Tenders/Training Service in Financial Education Program for PIAM Beneficiaries (UIPC QUITO)
Awarded🇪🇨EcuadorServices

Training Service in Financial Education Program for PIAM Beneficiaries (UIPC QUITO)

Auto-translated from Spanish
Original title: Servicio de capacitación en programa de educación financiera, dirigido a beneficiarios/as PIAM (UIPC QUITO)

About This Opportunity

Translated

This tender pertains to the provision of training services in a financial education program aimed at beneficiaries of the PIAM (Indigenous Peoples and Montubian Peoples) in Quito, Ecuador. The project is part of the broader initiative titled "Territorial Economic Empowerment for the Indigenous, Afro-Ecuadorians and Montubian Peoples and Nationalities (TEEIPAM)" and is funded by the IBRD under loan reference IBRD-91630. The procurement method utilized for this contract is the Request for Quotations (RFQ), with the reference number EC-IEPS-522992-NC-RFQ. The awarded contract, valued at USD 33,550, has a duration of 156 days. The successful bidder for this project is the Instituto Superior Tecnologico Consulting Group Ecuador, located in Quito, Pichincha. Several bids were submitted, but others were rejected due to non-compliance with the tender requirements. The tender emphasizes the importance of delivering effective financial education to enhance the economic empowerment of the targeted communities. This initiative is crucial for fostering financial literacy and supporting the socio-economic development of Indigenous and Afro-Ecuadorian populations in the region.

This is a services contract in the education and training, energy and power and finance and banking sectors, with a focus on Adult Education. Located in Ecuador, Latin America, this opportunity is open to firms and consortiums, with an estimated budget of USD 33,550.

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.

Description

Original language: Spanish
Project: Territorial Economic Empowerment for the Indigenous, Afro-Ecuadorians and Montubian Peoples and Nati

Contract Award

Project:P173283-Territorial Economic Empowerment for the Indigenous, Afro-Ecuadorians and Montubian Peoples and Nationalities (TEEIPAM)
Loan/Credit/TF Info:IBRD-91630
Bid/Contract Reference No:EC-IEPS-522992-NC-RFQ
Procurement Method:RFQ-Request for Quotations
Scope of Contract:Contratación del Servicio de Capacitación en Programa de Educación Financiera dirigido a beneficiarios/as PIAM - UIPC Quito
Notice Version No:0


Date Notification of Award Issued
(YYYY/MM/DD)
2025/11/24
Duration of Contract

156 Day(s)
Awarded Bidder(s):
INSTITUTO SUPERIOR TECNOLOGICO CONSULTING GROUP ECUADOR (1063265)
PICHINCHA / QUITO / IÑAQUITO / AV. 10 DE AGOSTO N35-108 Y IGNACIO SAN MARIA
Country: Ecuador
Bid Price at Opening
USD 33550.00

Evaluated Bid Price
USD 33550.00
Signed Contract price
USD 33550.00

Rejected Bidder(s):
SANTI & NARVAEZ CONSULTORES SANTINAR CIA.LTDA. (799565)
PICHINCHA / QUITO / IÑAQUITO / IGNACIO BOSSANO 732 Y 6 DE DICIEMBRE
Country: Ecuador
Bid Price at Opening
USD 35508.55

Evaluated Bid Price
USD 35508.55

Reason for Rejection
Non-compliance

AVEGA CONST S.A.S. B.I.C. (1063255)
COTOPAXI / PUJILI / GUANGAJE /
Country: Ecuador
Bid Price at Opening
USD 33673.50

Evaluated Bid Price
USD 33673.50

Reason for Rejection
Non-compliance

PAVONCONSULTORES S.A.S. (1063253)
PICHINCHA / QUITO / QUITO DISTRITO METROPOLITANO / JAIME ROLDOS AGUILERA Y SEPTIMA TRANSVERSAL
Country: Ecuador
Bid Price at Opening
USD 35650.00

Evaluated Bid Price
USD 35650.00

Reason for Rejection
Non-compliance

Data provenance

This notice is sourced from WB - World Bank and was originally published on February 23, 2026. Last refreshed 9 days ago. Reference: OP00428396. Original language: Spanish. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Territorial Economic Empowerment for the Indigenous, Afro-Ecuadorians and Montubian Peoples and Nati

Territorial Economic Empowerment for the Indigenous, Afro-Ecuadorians and Montubian Peoples and Nati has issued 40 procurement notices on BidsFactory, including 0 currently open and 40 awarded contracts. Activity concentrates in Energy & Power, Finance & Banking, and Education & Training. All notices are published for Ecuador. Notices are distributed via WB - World Bank. Most recent publication: June 9, 2026.

Frequently asked questions about this tender

How much was the contract awarded for?

INSTITUTO SUPERIOR TECNOLOGICO CONSULTING GROUP ECUADOR was awarded the contract for $33,550. 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 Ecuador. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit WB - World Bank to access the full notice, required documents, and submission instructions. Quote reference OP00428396 when communicating with the contracting authority.

Is this tender still open?

No — the contract has already been awarded to INSTITUTO SUPERIOR TECNOLOGICO CONSULTING GROUP ECUADOR. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by Territorial Economic Empowerment for the Indigenous, Afro-Ecuadorians and Montubian Peoples and Nati in Ecuador. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Education & Training sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

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Key Details

Estimated Budget
$33,550 - $33,550
Contract Type
Services
Eligibility
Firms / Consortiums
Language
Spanish
Reference
OP00428396

Source

w
world_bank
Official Source

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