Consultancy at TMRC February 2024, Jobs, Tanzania Mortgage Refinance Company (TMRC) is a Mortgage Liquidity Facility operating in Tanzania. As a specialised financial Institution that provides long-term funding to financial institutions for the purposes of mortgage lending, the TMRC is a private sector institution owned by Banks and Non-Bank Institutions.
Consultancy For The Review And Preparation Of New Tanzania Mortgage Refinance Company Limited Strategic Plan Covering Years 2025 To 2029
Tanzania Mortgage Refinance Company Limited (TMRC) is a private sector company which was incorporated in January 2010 and started operations in January 2011 to implement the Housing Finance Project (HFP) on the development of the mortgage market in Tanzania. Currently, TMRC has 19 shareholders.
TMRC is a secondary market lender providing liquidity to Primary Mortgage Lenders (PML) through the extension of long-term loans to PMLs. TMRC is licensed and regulated by the Bank of Tanzania (B0T) as a non-deposit taking institution. TMRC is also regulated by the Capital Markets and Securities Authority (CMSA) as a corporate bonds’ issuer.
The Current TMRC 2020 -2024 Strategic Plan (SP) will expire in December 2024. TMRC has set aside funds for the review of its current SP and preparation of the new SP covering 2025 – 2029 period. The consultant shall be engaged in March 2024 to undertake the assignment and is expected to present the first draft to the Board of Directors in May 2024. Upon receiving the input from stakeholders including the Board, the consultant is expected to present the final report to the Board in August 2024.
TMRC hereby invites consulting firms with relevant experience and would like to bid for the assignment. Interested bidders may contact TMRC through contacts below for Terms of Reference (TOR) of the assignment and additional information (if any). The Proposal should reach TMRC on 29th February 2024 latest.
On submission of the Proposal, the company will be required to pay non-refundable fee of TZS 130,000 to be paid at the following Bank account:
For more information Contact:
Tanzania Mortgage Refinance Company Limited, 15th Floor, Golden Jubilee Towers, Ohio Street P.0 Box 7539 Dares Salaam, 11101 Tanzania
Tel: +255 22 2215100/5110 Mobile: +255754269119 Email: Procurement@tmrc.co.tz
