The U.S. and Foreign Commercial Service (US&FCS) Liaison Office to the Asian Development Bank (CS ADB), based in the U.S. Embassy in Manila and managed by the Advocacy Center, works directly with U.S. firms to target major project, consulting and procurement opportunities generated from the ADB’s direct lending and grant activities. The CS-ADB office was created by the U.S. Congress to provide assistance and advocacy for U.S. firms pursuing business opportunities generated by the ADB's lending and grant activities. The office’s staff of five is currently led by an American Director/Senior Commercial Officer and works closely with the Executive Director of the ADB. CS ADB captures these opportunities and sends them out as bi-monthly reports entitled "Foreign Government Tenders." CS ADB also prepares around 30 market research reports by country, sector, and region based on the ADB’s Country Partnership Strategies. CS-ADB also assists U.S. sponsors/developers of private projects who can benefit from the lending and risk mitigation activities of the ADB’s Private Sector Department, and the ADB’s Office of Co-financing Operations.