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Contractor: Key International Ltd USA Joint Venture with Sthapati Sangshad Limited.
Project: P111272 – BANGLADESH: EMERGENCY 2007 CYCLONE RECOVERY AND RESTORATION PROJECT
Contract Reference No: S-1 (Assignment-A): BMSFP
Scope of Contract: S-1 (Assignment-A): BMSFP (Bangladesh Modern Food Storage Facilities Project)
Method of Selection: QCBS - Quality And Cost-Based Selection
Duration of Contract: 12 Month(s)
Contract Signature Date: 02/07/2012
Evaluation Currency: BDT - Bangladeshi Takas
Awarded Consultant(s)/Firm:
Name: Key International Ltd USA Joint Venture with Sthapati Sangshad Limited.
Address: Key International 6533 36th Avenue, N.E., Seattle, WA 98115, USA & Sthapati Sangshad Ltd, House No.5, Road no. 68, Dhaka-1212
Technical Score: 80.61
Financial Score: 100.00
Final Evaluation Price: BDT 72,972,765.00
Final Score: 82.55
Final Ranking: 1
Final Negotiated Price: BDT 72,972,765.00
Rejected Consultant(s)/Firm:
Name: River International Companies LLC USA in Association with Resource Planning & Management Consultants Ltd Bangladesh
Address: 31-Garib-E-Newaz Avenue, Sector-13, Uttara, Dhaka-1230.
Technical Score: 85.46
Financial Score: 51.45
Final Evaluation Price: BDT 451,810,030.00
Final Score: 82.06
Final Ranking: 0
Reason for Rejection: Does not meet Eligibility Requirements

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.
Features all the components, activities, and processes related to food production, processing, safety, and access, as well as initiatives that support livelihoods and income generation for individuals and communities.
Focuses on planning, coordinating, and delivering projects effectively within defined scope, timelines, and budgets while managing resources and stakeholders.