Procurement Notices

Terms of Reference (TOR) for Foreign Direct Investment (FDI) Statistics expert

A.Office/Unit/Project Description 

Saudi Arabia has realized and sustained, for the last four decades, remarkable progress along the socio-economic development path. As a result of this, the Kingdom has been able to move to a high-income country. The GDP, for instance, increased from SR 156 billion in 1969 to SR 2,631 billion in 2018, putting the economy among the top 20 global economies in terms of size. Based on the annual ranking of the Human Development Index (HDI) of the Human Development Report, Saudi Arabia has steadily moved from the medium human development category in the 1990s to the very high human development category in 2018 at 0.857 value of HDI.

The Saudi Vision 2030 represents an ambitious resolve with long-term goals and expectations founded on the strengths and capabilities of the Kingdom. It covers three themes: a) a vibrant society, b) a thriving economy and c) an ambitious nation. A thorough review of the three themes and their underlying issues of national concern would reveal a holistic approach to development that encompasses the three dimensions of Sustainable Development Goals (SDGs): the social, the economic and the environmental. Saudi Arabia recognizes that achieving the SDGs requires rigorous, real-time and continuous monitoring, for which quality statistics is a must. The General Authority for Statistics (GaStat) has gone through a major revision of its corporate strategy and vision in alignment with the Saudi Vision 2030 and the SDGs. The revised strategy revolves around five pillars:

• Usage of statistics and information
• Production of statistics and information
• Application of advanced technologies in collecting and analyzing datasets
  • Communication and awareness towards statistical knowledge
  • Governance of the statistical sector

Under the framework of the Institutional Support to Statistics project, UNDP provides technical support to the GASTAT to strengthen the institutional and human capacities of the national statistical system to support evidence-based development planning and policy-making.

Within this context, UNDP is seeking to recruit an FDI statistics expert to provide technical and advisory support to GaStat in producing indicators and statistical time series essential for the analysis  of trades, investments, financial resources and debts.

B.Scope of Work

The FDI Statistics Expert will provide technical assistance related producing indicators and statistical time series essential for the analysis of national and international Investment and trade, economic trends, foreign direct investment Inward and Outward, external debts, external financial resources.

The FDI Statistics Expert will also implement capacity strengthening activities, including training and mentoring, for GASTAT staff. He/ She will work under the supervision of GASTAT administration. Specifically, the responsibilities under this assignment include the following: 

1. Technical  support:
   • Apply the latest methodology of IMF/BPM6 to compile data in stock and flow of FDI for the needs of balance of payments (CDIS) and International Investment Position (IIP). In addition to the data of the Coordinated Direct Investment Survey (CDIS).
   • Review and present the current status of the FDI data in Saudi Arabia in order to be the sole provider of FDI Statistics in the country,
   • Harmonize country statistics in accordance with internationally accepted definitions at all levels: national, regional and global.
   • Design FDI Statistics Database platform model, support the implementation, and advise on the application of methodologies to data analysis, and working closely with I.T team in GASTAT;
   • Determining the adequate size for the sample considering the financial resources, timeframe and the objectives of the survey; Designing methods for calculating weights for survey data and estimating sampling errors;
   • Prepare descriptions and complete documentation of methodologies and procedures to produce data on FDI
   • Compile, processes and manipulate data sets derived from a variety of sources such as financial surveys and financial statements analysis.
   • Assemble and examine original statistical material to ensure accuracy, clarity and validity; makes appropriate adjustments.
   • Update statistical series in established formats. Applies new data and derived statistics, enters data on survey reports, and provides information for publications on Foreign Direct Investment (FDI) and transnational corporation (TNC) activities.
   • Prepare charts, graphs and other outputs for reporting and presentation of various data.
   • Maintain relevant computerized databases on FDI, TNCs and on related economic data, and inputs such data into the respective database for capacity-building in investment for development purposes.
   • Respond to internal/external requests on questions related to FDI statistics and the operations TNCs).
   • Assist in liaising with other entities to obtain necessary statistical and other relevant information.
   • Prepare data sets upon request, respond to queries/requests and maintains/updates web pages.
   • Perform any other relevant tasks requested by the supervisor.

1. Capacity Development

oIn addition to delivering the abovementioned technical support, the FDI Statistics Expert will advise GASTAT on principles and best practice in relation to FDI Statistics methodologies and frameworks.

oDelivering training to GASTAT staff in calculating FDI and maintaining FDI databases

oProviding coaching and on-the-job-training for the GASTAT staff as needed

C.Expected Deliverables and Outputs

D.Institutional Arrangement

• The FDI expert will report to the Director of Invesmtent Statistics as well as report monthly to the UNDP Programme Analyst.
• The expert will be given access to relevant information necessary for execution of the tasks under this assignment.

E.Duration of the Work

• The expected duration of the assignment is expected to be 12 months with the possibility of extension.

F.Duty Station

The duty station for the FDIS expert is GASTAT offices in Riyadh, Saudi Arabia.

• This assignment will be based in Riyadh, Saudi Arabia
• UNDP will cover the around ticket to/from the duty station. 
• If unforeseen travel outside the consultant’s duty station city is requested by UNDP and not required by the Terms of References (ToR), such travel shall be covered by UNDP in line with applicable rules and regulations and upon prior written agreement. In such cases, the consultant shall receive living allowances not exceeding the United Nations (UN) Daily Subsistence Allowance (DSA) rate for such other location(s).

• Note: A written approval from UNDP and relevant authorities will be required to facilitate the consultant's travel to any locations than stated on this TOR on official missions where necessary.

