Issuance of RFP to shortlisted Bidders Please refer to the invitation for Expression of Interest (EOI) for Implementation of Next Generation Treasury Application (NGTA), released on the RBI website https://rbi.org.in on October 1, 2020. In this context, Corrigendum containing the following changes to the abovementioned EOI is uploaded herewith. 1. Section 10 (MINIMUM ELIGIBILTY CRITERIA OR PRE-QUALIFICATION CRITERIA) - Criteria 1: Minimum Eligibility Criteria for Prime Bidder - page 29 and 30 | Sr No | Broad Category | Minimum Eligibility Criteria Existing | Minimum Eligibility Criteria Revised | | 2. | Minimum Annual Turnover | The Prime Bidder should have a minimum annual turnover of at least Rs. 475 crores, in each of the last three applicable financial years. (i.e. 2017-18, 2018-19 & 2019-20). | The Prime Bidder should have a minimum annual turnover of at least Rs. 475 crores, in each of the last three applicable financial years. (i.e. 2017-18, 2018-19 & 2019-20).
Note: Micro & Small Enterprises (MSE) units and Start-ups have been provided relaxation in prior turnover subject to meeting of quality and technical specifications of the EOI, in accordance with the relevant provisions of GFR. Bidders from this category should submit supporting documents issued by competent Government bodies to become eligible for the above exemption. | | 3. | Experience in implementation of financial application and Treasury Management Solution in the Banking, Financial services and Insurance (BFSI) sector | Prime Bidder should have at least 10 financial application implementations in BFSI sector, out of which minimum 3 should be treasury management solution of which minimum one should be proposed TMS.
Out of the above 10 implementations,
1) at least 1 implementations should have the project cost of more than Rs. 75 crores.
OR
2) at least 2 implementations should have the project cost of more than Rs. 50 crores each.
OR
3) at least 3 implementations should have the project cost of more than Rs. 25 crores each.
Note: These installations should be currently live and should have been live at least on or before January 1, 2020. | Prime Bidder should have at least 10 financial application implementations in BFSI sector, out of which minimum 3 should be treasury management solution of which minimum one should be proposed TMS.
Out of the above 10 implementations,
1) at least 1 implementations should have the project cost of more than Rs. 75 crores.
OR
2) at least 2 implementations should have the project cost of more than Rs. 50 crores each.
OR
3) at least 3 implementations should have the project cost of more than Rs. 25 crores each.
Note 1: These installations should be currently live and should have been live at least on or before March 31, 2020.
Note 2: Micro & Small Enterprises (MSE) units and Start-ups have been provided relaxation in project costs subject to meeting of quality and technical specifications in accordance with the relevant provisions of GFR. Bidders from this category should submit supporting documents issued by competent Government bodies to become eligible for the above exemption. | | 4. | Industry Certifications | The Prime Bidder should be having CMM level 3 and above and / or ISO 9001 / 27001 valid certificate. | Criteria has been dropped. | 2. Section 10 (MINIMUM ELIGIBILTY CRITERIA OR PRE-QUALIFICATION CRITERIA) - Criteria 2: Minimum Eligibility Criteria for OEM - page 31 | Sr No | Broad Category | Minimum Eligibility Criteria Existing | Minimum Eligibility Criteria Revised | | 1. | Minimum Annual Turnover | The OEM should have a minimum annual turnover of at least Rs. 475 crores in each of the last three applicable financial years. (i.e. 2017-18, 2018-19 & 2019-20). | The OEM should have a minimum annual turnover of at least Rs. 475 crores in each of the last three applicable financial years. (i.e. 2017-18, 2018-19 & 2019-20).
Note: Micro & Small Enterprises (MSE) units and Start-ups have been provided relaxation in prior turnover subject to meeting of quality and technical specifications of the EOI, in accordance with the relevant provisions of GFR. Bidders from this category should submit supporting documents issued by competent Government bodies to become eligible for the above exemption. | | 2. | Proposed treasury management software deployment details in the Banking, Financial services and Insurance sectors | The proposed Treasury Management Solution should have been deployed:
I. In at least 3 central banks worldwide.
Or
II. In at least 10 Banking, Financial services and Insurance sectors worldwide.
Note: These deployments should be currently live and should have been live at least on or before January 1, 2020. | The proposed Treasury Management Solution should have been deployed:
I. In at least 3 central banks worldwide.
Or
II. In at least 10 Banking, Financial services and Insurance sectors worldwide.
Note: These deployments should be currently live and should have been live at least on or before March 31, 2020. | | 3. | Industry Research Report | The proposed solution should appear in the latest Gartner's Magic Quadrant or Forrester wave or other similar credible report of Treasury Management solutions. | The criteria has been dropped. | 3. Section 12 (EVALUATION OF EOI) – EOI Evaluation Table – Credentials and SI & OEM Collaboration Capability - page 35 and 36 | Evaluation Category | Existing | Revised | | Prime Bidder’s experience of implementing Treasury Management Solutions across Central Banks or BFSI | Note: These installations should be currently live and should have been live at least on or before January 1, 2020. | Note: These installations should be currently live and should have been live at least on or before March 31, 2020. | | OEM’s proposed Treasury Management Solutions deployment across Central Banks or BFSI | Note: These installations should be currently live and should have been live at least on or before January 1, 2020. | Note: These installations should be currently live and should have been live at least on or before March 31, 2020. | | SI & OEM worked together in implementing proposed TMS | Note: These installations should be currently live and should have been live at least on or before January 1, 2020. | Note: These installations should be currently live and should have been live at least on or before March 31, 2020. | | OEM’s proposed Treasury Management Solutions deployment across Central Banks or BFSI | Note: These installations should be currently live and should have been live at least on or before January 1, 2020. | Note: These installations should be currently live and should have been live at least on or before March 31, 2020. | All other provisions and terms and conditions of the EOI remain unchanged. Interested parties may also refer to the response to the pre-bid queries. Chief General Manager-in-Charge
Department of External Investments and Operations | |