This is a $44,239,309 cost-plus-fixed-fee contract awarded by the U.S. Agency for International Development (USAID) to Chemonics International, Inc. (Chemonics) to implement a 5-year Trade, Investment and Finance (TIF) Activity in the West Bank and Gaza. The TIF Activity aims to increase trade, exports, and GDP in the Palestinian economy through technical assistance and blended finance programs. Key objectives include fostering new markets, eliminating trade barriers, increasing investments, and improving access to affordable financial services. Chemonics, a large international development consulting firm, will serve as the prime contractor on this contract, which is not set aside for any particular business size or type. The TIF Activity is intended to increase exports by $150 million and attract $100 million in term loan financing, aligning with USAID's economic growth priorities in the region.
Generated 1/17/25, 9:04 AM