Procurement Summary
Country: Cote d'Ivoire
Summary: Establishment of a Financial Analysis and Modeling Platform/ Tool for the Private Sector Department
Deadline: 25 Jan 2019
Posting Date: 21 Jan 2019
Other Information
Notice Type: Tender
TOT Ref.No.: 29980191
Document Ref. No.: ADB/EOI/CHGS/2019/0007
Competition: ICB
Financier: African Development Bank (AfDB)
Purchaser Ownership: -
Tender Value: Refer Document
CPV Classification
44510000 - Tools
66171000 - Financial consultancy services
Purchaser's Detail
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Login to see detailsTender Details
Expression of Interest are invited for Establishment of a Financial Analysis and Modeling Platform/ Tool for the Private Sector Department within the African Development Bank.
The African Development Bank plans to acquire a financial modeling and analysis platform for use by the relevant team. This platform will be aiming at automating the financial model build process in a more reliable and auditable environment.
The Bank seeks the expertise of companies specialized in providing Financial Model Development and support. The purpose of the tool will be to:
- Improve the quality of the models currently in used
- Save time by reducing financial model build time
- Streamline the investments analysis process through transparency and automation of financial analysis, reduce the usage of excel files, and decrease the number of manual processes
- Underpinning private sector governance through recording and auditing of key process steps
The owner of the platform will also be requested to provide support and maintenance services to the users of the financial models.
1. Financial Model Build Capabilities
- Automate the financial model build process and thus saving time
- Standardize projects finance, corporate finance and economic analysis
- Simulation with what-if scenarios capabilities
- Reports, dashboards capabilities
- Audit trail and Version control of the models capabilities
2. Data storage & Analytics Capabilities
- Reduce the time taken to collect data for the evaluation of these projects
- Single version of truth for all financial and economic models, with benchmarking and analytics capabilities
- Leverage centralized hosting and provide secure access to the platform
- Leverage on Machine Learning Capabilities to improve data analytics
- Increase internal and external actors’ collaboration
- Reduce the time required to provide financial analysis and key performance indicators
3. The main features required for the platform are:
- Easy development of financial and economic models
- Easy development of financial and economic models templates
- Easy replication of financial and economic models received from Project Sponsors or clients
- One single source of truth for all financial and economic models
- User friendly, web-based and multi-user capabilities
- Analytics with benchmarking of models capabilities
- Very intuitive User Interface with very powerful calculation engine
The mission will provide the following services:
- Automate the financial model build process ;
- Create a data storage platform ;
- Setup, software configuration and user training; and
- Maintenance of the platform.
4. The duration of the contract will be three years. Settlement will be in accordance with the contract to be signed between the parties.
5. Companies incorporated under the legislation of a member country of the ADB, the majority of which is owned by nationals of AfDB member countries, are eligible. Eligible companies interested must produce a file containing:
- The completed vendor response form; dated, signed; stamped with the seal of company
- A copy of the commercial register;
- The tax certificates;
- The list of references of similar services performed or in progress of the same scope and nature as those defined in point 3.
- The list of key personnel available with the CVs, and highlighting their specific experiences in the field;
- Eligible companies or group of companies meeting the qualification criteria listed above are requested to send their Expression Of Interest by email to [email protected] no later than 25 January 2019 at 12:00 P.M., Abidjan local time.
- The EOI may be submitted by email to [email protected] with the subject line indicating: Response to the Expressions Of Interest:- Ref: ADB/EOI/CHGS/2019/0007
6. After reviewing the various Expressions of Interest received, the Bank plans to issue a Request for Proposal to the preselected candidates. The qualification criteria are as follow:
? Be registered in a member country of the Bank
? Have at least five (05) years of experience in similar activities
? Having an experience with Development Financial Institutions will be an advantage
7. Only eligible companies will be contacted and will receive the Request for Proposal.
8. The Bank reserves the right to modify, amend or cancel this Request for Expression Of Interest at any time during this process.
9. The Bank reserves the right to accept late Expressions Of Interest.
Documents
Tender Notice