Working Arrangements:

• All mission travels must be approved in advance and in writing by the Supervisor.
• United Nations Development of Safe and Security – BSAFE course must be successfully completed prior to the commencement of travel.
• The Consultant is responsible for ensuring they have vaccinations/inoculations when travelling to certain countries, as designated by the UN Medical Director.
• The consultant is also required to comply with the UN security directives.
• The consultant is responsible for obtaining any visas needed in connection with travel with the necessary support from UNDP.
• The consultant will be responsible for submitting his/her own mission travel arrangements in line with UNDP travel policies.
• The consultant is responsible for required health and life insurance related to work or travel.
• The consultant is expected to have his/her own Laptop/Computer.

G. Qualifications

Min. Academic Education

• Master’s degree in statistics or economics with an emphasis on FDI or other related fields.

Min. years of relevant Work experience

• At least 8 years of relevant professional experience with national statistics offices, international organisation, or government in applying statistical theories and techniques.
• Ability to provide statistical technical advice on different sectors/theme.
• Knowledge & experience of working with constituents in the Arab States, particularly in the Gulf Cooperation Council (GCC).

Competencies

• Ability to work on own initiative and as a member of a team and work under pressure.
• Excellent interpersonal skills, including the ability to establish strong cooperative relationships with senior government officials.
• Good understanding and practice of capacity development.
• Demonstrates integrity and fairness by modelling UN values and ethical standards.
• Demonstrates professional competence and is conscientious and efficient in meeting commitments, observing deadlines and achieving results.
• Display cultural, gender, religious and age sensitivity and adaptability..
• Demonstrated ability for facilitation and coordination skills.
• Demonstrated entrepreneurial abilities and demonstrated ability to work in an independent manner.
• Background knowledge about the SDGs, United Nations and UNDP.
• Good teamwork and interpersonal skills.
• Flexibility and ability to handle multiple tasks and work under pressure. 
• Excellent drafting and formulation skills.
• Excellent computer skills especially Word, Excel, and PowerPoint. 
• Excellent negotiating and networking skills with strong partnerships in academia, technical organizations and as a recognized expert in the practice area.

1. Required Language:

• Excellent written, verbal, and interpersonal communication skills in the English language.

H.Scope of Price Proposal and Schedule of Payments:

All proposals must be expressed in a lump sum amount. This amount must be “all-inclusive”. Please note that the terms “all-inclusive” implies that all costs (professional fees, living allowances, communications, consumables, etc.) that could possibly be incurred are already factored into the final amounts submitted in the proposal.

Payments shall be made to the individual contractor upon successful completion and certification by UNDP that services have been satisfactorily performed, based upon the actual number of working days and accomplishments of each deliverable.

Payment shall be made as a deliverables-based lump upon the receipt of the deliverables and certification of satisfactory performance by UNDP.

The Expert will share a Certificate of Payment (CoP) where he/he needs to indicate achieved outputs. Then the certificate of payment must be verified by the UNDP Team and certified by UNDP top management. The Expert is advised to keep a detailed timesheet of the days worked and tasks performed throughout the consultancy assignment. A bi-weekly update of the timesheet will be requested, and such documentation will support the payment process as deemed needful.

Technical Criteria for Evaluation (Maximum 70 points)

Only candidates obtaining a minimum of 70% of the points would be considered for the Financial Evaluation

I.Recommended Presentation of Offer

For purposes of generating Offers whose contents are uniformly presented and to facilitate their comparative analysis, it is best to recommend the preferred contents and presentation of the offer to be submitted, as well as the format/sequencing of their presentation. The following documents may be requested:

1. Duly accomplished Letter of Confirmation of Interest and Availability using the template provided by UNDP;
2. Personal CV or P11, indicating all past experience from similar projects, as well as the contact details (email and telephone number) of the candidate and at least three (3) professional references.
3. Financial Proposal that indicates the all-inclusive fixed total contract price, supported by a breakdown of costs, as per the template provided. If an Offeror is employed by an organization/company/institution, and he/she expects his/her employer to charge a management fee in the process of releasing him/her to UNDP under a Reimbursable Loan Agreement (RLA), the Offeror must indicate at this point and ensure that all such costs are duly incorporated in the financial proposal submitted to UNDP. 

J.Criteria for Selection of the Best Offer

Applicants are shortlisted based on the Required Skills and Experience stated in the TOR.

The selection of the best offer from the shortlisted candidates will be based on a Combined Scoring method – where the qualifications and methodology will be weighted a max. of 70% and combined with the price offer, which will be weighted a max of 30%.

Individual consultants will be evaluated based on the following methodology:

Step I: Screening and Desk Review

Technical Criteria (CV review and Desk Review/Interview optional) – maximum 70 points. Only candidates who obtained at least 70% of points from the CV desk review (who will score at least 49 points) will be considered for the next evaluation stage, i.e., financial evaluation.

Applications will be first screened, and only candidates meeting the following minimum criteria will progress to the pool for shortlisting:

Technical Evaluation (70 Points, 70% weight)

K.The following documents shall be required from the applicants:

1. Personal CV or P11, indicating all past positions held and their main underlying functions, their durations (month/year), the qualifications, as well as the contact details (email and telephone number) of the Candidate, and at least three (3) the most recent professional references of previous supervisors. References may also include peers.
2. A cover letter (maximum length: 1 page) indicating why the candidate considers him-/herself to be suitable for the position.
3. The Professional Certificates mentioned above, as applicable.