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Contract Notice

CDC Longitudinal Study: To what extent does CDC activity crowd in private sector investor investment

  • First published: 21 January 2017
  • Last modified: 21 January 2017

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
Procurement
Authority ID:
AA21664
Publication date:
21 January 2017
Deadline date:
17 February 2017
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The Department for International Development (DFID) is seeking to contract an organisation or consortium to design and implement a large-scale, long-term study analysing the impact of DFIs, including CDC, on private sector investment activity. This is a novel and complex area of research. It is therefore anticipated that a mixed methodology approach is taken, following significant consultation during design phases. This could include econometric methods, longitudinal survey data, and case studies. In CDC, the UK Government owns a Development Finance Institution (DFI) which supports the building of businesses throughout Africa and South Asia to create jobs and make a lasting difference to people's lives. Successful businesses are vital to drive a country's economic growth, which provides a sustainable route to poverty reduction. Businesses provide jobs for people to lift themselves out of poverty, and tax receipts enable a country to fund its own public services, reducing aid dependency. Businesses in many countries in Africa and South Asia are in need of additional investment capital, which they fail to attract in sufficient amounts due to (i) limited long term domestic capital, and (ii) high actual or perceived risks, including political, corruption and currency risks. Institutional investors have additional constraints, such as regulatory restrictions, which hamper investments in these geographies. These are market failures that DFIs DFID aims to overcome through its programmes. Investing through CDC is a significant part of this effort. 1. This research piece will provide evidence on whether the investment activity of CDC is mobilising private sector investment. 2. The research will analyse what changes, if any, are being seen through time across CDC investment contexts. This will address the question of whether progress on mobilisation is context-specific. Further, the research will analyse to what extent changes seen are attributable to CDC or other factors. 3. There should be an extension to the developmental effects of CDC activity, to what extent greater mobilised investment is associated with persistence of positive development and economic outcomes, such as job creation and wider sectoral development. 4. It would be desirable to include some assessment of comparators, including other DFIs in this study. However, it is intended that analysis on mobilisation focus on CDC and its impact. 5. The expected output of the study is data collection and analysis released regularly over 10 years (e.g. every 2 years). This will, where appropriate, and at minimum at the study's conclusion, include relevant policy and practice implications and recommendations on what works in investing for development, particularly with regard to mobilising private sector investment. 6. The expected outcome of the study is that DFID and other international and developing country actors will use quality evidence to develop more effective policies and interventions through DFIs and better mobilise private sector investment. Mobilisation can be a major driver of value for money in interventions through DFIs, and ultimately is necessary for financially self-sustaining capital markets in developing countries.

Full notice text

CONTRACT NOTICE – OFFICIAL JOURNAL

Section I: Contracting Authority

I.1)

Name, Address and Contact Point(s)


Procurement

Abercrombie House, Eaglesham Road

East Kilbride


UK

Fiona Crawford


f-crawford@dfid.gov.uk





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I.2)

Type of contracting Authority and Main Activity or Activities

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No

Section II: Object of the Contract

II.1)

Description

II.1.1)

Title attributed to the contract by the contracting authority

CDC Longitudinal Study: To what extent does CDC activity crowd in private sector investor investment?

II.1.2(a))

Type of works contract

II.1.2(b))

Type of supplies contract

II.1.2(c))

Type of service contract

8

II.1.2)

Main site or location of works, place of delivery or performance

United Kingdom.



UK

II.1.3)

This notice involves

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II.1.4)

Information on framework agreement (if applicable)

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Number of participants to the framework agreement envisaged

Duration of the framework agreement

Justification for a framework agreement the duration of which exceeds four years

Estimated total value of purchases for the entire duration of the framework agreement

Frequency and value of the contracts to be awarded

II.1.5)

Short description of the contract or purchase(s)

