---
title: "Technical Assistance for the Independence and Reorganisation of the Central Bank of Bangladesh"
ocid: "ocds-b5fd17-1ac0ff16-161d-4553-9a5a-2dc105f36de8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1ac0ff16-161d-4553-9a5a-2dc105f36de8"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1ac0ff16-161d-4553-9a5a-2dc105f36de8.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1ac0ff16-161d-4553-9a5a-2dc105f36de8.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE"
published: "2025-06-13"
---

# Technical Assistance for the Independence and Reorganisation of the Central Bank of Bangladesh

Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-1ac0ff16-161d-4553-9a5a-2dc105f36de8

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## Summary

The procurement process, titled "Technical Assistance for the Independence and Reorganisation of the Central Bank of Bangladesh," was conducted by the Foreign Commonwealth and Development Office (FCDO) and falls under the industry category of business and management consultancy services (CPV code: 79410000). With a procurement method described as a call-off from a framework agreement, it relates to the FCDO's Transformative Economic Policy Programme in Bangladesh. This contract was valued at £499,890 and spans from 9th June 2025 to 31st January 2026. The award process, now complete, identified Pegasys Limited as the successful supplier. The procurement was selective, with the opportunity tailor-made to accommodate small and medium-sized enterprises (SMEs). While the delivery is based largely in the United Kingdom, it also encompasses the British Overseas Territories, Europe, and other regions worldwide.

This tender provides significant opportunities for growth, particularly for SMEs in the consultancy sector. The contract's scope includes facilitating legal reform and enhancing organisational structures and governance of Bangladesh Bank, highlighting its potential impact in high-level financial reform domains. Additionally, businesses with expertise in change management, human resources, legal drafting, and advisory services related to central banking reform will find unique opportunities to showcase their skills and expand their expertise. Companies that can quickly mobilise resources and offer tailored strategic guidance will be particularly well-suited to compete effectively in such a transformative and fast-paced international project.

## Notice

This Notice relates to publication of call-down contract under Lot 11 of Global Development Delivery (GDD) Framework that requires a service provider or a consortium of service providers ("Supplier") provide technical expertise to Bangladesh Bank and the Government of Bangladesh to advise on and implement the tasks listed below through this contract (henceforth referred to as 'Legal Reform'). The project is time sensitive and requires rapid mobilisation, deployment of experts and execution. This contract is part of FCDO's Transformative Economic Policy Programme - Bangladesh (TEPP). The supplier will be responsible for the following outputs and deliverables: - Rapid needs assessment based on consultation with senior management of Bangladesh Bank, FCDO and other stakeholders - Advisory report outlining options on central bank independence with recommendations tailored to the Bangladesh context. - Quality assurance and drafting advice for new legislation for an independent central bank. - Advisory report on the formation and operation of independent monetary policy and financial stability committees of the central bank. - Advisory report on strengthening governance processes and reforming accountability mechanisms of Bangladesh Bank. - Developing a prioritised implementation plan for reforming Bangladesh Bank's internal structures, processes and systems identifying activities and deliverables for two phases: with phase one to be completed by 2025 and phase two by 2026. - Provide support for change management and internal communication for a smooth transition. - Execution and completion of phase one with a smooth transition to the new management structure and organogram with minimal disruption. - Future state design: a modern, fit for purpose human resource and talent management strategy, policies and processes; management processes that promotes accountability, collaboration and efficiency with clear roles and responsibilities.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/98cb151a-1429-4cbc-ac38-62fdebedce2b |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Jun 2025 |
| Submission deadline | 23 May 2025 |
| Future notice date | Not specified |
| Award date | 9 Jun 2025 |
| Contract period | 8 Jun 2025 - 31 Jan 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £499,890 |
| Lots value | Not specified |
| Awards value | £499,890 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE |
| Locality | EAST KILBRIDE |
| Post town | Glasgow |
| Postcode | G75 8EA |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM9 Southern Scotland |
| ITL 3 | TLM95 South Lanarkshire |
| Local authority | South Lanarkshire |
| Electoral ward | East Kilbride West |
| Westminster constituency | East Kilbride and Strathaven |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PEGASYS |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79410000 - Business and management consultancy services

## Release History

- 13 Jun 2025 at 09:40 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/98cb151a-1429-4cbc-ac38-62fdebedce2b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/98cb151a-1429-4cbc-ac38-62fdebedce2b
  13th June 2025 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/3a63b97b-2e3c-47b2-8d1d-be4aded08299
  n/a

## Notice URLs

- https://www.gov.uk/government/organisations/foreign-commonwealth-development-office

## Provenance

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