EXPRESSION OF INTEREST. for. Reconciliation System

Transcription

1 EXPRESSION OF INTEREST for Reconciliation System May 2015 (K-REP Bank reserves the right to cancel this request for EOI and / or invite afresh with or without amendments to this request for EOI, without liability or any obligation for such request for EOI and without assigning any reason. Information provided at this stage is indicative and K-REP Bank reserves the right to amend / add further details in the RFP document. )

2 Contents Snapshot of the Expression of Interest ANNEXURE 1: Exhibits Of Formats For Submission Exhibit 1: Format for Covering Letter Exhibit 2: Format for Power of Attorney for Signing of EOI Exhibit 3: Description of the Bidder Exhibit 4: Financial Capability of the Bidder Exhibit 5: Technical Capability of the Bidder... 10

3 Snapshot of the Expression of Interest Name of Project Installation, integration, implementation and maintenance of Reconciliation System Last date and time for submission 8 th June 2015 Eligible Entities Registered Companies that have been in operation for atleast 6 years. Signature Authority Selection Process (Overall) Contents of the EOI (One Copy) Financial Criteria: (Relevant certificates of Incorporation MUST be attached) Bidders MUST also attach the following; Valid Tax Compliance Certificate Valid VAT Certificate KRA Pin Authorised Representative / Signatory (supported by notarized Power of attorney as per format at Exhibit 2 of this document) Two Stage Process Stage 1: Expression of Interest Stage 2: Request for Proposal 1. Cover letter as per format in Exhibit 1 2. Notarized Power of Attorney for signing of application as per format in Exhibit 2 3. Details of bidder as per format in Exhibit 3 4. Details of the financial capability of the Bidder as per format in Exhibit 4. (Include Copies of Audited Financial Statements for the last three years as Documentary Evidence) 5. Details of the Technical Capability of the Applicant as per format in Exhibit Case studies of atleast two similar projects implemented locally in the financial sector. Include the following; Recommendation letters from at-least two of the identified clients Scanned copies of LSOs/LPOs as documentary evidence. 7. Include Manufacturers Authorization Letters for parts / whole of the products and/or components not developed by you. Qualification Criteria (Stage 1) 1) Net worth of the applicant as per provided Audited Financial Statements Technical Criteria: 1) Experience in successful execution of similar projects in at least 2 Scheduled financial institutions i.e. installation, integration, implementation and maintenance of Reconciliation System for at least one year post warranty. The solution offered should be currently running successfully. 2) Cumulative value of the projects implemented KREP Contact Head of IT K-Rep Bank Head Offices K-Rep Center- Kilimani Po. Box Nairobi enquiries@k-repbank.com Tel : (+254) /1-7 Mobile (1) : (+254) /1-30 Mobile (2) : (+254) /1-30

4 2 ANNEXURE 1: Exhibits Of Formats For Submission 2.1 Exhibit 1: Format for Covering Letter [On the Letter head of the Applicant (Bidding Company) Date: To Managing Director K-Rep Bank Head Offices K-Rep Center- Kilimani Po. Box Nairobi, Kenya Ref: Installation, Integration, Implementation and Maintenance of Reconciliation System Sir, Being duly authorized to represent and act on behalf of. (hereinafter referred to as the Bidder ), and having reviewed and fully understood the evaluation criteria and information provided, the undersigned hereby apply in response to the EOI document for installation, integration, implementation and maintenance of Reconciliation System. We are enclosing our Expression of Interest with the details as per the requirements of the EOI document, for your evaluation. Yours faithfully, (Signature of Authorised Signatory) (Name, Title and Address)

5 2.2 Exhibit 2: Format for Power of Attorney for Signing of EOI Power of Attorney We.. (name of the firm and address of the registered office) do hereby irrevocably constitute, nominate, appoint and authorise Mr./ Ms son / daughter / wife of and presently residing at., who is presently employed with us/ the Lead Member of our firm and holding the position of., as our true and lawful attorney (hereinafter referred to as the Attorney ) to do in our name and on our behalf, all such acts, deeds and things as are necessary or required in connection with or incidental to submission of our application for pre-qualification and submission of our application for installation, integration, implementation and maintenance of Reconciliation System for K-Rep Bank including but not limited to signing and submission of all applications, bids and other documents and writings, participate in Pre-Applications and other conferences and providing information/ responses to the Bank, representing us in all matters before the Bank, signing and execution of all contracts including the Concession Agreement and undertakings consequent to acceptance of our bid, and generally dealing with the Authority in all matters in connection with or relating to or arising out of our bid for the said Project and/ or upon award thereof to us and/or till the entering into of the Concession Agreement with the Bank. AND we hereby agree to ratify and confirm and do hereby ratify and confirm all acts, deeds and things done or caused to be done by our said Attorney pursuant to and in exercise of the powers conferred by this Power of Attorney and that all acts, deeds and things done by our said Attorney in exercise of the powers hereby conferred shall and shall always be deemed to have been done by us. IN WITNESS WHEREOF WE,., THE ABOVE NAMED PRINCIPAL HAVE EXECUTED THIS POWER OF ATTORNEY ON THIS DAY OF. 2.. For.. (Signature, name, designation and address) Witnesses: 1. (Notarised) 2. Accepted (Signature) (Name, Title and Address of the Attorney)

