5 FEB
19 FEB
THE BELIZE 2023 TIMES
2023
PRESS RELEASE February 13, 2023
21
THE BELIZ
BELIZE SOCIAL INVESTMENT FUND TENDER NOTICE Country: Belize Project: CARICOM Development Fund Grant No: BZE/G00011 Project ID: CDF/00011/WS2 Contract Number: W/CDF-03/2022 National Competitive Bidding (NCB) Deadline: February 27th, 2023
1. The Government of Belize has received funding through the CARICOM Development Fund (CDF) towards implementation of a project that focuses on improving water supply systems in four (4) communities and intends to apply part of the funds to cover eligible payments under the contract for Installation of a Chlorinator and the Upgrading of the System’s Electrical Components for the Mahogany Heights Water Supply System, Mahogany Heights Village, Belize District, Belize.
The University of Belize Launches the UB Institute of Banking and Finance The University of Belize is pleased to launch and operationalize its third institute, the UB Institute of Banking and Finance (UB-IBF). For the first time, Belizeans will have the opportunity to do their AML and other finance certification courses and training at home making it more convenient and cost effective for participants. The institute will be able to assist financial organizations including banks, credit unions, insurance companies, real estate firms, among others that are required by law to ensure proper training programs are in place for their staff. The UB IBF had already forged strong partnerships with other national institutions such as the Financial Intelligence Unit (FIU) and the Financial Services Commission. It is through these relationships that UB and the UB IBF have been invited to be a member of the National Anti Money Laundering Committee. Additionally, the FSC has provided financial support and has been instrumental in giving guidance and offering keen insights into Belize’s Financial Sector. With the passing of the Securities Industry Act in 2021, an opportunity has been created for the development of a sophisticated financial ecosystem. The institute will be able to provide the training and development needed for the human capital which will operate in the financial sector. In addition, a gap exists for specialized training, research and expertise in the field of finance which the UB Institute of Banking and Finance will be able to serve. The general aims of the institution are to: · Provide AML and other compliance certification courses in the field of finance · Foster the application of sound fundamental concepts and financial management tools. · Apply financial management concepts and tools to the decisions faced by a manager in risk management and investment decisions. · Appraise the risk profile of entities; including calculating the costs of capital, debt and equity using financial data. · Examine the operations of capital markets: the equity, bond and the derivatives markets, along with the operations of the capital and securities industry. · Assess the current developments in the international financial environment and the implications for our local financial entities. The institute will be headed by a full time coordinator whose office will be located in the Gian Ghandi Building, at the Faculty of Management and Social Sciences (FMSS), West Landivar, Belize City. The UB is greatly appreciative of the support and resources provided to the UB IBF by the FIU and the Financial Services Commission in particular. END.
VITAL STATISTICS UNIT ATTORNEY GENERAL’S MINISTRY Tel: (501) 223-5625/223-7405 Corner Queen Street and Barrack Road Belize City, Belize, Central America
Public Notice Please be informed that the Vital Statistics Unit offices country wide will be closed from February 20th to 23rd, 2023. The closure of the office is to facilitate staff training. Normal working hours will resume on Friday, February 24th, 2023. We apologize for any inconvenience caused.
2. The Social Investment Fund, a Statutory Corporation, established under the
Social Investment Fund Act No. 3 of 1996 and located at Constitution Drive, Belmopan, Cayo District, hereby invites tenders from suitably qualified contractors for the construction of the following: The contract proposes to: The contract proposes the installation of a chlorinator and the upgrading of the system’s electrical components in Mahogany Heights, Belize District, Belize.
3. Final (Project Site) Destination as specified in BDS: Mahogany Heights, Belize District, Belize.
4. Belize Social Investment Fund now invites sealed bids from eligible and qualified bidders for the construction works in the aforementioned areas.
5. Bidding will be conducted through the National Competitive Bidding (NCB)
6.
7.
procedures specified in the CARICOM Development Fund’s Guidelines for Procurement (May 2010), and are open to all countries of the world are eligible to tender for this contract. Qualification requirements include (a) The bidder shall furnish unaudited or audited financial statements (balance sheets with corresponding notes, income statement, and statements of cash flow) of the firm for years 2018, 2019, 2020, 2021 and 2022 to demonstrate the current soundness of the bidder’s financial position (b) Bidders should have general experience under contracts in the role of contractor, JV member, subcontractor, or management contractor for the years 2019, 2021 and 2022 with activity of at least five (5) months in each year starting 1st January, 2019 (c) Bidders should have specific experience as a prime contractor, joint venture member, management contractor, or subcontractor, between 1st January 2011 and the bid submission deadline and should have less than or equal to three (3) contracts, each of a minimum value of BZ$11,955.00, but with a total value of all contracts equal or more than BZ$35,865.00 (d) demonstrate cash flow requirement: capacity to have a cash flow amount of BZ$9,000.00 of which not more than BZ$4,500.00 can be credit for materials (e) an average annual turnover of BZ$215,190.00 which shall be calculated as total certified payments received for contracts completed within the best two (2) years of the years 2018, 2019, 2020, 2021 and 2022 (e) other provided in the respective Bid Documents. A secured “sample” electronic Bid document can be shared with interested Bidders at the address below, starting January 30th, 2022, on weekdays between 8:00 a.m. and 4:00 p.m. for viewing purpose only (has a time restriction for viewing). A complete set of Bidding documents (hard-copy or electronic version) can be purchased by interested bidder upon payment of a non-refundable fee of BZ$150.00. Requests may be made by personal application or in writing to the address below. Written applications must be clearly marked: “Installation of a Chlorinator and the Upgrading of the System’s Electrical Components for the Mahogany Heights Water Supply System, Mahogany Heights Village, Belize District, Belize”. The method of payment will be by cash deposited to, or Bank transfer to BSIF’s Bank Account only. Banking details can be requested at the address below. Cash payment will not be accepted at the BSIF Office.
8. Deadline for bids is at or before 10:00 a.m., February 27th 2023 at the address below. Bids will be opened at 10:15 a.m., February 27th, 2023 at the Social Investment Fund, 3rd Floor, #1902 Constitution Drive, Belmopan, Cayo District in the presence of the bidders’ representatives who choose to participate. Electronic bidding will not be permitted. Late bids will be rejected. All bids must be accompanied by a “Bid Security” of BZ$ 360.00 or an equivalent amount in a freely convertible currency or Bank Guarantee. The bid validity period is 90 days. 9. A Virtual Pre-bid meeting with interested eligible bidders will be held at 10:00 a.m. on Monday, February 13th, 2023. The link is https://bit.ly/31ACuQU. Bidders can participate in the meeting to address any queries about the bidding document or the scope of works. Persons who purchase packages are urged to attend. 10. The address referred to above is: Contact: Ms. Angeles Itzab Senior Procurement Officer Social Investment Fund 3rd Floor, #1902 Constitution Drive Belmopan Cayo District Tel: 822-0239/822-0508
E-mail: angeles.itzab@sifbelize.org cc: carlos.tun@sifbelize.org kyla.cho@sifbelize.org