Hiring of Agency for IT Projects - Milestone Basis
Hiring of Agency for IT Projects- Milestone basis
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Tender Title: Hiring of Agency for IT Projects - Milestone Basis
Tender Reference Number: 9a1415cc
Issuing Authority/Department:
Department of Financial Services, Ministry of Finance
This tender is issued for the Hiring of Agency for IT Projects that will be carried out on a milestone basis. The successful contractor will be tasked with undertaking various technology and IT services to support the operations and goals of the Department of Financial Services. The work involved will directly contribute to effective government initiatives and financial services.
Scope of Work and Objectives
The primary objective of this tender is to identify a suitable agency specialized in IT project management and execution. The agency will provide comprehensive services that may include, but are not limited to, project planning, technical development, testing, implementation, and maintenance of IT solutions. The scope will also cover milestone-based deliverables, ensuring that the agency meets specified deadlines and performance criteria.
Eligibility Criteria
Firms interested in bidding for this tender must meet the following eligibility requirements:
- Registration as a legal entity in accordance with local laws.
- Possession of necessary certification that meets relevant industry standards.
- Proven track record of successful completion of IT projects, preferably in the governmental sector.
- Availability of qualified human resources and technical expertise to effectively carry out the required services.
Technical Requirements
Bidders must adhere to specific technical requirements that include:
- Familiarity with current IT practices, project management methodologies, and tools.
- Ability to document and present deliverables in an organized manner.
- Experience working with government contracts and understanding compliance requirements.
- Demonstration of quality assurance processes and metrics utilized in previous projects.
Financial Requirements
All bidders must provide a comprehensive financial proposal, detailing the budget required for fulfilling the contract, including costs associated with each milestone. Financial viability must be demonstrated through:
- Submission of audited financial statements for the last three fiscal years.
- A letter of credit or bank guarantee should be provided as per the requirements outlined.
Document Submission Details
All bidding documents must be submitted electronically through the designated platform. Key components include:
- Completed bid application form.
- Technical proposal in line with the requirements outlined.
- Financial proposal detailing all costs.
- Certificates and registrations as required by the eligibility criteria.
Special Provisions
The tender also includes provisions for Micro, Small, and Medium Enterprises (MSEs) and startups to encourage participation from smaller firms. These provisions may include relaxed criteria and support measures to promote fair competition.
Evaluation Process
Bids will be evaluated using a predefined scoring system that takes into account technical proficiency and financial proposals. An evaluation committee from the Department of Financial Services will review all submissions, with aim to ensure that the best value and quality of service is awarded.
Delivery Locations
The primary location for project delivery will be determined based on project requirements and client needs, predominantly within the jurisdiction of the Department of Financial Services.
Contact Information
For queries related to this tender, please refer to the official communications from the Department of Financial Services. Ensure all inquiries are directed to the channels specified in the tender documents for accurate and timely responses.
This tender presents a significant opportunity for qualified agencies looking to contribute to the enhancement of IT services in government operations. Interested firms are encouraged to thoroughly review the requirements and submit their bids accordingly.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
8 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
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Frequently Asked Questions
The eligibility requirements include being a registered entity, possessing relevant certifications, and demonstrating a proven track record in handling similar IT projects, specifically in governmental sectors.
Bidders must adhere to established technical specifications that include knowledge of current IT practices, relevant project management tools, and compliance with industry quality standards to ensure project success.
Successful bidders must submit details about their proposed payment terms within their financial proposal, and a performance security may be required as a guarantee of compliance with project milestones and deliverables.
Bids should be submitted electronically through the designated tender platform. Accepted document formats typically include PDF and other electronic forms as specified in the tender documentation.
There are specific provisions to support Micro, Small, and Medium Enterprises (MSEs), including relaxed criteria for participation, aimed at promoting inclusivity and encouraging small businesses to engage in government contracts.
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