The Secretariat would like to engage the services of a Travel Management Agency (TMA) with the purpose of providing travel services such as Airline Tickets, Accommodation booking, Ground Transport services and other related services on a 24/7 basis. The TMA will source travel services on behalf of the GCF using the funds procurement principles of value for money, accountability and transparency and the funds Travel Policy as efficiently as possible. The TMA shall provide prompt and accurate international and domestic travel products and services to staff of the Fund and other travelers.

The GCF will spend an estimated budget of approximately US$2 Million on flight tickets on an annual basis for official travel covering various engagements globally. The Fund estimates to undertake approximately 900 international return travels per year. Travel will be undertaken by the Fund’s staff and their eligible dependents, consultants, members of the Fund’s Board, high ranking officials and others as authorized. However, the contract shall not impose a minimum guarantee on volume of travel on the part of the Fund.