The Bank of Jamaica (BOJ) has launched a tender for architectural and engineering consultants to design and oversee the construction of a new business continuity centre (BCC) on a 3.2-acre property near the French Embassy.

"The BOJ requires the development of a new BCC at its 13 Hillcrest Ave property," the central bank stated in its tender, issued this month.

The BOJ manages Jamaica's monetary policy, foreign exchange reserves, and currency issuance from its Nethersole Place headquarters in downtown Kingston. It however wants an "alternative facility to ensure the uninterrupted conduct of mission-critical activities in the event that the bank's main building becomes inaccessible due to natural or man-made disasters", according to its annual report. The BOJ is separately engaged in expanding its Nethersole Place location, with disclosed plans to build a second tower.