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REQUEST FOR PROPOSAL (RFP) DOCUMENTS FOR DUE DILIGENCE AUDIT (DDA) WITH REFERNCE TO MERGER OF NIC BANK AND BANK OF ASIA NEPAL LTD JULY, 2012

SECRETARIAT OF NIC BANK - BOAN JOINT MERGER COMMITTEE Corporate Office NIC Bank 279 Kamaladi Sadak, Kathmandu Tel No:977-01-4262277 Fax:+977-01-4241865 Email: kamaladi@nicbank.com.np Website: www.nicbank.com.np

RFP Documents for DDA with reference to Merger of NICB and BOAN


Table of Contents

1.

RFP Notice

2.

Eligibility Criteria

3.

Bidding Process

4.

Scope of the work

5.

Technical Proposal

6.

Financial Proposal

7.

Opening evaluation and selection of proposal

8.

Annexures

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section I RFP Notice

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section I: RFP Notice

Request for Proposal (RFP) NIC Bank and Bank of Asia Nepal Ltd. (BOAN) have signed a Memorandum of Understanding (MOU) with the intention of merger and a “Joint Merger Committee (JMC)” has been formed to oversee the merger process. Nepal Rastra Bank has also provided its inprinciple approval for the purpose. Accordingly, JMC invites proposals (technical & financial) from experienced and eligible firms within 15 days of publication of this notice for carrying out “Due Diligence Audit (DDA)” of both the banks in pursuant to the requirement of section 7 (2) & (3) of Merger Bylaws – 2068, along with Non-refundable payment of NPR 5000.00 Only. For detailed bid document for RFP specifying eligibility criteria, Terms of Reference (TOR), evaluation methodology and other information, please visit the website of the banks. Secretariat of NIC Bank-BOAN Joint Merger Committee NIC Bank, Corporate Office, 279, Kamaladi Sadak, Kathmandu Phone: 4262277

www.nicbank.com.np

www.bankofasia.com.np

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section II Eligibility Criteria

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section II: Eligibility Criteria 1. The bidding firm should be duly registered as per the prevailing law of the country and must be eligible to carry out Due Diligence Audit (DDA) of the Banks. It should also possess a minimum experience of 5 consecutive years in the Auditing, Assurance, Valuation or Consultancy in the relevant disciplines. 2. The bidding firm must have a team of adequate number of qualified Chartered Accountants (financial due diligence experts) and multi-disciplined qualified and experienced team including Human Resource/ Management experts, Information Technology experts, Legal experts and Valuation experts for conducting Due Diligence under various domain as mentioned in Terms of Reference (TOR). 3. The bidding firm should not have been engaged in the Statutory Audit of NICB and BOAN for the past three years. 4. The bidding firm must not have any “conflict of interest” or financial interest on NICB and/or BOAN or on property or asset to be valued. 5. The bidding firm should abide all the terms and conditions mentioned in this RFP document. 6. All proposals must be valid for a period of 90 days from the last date of submission as mentioned in RFP notice. No proposal shall be withdrawn during the proposal validity period and proposals having validity period lower than as mentioned above shall be rejected. 7. Bidding Documents not submitted within closure of business on 15th Day of the publication of RFP notice shall not be accepted. 8. Any bidding firm will be liable to disqualification at any stage of the process if it has: Made misleading or false representation or deliberately suppressed information in the forms, statements and enclosures submitted in its “Technical Proposal”. Not submitted all relevant documents as specified in the “Request for Proposal (RFP)” and Record of poor performances. The “Joint Merger Committee” may collect information and apply its own judgment in this regard. Bidding firm not meeting the minimum eligibility criteria laid down

Note: Information relating to requirement of “Performance Bond” has been specifically mentioned in clause 6 of Section VII- Opening, Evaluation and Selection of Proposals.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section III Bidding Process

