Request for Proposal for OD Exercise for RMA · This Request for Proposal (RFP) has been addressed...
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REQUEST FOR PROPOSAL CONSULTING SERVICES FOR ORGANISATIONAL DEVELOPMENT ROYAL MONETARY AUTHORITY OF BHUTAN NOVEMBER 16, 2015
Transcript of Request for Proposal for OD Exercise for RMA · This Request for Proposal (RFP) has been addressed...
REQUEST FOR PROPOSAL
CONSULTING SERVICES FOR ORGANISATIONAL DEVELOPMENT
ROYAL MONETARY AUTHORITY OF BHUTAN
NOVEMBER 16, 2015
LIST OF ACRONYMS
RMA Royal Monetary Authority
OD Organizational Development
RFP Request For Proposal
TOR Terms of Reference
CV Curriculum Vitae
CQ Consultant Qualifications
LOI Letter of invitation
Table of Contents
Section 1: Letter of Invitation .................................................................................... 1
2. PROPOSAL EVALUATION ............................................................................................... 3
FINANCIAL PROPOSAL ..................................................................................................... 5
3. GENERAL TERMS AND CONDITIONS ................................................................................ 6
3.1. AWARD .............................................................................................................. 6
3.2. CONTACTS AND CLARIFICATIONS ............................................................................... 6
3.3. COST OF BIDDING ................................................................................................ 6
3.4. RESERVATION OF RIGHTS ........................................................................................ 8
3.5. PERIOD OF VALIDITY OF PROPOSAL ........................................................................... 8
3.6. ADDENDA TO RFP ................................................................................................. 8
3.7. PRICE QUOTATIONS .............................................................................................. 9
3.8. CONTRACTUAL REQUIREMENT ................................................................................. 9
3.9. LIQUIDATED DAMAGES ........................................................................................... 9
3.10. SCHEDULE OF PAYMENT ........................................................................................ 9
3.11. CONSULTANT’S DESIGNATED CONTACT ................................................................... 10
3.12. SUBMISSION OF RESPONSES TO THE RFP ................................................................ 10
3.13. TIMELINE/ SCHEDULE OF EVENTS .......................................................................... 10
3.14. BID SECURITY .................................................................................................... 11
3.15. PERFORMANCE SECURITY ..................................................................................... 11
3.16. TAX DEDUCTED AT SOURCE (TDS) .......................................................................... 12
3.17. LICENSE AND PERMIT .......................................................................................... 12
4. PROPOSED PROJECT SCHEDULE .................................................................................... 12
5. PROJECT TEAM ..................................................................................................... 12
6. FINANCIAL STATEMENT .............................................................................................. 13
TERMS OF REFERENCE (TOR) ......................................................................................... 14
TECHNICAL PROPOSAL-‐ STANDARD FORM ........................................................................ 16
FINANCIAL PROPOSALS – STANDARD FORM ...................................................................... 17
REQUEST FOR PROPOSALS
Project Name: Organisational Development Exercise
Procuring Agency: Royal Monetary Authority of Bhutan
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Section 1: Letter of Invitation
Dear Sir,
The Royal Monetary Authority invites proposals to conduct Organisational Development
Exercise. The expected timeline of the consultancy work is 60(Sixty) days from the date of
award of the work. More details on the services are provided in the RFP and TOR
This Request for Proposal (RFP) has been addressed to the following shortlisted Consultants:
1. M/s Norlha Engineering and Management Consultancy
2. M/s AMJ Business Research & Consultancy
3. M/s Institute for Management Studies (IMS)
A Consultant will be selected under Quality and Cost-based Selection (QCBS) and procedures
described in this RFP, in accordance with the existing Procurement Rules and Regulations of the
Royal Government of Bhutan. It is not permissible to transfer this invitation to any other firm.
The Proposals are to be submitted at the latest by 2:30 pm on 14/12/2015 and the Technical
Proposals will be opened on the same day at 3:00 pm.
The procedural requirements for responding to this invitation are provided in the complete RFP
document, which includes the following:
Section 1 - Letter of Invitation
Section 2 - Instructions to Consultants
Section 3 - Technical Proposal – Standard Form
Section 4 - Financial Proposal – Standard form
Section 5 - Terms of Reference
Please inform us in writing at the following address:
a. that you received this Letter of Invitation and RFP.
b. whether or not the consultant will submit the proposal.
