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News

 
   
Automated Transfer System (ATS)

Country: Yemen
Project Id: P132311
Project Name: RY-Financial Infrastructure Project
Loan Info.: IDA H8700

General Information

Notice Type

Invitation for Bids

Borrower Bid Reference

IFB no. FIDP–ICB-2/2014

Bid Description

Supply, implementation and support of an Automated Transfer System (ATS), a Central Securities Depository (CSD) and related linkages for the Central Bank of Yemen

Language of Notice

English

Deadline for Application Submission Date

02-Jul-2014

 

 

Selected category codes for product to be procured

No.

Category Code

Description

Primary

Contact Information on Advertisement

Organization/Department

Central Bank of Yemen

Name

Dr. Mohammed Assyani

Title

Vice Governor

Address

P.O. Box: 59

City

Sana’a

Province/State


Postal Code


Country


Phone

967129851

Fax


Email

FIDP@centralbank.gov.ye

Website


 

Detailed Information for Advertisement

 



Invitation for Bids (IFB)

 

Republic of Yemen

 Infra-Structure Development Project Grant No: IDA- H8700  , Project ID: P132311

 

IFB Title: Supply, implementation and support of an Automated Transfer System (ATS), a Central Securities Depository (CSD) and related linkages for the Central Bank of Yemen

IFB no. FIDP–ICB-2/2014

1.         This Invitation for Bids (IFB) follows the General Procurement Notice (GPN) for this project that appeared in Development Business, on March 28, 2013.

2.         The Government of the Republic of Yemen has received a grant from the International Development Association toward the cost of the Financial Infrastructure Development Project and it intends to apply part of the proceeds of this grant to payments under the agreement(s) resulting from this IFB: Supply, Implementation and Support of an Automated Transfer System (ATS), a Central Securities Depository (CSD), and related linkages for the Central Bank of Yemen (CBY).

3.         The Central Bank of Yemen now invites sealed bids from eligible bidders for the project Supply, Implementation and Support of an Automated Transfer System (ATS), a Central Securities Depository (CSD) and related linkages for CBY. The Central Bank of Yemen serves as the implementing agency for the project and for the specification, customization, supply, implementation, commissioning and handover of the above system and linkages, to include:

1.                Supply of integrated packaged software to cover the required functionality of the ATS and CSD components of the system;

2.                Sizing, supply, and installation of the required processing capacity (hardware), system software, middleware and associated system management tool set;

3.                Confirmation/specification of user requirements and documentation of technical functionality;

4.                Development, testing, integration and implementation of the required application software functionality and linkages;

5.                Provision of remote participant facilities for system participants, and integration of the application software with participants' in-house systems as applicable;

6.                Linkages to other systems at external institutions as specified in Section VI (Technical Requirements);

7.                A high level of consulting services to assist the Purchaser and Participants with the business aspects of introducing the systems, including activities such as developing operating rules and procedures and the pricing model for system usage;

8.                Full implementation services including installation, testing, documentation, training, commissioning and handover, and integration with existing ICT environments at participating institutions as necessary;

9.                High level of support availability in the 3 months post going LIVE, through presence on-site or other equivalent means;

4.         Bidding will be conducted using the International Competitive Bidding (ICB) procedures specified in the World Bank's Guidelines: Procurement under IBRD Loans and IDA Credits and is open to all Bidders from eligible source countries as defined in the Guidelines that meet the following minimum qualification criteria:

(a)   Bidder's Financial Capability

The Bidder shall furnish documentary evidence that it meets the following financial requirement(s): average Annual Turnover within the last three (3) years of not less than 3,000,000 USD; and access to financial resources such as lines of credit, etc. of at least 500,000 USD.

(b)   Bidder's Experience and Technical Capacity

During the past five (5) Years, the Bidder must have completed at least two (2) successful contracts involving the supply, implementation and support of an integrated payments processing system comprising ATS and CSD elements, with external straight-through processing (STP) linkages processing both high value/high priority (RTGS) and low value/bulk (direct credits, direct debits and cheque truncation) payments, to at least five commercial banks and the Ministry of Finance (or equivalent institution), preferably in a post-conflict environment;

(c)    Bidder's Legal Requirements

The Bidder shall be legally registered in its country of origin.

