CLOSING DATE AND TIME: JULY 23, 2018 @ 11.59 PM WASHINGTON DC TIME
The Pension and Endowments Department (PEN) is the unit in Treasury of the World Bank Group (WBG) responsible for the financial management and administration of the WBG’s post-retirement benefit plans (“the Plan”), including the retirement scheme (the Staff Retirement Plan and Trust – SRP), the retiree medical and life insurance programs (the Retired Staff Benefits Plan and Trust – RSBP), and other ancillary benefits in the Post-Employment Benefits Plan (PEBP). Financial management includes asset management responsibilities and actuarial support. PEN manages about $27 billion invested across a range of asset classes and strategies, from fixed income to public equities to private equity, real assets and absolute return strategies.
In accordance with its Responsible Investing and Environmental, Social and Governance (ESG) Policy, the WBG intends to engage a specialist service provider (the “Contractor”) to undertake the Plan’s proxy voting and corporate engagement functions.
The solicitation may be obtained by sending an email to the designated Procurement Specialist, referencing the following information:
1. Solicitation Number
2. Company Name
3. Contact Person Name and Title
4. Address
5. Telephone Number
6. Fax Number
7. Contact's Email Address
A copy of the solicitation will be sent to firms or institutions that have replied to and are eligible to receive this advertisement. All requests and questions regarding this solicitation shall be directed to the following designated Procurement Specialist(s):
Conrad Flores at cflores@worldbank.org (mailto:cflores@worldbank.org)
The WBG reserves the right to publicly disclose contract award information, including but not limited to, name of company receiving the award, brief description of services, and contract award amount, for any contract award valued over US$250,000. Offeror's proposal and contractual documents will remain confidential and therefore not subject to disclosure.
The World Bank reserves the right to reject any or all responses without recourse.