Attention:
Director
Administration and Finance Department
Royal Monetary Authority
Post Box No. 154
Thimphu
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INSTRUCTIONS TO CONSULTANTS
DEFINITIONS:
a) Consultant: An individual or a legal entity entering into a Contract to provide the
required Consulting Services
b) Consulting Services: Expert services of a professional and/or intellectual nature,
provided by the Consultant based on specialized expertise and skills, in areas including,
but not limited to, preparing and implementing projects, conducting training, providing
technical assistance, conducting research and analysis, preparing designs, supervising
the execution of construction and other works, undertaking studies, advising Procuring
Agencies, building capacity, preparing tender documents, supervising procurement, and
others.
c) Instructions to Consultants: The document which provides the shortlisted Consultants
with all the information needed to prepare their Proposals.
d) In Writing: Communicated in written form (e.g. by mail, electronic mail, fax, telex)
with proof of receipt.
e) LOI: The Letter of Invitation being sent by the Procuring Agency to the shortlisted
Consultants.
f) Proposal: The Technical Proposal and the Financial Proposal.
g) RFP: The Request for Proposal to be prepared by the Procuring Agency for the
selection of Consultants
h) Services: The work to be performed by the Consultant pursuant to the Contract.
i) Terms of Reference(TOR): The document included in the RFP which defines the
objectives, goals, scope of work, activities, tasks, responsibilities of the Procuring
Agency and the Consultant, required outputs and results of the assignment, as well as
background information (including a list of existing relevant studies and basic data) to
facilitate the Consultants’ preparation of their proposals.
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INTRODUCTION
1.1 The Procuring Agency will select the Consultant from those listed in the Letter of Invitation
in accordance with the method of selection specified in the RFP.
1.2 The shortlisted Consultants are invited to submit a Technical Proposal and a Financial
Proposal, for Consulting Services required for conducting Organizational Development
Services. The Proposal will be the basis for contract negotiations and ultimately for a signed
Contract with the selected Consultant.
1.3 The Procuring Agency will provide in timely fashion and at no cost to the Consultant the
inputs and facilities, and make available relevant data and reports.
Consultants shall bear all costs associated with the preparation and submission of their proposals
and contract negotiation. The Procuring Agency is not bound to accept any proposal, and
reserves the right to annul the selection process at any time prior to Contract award, without
thereby incurring any liability to the Consultants
2. PROPOSAL EVALUATION
A two-stage evaluation procedure will be adopted in evaluating the proposals:
i. a technical evaluation, which will be carried out prior to opening any financial proposal;
ii. a financial evaluation.
The shortlisted consultants are required to submit a technical and a financial proposal. The
original and all copies of the Technical Proposal shall be placed in a sealed envelope clearly
marked “TECHNICAL PROPOSAL” Similarly, the original Financial Proposal shall be placed
in a sealed envelope clearly marked “FINANCIAL PROPOSAL” followed by the name of the
assignment, and with a warning “DO NOT OPEN WITH THE TECHNICAL PROPOSAL.”
The envelopes containing the Technical and Financial Proposals shall be placed into an outer
envelope and sealed. This outer envelope shall bear the submission address and title of the
assignment, and be clearly marked “CONFIDENTIAL – DO NOT OPEN, EXCEPT IN THE
PRESENCE OF THE APPOINTED OPENING OFFICIAL(S), BEFORE [insert the time and
date of the submission deadline]”. The Procuring Agency shall not be responsible for
misplacement, loss or premature opening if the outer envelope is not sealed and/or marked as
stipulated. This circumstance may be case for Proposal rejection. If the Financial Proposal is not
submitted in a separate sealed envelope duly marked as indicated above, this will constitute
grounds for declaring the Proposal non-responsive.
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Consultants will be ranked using combined technical/financial score, as detailed below.
EVALUATION TO BE CONFIDENTIAL
• Immediately after the closing date and time for submission of Proposals any envelopes
marked “Withdrawal” and accompanied by a properly authorized withdrawal notice shall be
put aside, and stored safely and securely ready for return to the Consultant.
• The Procuring Agency then shall open all remaining Technical Proposals, including any
substitutions accompanied by a properly authorized substitution notice. The Financial
Proposals shall remain sealed and securely stored.
• From the time the Proposals are opened to the time the Contract is awarded, the Consultant
shall not contact the Procuring Agency on any matter related to its Technical and/or
Financial Proposal. Any effort by any Consultant to influence the Procuring Agency in the
examination, evaluation, ranking of Proposals, and recommendation for Award of Contract
may result in the rejection of the Consultant’s Proposal.
