Financial Management (APTC) - PFIP
Procurement Process
RFP - Request for proposal
Office
UNDP - FIJI
Deadline
21-Feb-19
Published on
07-Feb-19
Reference Number
53217
Overview
TERMS OF REFERENCE
Location | Suva, Fiji and home-based |
Application deadline | 21st February 2019 |
Type of Contract | Firm |
Title | Financial Management (APTC) - PFIP |
Languages required: | English |
Duration of Initial Contract: | 25 working days |
BACKGROUND
Background There has been unprecedented regional policy support and commitment to inculcate the region’s people with the knowledge, skills and habit of good personal financial management. These include:
Low-financial competency of low-income population In 2012 and 2013, financial competency surveys were undertaken by the PFIP in conjunction with 4 central banks (the Reserve Bank of Fiji, the Bank of Papua New Guinea, the Central Bank of Samoa and the Central Bank of the Solomon Islands, in collaboration with the national statistics offices in these countries. The survey examined the financial competency of low income households vis-à-vis the matrix of 13 core financial competencies identified across the Pacific and provided an important baseline against which progress in improving the financial behaviour of financial decision makers in low-income households can be measured. A principal finding of the survey is that low-income households in the Pacific do not demonstrate financially competent behavior.
The competency categories and scores are detailed in the table below:
Low levels of financial competency across the Pacific region expose low-income households to several significant risks:
The partner - Australia Pacific Training Coalition The Australia Pacific Training Coalition (APTC) is an Australian Government initiative, which was launched in August 2018 and is managed by TAFE Queensland with funding principally from the Department of Foreign Affairs and Trade. The Coalition was formerly, the Australian Pacific Technical College which began operations in 2007 as a provider of Australian-standard skills and qualifications relative to vocational careers, across 14 Pacific Island countries.
Over the years, APTC has been viewed as the premier provider of tertiary vocational education in the Pacific region. In addition to training for individuals, APTC offer employers customised training and consultancy services in targeted industry sectors to increase the productivity of their employees and the organisation.
APTC offers Australian qualifications from Certificate I to Diploma level training in various vocational areas across campuses in five countries – Fiji, Papua New Guinea, Samoa, Solomon Islands and Vanuatu. Courses are delivered by highly regarded and qualified trainers, and which results in an Australian-accredited qualification.
The APTC was rebranded to the Australia Pacific Training Coalition to reflect changes in its approach, which are designed to strengthen innovation in the delivery of training and increase engagement with the private sector. These enhancements are targeted at boosting employment outcomes, addressing skills shortages in the region and strengthening technical and vocational educational training systems in Pacific Island countries.
In addition to customised courses, APTC offers a range of skills-development based training in the fields of business, community service, education, engineering, fashion, hospitality and tourism and the built environment.
The Coalition is also responsible for preparing Pacific Islanders to leverage labour market opportunities in Australia, New Zealand, within the region and beyond.
Financial Education The activity covers the development of a Financial Education curriculum providing targeted and comprehensive Financial Education learning within selected training courses offered by APTC to as many students as possible in a sustainable manner. The curriculum will be responsive to areas of weakness in financial competencies at the regional level. The development of the curriculum will be followed by resource development, rigorous teacher training and review. The APTC will implement the pilot after a series of rigorous teacher training. A set of comprehensive assessment and impact tools will be designed in partnership with the APTC, to be administered and monitored during the piloting and implementation stages. Reporting will be required over the duration of the initiative. |
DUTIES AND RESPONSIBILITIES
Scope of work
The activity involves firstly, a stocktake of Financial Education across the teaching and learning materials within courses of learning identified by the APTC, at campuses in Fiji, Papua New Guinea, Samoa, Solomon Islands and Vanuatu.
The activity involves, secondly the development of a complete framework of learning outcomes together with the identification of the method and means of introduction. The learning outcomes must be worded in the appropriate language for introduction taking into consideration existing curriculum documents and be developed using a consultative approach. How such an initiative would be replicated/introduced beyond the selected courses of integration must also be considered when designing the framework of learning outcomes.
