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THE CENTRAL BANK OF SEYCHELLES has floated a tender for Development and Implementation of a Credit Information System. The project location is Seychelles and the tender is closing on 25 May 2021. The tender notice number is , while the TOT Ref Number is 52265280. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country : Seychelles
Summary : Development and Implementation of a Credit Information System
Deadline : 25 May 2021
Other Information
Notice Type : Tender
TOT Ref.No.: 52265280
Document Ref. No. :
Competition : ICB
Financier : Self Financed
Purchaser Ownership : -
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
Request for proposals are invited for Development and Implementation of a Credit Information System
SCOPE OF SERVICES
The Scope of Services to be provided includes:
• The prospective Vendor must be capable of developing and implementing a scalable and modular CIS, which would allow for an appropriately priced solution that is in line with international best practices. The solution must have the potential to incorporate more sophisticated features in the subsequent phases of the CIS development in line with the market needs of Seychelles.
• The Vendor will be required to transfer knowledge on technical management of a CIS and provide guidance on maintaining business continuity measures, backup for disaster recovery site and transferring data from the system to an external archive.
• The system must be capable of processing positive and negative data sourced via APIs (or other easy to implement interfaces) from banks, credit unions, non-bank financial institutions, and other non-bank creditors (leasing, public sector lenders, telecommunication companies, utilities, micro-finance institutions etc.). Initially the CIS will serve Commercial Banks, Development Bank of Seychelles, Seychelles Credit Union, Housing Finance Company, and will eventually be extended to include other credit data providers including fintech companies, state owned enterprises, hire purchase providers, credit sales and financial leasing companies, insurance companies and other potential data providers. Initial data inputs will include positive and negative information on all credit facilities. It is anticipated that over time, the CIS will include other value-added data.
• In addition, the system should be able to provide aggregated data in the form of reports, for use by CBS in its function as regulator of the financial system. This will assist the CBS in undertaking its institutional functions, such as macro and micro prudential supervision, financial stability, monetary policy, statistical analysis, research and other key financial system regulator objective
Milestone Date
Release of RFP Tuesday April 13th, 2021
Submission for Intent to Bid (Annex v) Tuesday April 27th, 2021
Deadline for questions Tuesday May 4th, 2021
Release of answers to questions Tuesday May 11th, 2021
Deadline for proposals Tuesday May 25th, 2021 at 3pm
Opening of Technical Bids (Immediately after deadline for submission of proposal) Tuesday May 25th, 2021
Decision made and respondents informed of the outcome Tuesday September 7th, 2021
Contract signed and exercise start Thursday October 14th, 2021
End of the exercise Friday December 30th, 2022
Documents
Procurement Documents for Seychelles
Access a comprehensive library of standard procurement documents specific to Seychelles. Here, you'll find all the essential forms, guidelines, and templates required for tender applications and submissions in Seychelles
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