• After the opening of Proposals, information concerning the Proposal documents or any part
of the contents thereof shall not be released to any person or party that is not a member of
the Proposal Evaluation Committee.
• The evaluation proceedings shall be kept confidential at all times until the award of Contract
is announced.
• Evaluators of Technical Proposals shall have no access to the Financial Proposals until the
technical evaluation is completed.
TECHNICAL PROPOSAL
The evaluation committee appointed by the Procuring Agency shall evaluate the Technical
Proposal on the basis of their responsiveness to the Terms of Reference and RFP, applying the
evaluation criteria, sub-criteria and on the subjective assessment of each of the element of the
bidder’s responses. Each responsive proposal will be attributed a technical score.
i. Consultant’s experience in Finance and/or Banking, with experience in OD;
ii. Evaluation of Proposed Staff & Qualifications;
iii. Description of the OD Approach, Methodology and Work Plan for Performing the
Assignment;
iv. Deliverables (Standards, Procedures and Reports etc.);
v. Comments and Suggestions on the TOR;
vi. Company Profile & Financial Reporting; and
vii. Awards / Certification/Client References/Partnership/Alliances;
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FINANCIAL PROPOSAL
After the technical evaluation is complete, the Financial Proposals shall be opened publicly in the
presence of the Consultants’ representatives who choose to attend. The evaluation committee will
determine if the financial proposals are complete and without any computational errors. The
financial bid score will consist 40% of the total evaluation score. The lowest evaluated financial
bidder will be awarded 40% directly.
Overall Score: Proposals will be ranked according to their combined technical [60%] and financial
[40%] scores using the following formula:
𝐸 =𝐹1𝐹
∗ 40 + 𝑇𝑇ℎ
∗ 60
Where
E = total score for the vendor response (combining technical and financial bids)
F = financial bid quoted by a particular vendor
Fl = lowest of all evaluated bid prices among the responsive Consultants
T = technical score awarded to a particular vendor
Th = technical score of a vendor who scored highest among the responsive Consultants
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3. GENERAL TERMS AND CONDITIONS
3.1. AWARD
The Procuring Agency reserves the right to award the contract to the best vendor without
necessarily holding discussion with other Consultants that submitted a response to the RFP.
Therefore, your proposal must be submitted initially on the most favourable terms possible from
a pricing, services coverage and delivery standpoint.
3.2. CONTACTS AND CLARIFICATIONS
Should there be any clarifications concerning RFP, the prospective bidder shall notify the same
to RMA in writing. The time for clarifications shall be extended till the deadline for submission
of bids.
In an effort to maintain consistency and uniformity in responding to questions concerning the
RFP, Consultants are encouraged to direct all the questions to:
Mr. Yeshey Dorji
Asst. HR Officer, Royal Monetary Authority
Chhophel Lam, Kawajangsa
Thimphu, Bhutan.
Phone: +975-2-323110 (O) +975-17684781 (M)
Email: [email protected]
Copies of the response, where appropriate, shall be forwarded to all the Consultants. No other
source of information shall be considered an authorized expression of the Procuring Agency.
3.3. COST OF BIDDING
All costs incurred by the Bidder in responding to this Request for Proposal, including cost for
embarking on Procuring Agency reference will be entirely borne by the Bidder.
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3.4. CONTRACT NEGOTIATIONS
After the selection of the highest-ranking bidder, the Procuring Agency may enter into following
negotiations with the consultant for purpose of signing a contract with respect to the proposed
consultancy services.
• TECHNICAL NEGOTIATIONS
The Procuring Agency may enter into Technical and Financial Negotiations. The Technical
negotiations will include a discussion of the Technical Proposal, the proposed technical
approach and methodology, work plan, organization and staffing, any suggestions made by the
Consultant to improve the Terms of Reference. The Procuring Agency and the Consultant will
finalize the Terms of Reference, staffing schedule, work schedule, logistics and reporting.
• FINANCIAL NEGOTIATIONS
If applicable, the Procuring Agency may enter into financial negotiations with the highest-
ranking consultant.
If negotiations fail, the Procuring Agency shall inform the Consultant in writing of the reasons
for termination of the negotiations and then shall invite the Consultant whose Proposal received
the second highest combined technical and financial score to negotiate a Contract. Once
negotiations commence with the second ranked Consultants the Procuring Agency shall not
reopen the earlier negotiations.
3.5. AVAILABILITY OF PROFESSIONAL STAFF/ EXPERTS
Having selected the Consultant on the basis of, among other things, an evaluation of proposed
Professional staff, the Procuring Agency may negotiate a Contract on the basis of the
Professional staff named in the Proposal. Before contract negotiations, the Procuring Agency
will require assurances that the Professional staff will actually be available. If this is not the case
and if it is established that Professional staff were offered in the proposal without confirming
their availability, the Consultant may be disqualified. Any proposed substitute shall have
equivalent or better qualifications and experience than the original candidate and be submitted
by the Consultant within the period of time specified in the letter of invitation to negotiate.
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3.4. RESERVATION OF RIGHTS
The Procuring Agency reserves the right to:
i. Accept or reject any Bid, in part or in full, and to annul the bidding process and reject all
Bids at any time prior to Contract award
ii. Accept the bid(s) that is/are in the best interest of the Procuring Agency
iii. Accept other than the lowest quoted price
iv. Cancel the project at any time prior to the signing of the contract without assigning any
reasons thereof. The Procuring Agency has no obligation to explain to unsuccessful
Consultants the reasons for not proceeding with the contract.
The Procuring Agency bears no responsibilities to issue a contract. All responses and
correspondences remain the property of the Procuring Agency. In the event a contract is agreed
upon, responses to RFP may be referenced, in whole or in part, and considered binding.
Proposals, which, in the sole judgment of the Procuring Agency, are incomplete or considered
non-responsive may be rejected.
3.5. PERIOD OF VALIDITY OF PROPOSAL
Proposals are valid for six months from the closing date of submission of proposals and the
Procuring Agency reserves the right to extend for an additional period of thirty (30) days with
the same terms and conditions.
3.6. ADDENDA TO RFP
• The Procuring Agency may amend or modify the RFP Documents by issuing addenda, for
any reason, and at any time prior to the deadline for submission of proposal. Any addenda
to the RFP Documents shall be part of the RFP Document.
• All Consultants will be notified of the addenda to the RFP through e-mail and in writing
and it shall be binding on the prospective Consultants.
• To allow Consultants reasonable time to take any addenda into account in preparing their
proposal, the Procuring Agency will extend, if necessary, the deadline for the submission
of proposal.
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3.7. PRICE QUOTATIONS
All quotations should be final, not estimates. Consultants should state clearly that the quotations
include all costs. Consultants may be invited for further negotiations on their quoted bids.
However, invitation for further negotiations does not in any way imply a successful bid or
intention by the Procuring Agency to award the bid to the Bidder.
The Bidder should quote the rates in Ngultrum Only.
3.8. CONTRACTUAL REQUIREMENT
Consultants are requested to indicate their acceptance of each of the following terms and
conditions, and would be expected to include the following provisions:
• Confidentiality of details of the proposed services
• Timeliness, covered by, for example, liquidated damages
• Guaranteed availability of proposed key staff
• Successful completion of implementation
3.9. LIQUIDATED DAMAGES
The Bidder shall be liable to pay liquidated damages at the rate of zero point one (0.1%) percent
of the Contract Price for every day of delay. The aggregate liquidated damages, payable by the
Bidder shall not exceed 10% of the Contract Price.
3.10. SCHEDULE OF PAYMENT
The payment to the bidder shall be as follows:
i. Ten Percent [10%] of the Contract Amount shall be paid upon signing the Contract and
upon submission of the Bank Guarantee for the same.
ii. Twenty Percent [20%] of the Contract amount shall become payable on the submission
of the Inception Report;
iii. Twenty Percent [20%] of the Contract Amount shall become payable on the
submission of the Draft Final Report;
iv. Fifty Percent [50%] of the Contract Amount shall become payable on the submission
and acceptance of the Final Report.
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The Procuring Agency shall refund the performance security deposit/ bank guarantee after the
completion of the assignment.
3.11. CONSULTANT’S DESIGNATED CONTACT
The respondent should identify the name, title, address, telephone, fax and e-mail of a single
point of contact (and one alternate) for the duration of this RFP process. The availability of this
person should be specified.
3.12. SUBMISSION OF RESPONSES TO THE RFP
The proposal should be delivered in person by the bidder representative to:
Director
Administration and Finance Department
Royal Monetary Authority of Bhutan
Chhophel Lam, Kawangjangsa
Thimphu: Bhutan
Post box No. 154
RMA reserves the right to disqualify Consultants whose responses are not submitted on the
specified date and time. No responses will be accepted after the deadline for submission of
bids unless RMA determines in its sole judgement, to do so. The Procuring Agency may, at its
discretion, extend the deadline for the submission of Bids by amending the Bidding Documents,
in which case all rights and obligations of the Procuring Agency and Consultants previously
subject to the deadline shall thereafter be subject to the deadline as extended. The proposal,
along with all supporting documents shall become the property of the Procuring Agency.
