Building Regional Economic Bridges (BREB) Activity
Award Notice Posted
- Solicitation number
- 72029422R00001
- Awarded
- to Chemonics International, Inc.
- Set-aside
- No set-aside
Opportunity facts
- Contract number
- 72029422C00003 Federal contract award
- NAICS code
- 5416 Management, Scientific, and Technical Consulting Services
- PSC
- R499 Support- Professional: Other
- Place of performance
- West Bank
Notice details come from SAM.gov. Updated .
About this opportunity
This Award Notice from the US Agency for International Development awarded a contract valued at $8,762,493.20 to Chemonics International, Inc. to implement the 60-month Building Regional Economic Bridges Activity. The Activity aims to strengthen economic relationships and facilitate cooperation between the West Bank and Gaza, Israel, and the United States through three objectives: expanding trade opportunities, fostering new markets, and building capacity. Key expected outcomes over five years include a $350 million increase in exports, 75 partnerships/alliances, and 75 Palestinian businesses exporting to new markets.
Notice text
The Building Regional Economic Bridges (BREB) Activity is a 60-month activity that aims to promote peace between the West Bank and Gaza (WBG) and Israel through expanded economic and research partnerships/alliances with the WBG, Israel, and the U.S. The activity will also support expanded trade opportunities for Palestinians across the Middle East and North Africa region.
BREB will have three main objectives/components as follows:
Objective/Component 1: Facilitate Cooperative Exchange and Knowledge Sharing
Objective/Component 2: Foster New Markets
Objective/Component 3: Enhance the Capacity of Targeted Entities
At a minimum, BREB will achieve the following main outcomes/results:
- Economic relationships at the regional level are strengthened through a $350 million increase in exports by BREB assisted firms over five years.
- Enhance cooperative technological exchanges, and knowledge sharing between the WBG, Israel, other regional economies, and/or the U.S., defined by 75 partnerships/alliances.
- Create new market connections between Israeli and Palestinian companies, with at least 75 Palestinian businesses exporting into new markets.
- Develop a $50 million pipeline of projects that meet the requirements for DFC’s potential investment in the WBG.
Awarded contract 72029422C00003 to Chemonics International, Inc. for 87624932.00 on 2022-09-29.
Notice history
| Notice | Type | Posted |
|---|---|---|
| This notice | Award Notice | |
| Building Regional Economic Bridges (BREB) Activity | Solicitation | |
| Building Regional Economic Bridges (BREB) Activity | Pre-Solicitation |
On GovTribe
Work this opportunity
- Track it in your pipeline
- Find teaming partners
- Similar opportunities
- Ask GovTribe AI about this opportunity