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

This notice pertains to a contract award for a financial education program training service, specifically targeting beneficiaries of the PIAM (Indigenous, Afro-Ecuadorian, and Montubian Peoples and Nationalities) program within the UIPC Quito unit. The project, "Territorial Economic Empowerment for the Indigenous, Afro-Ecuadorians and Montubian Peoples and Nationalities (TEEIPAM)", funded by an IBRD loan (Loan/Credit/TF Info: IBRD-91630), procured this service through a Request for Quotations (RFQ) method under reference EC-IEPS-522992-NC-RFQ. The contract was awarded to INSTITUTO SUPERIOR TECNOLOGICO CONSULTING GROUP ECUADOR for a duration of 156 days. The awarded contract price stands at USD 33,550.00, which was also the bid price at opening and the evaluated bid price. The notification of award was issued on November 20, 2025. Several bidders were rejected for non-compliance, including SANTI & NARVAEZ CONSULTORES SANTINAR CIA.LTDA., AVEGA CONST S.A.S. B.I.C., and PAVONCONSULTORES S.A.S. The training service will be delivered in Quito, Ecuador, aiming to enhance the financial literacy and management skills of the designated beneficiaries within the framework of the broader TEEIPAM project, which focuses on territorial economic empowerment for indigenous and Afro-Ecuadorian communities.

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.