Contract award
World Bank has awarded this contract. It is published here as a record of procurement activity in Mogadishu, not as an opportunity — the work is no longer open for bids.
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: