FINANCIAL SECTOR SUPPORT PROJECT

1. This request for Expressions of Interest follows the General Procurement Notice (GPN) of this project that appeared in UN Development Business No. 692 of 16 December 2006.

2. The Government of the United Republic of Tanzania has secured funds from Development Partners toward the cost of the Financial Sector Support Project (FSP). It is intended that part of the proceeds of the funds be applied to eligible payments under the contract for a full time Resident Advisor for a period of one year to assist in the process that will lead to strengthening capital markets supervision in Tanzania.

3. The objective of engaging a Resident Advisor is to among others, assist in strengthening the capacity of the CMSA to supervise the capital markets in Tanzania, including developing risk based supervision and preparing a market supervision manual. Specifically the Advisor is expected to conduct a focused diagnostic study of the supervisory framework; revise the existing supervisory policies, procedures, manuals and information systems and recommending improvement; recommend Risk Based Regulatory framework; conduct trial on-site and off-site supervision in order to give practical experience to CMSA staff and to test the proposed procedures and system; develop inspection and reporting framework; develop risk based capital adequacy requirements; and build capacity for CMSA staff.

4. The Bank of Tanzania (the Client) now invites eligible consulting firms to express their interest in providing the required services. Interested consultants must provide information indicating their professional capability to undertake the consultancy. Such information may include brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.

5. A short list of consulting firms will be prepared on the basis of Expressions of Interest submitted to Bank of Tanzania in writing. The selection of a consultant will be in accordance with procedures set out by the World Bank Guidelines;
Selection and Employment of Consultants by World Bank Borrowers, May 2004 revised October 2006.

6. Interested consultants may obtain further information at the address given below between 0830 and 1630 hours, Monday – Friday inclusive, exclusive of public holidays, before the deadline for the submission of Expression of Interest.
Deadline for submission of Expression of Interest is Tuesday, August 25, 2009 at 15.00 hours local time.

7. Expressions of Interest in writing, with corporate capability statement should be sent to:

Postal: .
Director.
Directorate of Banking Supervision.
Bank of Tanzania.
P.O. Box 2939.
Dar es Salaam, Tanzania.
.
Physical: .
North Tower, 7th Floor.
DBS Office.
10 Mirambo St.
Dar es Salaam, Tanzania.
Tel: 255 22 2235482 .
Fax: 255 22 2234194.
E-mail: jmmassawe@hq.bot-tz.org, aekobello@hq.bot-tz.org