Request for Proposal For Acquisition, Implementation, Training And Maintenance Of A Third-Party Risk Management Solution

Request for proposals for Acquisition, Implementation, Training and Maintenance of a Third-Party Risk Management Solution for the African Development Bank. Eligibility Criteria: A Bidder shall not Normally be Eligible if Any of the Situations in the Presidential Directive Concerning the Rules for Corporate Procurement Activities of the Bank Apply. Financial Standing: An Annual Average Turnover of at Least USD 500,000 for the Last Three Years 2023, 2022, 2021 or the Three Latest. A Bidder shall Demonstrate Current Soundness of Financial Position and its Long-Term Profitability. General and Specific Experience: A Bidder shall have a Minimum of 3 Years Specific Experience and Successfully or Substantially Implemented as a Prime Contractor at Least Two Projects of a Similar Nature and Complexity (the Contracts Cited shall be at Least 70% Completed) in the Last 7 Years. Historical Contract Performance and Pending Litigation: A Bidder shall Demonstrate Ability to Successfully Complete Previous Contracts and has No Pending Litigation to Impede its Ability to Perform the Contract. Conflict of Interest: A Bidder shall have No Actual or Potential Conflict of Interest that would Call into Question its Participation in the Procurement Process and Award of Contract Post-Qualification/Due Diligence 5.5.1 Prior to award of the contract, the Bank may undertake site visit to any prospective bidders office and carry out due diligence exercise, which may include, but need not be limited to, all or any combination of the following: Verification of accuracy, correctness and authenticity of information provided by the Bidder; Validation of extent of compliance to the RFP requirements and evaluation criteria based on the findings of the evaluation team; Inquiry and reference checking with Government entities with jurisdiction on the Bidder, or with previous clients, or any other entity that may have done business with the Bidder; reference checking with previous clients on the performance on on-going or completed contracts, including physical inspections of previous works, as deemed necessary; Physical inspection of the Bidders offices, branches or other places where business transpires, with or without notice to the Bidder; Other means that the Bank may deem appropriate, at any stage within the selection process, prior to awarding the contract Tender Link : https://www.afdb.org/en/about-us/corporate-procurement/procurement-notices/current-solicitations/