UNCDF is the UN’s capital investment agency for the world’s 47 Least Developed Countries (LDC). UNCDF uses its capital mandate to support LDCs pursue inclusive growth. UNCDF promotes financial inclusion, also through digital financial services (DFS), as a key enabler of poverty reduction and inclusive growth; and it demonstrates how localizing finance outside the capital cities can accelerate growth in local economies, promote sustainable and climate-resilient infrastructure development, and empower local communities. Using capital grants, loans and credit enhancements, UNCDF tests financial models in inclusive finance and local development finance; ‘de-risks’ the local investment space; and provides proofs of concept, paving the way for larger and more risk-averse investors. Please refer to http://www.uncdf.org.
Recently, UNCDF has formulated its strategy ‘Leaving no one behind in the digital era’ based on over a decade of experience in digital finance in Africa, Asia and the Pacific. UNCDF recognizes that reaching the full potential of digital financial inclusion in support of the Sustainable Development Goals aligns with the vision of promoting digital economies that leave no one behind. The vision of UNCDF is to empower millions of people by 2024 to use services daily that leverage innovation and technology and contribute to the Sustainable Development Goals. UNCDF will apply a market development approach and continuously seek to address underlying market dysfunctions. Please refer to
In complementing the digital economy focus, UNCDF has been investing into areas of emerging topics through various global centers. The purpose of these centers is to drive learning on different thematic areas that includes financial health, Islamic finance, etc. As part of these engagements UNCDF has been focused on development of new use-cases that are commercially deployed for test and learn. In addition to the work in these global centres and as part of its focus on inclusive digital economies in programme countries. UNCDF has been working on bringing together companies to design, develop, test and refine digital solutions supported under a structured environment and with ready to use tools. Inspired by how technology can leapfrog limitations and pain points in today’s user experience, as well as imagine new uses for technology to address access, literacy, security, and other barriers. Ultimately, to create innovative user experiences that will help low-income people move from distrust, disenfranchisement, and exclusion to become confident and empowered.
The proposed approach focuses on supporting innovative solutions delivered by focus on:
Duties and Responsibilities
Scope of Work
UNCDF would like to enter into a non-exclusive Framework Agreement, also known as Long-Term Agreement (LTA), with one or more individuals that will perform the services described below on a need-basis. In UNCDF, an LTA is a framework agreement by and between UNCDF and a company or individual where the latter may, at any time within the duration of the LTA, be required to render the agreed services at the agreed and fixed unit prices for a period of 3 years.
Under an LTA, UNCDF does not guarantee that any specific quantity of services shall be purchased during the term of this agreement. The LTA does not form a financial obligation or commitment from UNDP at the time the LTA contract is signed and that such an agreement is non-exclusive.
Where a request for service arises, UNCDF can engage the individual on LTA through a “call-off” of the LTA. Every call-off shall have specific tasks, scope of services and outputs to be delivered within a specific period of time. For this particular work, the call-off shall be formalized through the issuance of a Purchase Order, attaching thereto the TOR, and any other document relevant to the call-off. Financial commitments will only be established each time a Purchase Order for the specific services/TOR for Individual Contractor is committed. Where there are multiple consultants qualified to perform the services on an assignment, UNCDF may conduct a secondary competition among them in order to determine who should receive the call-off. The criteria for such selection shall be limited only to the lowest priced offer among those who confirmed availability.
The LTA shall have a cumulative ceiling amount that may accrue to the individual contractor during the life of the LTA, but said amount shall remain as an upper limit, and must not and cannot be interpreted nor understood as neither a financial commitment nor guarantee of business volume. The said limit shall be inclusive of both professional fees and all other travel entitlements received by the consultant.
The objective of this consultancy is to support the work on innovations as it relates to development of new use-cases by providing technical assistance that includes design of challenge, delivery of tools as part of innovation journey that includes competitions, bootcamps, hackathon, etc, to the themes like financial health, Islamic finance, digital economy, others in selected UNCDF countries.
Candidates applying through their company or network should apply as individual candidates and shall indicate in the technical proposal and in the methodological approach possible support services (peer review, editing, formatting) that will be utilized to ensure the quality of the results/deliverables. These costs should be included in the technical-financial offer.
In addition to this ToR UNCDF is also onboarding junior level innovation specialist across specific markets in region. As UNCDF would create challenge/competition in one markets or multiple markets, it would set-up a team drawn from Senior Innovation Specialist and Junior Innovation Specialist to deliver on specific challenge/competition. One of the selected individual contractors under this ToR (Senior Innovation Specialist) for a specific challenge/competition will have a team leader/coordinator role and will thus oversee the work of the other ICs (Junior Innovation Specialist), in close collaboration with the UNCDF regional coordinator for innovation, e.g. by developing briefings and debriefings, quality assurance of outputs/deliverables/methodology, technical review of draft reports and methodology, and so forth.
