Tender Details

Country: USA
Summary: Sme Rating Services for Enhanced Access to Finance and Capital Markets
UST Ref No: 121858910
Deadline: 16 Jul 2025
Financier: World Bank (WB)
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 0002017200
Purchaser's Detail:
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Description:
TheInternational Finance Corporation (IFC), a member of the World Bank Group, isseeking to engage a recognized rating agency to support the development ofcredit ratings for Small and Medium Enterprises (SMEs) in select countrieswithin its Europe region of operations. The objective of this engagement is toincrease the access of SMEs to finance—particularly from debt funds andstructured (and unstructured) SME facilities—and to facilitate their entry intocapital markets over time. Thisinitiative is part of IFC-s broader strategy to deepen local capital markets,support financial inclusion, and mobilize institutional capital toward the SMEsegment, which is often underserved due to a lack of transparent credit riskassessments. Objective of the Assignment Theprimary objective is to provide reliable, standardized, and transparent SMEcredit ratings in select countries in IFC Europe-s region. The ratings will beused by debt funds, financial institutions, and other market participants toassess creditworthiness, price risk appropriately, and build scalableinvestment vehicles. The initial focus countries will include Poland and up tothree additional countries to be identified based on demand and marketreadiness. Scope of Work Theselected rating agency will: Apply a robust methodology for assessing the credit risk of SMEs in alignment with best practices and regulatory standards; Provide credit ratings for SMEs (number, size, countries and sector to be determined with IFC and local partners); Support awareness-raising and capacity building for SMEs, financial institutions and other relevant stakeholders on the use and interpretation of credit ratings; Ensure rating outputs are accessible and useful to both local and international investors; Adapt methodologies where necessary to local data availability, legal and regulatory context, sectors and market maturity; Whereapplicable, contribute to public-private dialogue on SME transparency, creditdata infrastructure, and capital marke...
Documents:

Terms-of-Reference-hiring-of-the-rating-agency.docx

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Sme Rating Services for Enhanced Access to Finance and Capital Markets - USA Tender

The WORLD BANK(WB), a Government sector organization in USA, has announced a new tender for Sme Rating Services for Enhanced Access to Finance and Capital Markets. This tender is published on USARFP under UST Ref No: 121858910 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-07-16.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.