(d)   Minimum required experience of proposed staff

The Bidder must have on its current staff at least one key person in each of the following specialist areas involved in the project:

1.      Solution architecture

2.      Application software specification and design

3.      Software development and testing

4.      Systems integration

5.      Real Time Gross Settlement applications

6.      Low value and bulk payment processing systems

7.      Cheque truncation

8.      Securities Depository and Settlement applications

9.      Data base design and administration

10.   Training of non-technical end-users.

11.   Training of non-technical end-users.

Each key person should meet the following minimum requirements:

1.           At least ten years in the information systems/payment industry, with the last five years in the particular specialist area 

2.           At least the last three years of industry experience in a management/team leadership capacity.

The project manager nominated by the bidder should have at least ten years relevant industry experience, the last five of which should have included project management responsibility for staff over extended periods involving the development, implementation, operation and support of integrated banking/payment systems.

In the case of a Joint Venture, the financial figures for each partner shall be added together to determine the Bidder's compliance with the minimum qualification criteria for financial and technical capability. However for a Joint Venture to qualify, each of its partners must meet at least 25 percent of the minimum criteria for financial capability and the partner in charge at least 50 percent.

Regarding experience and technical capability, each Joint Venture member must by itself have completed at least 1 (one) successful contract involving exercise of the skills for which it has been included in the Joint Venture, preferably concerning the supply, implementation and support of an integrated payments processing system comprising ATS and CSD elements, of similar functional/technical characteristics and of a comparable scale. The partner in charge must fulfill the criteria in 4 (b) above.

Failure to comply with these requirements shall result in rejection of the Joint Venture's bid. Subcontractors' experience and resources shall not be taken into consideration.

5.       A pre-bid telephone conference audio/vc call will be held which may be attended by potential bidders.  The planned date of the telephone conference is May 28, 2014.

6.         Interested eligible bidders may obtain further information from the Central Bank of Yemen (CBY) and inspect the bidding documents at the address given below from 9:00 hrs to 13:00 hrs on any working day from Sunday to Thursday except public holidays.

A complete set of bidding documents in English will be provided by email in response to bidder request. Prior registration by email is required for attending the pre-bid telephone conference, . In case of any other questions or problems, interested bidders may contact CBY at the e-mail address below.

7.         A two-stage bidding process will be used which will proceed as follows:

(a)        The first stage bid will consist of a technical bid only, without any reference to prices, but including a list of any deviations to the technical and commercial conditions set forth in the bidding documents, and a justification therefor, always provided that such deviations do not change the essential requirements specified in the bidding documents.  Following the evaluation of first stage bids, a Bidder that adequately meets the minimum acceptable qualification criteria and has submitted a sufficiently technically responsive bid may be invited to attend a clarification meeting(s), during which the Bidder's bid will be reviewed.  Any required bid-specific changes, additions, deletions and other adjustments will be noted and recorded in a memorandum, or, if amendments are of a general nature, will be promulgated via an addendum to the bidding documents.  Bidders may not be invited to submit second stage bids, if their first stage bids contain departures from the requirements in such numbers or of such nature that making the bids fully responsive in the remaining time for the two-stage process cannot reasonably be expected.  All other suitably qualified and eligible Bidders, however, shall receive invitations to submit second stage bids.

(b)        The second stage bid will consist of: (i), the updated technical bid incorporating all changes required as recorded in the bidder-specific memorandum, and/or as necessary to reflect any Addenda to the bidding documents issued subsequent to the first bidding-stage; and (ii), the commercial bid.

8.         First stage bids must be delivered/submitted to the address below on or before Wednesday, July 2, 2014.

Electronic submission of bids is not allowed. Late bids will be rejected.  Bids will be opened immediately thereafter in the presence of the Bidders' representatives who choose to attend at the address below.

9.         The attention of prospective Bidders is drawn to the fact that (i) they will be required to certify in their bids that all software either is covered by a valid license or was produced by the Bidder and (ii) violations are considered fraud, which can result in ineligibility to be awarded World Bank-financed contracts.

 

Address for bid submission: Attn: Dr. Mohammed Assyani

Vice Governor, Central Bank of Yemen

Ali Abdulmoghni street

P.O.  Box: 59

Sana'a,  Republic of Yemen

Phone: +967129851 or +967 1 274 365 or +967 1 297 861

Fax: +9671274163 or +967 1 297 856

Email: FIDP@centralbank.gov.ye

Or : ialnahari@gmail.com

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