Press Release

British Virgin Islands Recovery and Development Agency
Release Date:
Tuesday, 26 March 2019 - 4:20pm


The Virgin Islands Recovery and Development Agency (RDA) in the British Virgin Islands was established to implement the Government’s recovery plan following the devastating effects of Hurricane Irma in 2017. 

The RDA now invites commercial banking institutions to submit proposals for the provision of a full range of cash management services. Interested commercial banking institutions must provide information to demonstrate their capability and experience to undertake these services. 

To review the requirements of the simple proposal to be submitted, interested commercial banking institutions may request a copy of the Terms of Reference by sending an e-mail to: 

Submission of Proposals:

Proposals for the provision of these services must be clearly identified and must be delivered via direct mail or e-mail at the address indicated below by 4:00 PM on Thursday 11th April 2019:

Attn: Head of Procurement
Recovery & Development Agency
3rd Floor, Ritter House
Wickham’s Cay II, Road Town, Tortola VG 1110
British Virgin Islands

Subject: RFP/0010 – Provision of Banking Services

The RDA does not bind itself to accept the lowest priced or any other submission. The Agency reserves the right to cancel the present notice in its entirety or partially without defraying and cost incurred by any Tenderer in submitting their Tender.