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Blended Finance impact evaluation tool for Canada’s Innovative Finance Programs

Status Awarded

Contract number 7414793

Solicitation number 2020-7414703-1

Publication date

Contract award date

Contract value

CAD 441,480.00

    Description
    This contract was awarded to:
    Pricewaterhouse Coopers LLP

    DESCRIPTION:

    The Department of Foreign Affairs, Trade and Development (DFATD)’s Innovative and Climate Finance Bureau (MLD) is responsible for administering the Department’s two new five-year innovative finance pilot programs: the International Assistance Innovation Program (IAIP) and the Sovereign Loans Program (SLP). With a combined value of $1.59B, these two programs mark a significant shift in DFATD’s international development practice as they allow the Department to more systematically deploy new programming tools, including debt, guarantees, equity, and sovereign loans. Using these tools, MLD will focus on gender equality and innovation, as the programs look to build markets for the underserved while leveraging and aligning public and private capital. As MLD builds its capacity to manage and administer innovative finance projects at DFATD, it will seek to not only to derive lessons and build tools for itself, but to share publically whatever concepts and systems it creates, such that the entire innovative finance landscape can be made more effective.

    MLD will require the services of expert Consultants in creating an Impact System for DFATD’s Innovative Finance Programs that will inform investment decisions and monitor investments as part of a programmatic Monitoring, Evaluation and Learning Plan, as well as the monitoring and evaluation component of each discreet initiative.

    The Impact System will model or assess the impact of potential investments as well as measure the impact that an investment generates at various points in its lifecycle, to ensure that all projects funded using the IAIP/SLP are achieving the desired development impact. The System will operationalize the IAIP/SLP’s program-level theory of change into indicators, outputs, and outcomes and should build on the existing state of the art in innovative finance impact measurement. The department recognizes that there will be a need to ensure the quality of the data used to inform the assessments and measurements the system will make, and there will be a balance required between the robustness of that data, and costs and complexity of the requisite collection processes; striking a balance between rigour and simplicity will be important.

    The purpose of this notice is to invite formal costed proposals from eligible Consultants. Based on proposals received, one Consultant will be invited to negotiate a contract with DFATD for the provision of services. DFATD reserves the right to reject any or all proposals received. The amount allocated to this contract will not exceed four hundred and forty-two thousand, four hundred and forty-seven Canadian dollars ($442,447.00$CAD) excluding applicable taxes. The anticipated contract duration is two (2) years.

    WORKING LANGUAGE OF THE PROJECT

    The working language for this project is English.

    INSTRUCTIONS TO BIDDERS

    Proposals should be presented following the instructions provided in the Request for Proposals document to be obtained through the GETS on the Internet (https://buyandsell.gc.ca ). Please note, DFATD does not send out Request for Proposals directly to interested Bidders.

    In order to be considered, proposals must be completed and received no later than 14:00 hrs, Eastern Daylight Saving Time (EDT), on closing date, at the following address:

    Department of Foreign Affairs, Trade and Development

    Distribution and Mail Services – AAG

    Lester B. Pearson Building

    125 Sussex Drive

    Ottawa, Ontario

    Canada

    K1A 0G2

    Attention: Bid Receiving Unit – SGD

    Proposals submitted via facsimile will not be accepted.

    INQUIRIES

    Questions relating to this notice must be directed IN WRITING to:

    Nancy Levasseur, Contracting Officer, SGCP

    E-mail: nancy.levasseur@international.gc.ca

    Business address
    99 Bank Street, Suite 710
    Ottawa, Ontario, K1P 1E4
    Procurement method
    Competitive – Open Bidding
    Language(s)
    English
    ,
    French

    Contract duration

    Refer to the description above for full details.

    Commodity - GSIN

    • R019F - Consulting Services
    Contact information

    Contracting organization

    Organization
    Foreign Affairs, Trade And Development (Department Of)
    Address
    125 Sussex Dr
    Ottawa, Ontario, K1A0G2
    Canada
    Contracting authority
    Levasseur, Nancy
    Address
    125, promenade Sussex
    Ottawa, ON, K1A 0G2
    CA

    Buying organization(s)

    Organization
    Foreign Affairs, Trade And Development (Department Of)
    Address
    125 Sussex Dr
    Ottawa, Ontario, K1A0G2
    Canada
    Date modified: