# Financial Services Pillar \(FSp\) of the ASEAN Economic Integration Programme \(AEIP\)

> A sourced UK public-sector contract award published by Foreign Commonwealth and Development Office.

## Key facts

- Public buyer: [Foreign Commonwealth and Development Office](/buyers/foreign-commonwealth-and-development-office/contract-awards)
- Contract winner: Cadmus International UK Limited
- Award value: £8,000,000
- Tender value: £8,000,000
- Award date: 14 November 2024
- Published: 6 December 2024
- Contract start: 14 November 2024
- Contract end: 13 November 2028
- Stage: awarded
- Procurement category: services
- Notice ID: e42b2971-fa93-4820-857a-f49271dcf5c1-808674
- OCID: ocds-b5fd17-33438dc8-2a25-458e-8ae1-f5faa20d41d1

## Description

Following competition through an Open route to market, a successful provider has been selected and a a contract awarded to them to deliver the following programme: The FSp aims to enable greater financial resilience and economic opportunities for individuals and businesses in AMS through wider availability of useful and affordable financial services, particularly for MSMEs and women \('financial inclusion '\)\. Financial inclusion is uneven among AMS, with some countries still having a persistently high percentage of adults without an account at a financial institution\. Digitalisation of the sector is improving access to and use of financial services across ASEAN, but barriers remain, and these can be higher for women and MSMEs\. Barriers in some AMS include low financial or digital literacy, lack of trust / gaps in consumer protection, shallow capital markets and limited access to international payments\. The intended outcome of the FSp is that AMS adopt and implement ASEAN-led policy recommendations and reforms that promote financial inclusion in the region\. The programme will do this by providing expert support to ASEAN and AMS\. Additional information: Additional information can be obtained from the above-mentioned address\.

## Related contract awards

- [Payroll service for the British Embassy Budapest](/contracts/ocds-b5fd17-a634f9c6-1fce-4b7c-a787-c63daefe9303): Foreign Commonwealth and Development Office
- [Managed Ground Transport Services for Major Events and Diplomatic Services](/contracts/ocds-b5fd17-a96d6858-edc1-436f-ace7-dfeeed5c02ed): Foreign Commonwealth and Development Office
- [CCS PM and Design Ottawa Residence Refurbishment](/contracts/ocds-b5fd17-aa02200c-8536-4bd8-84de-c09ae6df781b): Foreign Commonwealth and Development Office
- [Open Trade Pillar of the ASEAN-UK Economic Development and Trade](/contracts/ocds-b5fd17-dee8d6ef-5349-4c11-961f-295b23bcecde): Foreign Commonwealth and Development Office

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/e42b2971-fa93-4820-857a-f49271dcf5c1-808674)