(Request for Proposal) Fund Management Service for “Student Retention Challenge Fund” Project

  • Posted on 7 October 2020

Job Description

EPforR Overview

The Education Programme for Results (EPforR) employs a results-based financing model to provide sector budget support (SBS) to the education sector in Tanzania. Managed and implemented by the Ministry of Education, Science, and Technology (MoEST) in concert with the President’s Office, Regional Administration and Local Government (PO-RALG), EPforR donors include the World Bank, DFID, SIDA, and GPE. As a results-based financing instrument, disbursements under EPforR are dependent on verifiable results that are part of the programme, called Disbursement-Linked Results (DLRs). Achievements against DLRs are verified on an annual basis, after which eligible funds are disbursed. Though disbursement is tied to achievement of DLRs – each DLR having a specific amount of funding allocated to it – funds may be used by the Government of Tanzania (GoT) anywhere within the education sector.

KOICA Tanzania’s Student Retention Challenge Fund

The Korea International Cooperation Agency (KOICA) Tanzania Office has set aside funds to assist Local Government Authorities (LGAs) improve retention of pupils and students in schools. Interested and eligible LGAs will be required to apply for funds which they can use to design and execute innovative projects aimed at addressing the problem of low school retention in their respective communities. The funds will be managed by a private firm with overall oversight from KOICA and in collaboration with Government of Tanzania. KOICA now invites foreign and local firms to bid for the role of Fund Manager for the KOICA Student Retention Challenge Fund Project.

Expected Results

The overall goal of the Student Retention Challenge Fund project is: Improved education quality in primary and secondary schools in Tanzania.

In response to the problem statements outlined in the previous section, the Student Retention Challenge Fund project aims to achieve the overall goal through accomplishing the following outcomes:

1. Improve the primary survival rate (PSR);

2. Improve the lower secondary survival rate (LSSR)

In order to achieve these outcomes, the following outputs will be required:

1. LGAs develop and submit quality proposals which clearly demonstrate how they intend to address challenges of student retention in their geographic areas

2. Student Retention Challenge Funds are released and reach LGAs in a timely manner

3. LGA staff receive guidance and training to improve their capacity to manage the Challenge Funds

4. LGAs implement their programs for increasing student retention in basic education

Scope of Work

The scope of services provide by the Fund Manager includes four main areas of work:

1. Financial management

2. Project monitoring

3. Technical assistance to LGAs

4. Research support

* Further details are outlined in the attached RfP.

About the Organization

Korea International Cooperation Agency

Korea International Cooperation Agency (KOICA) was founded as a government agency by the Government of the Republic of Korea in 1991 to maximize the effectiveness of Korea's grant aid programs for developing countries. The main objective of the Agency is to support poverty eradication and sustainable socioeconomic development in developing countries.

The KOICA Office in Tanzania was established in 2002. The country office provides grants and technical assistance for the implementation of bilateral and multilateral development projects in Tanzania.

More information

Advert for the Expression of Interest for the Fund Manager for the Students Retention Project.doc
Challenge Fund_RFP_KOICA.docx

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