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section III: Bidding Process 1. Interested and eligible firms meeting the eligibility criteria mentioned in Section II shall purchase Bid Documents (duly signed by authorized official) by paying non-refundable payment of NPR 5,000.00 from the following address: Secretariat of the NIC Bank – BOAN Joint Merger Committee C/O NIC Bank Corporate Office 279 Kamaladi Sadak, Kathmandu, Nepal Bid Documents for RFP shall be signed and stamped by authorized Official of the Secretariat of Joint Merger Committee on each page before providing to bidder. 2. The bidding firm shall study the Request for Proposal (RFP) thoroughly and understand the scope and quality of work expected. Prospective firm requiring any clarification of the Document shall contact secretariat of “Joint Merger Committee” at the address mentioned in Clause 1 as above. 3. Preparation of proposal as follows: a. The “Technical Proposal” comprising of self-attested documents as specified in Section V of this RFP document. This proposal should be submitted in a sealed envelope marked “Technical Proposal for Due Diligence Audit (DDA) for Merger of NICB and BOAN. b. The “Financial Proposal” comprising of self-attested documents as specified in SECTION VI should be submitted in a separate sealed envelope marked as “Financial Proposal for Due Diligence Audit (DDA) for Merger of NICB and BOAN. c. Envelope containing both the Technical and Financial proposals is to be sealed in an envelope marked “Proposal for Due Diligence Audit (DDA) for Merger of NICB and BOAN” and is to be submitted, in person, within the deadline and to the address mentioned in Clause 1 above. The bidder must provide following information on all the envelopes: Name of the Firm: Contact Person: Contact Telephone: 4. In the event that the last date of submission of proposals and/or date of opening of Proposals happens to be a public holiday, these events will be carried on immediate next working day. 5. The Joint Merger Committee reserves all rights to accept a proposal wholly or partly or reject any and/or all proposals with or without assigning any reason whatsoever and to negotiate / renegotiate with the shortlisted firms in the best interest of the Banks.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section IV Scope of the Work

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section IV: Scope of the Work

1. Scope of the work shall be as per Terms of Reference (TOR) highlights of which has been annexed under Annexure 1. Detailed TOR shall be made available to the bidding Party from the following address: Secretariat of the NIC Bank – BOAN Joint Merger Committee C/O NIC Bank Corporate Office 279 Kamaladi Sadak, Kathmandu, Nepal 2. The bidding firm may however suggest any additional content to be incorporated in the TOR with appropriate reasoning. “Joint Merger Committee” may incorporate such suggestions or any other additional points in TOR at its own discretion.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section V Technical Proposal

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section V: Technical Proposal 1. The bidding firm shall submit its “Technical Proposal” in a sealed envelope with a covering letter Annexed under Annexure 2, which shall consist of various parts as follows: Part 1: Profile of the Firm having at least following information: i.

Constitution & Details of the ownership along with their profile

ii.

Structure and set up

iii.

Details of Resources (physical infrastructure, Logistics, People, etc.)

iv.

Year of establishment/Operation

v.

Affiliations/Membership if any of International firms/organizations

vi.

Existing major Clientele list

vii.

Major assignments taken by the firm including separate disclosure on Nature of such assignment with specific mention of DDA of BFIs, DDA of other companies, Audit of “A” class Commercial Banks, Consultancy undertaken in HR/Management, Property /Business Valuation, Valuation of intangible assets, IT Audit/Consultancy, Legal consultancy etc. if any as per the format annexed under Annexure 3 (A-E)

viii.

Self-attested supporting documents for the above

ix.

The entire Bid Documents for RFP purchased as per Section III, Clause 1, duly endorsed (signed and stamped by authorized Official of the Bidder on each page).

x.

Updated copy of the Firm Registration Certificate.

xi.

Updated copy of PAN/VAT Registration Certificates.

xii.

