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Small Contract Award Notice
Bhutan
Project: P073458 - Bhutan Private Sector Development
Report Period: 06/01/2011 - 07/14/2011
Awarded Firm/Indv. : M/s. Infotech Global Ptd. Ltd
Address: 1003 Bukit Merah Central, Technoprenuer Centre # 04-14
Contract Signature Date: 06/22/2011
Method of Procurement: SSS - Single Source Selection
Price: USD 329,000.00
Duration: 1 Year(s)
Summary Scope of Contract: The Royal Monetary Authority of Bhutan serves as the implementing agency for the project to supply & installation of software and hardware technology for Royal Securities Exchange of Bhutan Ltd.(RSEBL)

The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.
The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.
Encompasses initiatives that improve how organizations plan, source, and manage the purchase of goods and services to ensure value for money, compliance, and supplier performance.
Features information and communication technologies, digital systems, and telecommunications infrastructure and services.