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Consultancy Services for the Enhancement of the Financial Management Information System (FMIS) and Its Rollout to the Federal Member States

World Bank
MogadishuContract AwardLa guddoonsiiyay
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Contract Award

Project:P177298-Somalia Enhancing Public Resource Management Project

Loan/Credit/TF Info:IDA-E1360

Bid/Contract Reference No:SO-MOF-530324-CS-QCBS

Procurement Method:QCBS-Quality And Cost-Based Selection

Scope of Contract:Somali Financial Management Information System (SFMIS) Enhancement and Roll out to Federal Member States (FMs)

Notice Version No:0

Date Notification of Award Issued

(YYYY/MM/DD)

2026/09/23

Duration of Contract

18 Month(s)

Minimum Qualifying Score

80

Awarded Firm(s):

PFM SMART SYSTEM L.L.C-FZ (943542)

PFM Smart System L.L.C-FZ Meydan Grandstand, 6th floor, Meydan Road, Nad Al Sheba, Dubai, U.A.E.

Country: United Arab Emirates

Beneficial Ownership Details

Form Date: 27-SEP-26

NameNationalityResidence CountryConditions Met

Basel Al BishtawiJOUnited Arab EmiratesDirectly or indirectly holding 25% or more of the shares

Scores

Technical:91.55

Consultant Specific Experience:9.30

Methodology:28

Key Personnel:54.25

Financial:14.51

Combined:87.75

Rank:1

Final Evaluation Price

USD 2266500.00

Signed Contract Price

USD 2266500.00

Price:

Currency:

Amount:

United States Dollars (United States Dollars)

2266500.00

Evaluated Firm(s):

DEVELOPMENT EXPERTS CONSORTIUM (DEC) LTD (371247)

Country: Kenya

Final Evaluation Price

USD 1645440.00

Price:

Currency:

Amount:

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