Signed declaration consisting of the following: Firm‟s eligibility to carry out Due Diligence Audit (DDA) of the Banks No “conflict of interest” or financial interest in NIC Bank, BOAN or the asset/property under valuation Abiding of all the clauses /terms/conditions including confidentiality clause

RFP Documents for DDA with reference to Merger of NICB and BOAN


Part 2: Details of the Proposed DDA Team: S.N

Criteria

Purpose

Compliance requirement/ attachments

Related Form

1

Education (Academic and Technical), Trainings, Experience and Strength of the Financial Expert proposed to be involved in the Due Diligence Audit (DDA)

To demonstrate the quality and strength of the Proposed Financial Expert for DDA

Submission of the copy of relevant supporting documents

Annexure 4A

2

Education (Academic and Technical), Trainings, Experience and Strength of the HR/Mgmt Expert proposed to be involved in the Due Diligence Audit (DDA)

To demonstrate the quality and strength of the Proposed HR/Mgmt Expert for DDA

Submission of the copy of relevant supporting documents

Annexure 4B

3

Education (Academic and Technical), Trainings, Experience and Strength of the Valuation Expert proposed to be involved in the Due Diligence Audit (DDA)

To demonstrate the quality and strength of the Proposed Valuation Expert for DDA

Submission of the copy of relevant supporting documents

Annexure 4C

4

Education (Academic and Technical), Trainings, Experience and Strength of the Legal Expert proposed to be involved in the Due Diligence Audit (DDA)

To demonstrate the quality and strength of the Proposed Legal Expert for DDA

Submission of the copy of relevant supporting documents

Annexure 4D

RFP Documents for DDA with reference to Merger of NICB and BOAN


S.N

Criteria

Purpose

Compliance requirement/ attachments

Related Form

5

Education (Academic and Technical), Trainings, Experience and Strength of the IT Expert proposed to be involved in the Due Diligence Audit (DDA)

To demonstrate the quality and strength of the Proposed IT/System Expert for DDA

Submission of the copy of relevant supporting documents

Annexure 4E

6

Education (Academic and Technical), Trainings, Experience and Strength of proprietor/Partner and other staffs of the firm proposed to be involved in the DDA

To demonstrate the quality and strength of Other Human Resources availability with the firm

Document to support the number & profile of the Human Resource of the bidding firm

Annexure 4F

Part 3: Details of the Proposed Audit Plan & Methodology: S.N Criteria

Purpose

Compliance Related requirement/ Form attachments

1.

To demonstrate the adequacy of the methodology used and is in line with the (TOR) and any suggestion Made therein.

Details of DDA domain wise methodology

Description of the Methodology (set of processes or procedures) proposed to be used in each domain of DDA. The methodology shall contain at least following: Objective Planning Execution process/procedure Riskassessment/quantification/adjustment

NA

Completion & Reports

RFP Documents for DDA with reference to Merger of NICB and BOAN


S.N

Criteria

Purpose

Compliance requirement/ attachments

Related Form

2.

Suggestion on any addition on the TOR

To seek any logical and constructive comments/ suggestion which will help further refinement in DDA and assist in early execution. However, this shall not have any binding power to make any changes in RFP & TOR.

List of comments/ suggestions.

NA

3.

Action Plan & Time To assess the proposed line timeline for the assignment.

A complete timeline of the work.

Annexure 5

Failure to provide any of the above documents may lead to disqualification.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section VI Financial Proposal

RFP Documents for DDA with reference to Merger of NICB and BOAN


Schedule VI: Financial Proposal The bidding firm shall submit the financial proposal as per Annexure 6: Standard Application Form for Financial Proposal.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Section VII Opening, Evaluation and Selection of Proposal

