Health System Enhancement to Address and Limit COVID-19: Procurement of Micro (0.3ml) Syringes (54171-002)
- Funding agency:
- ADB
- Status:
- awarded
- Location:
- Philippines
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TA-10540 REG: Enhancing Disaster Risk Financing Solutions in the Pacific: Climate-smart Insurance Implemented and Disaster Risk Financing (DRF) Mechanisms Enhanced (59076-001)
Details
Location:
Philippines
Contract type:
Consulting services
Status:
Awarded
Sectors:
Financial Services & Audit, Disaster Reduction & Humanitarian Relief
Languages:
English
Funding Agency:
Contracting authority type:
Multilateral organization
Eligibility:
Organisation
Budget:
USD 150,000
Date posted:
Jul 10, 2026
Associated tenders
Hidden
Summary
Conduct a due diligence assessment of the Pacific Catastrophe Risk Insurance Company (PCRIC) f...
Eligible applicants are consulting firms or consortia applying for an international ADB consulting assignment under the Simplified Consultants’ Qualifications Selection (SCQS) method. The opportunity is open to firms able to field an international team with expertise in financial management and...
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Description
TA-10540 REG: Enhancing Disaster Risk Financing Solutions in the Pacific: Climate-smart Insurance Implemented and Disaster Risk Financing (DRF) Mechanisms Enhanced (59076-001)
Date Published: 10-Jul-2026
Deadline of Submitting EOI: 31-Jul-2026 04:00 PM Manila local time
SELECTION PROFILE
Consultant Type: Firm
Selection Method: Simplified Consultants' Qualifications Selection (SCQS)
Selection Title: Enhancing Disaster Risk Financing Solutions in the Pacific: Climate-smart Insurance Implemented and Disaster Risk Financing (DRF) Mechanisms Enhanced
Engagement Period: 3.5MONTH
Consulting Services Budget: USD 150,000
Source: International
Technical Proposal: Single-Stage Proposal (SSP)
Approval Number: 10540
Approval Date: 28-Apr-2025
ADDITIONAL INFORMATION
Country of assignment: Regional
TERMS OF REFERENCE
Primary Expertise: Financial Management; governance
Objective and Purpose of the Assignment
The Asian Development Bank (ADB) has established the Pacific Pre-Arranged Resources for Enhancing Preparedness and Resilience Financing Partnership Facility (P-PREPARE) through TA 6929-REG: Enhancing Disaster Risk Understanding and Resilience. P-PREPARE aims to help Pacific Developing Member Countries (DMCs) increase the availability and quality of disaster risk financing (DRF) investments.
The Pacific Catastrophe Risk Insurance Company (PCRIC), a multi-donor funded disaster risk insurance company established for the benefit of the Pacific Islands region, is being considered as a potential recipient of grant financing under P-PREPARE. While PCRIC serves sovereign DMCs, it operates as a distinct legal corporate entity. Therefore, ADB requires an assessment of PCRIC’s financial management capacity, governance, regulatory and institutional arrangements, financial and insurance operations, systems, and controls to determine its readiness to receive, manage, use, report on and be audited for donor funds. The assignment will focus on financial management, governance, regulatory compliance, and insurance operations, including the entity’s ability to manage and report on grant resources transparently and in accordance with ADB requirements. A consulting firm or consortium, led by one international Financial Management and Institutional Due Diligence Specialist as Team Leader and supported by insurance/actuarial and policy/regulatory experts, will conduct (i) a Financial Management Assessment (FMA), (ii) a governance, regulatory and institutional review, and (iii) an assessment of financial and insurance operations, systems and related risk. The assignment will be implemented as a lump-sum consulting services contract.The assessment will determine whether PCRIC has adequate financial management arrangements, systems, controls, governance, regulatory compliance, institutional capacity and insurance operations to receive, manage and report on potential ADB/P-PREPARE support, including premium support, capitalization support, or other eligible grant resources. This will include both documented policies, rules and controls and how these are implemented in practice.The consulting firm or consortium will confirm a proportionate methodology in the inception report, including document review, remote interviews, and process or systems walkthroughs, as appropriate. The tasks and activities will include but are not limited to the following: 1. Financial Management Assessment 2. Governance, Regulatory, and Institutional Review 3. Financial and Insurance operations, Systems, and Risk Assessment Hidden
Contact Details • 1
tender Background
About the Funding Agency
ADB - Asian Development Bank - based in Manila, Philippines since 1960.
The Asian Development Bank aims for an Asia and Pacific free from poverty. ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.
As a multilateral development finance institution, ADB provides:
- loans
- technical assistance
- grants
About the Sectors
Financial Services & Audit
Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.
Key areas:
- Financial services, banking, and insurance
- Accounting, auditing, and financial reporting
- Investment, capital markets, and financial inclusion
Disaster Reduction & Humanitarian Relief
Covers actions aimed at reducing disaster risks and providing emergency assistance to populations affected by natural disasters, conflicts, or humanitarian crises.
Key areas:
- Disaster risk reduction and preparedness
- Emergency response and humanitarian assistance
- Crisis recovery and relief coordination
Locations
Philippines
The Philippines prioritizes transport modernization, airport expansion, port upgrades, and flood control systems to strengthen economic competitiveness and disaster resilience. Large-scale public infrastructure programs aim to address historical underinvestment and improve inter-island connectivity. Financing combines national budgets, public-private partnerships, and multilateral development assistance. Implementation challenges include bureaucratic delays, disaster vulnerability, and regional disparities in infrastructure access.
Nr. of tenders: 30998
Nr. of grants: 3470
Nr. of donors: 621
Nr. of jobs: 93
Nr. of tenders: 30998
Nr. of grants: 3470
Nr. of donors: 621
Nr. of jobs: 93
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