The Central Bank of the Bahamas, in collaboration with the Ministry of Finance, has issued a request for proposals for the design, supply, implementation and ongoing support of a Government Digital Payment System. The procurement seeks a provider with experience delivering similar solutions, a clear understanding of the payments landscape and the capacity to manage implementation timelines, deliverables and risks. Proposals will be assessed as complete solutions covering hardware, software and services, along with the qualifications and experience of the bidder and any subcontractors. Selection factors include total cost of ownership, the service and support model, usability, scalability and interoperability with existing government systems and third-party applications. Requests for clarification are due by 17 July 2026. Electronic proposals must be submitted by 14 August 2026 at 4:00 p.m. EDT.
Central Bank of the Bahamas2026-06-19
Central Bank of the Bahamas and Ministry of Finance launch tender for government digital payment system
The Central Bank of the Bahamas and the Ministry of Finance have launched a tender for a Government Digital Payment System covering design, implementation and ongoing support. Bids will be evaluated on the full solution, including cost, service model, scalability and interoperability with existing systems. Clarification requests are due by 17 July 2026 and proposals by 14 August 2026.