Tenders/Banking Meetings Service for PIAM Beneficiaries (UIP Ibarra)
Awarded🇪🇨EcuadorServices

Banking Meetings Service for PIAM Beneficiaries (UIP Ibarra)

Auto-translated from Spanish
Original title: Servicio de Encuentros de Bancarización, dirigido a beneficiarios/as PIAM (UIP Ibarra)

About This Opportunity

Translated

This tender pertains to the project titled "Territorial Economic Empowerment for the Indigenous, Afro-Ecuadorians and Montubian Peoples and Nationalities (TEEIPAM)" under the reference number EC-IEPS-528037-NC-RFQ. The procurement method utilized for this contract is a Request for Quotations (RFQ). The scope of the contract involves providing banking meeting services specifically aimed at beneficiaries of the PIAM program in Ibarra, Ecuador. The contract has been awarded to the CORPORACIÓN CIVIL RED DE INSTITUCIONES FINANCIERAS DE DESARROLLO - RFD, located at Pasaje El Jardín E10-06 and Av. Seis de Diciembre, Edificio Century Plaza, with a total contract price of USD 43,388.00. The duration of the contract is set for 8 months, with the notification of the award issued on December 26, 2025. Several bidders were evaluated, and the following were rejected due to non-compliance: CONSORCIO IGSI - AVEGA PARA CAPACITACION Y DESARROLLO, FUFFID - FUNDACIÓN FUTURO FAMILIA INCLUSIÓN Y DESARROLLO, COMPAÑÍA FORMACIÓN DE CAPACITACIÓN EMPRESARIAL FECAEE S.A., and FUNDACIÓN EDUCATIVA MONS. CANDIDO RADA - FUNDER. The tender is significant for enhancing financial inclusion among vulnerable communities in Ecuador.

This is a services contract in the education and training and gender and inclusion sectors, with a focus on Indigenous. Located in Ecuador, Latin America, this opportunity is open to firms and consortiums.

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-528037-NC-RFQ
Procurement Method:RFQ-Request for Quotations
Scope of Contract:“Servicio de Encuentros de Bancarización, dirigido a beneficiarios/as PIAM (UIP Ibarra)”
Notice Version No:0


Date Notification of Award Issued
(YYYY/MM/DD)
2025/12/26
Duration of Contract

8 Month(s)
Awarded Bidder(s):
CORPORACIÓN CIVIL RED DE INSTITUCIONES FINANCIERAS DE DESARROLLO - RFD (1045230)
PASAJE EL JARDIN E10-06 Y AV. SEIS DE DICIEMBRE, EDIFICIO CENTURY PLAZA
Country: Ecuador
Bid Price at Opening
USD 43388.00

Evaluated Bid Price
USD 43388.00
Signed Contract price
USD 43388.00

Rejected Bidder(s):
CONSORCIO IGSI - AVEGA PARA CAPACITACION Y DESARROLLO (1052989)
Calle Los Higos y Mangostinos, Sector Ficoa Ambato
Country: Ecuador
Bid Price at Opening
USD 43700.00

Evaluated Bid Price
USD 43700.00

Reason for Rejection
Non-compliance

FUFFID- FUNDACIÓN FUTURO FAMILIA INCLUSIÓN Y DESARROLLO (1052984)
Sánchez y Cifuentes 26-74 y Hernán González De Saa, Ibarra
Country: Ecuador
Bid Price at Opening
USD 41250.00

Evaluated Bid Price
USD 41250.00

Reason for Rejection
Non-compliance

COMPAÑÍA FORMACIÓN DE CAPACITACIÓN EMPRESARIAL FECAEE S.A. (1053315)
Av. Tsachila, edificio FECAE piso 3
Country: Ecuador
Bid Price at Opening
USD 39375.00

Evaluated Bid Price
USD 39375.00

Reason for Rejection
Non-compliance

FUNDACIÓN EDUCATIVA MONS. CANDIDO RADA - FUNDER (986531)
Quito - Ecuador
Country: Ecuador
Bid Price at Opening
USD 43750.00

Evaluated Bid Price
USD 43750.00

Reason for Rejection
Non-compliance

COOPERATIVA DE SERVICIOS ASESORAMIENTO Y DESARROLLO EMPRESARIAL COLOMBO ECUATORIANA COOPSADECOLECU (1045287)
AZUAY 357 Y AV. REPUBLICA, QUITO
Country: Ecuador
Bid Price at Opening
USD 41500.00

Evaluated Bid Price
USD 41500.00

Reason for Rejection
Non-compliance

Data provenance

This notice is sourced from WB - World Bank and was originally published on January 19, 2026. Last refreshed 5 days ago. Reference: OP00421466. 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 can I submit a bid?

Visit WB - World Bank to access the full notice, required documents, and submission instructions. Quote reference OP00421466 when communicating with the contracting authority.

Is this tender still open?

No — the contract has already been awarded to CORPORACIÓN CIVIL RED DE INSTITUCIONES FINANCIERAS DE DESARROLLO - RFD. 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.

How much was the contract awarded for?

CORPORACIÓN CIVIL RED DE INSTITUCIONES FINANCIERAS DE DESARROLLO - RFD was awarded the contract for $43,388. 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.

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Key Details

Contract Type
Services
Eligibility
Firms / Consortiums
Language
Spanish
Reference
OP00421466

Source

w
world_bank
Official Source

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