enterprises, offering these organisations a chance to demonstrate their capabilities in a high-impact international development programme. Suppliers engaging in this tender could establish a strong foothold in the region and expand their market presence globally.

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Notice Information

Notice Title

Transforming Financial Services in Bangladesh (Technical Assistance)

Notice Description

FCDO are planning to procure a Technical Assistance contract for a five-year financial sector development programme in Bangladesh. The contract would require the supplier to provide expertise to the central bank, government and other related regulatory authorities. The contract will pursue outcomes in the following areas: - Organisational transformation of the central bank - Financial infrastructure development, including for financial inclusion (e.g. payment systems, regulatory technology, credit information, open banking etc) - New and reformed regulatory and legal frameworks and institutions for financial services (e.g. bankruptcy code) - Financial ecosystem development (e.g. accredited professionals, standards) The route to market for this procurement opportunity is now finalised and will be through FCDO's existing Global Development Delivery (GDD) Framework, Lot No.4, which will be governed under PCR 2015 regulations. The communication channel against pqq_1945 (https://fcdo.bravosolution.co.uk/go/313053680199E13227C4) will be closed w.e.f. 28/11/2025. All future engagement with the Framework Suppliers until publication of ITT for this Tender will be through the existing Lot No.4 communication channel, which is available only to the existing Lot 4 suppliers.

Planning Information

It is an information notice to give interested suppliers the opportunity to communicate with the Authority using the Communication Channel link https://fcdo.bravosolution.co.uk/go/313053680199E13227C4

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-059366
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/067790-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

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
£7,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Oct 20254 months ago
Submission Deadline
Not specified
Future Notice Date
12 Dec 2025Expired
Award Date
Not specified
Contract Period
19 Apr 2026 - 19 Apr 2030 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FOREIGN, COMMONWEALTH AND DEVELOPMENT OFFICE
Contact Name
William Shanks
Contact Email
william.shanks@fcdo.gov.uk
Contact Phone
+447828074620

Buyer Location

Locality
LONDON
Postcode
SW1A 2AH
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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