6 Notes: The mode of execution of the Power of Attorney should be in accordance with the procedure, if any, laid down by the applicable law and the charter documents of the executant(s) and when it is so required, the same should be under common seal affixed in accordance with the required procedure. Wherever required, the Bidder should submit for verification the extract of the charter documents and documents such as a board or shareholders resolution/power of attorney in favour of the person executing this Power of Attorney for the delegation of power hereunder on behalf of the Bidder.

7 2.3 Exhibit 3: Description of the Bidder 1. Name, country of incorporation, address of the registered office, corporate headquarters, and its branch office(s), if any, in Kenya and date of incorporation and/or commencement of business. 2. Brief description of the Bidder including details of its main lines of business and proposed role and responsibilities in this Project. 3. Details of individual (s) who will serve as the point of contact / communication with K-REP Bank: Name Designation Company Address Telephone Number Address Fax Number Mobile Number 4. Name, Designation, Address and Phone Numbers of Authorised Signatory of the Bidder: Name Designation Company Address Telephone Number Address Fax Number Mobile Number

8 2.4 Exhibit 4: Financial Capability of the Bidder The Bidders would be evaluated for meeting the Evaluation Criteria as mentioned in snapshot of the EOI document. Such Applicants should provide their Networth details as indicated below. This is to be filled by the Bidder and certified by the Statutory Auditor. Name of Applicant Role of Applicant Net Worth (KES)* *As per audited annual financial statements of latest completed financial year The Applicant should provide the Financial Capability based on its own financial statements. Please attach the audited annual reports supporting the figures stated. General Instructions: 1. Net Worth (The definition of Net Worth shall be as below) Based on the type of the Applicant whether a company, partnership firm, etc. the net worth is defined as follows. a) In case of a company registered under Companies Act: Net worth shall mean the sum of subscribed and paid up equity share capital and reserves from which shall be deducted the sum of revaluation reserves, miscellaneous expenditure not written off and reserves not available for distribution to equity share holders. For the company = (Subscribed and Paid-up Equity + Reserves) less (Revaluation reserves + miscellaneous expenditure not written off + accrued liabilities). b) In case of a Partnership firm: Net worth shall mean the sum of Aggregate of partners' capital account and Reserves from which the aggregate of drawings by partners and aggregate of advances to partners shall be deducted. For Partnership Firm = Aggregate of partners' capital account + Reserves - Aggregate of drawings by partners - Aggregate of advances to partners 2. Notwithstanding anything to the contrary contained herein, in the event that the submission date of the EOI Application falls within three months of the closing of the latest financial year of an Applicant, it shall ignore such financial year for the purposes of its Application and furnish all its information and certification with reference to the 1 (one) year preceding its latest financial year. For the avoidance of doubt, financial year shall, for the purposes of an Application hereunder, mean the accounting year followed by the Bidder in the course of its normal business. 3. The Bidder shall provide the audited annual financial statements as required for this EOI. Failure to do so would be considered as a non-responsive bid. 4. The Bidder should clearly indicate the calculations and references in the financial statements in arriving at the above numbers in an attached worksheet.

9 5. This submission shall be certified by the statutory auditor. The independent auditor issuing the certificate should clearly indicate his/her membership number assigned by the ICPAK

10 2.5 Exhibit 5: Technical Capability of the Bidder The Bidder would be evaluated for meeting the Evaluation Criteria as mentioned in snapshot of the EOI document. Such Bidders should provide their technical qualification details as indicated below. S. Project Name Name of the Bidder Role of Bidder Scope of work of the Project Project Cost General Instructions: 1. The technical details should be duly supported by certificates from the respective clients. 2. Parameters Marked in Bold are Mandatory Preliminary Evaluation Parameters.