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0002017323
F4D mid-term evaluation

The Finance for Development (F4D) Umbrella Trust Fund Program, established in 2022 and operational since 2023, is the World Bank’s main donor financing, partnership, and knowledge platform, aimed to improve the capacity of developing countries to develop deep, inclusive, efficient, and resilient financial systems. The Program’s vision is for the client countries to have resilient, transparent and smooth-functioning financial systems and capital markets that enable financial stability, job growth and poverty alleviation. The Program delivers public sector solutions to the most pressing development challenges in the financial sector, leveraging a range of the Bank Group’s financial, knowledge and convening services for clients. The Program is supported by the Austrian Federal Ministry of Finance (BMF), the Bill & Melinda Gates Foundation (BMGF), the European Commission (EC), Global Affairs Canada (GAC), and the Swiss State Secretariat for Economic Affairs (SECO).

F4D is managed by the Finance, Competitiveness and Investment (FCI) Global Practice. The program cooperates with more than 20 World Bank Group units and partners, reflecting the vital role of finance for many other sectors.

The Umbrella’s Partnership Council provides strategic guidance and direction, with representatives from all contributing Development Partners.  Resources are deployed to both global and regional teams, involving a strong country and field presence. F4D supports: (i) financial sector diagnostics; (ii) technical assistance, policy advice and capacity building; and (iii) monitoring and evaluation and program management, through a team reporting to FCI Finance Global Director.

The F4D program adopts an ecosystem approach toward financial sector development, organized around four mutually reinforcing thematic pillars and three cross-cutting themes as the schematic below shows, to embrace a sufficiently comprehensive scope, maximize the impact, and match the evolving and growing demand from low- and middle-income countries. 
  • 90 - CONTRACT CONSULTANTS

  • Equitable Growth, Finance and Institutions: Poverty & Equity
  • 90.40 - FIRMS FOR OPERATIONAL PROJECTS

SELECTION OF CONSULTING FIRMS BY THE WORLD BANK GROUP

REQUEST FOR EXPRESSION OF INTEREST (EOI)

Electronic Submissions through WBGeProcure RFx Now

ASSIGNMENT OVERVIEW

Assignment Title: F4D mid-term evaluation

ASSIGNMENT DESCRIPTION

The F4D Program team is looking for a highly experienced consulting firm to conduct the program’s mid-term evaluation (MTR).

The objectives of this independent MTR are:

1.Assess the Program’s objectives and results achieved, and their alignment with the World Bank Group’s corporate strategies

2.Generate evidence on what works and what doesn’t to improve the implementation of the F4D Umbrella Program, including practical and actionable recommendations for any midcourse corrections

3.Identify lessons and recommendations on how the Program and its operating model may be further strengthened

 

This MTR will be the first independent evaluation to be conducted for F4D to assess the program’s performance, looking at management, implementation, and preliminary results for approximately the first 3 years of the program (since its inception in 2022 through June 30, 2025). It will review the program’s governance and strategic direction and examine the active and closed project portfolio as well as the pipeline of future activities under the Anchor and Associated TFs under the umbrella program.

The MTR will be a formative evaluation with a strong focus on learning. Findings from the review will be used to inform the program’s governance, the World Bank Management, and the F4D Umbrella Program Management Unit (PMU) functions in the remaining years of the program. Additionally, they are also expected to provide the task teams with collective lessons learned, strategic direction, and any necessary course corrections as they implement their projects to achieve the development objectives.

SUBMISSION REQUIREMENTS

The World Bank Group invites eligible firms to indicate their interest in providing the services. Interested firms must provide information indicating that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc. for firms; CV and cover letter for individuals). Please note that the total size of all attachments should be less than 5MB.

Expressions of Interest should be submitted, in English, electronically through WBGeProcure RFx Now

NOTES

Following this invitation for EOI, a shortlist of qualified firms will be formally invited to submit proposals. Shortlisting and selection will be subject to the availability of funding.

Only those firms which have been shortlisted will be invited to participate in the RFP phase. No notification or debrief will be provided to firms which have not been shortlisted.

If you encounter technical difficulties while uploading documents, please send an e-mail to the Help Desk at corporateprocurement@worldbank.org prior to the submission deadline.