Technical Assistance for Central Bank of Bangladesh Independence and Reorganisation
Awarded 08 Jun 2025
About
The Foreign Commonwealth and Development Office awarded a contract to Pegasys Limited for technical assistance to Bangladesh Bank and the Government of Bangladesh under the Transformative Economic Policy Programme - Bangladesh (TEPP).
The contract, valued at £499,890, was awarded through Lot 11 of the Global Development Delivery (GDD) Framework.
The supplier is responsible for delivering a rapid needs assessment, advisory reports on central bank independence, monetary policy and financial stability committees, and governance reforms, as well as drafting advice for new legislation.
The scope also includes developing a prioritised implementation plan for reforming Bangladesh Bank's internal structures, processes, and systems, with phase one to be completed by 2025 and phase two by 2026, and providing support for change management and internal communication.
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