Media and Communications Unit | August 23, 2024
Procurement of the Credit Reference Bureau and Collateral Registry Systems
This is to inform all bidders that the management of the Central Bank of The Gambia has decided to cancel the Procurement of the Credit Reference Bureau and Collateral Registry Systems for the Bank.
Several reasons are responsible for this cancellation and they are as follows:
1. There are no financially worthwhile bids that have been received.
2. Both technically compliant bids or applications substantially exceed the available financial resources. The proposed operational cost is too high.
3. The Bank has software developers and will recruit others to build the system internally.
Consequently, and under the Gambia Public Procurement Authority's Act 2022, section 35, bidders are to be refunded the amounts they paid for the bidding documents.
All bidders are to contact the procurement office of the Bank for their refunds.