This Government Contract opportunity from Agency For International Development was posted on March 18, 2015. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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E-PESO

Awarded

SOL-492-14-000004Federal

Submission Closed03/18/2015, 12:00:00 AM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541990

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International

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RFP - Professional Conservation and Restoration of Juglaris Mural at Franklin Public Library

Solicitation # BD-27-1271-CPO00-CPO-134416

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CPO001 - Town of Franklin Purchasing Department

POSTED

1 day ago

DEADLINE

in 20 days

AI Contract Overview

The E-PESO initiative is a strategic project under the USAID/Philippines Cities Development Initiative and the U.S.-Philippines Partnership for Growth. It aims to transition the Philippines from a cash-dominant economy to a digital payment landscape to foster inclusive economic growth and strengthen financial infrastructure. This effort addresses significant gaps in financial inclusion, noting that a vast majority of payment transactions are cash-based and many municipalities lack access to formal banking services. The primary objectives of the program are to increase the transaction volume of large payment streams and promote the development of retail and market-level infrastructure. Additionally, the initiative focuses on improving the enabling environment for electronic payments by enhancing consumer protection and security measures while addressing systemic gaps within the broader e-payment ecosystem. Managed by USAID/Philippines, the project seeks to leverage digital innovation to accelerate the country's development goals and ensure sustainable economic gains.

General Info

Agency

Agency For International Development → Usaid/philippines

Contract Value

$12,860,989.37

NAICS

541990 - All Other Professional, Scientific, and Technical Services

Place of Performance

PHL

Set-Aside

NONE

Awardee

CHEMONICS INTERNATIONAL, INC.

Award Issued Date

03/18/2015, 12:00:00 AM UTC

Documents

No documents available

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AI Contract Breakdown

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Timeline

1 update

PhaseAwarded

PostedMar 28

Presolicitation

Notice updatedApr 11

The notice description changed.

AwardedMar 18

Contract was awarded

Submission Closed

03/18/2015, 12:00:00 AM UTC

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Organization & Contact Information

AgencyAgency For International Development → Usaid/philippines

Contacts2 people available

OfficeMANILA, PHL

Organization / AgencyAgency For International Development → Usaid/philippines

Office AddressMANILA, PHL

Contacts

Franco Joshua S. Calixto

contact@example.gov

Maychin Ho

contact@example.gov

Full Description

The Presidential Policy Directive on Global Development envisions capitalizing and bringing to scale game-changing innovation with the potential to solve long-standing development challenges. USAID/Philippines Cities Development Initiative (CDI) is a crucial component of the U.S.-Philippines Partnership for Growth (PFG), a bilateral engagement between the U.S. Government (USG) and the Government of the Philippines (GPH) whose aim is to shift the Philippines to a sustained, broad-based, more inclusive growth trajectory on par with other high-performing emerging economies in the region. USAID believes that electronic payments (ePayments) can transform development and facilitate access to economic opportunity that the PFG and CDI promise. A country's payment system facilitates trade and exchange. A well-functioning payment system strengthens a country's financial infrastructure to promote commercial activities. In expanding the range of payment options available within a country, ePayments can help stimulate local consumption by easing the flow of financial resources to a large portion of the population. In the Philippines, over 90% of payment transactions are still done in the medium of cash while only 26% of Filipinos enjoy access to formal financial channels. Six hundred ten (610) out of the 1,635 municipalities do not have banks, and as much as half of mobile users in the Philippines are unbanked. These statistics indicate a huge development dividend to shift retail payments from cash to electronic payment systems, which have the potential to help the Philippines reach development goals faster and make those gains sustainable. In line with Mission strategic objectives, E-PESO seeks to accelerate the shift to digital payments by facilitating the critical mass of both the supply and demand-side users of the retail e-payment (electronic payment) system. E-PESO seeks to: 1. Drive transaction volume of large payment streams; 2. Promote retail and market-level infrastructure; 3. Improve the enabling environment for e-payments, promote consumer protection and security measures; and, 4. Address gaps in the broader e-payment ecosystem.

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