Tender Details

Country: Serbia
Summary: Development of Country-Specific Roadmaps for Invoice Trading Platforms in the Western Balkans
RST Ref No: 120963120
Deadline: 30 Jun 2025
Financier: World Bank (WB)
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 0002016898
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Description:
Themain objective of Asset Based Financing (ABF) in Western Balkans is to enablean increase in liquidity and available financing for MSMEs through theestablishment of innovative ABF solutions, support for the asset-based lendingecosystem, and mitigation of the impact of late payments on business TheProject objectives will be achieved through activities that will be addressingthe gaps related to: legislation/regulations linked to factoring and latepayments; providing a roadmap for technological infrastructure for theintroduction of national invoice trading platforms; MSME knowledge and capacityto leverage ABF.The Projectaims to:· Provide a deep dive regulatory and market analysis ofthe factoring market in the Western Balkans region.· Assess the Late Payments and Trade Credit in WBC.· Draft a model Code of Prompt Payments.· Assess the needs and development of the roadmaps forthe introduction of national invoice trading e-platforms. Thedevelopment of the factoring market in the Western Balkans remains constrainedby several structural and institutional limitations. While most countries inthe region have introduced basic legal frameworks for factoring, the adoptionof supporting digital infrastructure—particularly e-invoicing systems—remainsuneven. Serbia has made notable progress with the establishment of a mandatoryelectronic invoicing system (SEF), and several private and public platformsalready operate in connection with SEF, facilitating invoice verification andreceivables trading. In contrast, Albania is still in the early stages ofdeveloping a comprehensive e-invoicing environment, with limited integrationbetween invoicing data and financial sector actors. The absence ofstandardized, real-time invoice data and limited interoperability hinders thescalability and risk assessment capabilities needed for robust factoringoperations.Thisactivity contributes to the broader objective of improving the enablingenvironment for ABF instruments. The aims of the activity are to:...
Documents:

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Development of Country-Specific Roadmaps for Invoice Trading Platforms in the Western Balkans - Serbia Tender

The WORLD BANK(WB), a Government sector organization in Serbia, has announced a new tender for Development of Country-Specific Roadmaps for Invoice Trading Platforms in the Western Balkans. This tender is published on SerbiaTenders under RST Ref No: 120963120 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-06-30.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.