Download 15.02.2011 Call for expression of interest for development of the

CALL FOR EXPRESSIONS OF INTEREST (CVs)
(CONSULTANT SERVICES)
REPUBLIC OF MOLDOVA
Dutch Technical Assistance Grant for Financial Sector Reform Project
Sector:
General industry and trade sector
Grant No.
TF093288
Project ID Number:
TF093288
Expressions of interest:
FSRP/CS/IC – 22
This call for expressions of interest follows the General Procurement Notice for this project that appeared on-line
in dgMarket on November 27, 2008 and in UN Development Business on November 28, 2008, as well as published
on National Commission on Financial Markets web-site of free access.
The Republic of Moldova has received financing from the International Bank for Reconstruction and Development
toward the cost of implementation of the Financial Sector Reform Project (FSRP), and intends to apply part of the
proceeds for procurement of consulting services of a local consultant to provide support to the international
expert in developing the normative framework subordinated to the law on facultative pension. The main
objectives of the consultancy assignment are to provide support the international expert and (i) to assess and
provide international benchmarks on best experience and practices in the field of facultative pension funds
regulations and (ii) to develop the normative framework subordinated to the law on facultative pension funds.
During the implementation of the assignment, the Consultant is expected to provide support to the international
expert in developing the following normative acts:
1. Authorization on establishment of pension society and facultative pension fund;
2. Methodology for issuing, suspension and withdrawal of the license for administration of facultative
pension funds;
3. Regulation on merging, separation and liquidation of the administrator;
4. Prospect plan of the facultative pensions;
5. Regulation on special administration of the facultative pension funds (selection criteria, conditions to be
fulfilled by special administrator and attributions of the special administrator);
6. Rules on transfer of participants between pension funds;
7. Regulation on facultative pension funds’ marketing activity, including authorization of the marketing
agents;
8. Obligations and condition for pension fund’ depository operation;
9. Methodology for calculation of the net asset and fund’ unit value;
10. Profitability rates of the facultative pension funds;
11. Rules on technical provision and solvability margin;
12. Regulation on forms of investment and organization of the investment activity;
13. Regulation on evidence and circulation of the funds in the participants’ and in the facultative pension
fund’ accounts as well as pension payments;
14. Methodology on the content of the information in the facultative pension funds’ and administrator’
promotion materials;
15. Rules on pension funds’ reporting obligations;
16. Taxes for authorization, coordination and administration within facultative pension system;
17. Regulation on establishment and activity of the pension guarantee Fund;
18. Assist international Consultant to get in contact with all interested parties and entities in order to get input
for the assignment
The requirements for the individual Consultant are as follows:
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Academic background in law and / or economics;
Thorough knowledge and experience in the field of facultative pension funds;
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Experience in development of the legislative framework related to facultative pension funds, familiarity
with the legislative system of Moldova and other countries in the field of the assignment.
Minimum 3 years of experience of work in the field of non-banking financial markets;
Successful experience with donor-financed projects of similar nature.
Fluency in Moldovan and English;
Ability to establish priorities and work to meet deadlines.
The Project Implementation Unit of the World Bank Competitiveness Enhancement Project now invites
eligible individual local consultants (citizens of Moldova) to indicate their interest in providing the services.
Interested Consultants must provide information indicating that they are qualified to perform the services (copy of
the diploma, description of similar assignments, copy of the certificate(s) confirming attending of the trainings,
CV, etc.). This Call for Expression of Interest will lead to the preparation of a Short List of consultants. For
evaluation of the expressions of interest the following criteria will be applied:
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Academic background in law and / or economics (20 points);
Knowledge and experience in the field of non banking financial market, as well as experience in
development of the legislative framework (desirable in the field of the facultative pensions), familiarity
with the legislative system of Moldova and other countries in the field of the assignment (50 points);
Minimum 3 years of experience of work in the field of non-banking financial market (20 points);
Successful experience with donor-financed projects of similar nature (10 points).
A consultant will be selected in accordance with the procedures set out in the World Bank’s Guidelines: Selection
and Employment of Consultants by World Bank Borrowers, May 2004 revised October 2006.
The assignment will be implemented in the period from March – May 2011, and will be approximately 35 mandays in duration.
Interested consultants may obtain further information at the address below during office hours from 09:00 to17:00
hours (Chisinau time).
Expressions of interest must be delivered to the address below not later than March 01, 2011.
Project Implementation Unit of the World Bank Competitiveness Enhancement Project
Attn. Mr. Aureliu Casian, Executive Director,
180, Stefan cel Mare Ave., office 815, MD-2004, Chisinau, Republic of Moldova
Tel: + 373 22 296-723; Fax: + 373 22 296-724
E-mail: [email protected]
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