Training Service in Financial Education Program Phase 2 for PIAM Beneficiaries (UIP Portoviejo)

This tender pertains to the provision of training services in a financial education program, specifically Phase 2, aimed at beneficiaries of the PIAM (Indigenous Peoples and Montubian Peoples) in Portoviejo, Ecuador. The project is part of the broader initiative titled "Territorial Economic Empowerment for the Indigenous, Afro-Ecuadorians and Montubian Peoples and Nationalities (TEEIPAM)" under the IBRD-91630 loan. The procurement method utilized for this contract is Direct Selection, with the reference number EC-IEPS-515830-NC-DIR. The awarded contract has a duration of 150 days, with the contract award notification issued on November 1, 2025. The successful bidder for this contract is the Cooperative of Advisory and Business Development Services Colombian Ecuadorian (COOPSADECOLECU), located at Azuay 357 and Av. Republica, Quito. The bid price at the opening was USD 59,570.00, which matches the evaluated bid price and the signed contract price. This project is crucial for enhancing the financial literacy and economic empowerment of the targeted communities, contributing to their overall development and sustainability.

This is a services contract in the education and training, energy and power and transport and logistics sectors, with a focus on Vocational Training, Adult Education and Education Policy. Located in Ecuador, Latin America, this opportunity is open to firms and consortiums, with an estimated budget of USD 59,570.

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 services in the education and training sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.