(RFP) -Technical Assistance to Support Rwanda Finance Ltd at DIA, Kigali -CLOSE: 02/10/2020 - Service Delivery Tenders in Kigali, Rwanda

Published date: 14/09/2020
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Details of listing: (RFP) -Technical Assistance to Support Rwanda Finance Ltd at DIA, Kigali -CLOSE: 02/10/2020

Kigali, Rwanda

Additional information

To:                 Offerors

Date:               September 11, 2020

 From:              USAID Nguriza Nshore Activity (Implemented by DAI Global LLC)

 Subject:           Request for Proposals (RFP) – Technical Assistance to Support Rwanda Finance Ltd with the Development of a Training Levy and Skills Development Fund

 Due: 5:00 PM Central Africa Time (CAT), October 2, 2020

Dear Offerors:

It is our pleasure to release a Request for Proposal (RFP) to support the implementation of DAI’s Nguriza Nshore Activity funded by the United States Agency for International Development (USAID). DAI invites companies (consulting and/or law firms and others with relevant experience and successful track records) to submit proposal(s) in support of Rwanda Finance Ltd with the Development of a Training Levy and Skills Development Fund.

  1. RFP Process and Deadlines. This solicitation will result in the award of a single Fixed Price Contract (FPC) or an Individual Consulting Agreement (ICA).

  2. Submission of Questions. Questions must be submitted no later than 1:00 pm CAT, September 18, 2020, via email to NgurizaNshore_Procurement@dai.com.

  3. Submission of Proposals. Proposals must be submitted no later than 5:00 pm

CAT, October 2, 2020, via email to NgurizaNshore_Responses@dai.comThe subject line of the email must include your organization or consultant name, followed by;

  • “Submission under RFP Nguriza Nshore, “Technical Assistance to support Rwanda Finance Ltd with the Development and Set-Up of a Financial Sector Training Levy and Skills Development Fund.

In your email submission, certify a validity period of 60 days for the price provided and include your organization’s DUNS number if registered as a business. Limit file submissions to 10 megabytes or less.

  1. Proposal Composition: Proposals must include the following submission documents. The Technical Proposal and Cost Proposal must be prepared as separate files for independent evaluation as follows.

  2. Technical proposals must be submitted as a PowerPoint or PDF presentation in Times New Roman font.

  3. Cost proposals must be submitted in Excel format in Arial font.

Part 1: Technical Proposal

Technical proposals must be no more than ten (10) slides. The technical proposal must include the following three (3) sections: 

  1. Technical Approach. Offerors must detail their approach to fulfill the accompanying Scope of Work. The approach must clearly indicate how the proposed methodology and activities will result in the successful completion of all deliverables and milestones. The technical approach must also include a situational analysis of Rwanda’s financial sector and existing capacity building interventions with their relevant funding mechanisms.

  2. Organizational or Consultant Capacity. Offerors must provide details about their experience, expertise, and capacity to successfully undertake the proposed approach and complete the Scope of Work as described, including past performance information in similar contexts.

  3. Management Plan/Staffing Structure. Offerors must include details of personnel who will be assigned to the activities described in the technical approach, as well as a clear management plan in narrative form for the development, review, and submission of all associated deliverables, including a milestone schedule. Offerors are permitted to engage in partnering arrangements if it will aid in providing best value to USAID, regardless of whether organizations are based within or outside Rwanda. If a partnering arrangement is being proposed, please describe the nature of the arrangement, the specific technical value contributed by each member of the team, and the appropriate management controls to ensure successful delivery.

In addition to the requirements above, Offerors must include the following information within their presentations. 

  • One (1) to two (2) examples of past performance relevant to this activity and success achieved resulting from previous work undertaken (limited to one (1) slide/page per example).

  • CV(s) of any individuals proposed in the staffing plan to conduct this activity (limited to two (2) slides/pages per individual). Offerors must submit individuals with expertise and experience leading capacity building reforms for the financial sector.

Note: the cover slide will not be counted in the ten (10) slide/page total, should offerors choose to include one. No additional annexes or documentation are requested at the release of this RFP for the Offeror’s technical proposal.

 Part 2: Cost Proposal 

The contract type will be either a Fixed Price Contract or an Individual Consulting Agreement depending on whether a business or individual is selected.

The cost proposal must propose a fixed price including cost details for associated deliverables. Offerors must also include a cost breakdown of the daily rates for proposed personnel, any direct costs, indirect costs, and fees if applicable with a build-up to the total proposed price. Cost breakdowns included will be utilized to determine price reasonableness. Offerors must use the attached cost/budget template; limit file submissions to 10 megabytes or less.