Working under the direct supervision of the Regional Manager Asia or the appointee, and in close collaboration with private sector players/enablers and UNCDF country teams or center team, the consultant(s) will be responsible for providing technical support to innovation programme. The outcome of these engagements would be successful execution of innovation program that would allow for testing and scaling of solutions by participants of the said program.
The objectives are:
The below table provides an indicative overview of the scope that UNCDF will request to perform to the consultants:
In performing the tasks, the incumbent will, inter alia, undertake, organize or facilitate (remote or in-country) consultations, workshops, and on-the-job learning, as agreed during the inception phase.
As previously informed, one of the five selected individual contractors will be a team leader and will drive the overall challenge structure design and execution, working in close collaboration with Junior Innovation Specialist hired through separate ToRs across different markets. The consultants would work in close collaboration with team at UNCDF coordinating the innovation work. His/her functions will include, inter alia:
Duration, Duty Station and Expected Places of Travel
Job type Long-Term Agreement (LTA) as part time based on specific assignment and deliverables. Under the LTA, a Terms of Reference (TORs) which indicate a set of clear deliverables, budget and timelines will be prepared, agreed and approved by UNCDF prior to each assignment and/or mission. The payment will be made based on satisfactory completion of assignment and submission of deliverables under the specific assignment, and within the terms of approved ToRs.
Duration: Up to 450 days over 36 months per consultant with max of 150 days per 12-month period.
Duty Station and expected places of travel: Home based with missions to the country assigned based on the weeks/days indicated in specific challenge ToR.
The schedule of travel will be agreed on with the incumbent according to the requirements of each programme country. Travel costs associated to the assignment will be paid following the UN rules and regulations which is Economy Ticket + Daily Subsistence Allowance (DSA) for specific countries which would be shared based on the challenge country and field work involved.
Job Knowledge/Technical Expertise
Required Skills and Experience
Spoken and written fluency in English is required.
Interested consultants are requested to submit the offer comprising of
(3) At least one (1) sample or detailed summary of works with relevant links – that you consider to be the best and most relevant example to this ToR.
Evaluation of the offer
Applications will be rated on both technical and financial submissions.
Evaluation of the proposal will be the combined scoring method. The award of the contract will be made to the individual consultants whose offer has been evaluated and determined as:
The formula for the rating of the Proposals will be as follows:
Rating the Technical Proposal (TP): 70%
TP Rating = (Total Score Obtained by the Offer / Max. Obtainable Score for TP) x 100
Rating the Financial Proposal (FP): 30%
FP Rating = (Lowest Priced Offer / Price of the Offer Being Reviewed) x 100
Total Combined Score:
(TP Rating) x (Weight of TP, e.g. 70%)
+ (FP Rating) x (Weight of FP, e.g., 30%)
Total Combined and Final Rating of the Proposal
Step I: Screening/Longlisting:
Applications will be screened and only applicants meeting the following minimum criteria will progress to the pool for shortlisting:
Step II: Shortlisting by Desk Review:
UNCDF will conduct a desk review to produce a shortlist of candidates by evaluating the following criteria with the corresponding points (100 points)
*Technical Criteria weight: 70%
Total maximum obtainable score for Technical proposal = 100 points
Only candidates obtaining a minimum score of 70 points under technical evaluation will be considered for the financial evaluation
Step III: Financial Proposal Evaluation:
The following formula will be used to evaluate financial proposal:
Lowest Financial proposal/price of the proposal being evaluated X 30%. Lowest Financial Proposal refers to the lowest price offered by Offerors scoring at least 70 points in the technical evaluation.
Step IV: Selection
The contract shall be awarded to the best 5 applicants whose offers have been evaluated and determined as: responsive/compliant/acceptable and having received the highest combined weight technical proposal 70% + financial 30%= 100%. Should one or more candidates obtain the same Total Combined Score, the one with highest score on the proposed approach and methodology shall have precedence over the other.
Up to 5 candidates obtaining highest combined scoring in the final round of evaluation will be offered to enter into a Long Tern Agreement with UNCDF under this procurement notice. The successful candidates under this LTA will be selected for specific assignments based on availability, geographical preferences, and language ability.
Shortlisted Candidate may be required by UNCDF to submit a “CONFLICT OF INTEREST DISCLOSURE FORM” prior to, or at the time, of contracting.
Warning: Individual Consultants are responsible for ensuring they have vaccinations/inoculations when traveling to certain countries, as designated by the UN Medical Director. Consultants are also required to comply with the UN security directives set forth under dss.un.org
Both individual consultants and individuals employed by a company or institution are welcome to apply. Any individual employed by a company or institution who would like to submit an offer in response to a Procurement Notice for IC must do so in their individual capacity (providing a CV so that their qualifications may be judged accordingly).
Women candidates or women-owned businesses are strongly encouraged to apply. UNCDF is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.
Please include all documents into one file while submitting your application.
UNDP’s Individual Consultant’s General Terms and Conditions are provided here:
|Closing date:||January 24, 2020|