The REA adopts transparent selection process for funds allocation

01
INFORMING POTENTIAL BIDDERS ABOUT UPCOMING COMPETITION
Step One
REA informs the public about the procedures and rules governing the competitive process through relevant print/electronic and social media
03
CALL FOR PROPOSALS (CFP)
Step Three
REA invites bidders with best EoI to prepare & submit preliminary business plans/proposals. REA evaluates proposals and selects winners
02
CALL FOR EXPRESSIONS OF INTEREST (EOI)
Step Two
REA launches an EoI with a specified deadline for entries through relevant print/electronic and social media
04
DISBURSEMENT OF REF FUNDS
Step Four
REA notifies winning bidders for agreement signing and agree on payment schedule for project milestones (for each project).