Public procurement notice: Contract Award Notice
Published: 2024-10-30
Region: DEA22
Contract type: Services
Procedure: Negotiated with prior call for competition
CPV classification: 66000000
Estimated value:  EUR
Award criteria: price, quality

Technical requirements: According to Article 160, Section 3 of the German Act Against Restraint of Competition (GWB), application for review is not permissible insofar as
1. the applicant has identified the claimed infringement of the procurement rules before submitting the application for review and has not submitted a complaint to the contracting authority within a period of 10 calendar days; the expiry of the period pursuant to Article 134, Section 2 remains unaffected,
2. complaints of infringements of procurement rules that are evident in the tender notice are not submitted to the contracting authority at the latest by the expiry of the deadline for the application or by the deadline for the submission of bids, specified in the tender notice.
3. complaints of infringements of procurement rules that first become evident in the tender documents are not submitted to the contracting authority at the latest by the expiry of the deadline for application or by the deadline for the submission of bids,
4. more than 15 calendar days have expired since receipt of notification from the contracting authority that it is unwilling to redress the complaint.
Sentence 1 does not apply in the case of an application to determine the invalidity of the contract in accordance with Article 135, Section 1 (2). Article 134, Section 1, Sentence 2 remains unaffected.
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH was commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ) to implement the project "Private Sector Innovation" (PSI) in Egypt with the aim to improve the competitive situation of the Egyptian industry in light of increasing market requirements for a green transformation of the economy." As an output, the project aims to strategically align the financing portfolio of relevant financial system actors more strongly with a green transformation of Egyptian industry. Employees of financial system actors at all levels of the organization receive advisory and capacity development measures on selected topics in the placement of green financial products (e.g., adaptation of the criteria for granting green loans, development of marketing strategies). The selected financial system actors are advised on the development of strategic documents (e.g., sustainability strategies), more sustainable alignment of their structures (e.g., sustainability units) or the introduction of standards for recording and reporting emissions (e.g., Partnership for Carbon Accounting Financials (PCAF)).

As background, Egypt's financial systems hosts a diverse array of institutions, including banks, capital markets, and non-banking financial institutions, each playing a distinctive role in shaping the country's economic landscape. In recent years, the government has undertaken reforms aimed at enhancing transparency, improving regulatory frameworks, and attracting foreign investment to enhance the depth and efficiency of Egypt's financial markets. Financial institutions in Egypt are increasingly recognizing the importance of integrating green finance principles into their operations and investment strategies. In response to growing environmental concerns and international commitments to combat climate change, banks and other financial entities in Egypt are actively exploring ways to support sustainable development while mitigating environmental risks. Regulatory bodies have established monitoring and enforcement mechanisms to ensure compliance with green finance principles, fostering transparency and accountability across the financial sector. By implementing robust green finance regulations, Egypt aims to unlock new opportunities for investment in renewable energy, climate resilience, and sustainable infrastructure, while simultaneously addressing pressing environmental challenges and advancing its sustainable development agenda. 

The overall goal of this assignment is to support financial service providers (FSPs) in Egypt, including banking and non-banking financial institutions, for example banks, insurance companies, microfinance institutions, leasing companies, factoring companies, in their green economic transition and provide them with technical assistance support and trainings to finance green businesses. The target group of this assignment are primarily top and middle-level managements of FSPs (departmental, divisional level or key officials in charge of tasks related Sustainable Finance) as well as selected product and relationship managers and other key staff nominated by FSPs. The beneficiaries are Egyptian companies who are looking for investments to green their businesses. Those Egyptian companies shall receive financial commitments from FSPs as a result of the project efforts. In short, the initiative aims to enhance FSPs capacities in Egypt to provide finance for companies and their green transformation investments.
GIZ may optionally commission contract amendments and/or increases based on the criteria in the tender documents to the successful bidder of this tender. For details, please see the terms of reference.
Zur Ermittlung des wirtschaftlichsten Bieters wird hier von der Vergabestelle die erreichte Gesamtpunktzahl nach fachlicher Wertung eingetragen. Es werden nur Angebote mit einer fachlichen Bewertung von über 500 Punkten gewertet. Fachliche Angebote mit weniger Punkten scheiden als fachlich ungeeignet aus.
GIZ is looking for a tenderer to support the project in enhancing access to finance for green transformation measures. The tenderer will contribute to the project"s indicator: "30 companies have received a financing commitment from a relevant financial system actor for planned investments in green transformation measures." To reach this, the financing portfolio of relevant actors from the financial system needs to be strategically oriented towards a green transformation of the Egyptian industry.  

