Planning

Transforming Financial Services in Bangladesh (Technical Assistance)

FOREIGN, COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 2 releases in its history.

PlanningUpdate

23 Oct 2025 at 11:46

UK3 - Planned Procurement Notice
Planning

03 Sep 2025 at 14:33

UK3 - Planned Procurement Notice
Summary of the contracting process

The Foreign, Commonwealth and Development Office (FCDO) in the UK is planning a procurement process titled "Transforming Financial Services in Bangladesh (Technical Assistance)." This project falls under the 'services' category with an open procurement method and is conducted under the Global Development Delivery (GDD) Framework, Lot No.4, governed by PCR 2015 regulations. The procurement aims to provide technical assistance for a financial sector development programme over five years in Bangladesh, offering expertise to the central bank, government, and related regulatory authorities. Key project objectives include organisational transformation of the central bank, development of financial infrastructure for financial inclusion, establishment of new regulatory frameworks, and enhancement of the financial ecosystem. The tender process is currently in the planning stage with a submission deadline ending on 13th February 2026 and the contract expected to commence on 20th April 2026. The office is located at King Charles Street, London, with operations in Bangladesh.

This tender presents significant opportunities for businesses specialising in financial services development, consulting, and technical assistance. Companies with expertise in financial infrastructure, regulatory technology, and financial inclusion initiatives are particularly well-suited to participate. The contract, valued at approximately £7.5 million, provides an opportunity for growth in the international markets, especially within the economic-aid services sector. Small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) are encouraged to apply, enhancing their international portfolio and contributing to the financial transformation in Bangladesh. Eligible businesses can benefit from the contract’s potential renewal option, extending up to an additional year based on performance and market needs.

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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.

Lot Information

Lot 1

Renewal: This contract may be extended by 12 months with upto a value of PS1000,000 subject to need assessment, supplier performance and budget availability.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-059367
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/067792-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK3 - Planned Procurement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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
£7,500,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Oct 20254 months ago
Submission Deadline
13 Feb 2026Expired
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
Planned
Lots Status
Planned
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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