Tenders/Procurement of equipment for incubation centre
Awarded🇲🇼MalawiSupplies

Procurement of equipment for incubation centre

Published: Feb 27, 2026
Updated: Jun 14, 2026
Source: world_bank

This tender has been awarded

Awarded to RAYS INVESTMENT — $100,609,130

Browse open Finance & Banking tenders in Malawi

About This Opportunity

Contract Award | Project: Skills for A Vibrant Economy Project | Method: Request for Quotations | Ref: MW-MUBAS-523669-GO-RFQ.

This is a supplies contract in the finance and banking and trade and industry sectors, with a focus on Investment. Located in Malawi, Africa, this opportunity is open to firms and consortiums, with an estimated budget of USD 100.6 million.

Published through WB - World Bank, a multilateral development bank that follows standardized international procurement guidelines. Projects funded by multilateral institutions are generally open to international bidders from eligible member countries for the supply of goods in the finance and banking sector. Supply contracts typically require bidders to demonstrate product compliance with technical specifications, delivery capacity, and relevant certifications. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

Description

Project: Skills for A Vibrant Economy Project

Contract Award

Project:P172627-Skills for A Vibrant Economy Project
Loan/Credit/TF Info:IDA-D8220
Bid/Contract Reference No:MW-MUBAS-523669-GO-RFQ.
Procurement Method:RFQ-Request for Quotations
Scope of Contract:Procurement of equipment for incubation centre
Notice Version No:0


Date Notification of Award Issued
(YYYY/MM/DD)
2025/11/11
Duration of Contract

9 Month(s)
Awarded Bidder(s):
RAYS INVESTMENT (1056356)
Blantyre
Country: Malawi
Bid Price at Opening
MWK 100609130.00

Evaluated Bid Price
MWK 100609130.00
Signed Contract price
MWK 100609130.00

Rejected Bidder(s):
CMOS ELECTRONICS (1056357)
Private Bag 12 Blantyre
Country: Malawi
Bid Price at Opening
MWK 337977000.00

Evaluated Bid Price
MWK 337977000.00

Reason for Rejection
Non Responsive

S.J. SUPPLIES (1056342)
Post Office Box 229, Blantyre
Country: Malawi
Bid Price at Opening
MWK 757287500.00

Evaluated Bid Price
MWK 757287500.00

Reason for Rejection
Non Responsive

Data provenance

This notice is sourced from WB - World Bank and was originally published on February 27, 2026. Last refreshed 114 days ago. Reference: OP00429388. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Skills for A Vibrant Economy Project

Skills for A Vibrant Economy Project has issued 54 procurement notices on BidsFactory, including 0 currently open and 53 awarded contracts. Activity concentrates in Finance & Banking, Transport & Logistics, and Information & Communication Technology. All notices are published for Malawi. Notices are distributed via WB - World Bank. Most recent publication: September 15, 2026.

Frequently asked questions about this tender

How can I submit a bid?

Visit WB - World Bank to access the full notice, required documents, and submission instructions. Quote reference OP00429388 when communicating with the contracting authority.

Is this tender still open?

No — the contract has already been awarded to RAYS INVESTMENT. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by Skills for A Vibrant Economy Project in Malawi. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Supplies contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

How much was the contract awarded for?

RAYS INVESTMENT was awarded the contract for $100,609,130. The figure reflects the value disclosed by the contracting authority in the award notice.

Where will the contract be performed?

The contract is for delivery in Malawi. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

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Key Details

Estimated Budget
$100,609,130 - $100,609,130
Contract Type
Supplies
Eligibility
Firms / Consortiums
Language
English
Reference
OP00429388

Source

w
world_bank
Official Source

Contracting Authority

Skills for A Vibrant Economy Project
🇲🇼Malawi
Project: P172627

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