Proposal Evaluation. DAI will use a best value determination for the award of this RFP. A best value determination means that, in DAI’s estimation, the selected offer will provide the greatest overall benefit to USAID in response to the requirements stated in this RFP. DAI may also exclude an offer from consideration if it determines that an Offeror is "not responsible,” i.e., the Offeror does not have the management, technical and financial capabilities necessary to perform the work required or should the Offeror not follow the requirements of this RFP. Proposals will be evaluated against a stated number of factors, including the overall proposed approach, past performance, specific qualifications in the identified sector, and other evidence substantiating the Offeror’s ability to deliver, including budget and timeframe considerations. Preference will be given to an Offeror with the previous financial sector and training experience in international financial centers/hubs. East Africa's experience is required (Rwanda preferred). International firms are encouraged to apply but localized knowledge and experience is a requirement.

  1. Technical Proposal. The Technical Proposal will be scored and evaluated separately from the cost proposal. Technical reviewers will evaluate offers on the following factors.

  2. Technical Approach (30 points). Points for this section will be awarded based on the information presented in the technical approach. Points will be awarded that best address the Scope of Work (SOW). Responses will be scored based on the Offeror’s response to the SOW which must demonstrate a clear, concise, and succinct understanding of the requirements for this specific activity, incorporating the Offeror’s competencies and past performance. Furthermore, the technical approach must clearly demonstrate the Offeror’s experience working with International Financial Centers/Hubs, particularly in skills training and/or capacity development initiatives.

  3. Institutional/Consultant Capacity and Past Performance (70 points). Points for this section will be based on information presented in the technical approach. Preference will be given to companies that have successfully completed assignments in similar contexts including but not limited to: similar services and/or relevant experience in supporting international financial service centers, strategy development, and capacity building for financial institutions.

  4. Cost Proposal. The cost proposal will be evaluated separately from the technical approach, with strict consideration for realism, price reasonableness, and allowability consistent with US government cost principles. Evaluation for this section will be dependent upon all information presented by the Offeror in their deliverable table, budget with cost breakdowns, and any relevant supporting cost information, as well as its alignment with the proposed technical approach.

 III. Offeror’s Agreement with Terms and Conditions. The completion of all RFP requirements must be in accordance with the instructions contained in this RFP. Submission to DAI on the technical and cost proposals will constitute an offer and indicates the Offeror’s agreement to the terms and conditions set forth in this RFP. DAI is not required to accept and/or evaluate proposals that do not conform to the instructions of this RFP and, in addition, DAI may reject all proposals and not make an award. DAI reserves the right to make an award without discussion and/or negotiation; however, DAI also reserves the right to conduct discussions and/or negotiations, which, among other things, may require an Offeror to revise its proposal (technical and/or cost). By submitting an offer, Offerors agree to comply with the general terms and conditions for an award, including Representations and Certification compliance. Offerors must provide full, accurate, and complete information in response to this solicitation. By submitting an offer, Offerors certify that they have not and will not attempt to bribe or make any payment to DAI employees in return for preference.

In addition, Offerors are strictly forbidden to contact Rwanda Finance Ltd during the preparation of their proposals. Offerors in violation of this requirement will be disqualified.

Issuance of this RFP in no way obligates DAI to render an award, nor does it commit DAI to pay any costs incurred by the Offeror to prepare and submit a proposal. DAI reserves the right to award a Fixed Price Purchase order to one organization or to issue multiple awards based on the results of our evaluation.  


USAID Nguriza Nshore Activity


Training Levy and Skills Development Fund


Rwanda strives to become an upper-middle income country by 2035 and achieve a high-income status by 2050. To reach these goals, the country’s leadership has identified several pathways, including the creation and positioning of Rwanda as a leading international financial center – termed “Kigali International Financial Center” (KIFC).

Rwanda Finance Ltd, an investment promotion agency operating under the Ministry of Finance and Economic Planning, leads the KIFC initiative. Rwanda Finance focus areas include: (1) establishing important legal/regulatory frameworks and tax incentives; (2) developing skills and capacity building strategy for the financial sector thereby enhancing financial sector outreach, performance, and profitability; and, (3) and marketing, promoting and positioning Rwanda as a leading investment destination. Priority industries include Fund and Trust services, Wealth Management, Capital Markets, and FinTech.

A key constraint limiting KIFC’s development is a lack of adequate skills necessary to support these functions. Key industry and government stakeholders unanimously identified the need for greater investment in skills, knowledge acquisition, and capacity building programs throughout the financial industry.

For KIFC to flourish, the financial industry must put in place institutional and legal frameworks for capacity building necessary to:

  • Foster and promote skills and workforce development in line with sector objectives.

  • Stimulate a culture of training and lifelong learning at the individual, organizational, and national levels to enhance the employability of the labor force and increase productivity.

  • Regulate and coordinate financial industry skills development and financing in line with evolving sector labor market needs.

  • Provide an operational framework for Public-Private Partnership skills development and financial sector finance/investment.

  • Define linkages and a collaboration framework between employers and training providers

The establishment of a Sector Training Levy and Skills Development Fund are linked to both Rwanda’s Visions 2020 and 2050 that promotes human resource development and the transformation of Rwanda into a knowledge-based economy.

Many international financial centers – such as Singapore, Kenya and Mauritius – have mandatory training levies to fund continuous learning and training programs. In these countries, training levies range from 0.25% to 1% of total organizational payroll or a percentage of each employee’s monthly remuneration subject to a pre-determined maximum amount. For example, in Kenya, employers must contribute one hundred Kenyan Shillings per employee. The training levy collected is deposited into a Fund. Rwanda seeks to identify the most appropriate structure best suited for the local ecosystem.

The training levy will underwrite the Skills and Development Fund that will be used to refund employers who invest in the training and development of their employees. Between 30% and 75% of the cost incurred could be reimbursed, subject to pre-determined conditions. The fund could also be used to support continuous learning programs, leading to a highly educated and professional financial services workforce. The fund, as in other locations, could be managed by a council of experts.

Rwanda has developed a legal framework for Skills Development Funds and established one leading key public-sector initiatives. There is a need to develop more private sector-led initiatives. It is upon this basis, that Rwanda Finance now seeks to identify the most appropriate strategy and framework best suited to operationalize a Training Levy and Skills Development Fund for the local financial sector ecosystem.

Scope of Work

Rwanda Nguriza Nshore seeks a company to support Rwanda Finance Ltd to develop a Financial Sector Training Levy and an associated Skills Development Fund necessary to upgrade overall workforce education/skills and to continuously position Kigali as a leading international financial center/hub.

Key activities will include:

Phase 1: Situational Analysis of the Rwandan Financial Services Industry

Although preliminary consultations have been held with several key stakeholders to discuss and outline the overall strategy, further due diligence and consultation must be undertaken to determine the design and operationalization of the initiative; secure buy-in throughout the industry and government; define a practical approach for the training levy and fund based on Rwandan conditions and priorities.

Illustrative activities include:

  • Review existing local training funds/mechanisms or initiatives to assess the effectiveness and identify gaps.

  • Conduct local stakeholder interviews to determine applicability and buy-in for the proposed training levy and fund.

  • Benchmark analysis of Rwanda against other international financial centers to identify gaps and determine the best practice approaches suitable to Rwanda.

 Deliverable #1: Inception report, including a baseline/situational analysis of the Rwandan financial services industry (approved by Rwanda Finance Ltd and Nguriza Nshore)

 Phase 2: Strategy Development

Following phase one completion, design a strategy to establish the training levy and fund, tailored to Rwandan financial industry needs and KIFC priorities. Illustrative activities include:

  • Identify the regulation to create the levy and fund.

  • Determine contribution parameters for the levy.

  • Develop the operational models for the levy and fund, including eligibility/participation requirements and governance/management structures.

  • Define collection and refund mechanisms – i.e. how levies are collected and reimbursed (amount and frequency) based on employers’ existing capacity to pay and the current tax regime.

  • Propose relevant training programs, structures, and potential providers suitable for the fund

  • Benchmark operational models against other financial centers: Singapore, Kenya, and Mauritius.

  • Based on the nature and potential contributors of the levy and set percentage, develop at least two scenarios of financial projections (for at least 5 years) to inform policy decision;

  • Provide cost-benefit analysis for having/not having the training levy in the financial industry.

 Deliverable#2: Strategy report- the establishment of the Training Levy and Skills Development Fund (approved by Rwanda Finance Ltd and Nguriza Nshore)

 Phase 3: Implementation Plan and Stakeholder Validation

  • Stakeholder validation: Conduct a validation workshop with key local stakeholders on the findings, strategy, and implementation plan.

  • Present the findings and the two scenarios detailing potential levy models to stakeholders for validation

  • Develop a work plan for Rwanda Finance Ltd and relevant key stakeholders to implement the strategy.

 Deliverable#3: Implementation plan

Deliverable#4: Stakeholder validation report

 Cost/Budget Template

 The Consulting firm or individual will have dual reporting channels: (1) Rwanda Finance Ltd and (2) Nguriza Nshore personnel (the technical team lead and the monitoring and evaluation director). The technical team lead will oversee contract implementation and quality control; while, the M&E director will oversee results reporting for USAID compliance.

  1. Cost/Budget Template

Item Number


Number of Days (LoE)

Price per Day

Unit Price

(in USD or RWF)

Total Price

(in USD or RWF)


Inception report- including baseline/situational analysis of the Rwandan financial services industry





Strategy report






Implementation plan






Stakeholder validation





Sub/Total (in USD or RWF)




VAT, taxes, etc. (in USD or RWF)







  • Insert the table above into an Excel Spreadsheet using Ariel font.

  • For each item number, indicate the proposed employee/consultant names.



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