Payment Service Provider (PSP)
Issued by World Bank project · via World Bank — Procurement Notices
- Published
- 30 Aug 2026
- Reference
- SO-MOLSA-539645-NC-DIR
- Location
- Somalia, Federal Republic of, Somalia
- Sector
- Social Development & Inclusion
- Type
- services
Details
Contract Award
Project: P507443-Building Opportunities and Outcomes in Social Protection and Youth Employment
Loan/Credit/TF Info: IDA-E5670
Bid/Contract Reference No: SO-MOLSA-539645-NC-DIR
Procurement Method: DIR-Direct Selection
Scope of Contract: Procurement of Payment Service Provider (PSP) to support provision of cash transfers to the selected beneficiaries in all Federal Member States and regions of Somalia
Notice Version No: 0
Date Notification of Award Issued (YYYY/MM/DD) 2026/04/26
Duration of Contract
2 Year(s)
Awarded Bidder(s):
HORMUUD TELECOM (558095) Mogadishu, Somalia
Country: Somalia, Federal Republic of
Bid Price at Opening USD 52472400.00
Evaluated Bid Price USD 52472400.00
Signed Contract price USD 52472400.00
This notice has closed — what to do next
We hold 1,759 notices from World Bank project, going back to August 2026 — 1,759 of them still open. They buy mostly in Construction & Infrastructure, IT & Telecom and Financial & Professional Services. There are 4 open Social Development & Inclusion tenders in Somalia.
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Open Social Development & Inclusion tenders in Somalia
Before you bid on this tender
A quick checklist to help you decide whether to bid and prepare a compliant submission for this social development & inclusion opportunity. Always verify the details on the official source.
- Confirm the closing date and submission window on the official portal before you start preparing your bid.
- Read the full notice and every attached document, including the scope, specifications and any bill of quantities or terms of reference.
- Check the eligibility criteria — prior similar experience, annual turnover, certifications and registrations — and make sure you qualify before investing effort.
- Prepare any earnest-money deposit (EMD) or bid security and the required formats early; missing or wrongly-formatted documents are a common cause of rejection.
- Note how bids must be submitted (online or physical), in what format, and whether a digital signature or portal registration is required.
- Watch for corrigenda and clarifications right up to the deadline — requirements and dates can change.
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