Mid-Term Evaluation of two UNCDF Financial Inclusion Practice Area Programs in Asia – Shaping Inclusive Finance Transformation (SHIFT)

12 April - 2 May, 2018



The United Nations Capital Development Fund (UNCDF) is the UN’s capital investment agency for the world’s 48 Least Developed Countries (LDCs). UNCDF uses its capital mandate to help LDCs pursue inclusive growth. UNCDF uses "smart" Official Development Assistance (ODA) to unlock and leverage public and private domestic resources; it promotes financial inclusion, including through digital finance, as a key enabler of poverty reduction and inclusive growth; and it demonstrates how localizing finance outside the capital cities can accelerate growth in local economies, promote sustainable and climate resilient infrastructure development, and empower local communities. Using capital grants, loans, and credit enhancements, UNCDF tests financial models in inclusive finance and local development finance; ‘de-risks’ the local investment space; and proves concept, paving the way for larger and more risk-averse investors to come in and scale up.




In accordance with UNCDF’s Evaluation Plans for 2016-2017 and 2018 – 2021, and its broader Evaluation Policy, UNCDF’s Evaluation Unit is advertising this Request for Proposal to issue a service contract to conduct Mid-Term Evaluations of UNCDF’s SHIFT ASEAN and SHIFT SAARC programs.


Evaluation Objectives: 


  • To assist UNCDF and its partners understand the relevance, efficiency, effectiveness, and likely impact and sustainability of the programs/projects in the different regions (ASEAN/SAARC)/countries in which they are active;
  • To provide learning on how the programs are functioning in regards to Gender Equality and Human Rights, as well as validate the programs’ achievements (in qualitative and quantitative terms), and identify likely outcomes or risks for women’s economic empowerment;
  • To validate and/or refine the programs’ theory of change at this stage of implementation;
  • Situate the programs in their broader environment, compared to similar programs and other initiatives by other development partners;
  • Provide forward-looking operational and strategic recommendations that are realistic and practical;
  • To understand more broadly how successful are UNCDF’s partnerships with the private sector in achieving their broader program objectives.




  • Non-performance of a contract did not occur as a result of contractor default for the last three years;
  • No consistent history of court/arbitral award decisions against the Bidder for the last three years;
  • Minimum three years of relevant experience;
  • Minimum two contracts of similar value, nature and complexity implemented over the last three years;
  • Minimum average annual turnover of USD 750.000 for the last three years. Net income over the past two years should be equal or higher than the price proposal submitted and the current ratio should be at least 1.0 or higher;
  • Bidder must demonstrate the current soundness of its financial standing and indicate its prospective long-term profitability.



Please acknowledge receipt of this RFP by sending an email to Uncdf.procurement@uncdf.org indicating whether you intend to submit a Proposal or otherwise. You may also utilize the “Accept Invitation” function in e-Tendering system, where applicable. This will enable you to receive amendments or updates to the RFP. Should you require further clarifications, kindly communicate with the contact person/s identified in the attached Bid Data Sheet as the focal point for queries on this RFP.

Interested candidates should prepare their Proposal in accordance with the requirements and procedure as set out in this RFP and submit it by the Deadline for Submission of Proposals set out in Bid Data Sheet.

This RFP includes the following documents and the General Terms and Conditions of Contract which is inserted in the Bid Data Sheet (BDS):

  • Section 1: This Letter of Invitation;
  • Section 2: Instruction to Bidders;
  • Section 3: Bid Data Sheet (BDS);
  • Section 4: Evaluation Criteria;
  • Section 5: Terms of Reference;
  • Section 6: Returnable Bidding Forms:
    • Form A: Technical Proposal Submission Form;
    • Form B: Bidder Information Form;
    • Form C: Joint Venture/Consortium/Association Information Form;
    • Form D: Qualification Form;
    • Form E: Format of Technical Proposal;
    • Form F: Financial Proposal Submission Form;
    • Form G: Financial Proposal Form.

Original RFP

Return to the agenda overview