The specific aim of this tender is to support the implementation of five strategic or operational measures by relevant financial system actors to align the financing portfolio with a green transformation of the Egyptian industry. In the context of this project, strategic and operational measures to align the financing portfolio towards a green transformation of the Egyptian industry can include products, processes, strategies and structures of financial system actors, for example:  
- Demand-oriented alignment and adaptation of investment criteria for green financing products 
- Development of internal sustainability strategies in financial institutions 
- Development of structures that support the alignment towards sustainability (e.g. establishment of Sustainability Units) within financial systems actors 
- Introduction of standards on the accounting of carbon emissions (e.g. Partnership for Carbon Accounting Financials, PCAF) 

In the context of this assignment, we refer to Financial Service Providers (FSPs) as banking and non-banking financial institutions. 

The following work packages will be tendered:  

Work package 1: Project planning and inception phase 
 
. This work package  include the preparation and planning, the kick-off meeting, the development of a Monitoring and Results Framework to assess the effectiveness of the TA facility, trainings, change management, and matchmaking efforts. The Workpackage also includes an inception workshop after three months after the start of the project to present the findings of the capacity needs assessment and training concept outline as well as first thoughts on the design of the Technical Assistance. In addition to that, the implementation activities for the upcoming 6 months will be presented by the tenderer.

Work Package 2: Trainings to Financial services providers in sustainable finance 
This Work Package will focus on designing and conducting trainings for FSPs on Sustainable (green) Finance. The objective of the trainings is to equip them with the knowledge, skills, and tools necessary to integrate sustainable/ green finance factors into their decision-making, processes and product offerings. Trainings should be designed with varying complexity, and to meet different needs of different employees inside the FSPs (senior and middle management, sustainability department employees, risk management and credit officers, product development teams, relationship managers, etc.), Special focus will be given to those units in the FSP that are responsible for loan disbursement (relationship managers, credit risk officers, underwriters, etc.), having in mind the target of committing finance to 40 companies at the end of the project. This work package will include a capacity needs assessment and on the basis of this, the development of concept, curriculum and pedagogy of the FSP training as well as the training execution. 

Work Package 3: Technical Assistance of Financial Service Providers (FSP) 
This WP aims at providing technical assistance to 5-7 FSPs. A total of 5 strategic and operational measures will have to be implemented at the end of this WP.  The activities under this WP are planned to last for about 20 months after contract signature. Based on the capacity needs assessment and the insights and evaluation after the trainings in WP2, the technical assistance (TA) concept should be designed and 5-7 FSPs will be selected from the applications and onboarded for the TA intervention.  After engaging with leadership, the TA will be conducted. The interventions in this WP are aimed at contributing that the financing portfolio of relevant financial system actors is strategically more focused on a green transformation of Egyptian industry.
 
WP4- Change Management, communication, and leadership workshops 
 
This WP focused on class-room training of FSP employees from the 5-7 FSPs around change management, internal and external communication and leadership for sustainable finance. The training should be developed in line with the capacity needs of the FSP defined earlier. This WP can be in parallel with WP 3. The training sessions will target different functions and managerial levels in the FSPs around the areas of change management, communication and leadership. The tenderer is expected to propose a design, pedagogy and curriculum of a holistic and coherent change management and leadership training with two different sessions/modules for different functions and managerial levels (e.g. Department Heads - 2 day training, operational staff/teams - 3 day training). 

WP5- Sustainable Finance Matchmaking Initiative 
 
To facilitate that FSPs provide finance (i.e. loans, leasing, factoring, insurance) to 40 Egyptian companies for their green and sustainable investments, a matchmaking initiative should be set up. A key challenge often quoted by FSPs is the lack of a pipeline for green lending or investments. The matchmaking initiative will therefore bring the supply side and demand side of "green" & "sustainable" investments and lending together, by providing a pipeline of pre-screened companies that are bankable. The initiative will directly lead to commitments by FSPs to provide funding to 40 companies.


Winner: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
Award value: 998308
Number of bids: 10