Technical Services are Required to Establish a Collateral Registry in Guyana

Description

The consulting services (“the Services”) include the following activities to be implemented over an 8-month period:

• Determine the organizational structure, technological requirements and physical placement, space requirements and configuration of the registry in Guyana.
• Review of the existing physical and cloud-based technology currently deployed within the Commercial Registry. This should include recommendations on the interaction or integration of a Secured Transaction Registry and potential storage capacity needs.
• Conduct an assessment of the end-user needs and capacity to integrate use of registry, in particular microfinance institutions and other non-banking institutions that provide financing to SMEs (rural and urban
• Undertake a diagnostic assessment of the systems environment (hardware needs) and legal requirements necessary to operationalise an electronic registry in Guyana.
• Develop a Business Plan that at minimum includes:

1. Mission Statement/Vision Statement
2. Description of the Registry and its services and how they complement or vary from what currently exists.
3. Job descriptions and selection standards criteria for registry staff Manual with Administrative Procedures and Internal Control Procedures for the operation of the registry.

• Provide a cost-benefit analyses for the operations inclusive of revenue projections.
• Document the business processes and work flow for the operations of the registry
• Communications Plan for the registry.
• Present Business Plan to stakeholders for discussion and feedback. The stakeholder base is expected to include SMEs, women entrepreneurs, private sector associations that represent the aforementioned, and institutions that provide credit to said SMEs and female entrepreneurs.
• Recommend and develop/provide the software for the registry after approval by the Government of Guyana and IDB/CCPF and provide hosting services for 1 year until the solution could be transitioned to the Government of Guyana.
• Test and deploy the information and communications technology architecture for the registry including data, applications, hardware and communications.
• Produce an instructions manual, both written and audio-visual aid, for the operation of the registry inclusive of a user guide for end users and a technical manual for the administration and maintenance of the registry system.
• Conduct training for registry staff on the purpose, use and maintenance of the new system as well as the creation of training materials, manuals and a short guide.
• Conduct three stakeholder training workshops on the use of the system (such as creditors or users, judges, execution officers, government officials and private sector).
• Transfer source code and full ownership of the system/software to the Government of Guyana.

For more information, please consult the original publication contracted by the contractor