3.13. TIMELINE/ SCHEDULE OF EVENTS
This Request for Proposal (RFP) represents one of several steps taken to assist the Procuring
Agency efficient solution that will meet its business requirement. The Procuring Agency
reserves the right to adjust the RFP schedule listed below:
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Activity
Date / Timeline
Distribute RFP to the shortlisted consultants 16 November 2015
Clarification& Questions 17 – 27 November 2015
Receive responses to RFP (deadline) 14 December 2015
Bids Evaluation / Contract negotiations 24 December 2015
Select Consultant & Contract Award Signing 30 December 2015
The Procuring Agency will do all that is feasible within foreseeable limits to ensure strict
adherence to this timeline. The assignment is expected to be completed within a period of 60 days
from the date of signing of the contract.
3.14. BID SECURITY
The bidder shall furnish 2% of the total bid amount as an earnest money (bid security), which is
refundable. The earnest money deposit should be enclosed in the same sealed envelope as the
“commercial Proposal”. The bid not accompanied by a responsive Bid Security shall be rejected
by the Procuring Agency as non-responsive.
The bid security shall be in the form of a demand draft/bank guarantee drawn in favour of the
Royal Monetary Authority of Bhutan, Thimphu and payable at banks located in Thimphu.
While the bid security of the unsuccessful Bidder shall be returned as promptly as possible upon
award of Contract, the bid security of the successful bidder shall be returned upon the bidder’s
executing the contract and furnishing the performance security. The bid security shall be
forfeited if a bidder withdraws its bid during the period of bid validity; or if a bidder does not
accept the arithmetical corrections of its bid price. In the case of a successful bidder, the bid
security may be forfeited, if the bidder fails to sign the contract or to furnish the performance
security within the given time.
3.15. PERFORMANCE SECURITY
Prior to signing of the Contract the successful bidder shall be required to furnish Performance
Security at the rate of ten percent (10%) of the contract value within fifteen (15) working days
after the notice of the award. The performance security shall be in the form of a demand
draft/Bank Guarantee issued by a Financial Institution of Bhutan in favour of RMA and payable
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at banks located in Thimphu. The performance security shall be discharged and returned to the
vendor upon expiration of the warranty period.
3.16. TAX DEDUCTED AT SOURCE (TDS)
Deduction of TDS as per the rule shall be made directly from the supplier’s
bill.
3.17. LICENSE AND PERMIT
The bidder shall submit the copy of valid Trade License and Tax Clearance Certificate along
with the bid.
4. PROPOSED PROJECT SCHEDULE
Consultants are required to provide a work plan (and state possible delivery date barring all
unforeseen circumstances) to be adopted.
Sample Project Schedule with approximate time required:
Week of
Phase Dec
7
Dec
14
Dec
21
Dec
30
…
Nth
1. Organisational assessment and report
2. Plan for Plan
3. Identify goals and strategies
4. Develop action plans and resource needs
5. Draft, review & approve Strategic Documents
5. PROJECT TEAM
Provide detailed structure of the overall Project Team, the number of staff and their profile
(Qualification, Experience, individual role in the project) of those that will be involved in the
execution of tasks.
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Sl. No. Name Qualification Experiences Position/Role
6. FINANCIAL STATEMENT
Include copies of the audited financial statement. (E.g. Balance Sheet, Profit and Loss, Cash flow
statement for the past one year)
7. ROLES AND RESPONSIBILITIES
CONSULTANT
The consultant/consultancy firm will work closely with the Procuring Agency and will report on
the progress. The consultant responsibilities shall not be limited to the following:
i. Provide prompt response to client communication;
ii. Conduct Organisational assessment; analyse results and generate written Organisational
Assessment Report and Organisational Development Plan;
iii. Provide status report to RMA Management and Department;
iv. Facilitate strategic planning process, including development;
v. Review strategic document;
vi. Facilitate staffing analysis, including roles and structures, and review of staffing plan;
vii. Facilitate development of employee performance management system;
viii. Provide complete step-by-step guidelines and materials for organisational assessment, all
aspects of strategic planning, staffing analysis, roles and structures, and employee
performance management;
ix. Submit a hard and soft copy of the status reports shortly after end of all phases of project;
x. Make presentation of the Inception Report, draft report and penultimate report; and
xi. Prepare and maintain the minutes of the meetings and shall share with the stakeholders, for
reference.
