Questions/Answers – Purchase of consultancy services in the field of AML/CFT supervision of financial institutions, in the framework of the project “Developing a risk-based methodology for an automatic anti-money laundering/counter terrorist financing risk categorisation for supervised entities in Portugal”

Questions received

Answers

1.       The box on page 3 of the Act of Engagement sets out the type of unit(s) with proposed fee (s). What is the process in case a larger deliverable, such as a supervisory tool, requires a scope of work that goes beyond the exclusion level? Would this count as for example a larger number of units?

Thank you for clarifying this point as we prepare our application.

1.       The indicated box of the Act of Engagement refers to the fee per service day. The maximum accepted fee is 550 EUR per service day. The applications containing fees above 550 EUR will be excluded.

The number of units (service days) for a specific assignment, will depend on the nature of the assignment and will be jointly agreed between the provider and the Council of Europe Secretariat.

2.        Will the Bank of Portugal be sending tasks to contractors directly or will they come through CoE? 

2.       It is the Council of Europe who will be contacting selected providers and proposing specific assignments within the framework of the Technical Support Instrument initiative “Developing a risk-based methodology for an automatic anti-money laundering/countering terrorist financing risk categorisation for supervised entities in Portugal”.