Invitation for Bids (IFB) for Supply of Core Banking System for Myanmar Economic Bank. Prebid Meeting 31 May 2017.




 

Modernization of Public Finance Management
Credit No. 54020-MM/Grant No. TF017910
IFB No: MPFMp-ICB-IS2S-C2-IS218
IFB Title: Supply, Implementation and Support of a CORE Banking System (CBS) and related linkages for Myanma Economic Bank.

1. The Government of the Republic of the Union of Myanmar has received financing in the amount of Credit for US$30 million from the World Bank and a Grant for US$25 million from UK and Australian governments towards the cost of Modernization of Public Finance Management Project (MPFMp) and it intends to apply part of the proceeds to payments under the agreement(s) resulting from this IFB: Supply, implementation and support of a CORE Banking System (CBS) and related linkages for Myanma Economic Bank.

2. The Ministry of Planning and Finance of the Republic of the Union of Myanmar as the implementing agency for the project now invites sealed bids from eligible Bidders for the Supply, implementation and support of a CORE Banking System (CBS) and related linkages for Myanma Economic Bank. Myanma Economic Bank serves as the implementing agency for the project and for the specification, customization, supply, implementation, commissioning and handover of the above system and linkages. The details of the scope of supply, implementation, and support for the CORE Banking System and related linkages are available in the bid document.

3. Bidding will be conducted using the International Competitive Bidding (ICB) Two stage Bidding 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 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 USD 7,500,000; and access to financial resources such as lines of credit, etc. of at least USD 1,000,000.

(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 CBS and components of the system and related linkages, and preferably at least one of them was in a developing country environment similar to that of Myanmar; such contract shall have the value greater than 50% of the value of the Bid. The Bidder shall also provide the name and contact information of the user. More information on qualification of bidders is specified in the bidding documents.

4. Interested eligible Bidders may obtain further information from Ministry of Planning and Finance of the Republic of the Union of Myanmar and inspect the bidding documents at the address given below from 09:30 – 12:30 and 13:30 – 16:30 hours, Monday to Friday, except pubic holidays. As an alternative, the set of bidding document may be sent to interested Bidders upon submission of a written application to Ministry of Planning and Finance of the Republic of the Union of Myanmar by email: mmt.budget@gmail.com, cc zawnaing652011@gmail.com, sukumarshep@gmail.com. A pre-bid meeting will be held on 31 May 2017 at 14.00 hours at the address mentioned in the bid document.

5. First stage bids must be delivered/submitted to the address below on or before 28 June 2017 at 14:00 hours Myanmar time. 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.

6. All bids must be accompanied by a Bid Securing Declaration in the format given in the Bid document.

7. Address for bid submission:
Attention: Mr Zaw Naing
Address: Ministry of Planning and Finance, Building Number (26),Nay Pyi Taw, Myanmar

Source: Ministry of Planning and Finance

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