In order to prepare the detailed framework of learning outcomes for selected courses, the broad areas of review and assessment will include, but will not be limited to:
In undertaking framework design and development, the following must be seriously considered and appropriate strategies designed to enhance opportunities and to mitigate risks:
The third aspect of the activity is to develop an APTC-approved structured financial literacy training module for candidates for Labour Mobility to be delivered by APTC or their partners, prior to departure. This must be completed after a stocktake for Financial Education learning outcomes currently within pre-departure training for candidates for Labour Mobility. The stocktake will then feed into the design of the financial literacy training module. Where possible, the delivery of financial literacy training must consider technology available to candidates at the outset and during their placement under Labour Mobility schemes.
The successful bidder will consult with, but is not limited to, the following stakeholders (in person or via telecommunications):
Optimal consideration must be given to the teaching of financial literacy to female students and persons with disability, and to make lessons accessible and appropriate to female students and students with disability at all levels – without reinforcing traditional roles. The consultants will be also guided by cultural considerations, which can be understood through interactions with the APTC and other local stakeholders.
A multi-stakeholder meeting will be organized towards the end of the scoping to be held in Suva for the successful tenderer to present the final outputs and outcomes of the activities within the initiative. Such presentation may be made electronically.
Expected Outputs and Deliverables The following deliverables will be accomplished within the allocated timeframe:
Institutional Arrangements The successful bidder would report to the Regional Technical Specialist at PFIP, duration the term of the contract.
The successful bidder will provide their own work equipment, computers, computer programmes, printing, telephone and internet connectivity for this activity. When the consultant(s) is/are in Fiji, general work space will be provided at the PFIP offices. Meetings will be held at the APTC offices in Suva and will be arranged by PFIP.
Reporting has been referenced above.
Duration of the Work The suggested level of effort of the assignment will entail an estimated 25 working days of both Fiji-based and home-based work. These estimated working days are not necessarily consecutive. The estimated level of effort for this activity has been represented below.
The actual level of effort will be subject to periodic review by the Pacific Financial Inclusion Programme during the course of the activity.
Duty Station
|
COMPETENCIES
|
REQUIRED SKILLS AND EXPERIENCE
Educational Qualifications: This activity will require a team effort comprising a minimum of two specialists with relevant expertise in Financial Education curriculum development, teacher and student resources development, student assessment tools development, implementation and monitoring over the period of the assignment.
Additionally, at least one specialist must have strong strategic planning, programme development and project management experience. The successful bid will be expected to manage the scope of the programme with minimal project oversight.
Experience
Language requirements Fluency of the English language is required. Price Proposal and Schedule of Payments The bidders must send a financial proposal based on lump sum payment at the completion of the deliverables.
The total amount quoted shall be all-inclusive and include all costs components required to perform the deliverables identified in the TOR, including professional fee, travel costs, living allowance and any other applicable cost to be incurred by the successful bidder in completing the assignment. The contract price will be fixed output-based price regardless of extension of the herein specified duration.
Payments will be done upon completion of the deliverables/outputs and as per below percentages:
In general, UNDP shall not accept travel costs exceeding those of an economy class ticket. Should the consultants wish to travel on a higher class he/she should do so using their own resources
In the event of unforeseeable travel not anticipated in this TOR, payment of travel costs including tickets, lodging and terminal expenses should be agreed upon, between the respective business unit and the related consultant, prior to travel and will be reimbursed.
Evaluation Method and Criteria Bids will be evaluated based on cumulative analysis. The award of the contract shall be made to the bidder whose offer has been evaluated and determined as a) responsive/compliant/acceptable; and b) having received the highest score out of set of weighted technical criteria (70%). and financial criteria (30%). Financial score shall be computed as a ratio of the proposal being evaluated and the lowest priced proposal received by UNDP for the assignment.
Technical Criteria for Evaluation (Maximum 70 points)
Only candidates obtaining a minimum of 49 points (70% of the total technical points) would be considered for the Financial Evaluation.
Documentation required Interested bidders must submit the following documents/information to demonstrate their qualifications. Please group them into one (1) single PDF document as the application only allows to upload maximum one document:
Incomplete proposals may not be considered.
Annexes
|