Legal Drafting of Secured Transactions and Collateral Regulations

The Government of Barbados, through the Ministry of Energy, Business Development and Consumer Affairs, is seeking a consulting firm to draft a Secured Transactions Bill and Barbados Collateral Registry Regulations, provide related legal and regulatory advice, and deliver stakeholder training over 180 working days across three years.

Barbados > Ministry of Energy, Business Development and Consumer Affairs


General
Open (open)
EOI- 001 PRN 300294
Nov 12, 2026 03:30 AM
Oct 07, 2026 06:00 PM
3 years
Request for Information (RFI)
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Contact
procurement@caribank.org
+12465391600
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EOI Submission - Section (I-IV)
Description

The Government of Barbados, through the Ministry of Energy, Business Development and Consumer Affairs, is seeking an eligible consulting firm under a quality- and cost-based selection process to support the drafting of a Secured Transactions Bill and Barbados Collateral Registry Regulations. The work must reflect international best practices and Barbados’ legal and institutional context, including secured-transactions law, collateral-registry frameworks, prudential regulation, insolvency and cross-border enforcement considerations, and related legislative harmonization. The scope includes legal research and analysis, drafting and revising legislation and regulations, preparation of explanatory notes and policy materials, stakeholder engagement, legal advice concerning the collateral registry and prudential framework, coordination with other project participants, and training for legal practitioners, regulators, policymakers, financial institutions, and other stakeholders. Required deliverables include an inception report, legal gap analysis, draft and revised legislation and regulations, a final legal-framework package, training materials, and a final report. The assignment is expected to comprise 180 working days over a three-year period; the consultant will work remotely and attend meetings virtually and in person as necessary.

Classification Codes
NAICS541199All Other Legal Services
PSCR418Legal Services
Smart Codes
legal drafting servicessecured transactions consultingfinancial regulatory consulting
Specifications
Service Only
Timeline
Oct 07, 2026 06:00 PM-Open Date
Oct 27, 2026 09:00 PM-Questions Due Date
Nov 12, 2026 03:30 AM-Submission Deadline
Requirements
Professional degree (e.g., MD, JD)
Scored
  • Minimum 3 references
  • Within the last 10 years
  • Client point of contact required for each reference
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