Request for Expression of Interest (REOI)

Pension and Social Protection Project (Additional Financing)

Date:  October 29, 2014

To develop and deliver a program for companies on ‘Going Public’

The Government of the Republic of Maldives has received additional financing from the International Development Association (IDA) to strengthen administration of social assistance programs under the Maldives Pension and Social Protection Administration Project (PSPAP), and intends to apply part of the funds to develop and deliver a program to create awareness and obtain feedback about the going public, listing and issuing process in the Maldives.

Objectives

The objective of the assignment is to hire an individual (consultant) to develop and deliver a ‘going public’ program to create awareness and obtain feedback about the going public, listing and issuing process in the Maldives.

The program shall:

1. Identify the level of awareness in regards to going public, listing and issuing securities on the capital market.
2. Identify the issues that are currently faced in regards to the above.
3. Increase the level of awareness on financing via the capital market among decision makers in the business sector.

Scope of services

The consultant shall provide the following services:

1. Pre-program assessment
   1. Preparing a questionnaire and conduct interviews with potential fund raisers in Maldives to find out understanding level and issues in going public.
   2. Audience: At least 10 person from decision making level in business sector
   3. Review and identify issues from the interview
2. Prepare the program for discussion sessions based on the information obtained from the survey. Create list of participants for the discussion sessions and identify availability for the discussion session.
3. Conduct discussion sessions:
   1. Audience: (20-30 participants per session)
   2. At least two discussion sessions to be conducted
   3. Duration: 1 day session
4. Conduct meeting with Executives ( MD, Chairman and major shareholders / or high net worth individuals)
   1. Audience: (15 – 20 participant for each meeting)
   2. At least two meetings to be conducted
   3. Duration: ½ day meetings
5. Post-program:
   1. Prepare a Findings Report from survey, focus group discussions, meetings and evaluation questionnaires.

Qualification

1. Minimum Undergraduate Qualification in Commerce/Business Administration, Economics, or Finance, or Law.
2. Minimum of three years’ experience in a related field.
3. Good knowledge and experience/understanding in raising finance for business activities in the market.
4. Previous experience in surveying or research activities will be an added advantage

The Maldives Pension Administration Office now invites interested eligible individuals to submit their Expressions of Interest (EOI) in providing the services. Interested individuals must provide information that demonstrates that they are qualified to perform the services (CV indicating the relevant skills and experience, description of similar assignments, experience in similar conditions, availability of appropriate skills, etc.) based on the objectives.

An individual will be selected in accordance with the procedures set out in the World Bank’s Guidelines: Selection and Employment of Consultants by World Bank Borrowers, May 2004, revised October 2006.

Interested individual candidates may obtain an outline TOR from www.pension.gov.mv and further information and the TOR at the address below from 8:00 TO 16:00 hrs.

Interested candidates must deliver their proposal to the following address before 16:00 hrs. 13th November 2014. by regular mail, emails or fax.

Ms. Sujatha Haleem

Project Manager

Pension and Social Protection Administration Project

Maldives Pension Administration Office

Male’, Republic of Maldives

Tel: +960 3309908 Fax: +960 3307759

E-mail: [email protected], [email protected]

Web site:  www.pension.gov.mv