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TERMS OF REFERENCE (TOR)
1. Background
The Royal Monetary Authority of Bhutan was established in 1982 as the Central Bank of
Bhutan. In 1992, with the enactment of Financial Service Act of Bhutan 1992, it was given
additional powers to license, regulates and supervises all types of financial service
providers in Bhutan. The primary objective of the Authority is to formulate and implement
monetary policy with a view to achieving and maintaining price stability in the long term,
by way of exchange rate targeting to promote macroeconomic and financial sector stability
and economic growth in Bhutan in line with Royal Monetary Authority Act of Bhutan
2010 and the Financial Service Act of Bhutan 2011.
2. Objective
The objectives of Organizational Development (OD) Exercise shall not be limited to the
following:
i. To review the mandate, objective and functions of the RMA in line with the Royal
Monetary Authority Act of Bhutan 2010 and the Financial Services Act of Bhutan
2011;
ii. To align the organizational goals as provided in the Royal Monetary Authority Act
of Bhutan 2010 and the Financial Service Act of Bhutan 2011;
iii. To improve efficiency through human resources planning and rationalization and
promoting internal efficiency;
iv. Preparation of organization development plan; and
v. Institutionalize mechanism to effectively discharge the function of a Central Bank
and that of an integrated Financial Regulator and Supervisor.
3. Activities
The activities of Organizational Development (OD) Exercise shall not be limited to the
following:
i. Review organizational structure, roles and responsibilities;
ii. Conduct human resource assessment through intensive consultations;
iii. Define norms for service levels expected and develop human resource plan;
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iv. Revise HR policies to define performance appraisal standards and incentive
systems; and
v. Draw up recommendations based on functional review to promote internal
efficiency.
4. Outcomes
The outputs of Organizational Development (OD) Exercise shall not be limited to the
following:
i. Organizational Review Report;
ii. Effective Board governance, including oversight and operations;
iii. Clear delegation and coordination of Board, Department and employee roles;
iv. Organization sound Knowledge Management Practice;
v. Review Structure and processes to guide the Board, Management and all
employees;
vi. Human Resources Assessment Report;
vii. Organization Development Plan;
viii. Strategy for Human Resource Development; and
ix. Manual for recruitment for all position in the RMA.
5. Method
The method of Organizational Development (OD) Exercise shall not be limited to the
following:
i. Sampling from all categories of staff;
ii. Review of all existing documents, Acts and Regulations;
iii. Questionnaires for all categories of staff for organization diagnosis and Human
Resources;
iv. Stakeholder consultations;
v. Use of relevant framework, models and assessment tools of Organizational
Development;
vi. Preparation of draft Organization Development report and draft Human Resources
strategy;
vii. Validation through stakeholder consultation; and
viii. Finalization of outputs.
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Annexure 1
TECHNICAL PROPOSAL- STANDARD FORM
TO
_________________
_________________
_________________
Sir:
Subject: Hiring of Consultancy Services for
__________________________________________________________________
I/We ____________________Consultant/Consultancy Firm herewith enclose Technical Proposal
for selection my/our firm/organization Consultant for _______________________________.
Yours Faithfully,
Signature
Full Name _____________
Designation____________
Address_______________
(Authorized Representative)
(Please attach the following)
i. Consultant’s experience in Finance and/or Banking, with experience in OD;
ii. Evaluation of Proposed Staff & Qualifications;
iii. Description of the OD Approach, Methodology and Work Plan for Performing the
Assignment;
iv. Deliverables (Standards, Procedures and Reports etc.);
v. Comments and Suggestions on the TOR;
vi. Company Profile & Financial Reporting; and
vii. Awards / Certification/Client References/Partnership/Alliances;
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Annexure 2
FINANCIAL PROPOSALS – STANDARD FORM
TO
_________________
_________________
_________________
Sir:
Subject: Hiring of Consultancy Services for
__________________________________________________________________
I/We ____________________Consultant/Consultancy Firm herewith enclose Technical Proposal
for selection my/our firm/organization Consultant for _______________________________.
I, the undersigned, hereby declare to the best of my knowledge and belief, this information is true
and correct.
Yours Faithfully,
Signature
Full Name _____________
Designation____________
Address_______________
(Authorized Representative)
SUMMARY OF COSTS
ITEM
TOTAL COST OF FINANCIAL PROPOSAL
