Request for Proposals for Supply, Implementation, Integration, Training, Commissioning, and support engagement for the provision of a Central Bank Vault Management System for CBS.
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Description & Project Overview
Tender descriptionRequest for Proposalsinformation systemsSupply, Implementation, Integration, Training, Commissioning, and support engagement for the provision of a Central Bank Vault Management System for CBS.IFB No:SO-MOF-576063-NC-RFPBid type:Single Stage BiddingProject:Somalia Productive, Resilient, and Inclusive Growth (SPRING) ProjectProject ID:P501662Purchaser:Ministry of Finance of SomaliaRequest for Proposal(Single Stage – two Envelopes with Rated Criteria)Development, Supply, implementation, integration, training, commissioning, and support engagement for the provision of a Central Bank Vault Management System Central Bank of SomaliaPurchaser**: Ministry of Finance, Federal Government of Somalia**Project**: Somalia Productive, Resilient, and Inclusive Growth (SPRING)**Contract title**: Development, Supply, Configuration, and Implementation of Vault Management System (VMS) f or Central Bank of Somalia**Country**: The Federal Republic of Somalia**Grant No**.:**P501662RFP No:SO-MOF-576063-NC-RFPTheFederal Government of Somaliahas received a loan from the World Bank toward the cost of theSPRING,and it intends to apply part of the proceeds toward payment under the contract forDevelopment, Supply, Configuration, and ImplementationofVault Management System (VMS) for Central Bank of Somalia.For this contract, the Borrower shall process the payments using the Direct Payment disbursement method, as defined in the World Bank’s Disbursement Guidelines for Investment Project Financing, except for those payments, which the contract provides to be made through letter of credit.TheMinistry of Finance of Somalianow invites sealed Proposals from eligible Proposers forDevelopment, Supply, Configuration, and Implementation of Vault Management System (VMS) f or Central Bank of Somalia.The procurement process will be conducted through international competitive procurement using Request for Proposals (RFP) as specified in the World Bank’s “ProcurementRegulations for IPF Borrowers” July2016, revised November 2017, August 2018, November 2020 and September 2023(“Procurement Regulations”), and is open to all eligible Proposers as defined in the Procurement Regulations that meet the following minimum qualification criteriaProposer’s Financial CapabilityThe Proposer shall furnish documentary evidence that it meets the following financial requirement: the average Annual Turnover in the last three years 2023, 2024 and 2025) to be not less than USD 700,000 (Seven Hundred Thousand United States Dollars).Proposer’s Experience and Technical CapacityThe Proposer shall have successfully completed at least three (3) contracts for the implementation of an enterprise Vault Management System (VMS), of which at least two (2) shall have been implemented for Central Banks or equivalent monetary authorities.The Proposer shall have a minimum of ten (10) years of demonstrated experience in the implementation and support of enterprise Vault Management Systems (VMS) for Central Banks or regulated banking institutions, with demonstrated enterprise integration and secure enterprise deployment capability.The Proposer must provide at least three (3) Client References for similar successfully completed contracts. Details should include the detailed tasks done, country, year, and Client contact details. Evidence of work done should be supported with Completion Certificates or Reference Letters and value of those contracts.Proposer’s Legal RequirementsThe Proposer shall be legally registered entity in its country of origin**.** Request for Proposals Supply, Implementation, Integration, Training, Commissioning, and support engagement for the provision of a Central Bank Vault Management System for CBS. Somalia Productive, Resilient, and Inclusive Growth (SPRING) Project Ministry of Finance of Somalia (Single Stage – two Envelopes with Rated Criteria) Development, Supply, implementation, integration, training, commissioning, and support engagement for the provision of