The Department for International Development (DFID) is seeking to contract an organisation or consortium to design and implement a large-scale, long-term study analysing the impact of DFIs, including CDC, on private sector investment activity. This is a novel and complex area of research. It is therefore anticipated that a mixed methodology approach is taken, following significant consultation during design phases. This could include econometric methods, longitudinal survey data, and case studies. In CDC, the UK Government owns a Development Finance Institution (DFI) which supports the building of businesses throughout Africa and South Asia to create jobs and make a lasting difference to people's lives. Successful businesses are vital to drive a country's economic growth, which provides a sustainable route to poverty reduction. Businesses provide jobs for people to lift themselves out of poverty, and tax receipts enable a country to fund its own public services, reducing aid dependency. Businesses in many countries in Africa and South Asia are in need of additional investment capital, which they fail to attract in sufficient amounts due to (i) limited long term domestic capital, and (ii) high actual or perceived risks, including political, corruption and currency risks. Institutional investors have additional constraints, such as regulatory restrictions, which hamper investments in these geographies. These are market failures that DFIs DFID aims to overcome through its programmes. Investing through CDC is a significant part of this effort. 1. This research piece will provide evidence on whether the investment activity of CDC is mobilising private sector investment. 2. The research will analyse what changes, if any, are being seen through time across CDC investment contexts. This will address the question of whether progress on mobilisation is context-specific. Further, the research will analyse to what extent changes seen are attributable to CDC or other factors. 3. There should be an extension to the developmental effects of CDC activity, to what extent greater mobilised investment is associated with persistence of positive development and economic outcomes, such as job creation and wider sectoral development. 4. It would be desirable to include some assessment of comparators, including other DFIs in this study. However, it is intended that analysis on mobilisation focus on CDC and its impact. 5. The expected output of the study is data collection and analysis released regularly over 10 years (e.g. every 2 years). This will, where appropriate, and at minimum at the study's conclusion, include relevant policy and practice implications and recommendations on what works in investing for development, particularly with regard to mobilising private sector investment. 6. The expected outcome of the study is that DFID and other international and developing country actors will use quality evidence to develop more effective policies and interventions through DFIs and better mobilise private sector investment. Mobilisation can be a major driver of value for money in interventions through DFIs, and ultimately is necessary for financially self-sustaining capital markets in developing countries.

II.1.6)

Common Procurement Vocabulary (CPV)

75211200
73000000

II.1.7)

Contract covered by the Government Procurement Agreement (GPA)

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II.1.8)

Division into lots

No

II.1.9)

Will variants be accepted

No

II.2)

Quantity or Scope of the Contract

II.2.1)

Total quantity or scope

II.2.2)

Options

Provisional timetable for recourse to these options

Number of possible renewals

In the case of renewable supplies or service contracts, estimated time frame for subsequent contracts

II.3)

Duration of the contract or limit for completion

120

Section III: Legal, Economic, Financial and Technical Information

III.1)

Conditions Relating to the Contract

III.1.1)

Deposits and guarantees required

III.1.2)

Main Terms of financing and payment and/or reference to the relevant provisions

III.1.3)

Legal form to be taken by the grouping of suppliers, contractors or service providers to whom the contract is to be awarded

III.1.4)

Other particular conditions to which the performance of the contract is subject

III.3)

Conditions Specific to Service Contracts

III.3.1)

Is provision of the service reserved to a specific profession?

No

III.3.2)

Will legal entities be required to state the names and professional qualifications of the personnel responsible for the execution of the service?

No

Section IV: Procedure

IV.1)

Type of Procedure


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Justification for the choice of accelerated procedure

IV.1.1)

Have candidates already been selected?

No

IV.1.2)

Limitations on the number of operators who will be invited to tender or to participate

Objective criteria for choosing the limited number of candidates

IV.1.3)

Reduction of the number of operators during the negotiation or dialogue

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IV.2)

Award Criteria

No


Yes

No

IV.2.2)

An electronic auction will be used

No

IV.3 Administrative Information

IV.3.1)

Reference number attributed to the notice by the contracting authority

7872

IV.3.2)

Previous publication(s) concerning the same contract

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Other previous publications

IV.3.3)

Conditions for obtaining specifications and additional documents



 


IV.3.4)

Time-limit for receipt of tenders or requests to participate

 17-02-2017  14:00

IV.3.5)

Date of dispatch of invitations to tender or to participate to selected candidates


IV.3.6)

Language or languages in which tenders or requests to participate can be drawn up

Checked box    

IV.3.7)

Minimum time frame during which the tenderer must maintain the tender 

6 

IV.3.8)

Conditions for opening tenders





Section VI: Other Information

VI.1)

Indicate whether this procurement is a recurrent one and the Estimated timing for further notices to be published


VI.2)

Does the contract relate to a Project/Programme financed by Community Funds?

No



VI.3)

Additional Information

VI.4)

Procedures for appeal

VI.4.1)

Body responsible for appeal procedures










Body responsible for mediation procedures










VI.4.2)

Lodging of appeals

VI.4.3)

Service from which information about the lodging of appeals may be obtained










VI.5)

Dispatch date of this Notice

 19-01-2017

ANNEX A

Additional Addresses and Contact Points

I)

Address and contact points from which further information can be obtained











II)

Address and contact points from which specifications and additional documentation may be obtained











III)

Address and contact points to which Tenders/Requests to Participate must be sent











Coding

Commodity categories

ID Title Parent category
75211200 Foreign economic-aid-related services Foreign-affairs services
73000000 Research and development services and related consultancy services Research and Development

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
f-crawford@dfid.gov.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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