EXPRESSION OF INTEREST TO UNDERTAKE A REVIEW OF THE BANK OF PNG’S ENTERPRISE RISK MANAGEMENT FUNCTION
The Bank of Papua New Guinea (the Bank) is seeking the services of an experienced Enterprise Risk Management (ERM) specialist or entity, “The Provider”, to assist the Bank with:
• The Review and enhancement of the Bank’s ERM Policy & Framework;
• The Development and implementation of ERM tools;
• The Review of the current ERM structure and to develop and implement a BPNG ERM Reporting Framework;
• The Development and implementation of the Incident Management Framework;
• The Identification of key institutional risks;
• Relevant Trainings for the identification, management, monitoring and reporting of risks for respective departments or functional areas.
Requirements
Proposals should include the following;
1. A detailed description of the services offered.
2. Relevant experience and expertise in ERMF development preferably with a central bank or similar regulator entity and/or financial institution.
3. A proposed timeline and project plan.
4. Price of services, including daily, monthly or annual rates.
5. Any additional information that demonstrates your capability to deliver high-quality ERMF development services.
6. Declaration of any potential conflicts of interest.
7. Indicate the level of insurance held for Public Liability and the level of Insurance held for Professional Indemnity as well as an undertaking to provide verification of these covers
All hand deliveries should be dropped off at ToRobert Haus – Ground Floor, CNR OF DOUGLAS & CUTHBERTSON STREET – Downtown PORT MOREBY
Submission Deadline: Proposals must be delivered on or before close of business on 13th December 2024 by hand to:
Ms. Beverley. Mirou
Institutional Governance Support Office
ToRobert Haus, Douglas Street,
P.O. Box 121 Port Moresby, Papua New Guinea
An electronic pdf copy can also be emailed to RiskTenders@bankpng.gov.pg Late proposals shall not be accepted.
Authorised by Ms Elizabeth Genia, AAICD
Governor
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TENDER INVITATION FOR INSURANCE SERVICES
The Bank of Papua New Guinea is the Central Bank of Papua New Guinea and Regulator of the financial system. Our powers, objectives, functions and responsibilities are as provided for in the various legislation that we administer.
We invite tenders from reputable Insurance Companies and Brokers with a minimum of 10 years’ experience in providing insurance services.
The interested entities must provide company credentials to demonstrate relevant experience and capacity to underwrite or broker corporate insurance programs with particular emphasis on appropriate regulatory compliance in the country or elsewhere.
The scope and terms of the Tender can be obtained from:
Corporate Services Department, Bank of Papua New Guinea, ToRobert Haus, Douglas Street, Port Moresby, National Capital District - Email: RJethro@bankpng.gov.pg or contact on Telephone 322 7529.
The closing date for Tenders is 11th December 2024. All Bids are to be delivered to the Security Counter before 4:00pm. Late submission for Tender bids after the stated time will not be considered.
All Bids are to be clearly marked and sealed and addressed to the attention of;
The Chairman
Tender Committee
Bank of Papua New Guinea
P.O Box 121, PORT MORESBY
Authorised by Ms Elizabeth Genia, AAICD
Governor