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ocds-h6vhtk-059367 · planningUpdate

Transforming Financial Services in Bangladesh (Technical Assistance)

Foreign, Commonwealth and Development Office

Estimated Value

Up to £7,500,000

Deadline

13 February 2026

Published

23 October 2025

Type

Not specified

GBopen

Full Description

FCDO are planning to procure a Technical Assistance contract for a five-year financial sector development programme in Bangladesh. The contract would require the supplier to provide expertise to the central bank, government and other related regulatory authorities. The contract will pursue outcomes in the following areas:

  • Organisational transformation of the central bank
  • Financial infrastructure development, including for financial inclusion (e.g. payment systems, regulatory technology, credit information, open banking etc)
  • New and reformed regulatory and legal frameworks and institutions for financial services (e.g. bankruptcy code)
  • Financial ecosystem development (e.g. accredited professionals, standards)

The route to market for this procurement opportunity is now finalised and will be through FCDO’s existing Global Development Delivery (GDD) Framework, Lot No.4, which will be governed under PCR 2015 regulations. The communication channel against pqq_1945 (https://fcdo.bravosolution.co.uk/go/313053680199E13227C4) will be closed w.e.f. 28/11/2025. All future engagement with the Framework Suppliers until publication of ITT for this Tender will be through the existing Lot No.4 communication channel, which is available only to the existing Lot 4 suppliers.

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Likely incumbents

Suppliers who won similar work from this buyer in the last 5 years.

5 found
  1. 1

    PALLADIUM INTERNATIONAL LIMITED

    4 contracts wonlatest 20 Oct 2025ends 31 Oct 2029CH 02394229

    £37m

    total awarded

  2. 2

    UCL Consultants LTD

    3 contracts wonlatest 1 Oct 2026ends 11 Sept 2029CH 03332258

    £2m

    total awarded

  3. 3

    Confidence Trade Ltd (CTL)

    3 contracts wonlatest 5 Mar 2026ends 9 Sept 2026

    £574,674

    total awarded

  4. 4

    Red Snapper Managed Services Ltd

    3 contracts wonlatest 9 Feb 2026ends 31 Mar 2029CH 11348857

    £25m

    total awarded

  5. 5

    Knight Frank LLP

    3 contracts wonlatest 13 Nov 2025

    £150,000

    total awarded

PALLADIUM INTERNATIONAL LIMITED is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.

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SponsoredEst. 2010
Gladstone & Co AccountantsTax advisers · East Ham, London

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Buyer Profile

Foreign, Commonwealth and Development Office
Typepublic body
RegionUKI32
Total tenders567
Total spend£4,795,106,955
View buyer profile

Key Dates

Published

23 October 2025

Submission deadline

13 February 2026

Notice type

planningUpdate

Source

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