Public Finance Resource Centre (PFRC)

  • Foreign Commonwealth and Development Office

F14: Notice for changes or additional information

Notice identifier: 2023/S 000-011619

Procurement identifier (OCID): ocds-h6vhtk-03b7d7

Published 24 April 2023, 10:32am



Section one: Contracting authority/entity

one.1) Name and addresses

Foreign Commonwealth and Development Office

King Charles Street

London

SW1A 2AH

Email

graham.wray@fcdo.gov.uk

Telephone

+44 2070080932

Country

United Kingdom

Region code

UK - United Kingdom

Internet address(es)

Main address

www.gov.uk/fcdo/

Buyer's address

https://fcdo.bravosolution.co.uk/


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Public Finance Resource Centre (PFRC)

Reference number

301055

two.1.2) Main CPV code

  • 75211200 - Foreign economic-aid-related services

two.1.3) Type of contract

Services

two.1.4) Short description

FCDO pursues our national interests and projects the UK as a force for good in the world. We promote the interests of British citizens, safeguard the UK’s security, defend our values, reduce poverty and tackle global challenges with our international partners.  

Against a backdrop of continued slow growth, capital market uncertainty, and worsening debt positions for many developing countries, the International Finance Division’s (IFD) objective is to support countries on the path to sustainable financing; breaking the cycles of unsustainable debt and need for debt relief and developing green and resilient capital markets.  

We will do this by supporting countries to improve revenue mobilisation and strengthening responsible private sector and international financing. We also seek a step change in the way public finances are transparently managed and accounted for - from debt management to expenditure and procurement, through to greater financial preparedness for major disasters. 

In support of this objective the Public Finance and Tax Department (PFTD) within IFD is establishing a UK Centre of Expertise for Public Finance to help partner countries access technical expertise as part of HMG’s broader offer to developing countries. The Centre will provide access to world class peer-to-peer support, such as from HMRC, frontier learning from globally recognised UK institutions, and from local suppliers.  

A new advisory offer, the Public Finance Resource Centre (PFRC) has been developed as part of this Centre of Expertise. The Resource Centre is intended to mobilise flexible technical assistance more quickly than is currently available, responding to clear demand for such support from partner countries.

FCDO are seeking to procure a service provider to manage the delivery arm of the new Public Finance Resource Centre (PFRC). The Resource Centre will support countries to become self-sufficient - shaping open and resilient economies and societies. It will do this by responding quickly and flexibly to windows of opportunity, identified by FCDO, to address key barriers to revenue mobilisation, transparent Public Financial Management (PFM), tax, macro-fiscal and debt management, where current delivery models struggle to respond in a timely way.


Section six. Complementary information

six.6) Original notice reference

Notice number: 2023/S 000-009508


Section seven. Changes

seven.1.2) Text to be corrected in the original notice

Section number

iv.2.2

Instead of
Date

12 May 2023

Local time

2:00pm

Read
Date

26 May 2023

Local time

12:00pm