RFP Documents for DDA with reference to Merger of NICB and BOAN


Schedule VII: Opening, Evaluation and Selection of Proposals: 1. Opening of „Technical Proposals” 1.1 The “Joint Merger Committee” shall arrange to open the covering envelopes containing both the Technical and Financial Proposal and then open only the “Technical Proposal” in the presence of designated officials of both the Banks and those representatives of bidders who choose to attend on the venue as specified below: Secretariat of the NIC Bank – BOAN Joint Merger Committee NIC Bank Corporate Office Kamaladi Sadak, Kathmandu, Nepal Date & Time shall be informed separately. 1.2 Only “Technical Proposals” shall be opened on the address mentioned above and the “Joint Merger Committee” shall arrange to announce the name of the bidder and any other details the Committee may consider appropriate to the persons present at the time of opening of “Technical Proposals”. 1.3 The “Joint Merger Committee” may ask the bidding firm to clarify his bid in the event that such clarification is deemed required by the Committee. 1.4 The “Joint Merger Committee”, at its own convenience, shall evaluate the “Technical Proposals” based on the evaluation criteria, weightage and such other information forming part of Technical Proposal. Based on this evaluation the Committee shall short list top 3 bidding firms via written communication in this regards. 1.5 Bidding Firm not selected from the evaluation of Technical Proposal shall be advised accordingly and their Financial Proposals shall be returned unopened. 1.6 The Joint Merger Committee may choose not to disclose individual score obtained by the bidding firm. 2. Presentation on “Technical Proposals” 2.1 The Joint Merger Committee shall ask the top 3 firms selected as above to make a brief presentation on the “Technical Proposal”. The time/ date and venue shall be informed separately. 3. Opening of “Financial Proposals” 3.1 The “Joint merger Committee” shall arrange to open the “Financial Proposals” of top 3 bidding firms shortlisted from the Technical Proposal Evaluation process (Including presentation) in the presence of designated officials of the Banks and those representatives of bidding firms who choose to attend. The time/ date and venue shall be informed separately. 3.2 “The Joint Merger Committee” shall arrange to announce the name of the bidding firm, its financial offer and any other details it may consider appropriate to the persons present at the time of opening of “Financial Proposals”.

RFP Documents for DDA with reference to Merger of NICB and BOAN


3.3 The “Joint Merger Committee” may ask bidding firm to clarify its bid in the event that such clarification is deemed required by the Joint Merger Committee. 4. Evaluation of “Technical Proposals” 4.1 Evaluation of “Technical Proposals” shall be based solely on the content of the responses and the submitted documents, applying the evaluation criteria, sub criteria and point system. No assumptions shall be made by the bidding firm that the “Joint merger committee” have any previous knowledge of the bidding firm‟s qualifications/ experience other than the information disclosed in this bidding form. Broad Framework of evaluation weightage of Technical Proposal has been annexed under Annexure 7 4.2 On the basis of Evaluation as above, Joint Merger Committee shall shortlist three topmost Firms. 4.3 Firms qualifying on “Technical Evaluation” shall be further subject to the evaluation on the basis of the “presentation on technical proposal”. Broad Framework of evaluation weightage of Presentation (Technical Proposal) has been annexed under Annexure 7 5. Evaluation of “Financial Proposals” 5.1 Financial proposal of the Firms shortlisted under Technical evaluation shall be evaluated as follows: Full score to the “Financial Proposal” quoting least overall cost 10% lower score over Full score for every difference of up to 10% of lowest bidder 5.2 For the purpose of overall evaluation of bidders, the weightage for Technical Proposal shall be 60%, the weightage for presentation shall be 10% and Financial Proposal shall have weightage of 30%. 6. Selection of bidding firm for DDA: 6.1 Out of the shortlisted Top 3 Firms (on the basis of technical evaluation), the bidding firm scoring highest in the cumulative scoring on Technical Proposal, Presentation and Financial Proposal may be awarded with the Contract however “Joint merger committee” may carry out appropriate negotiation in TOR, Service Fee or such other points as it may deem necessary. The “Joint merger committee” reserves its right not to award the Contract to any of the bidders at its sole discretion without assigning any reason whatsoever. The awarded firm shall be required to Provide Performance Guarantee of “A” class Commercial Bank or security deposit not less than 10% of Cumulative amount of Financial Proposal with a Validity period of 9 Months WITHIN three days of receipt of such communication for the purpose of entering into agreement. The firm shall also be required to provide “Advance Payment Guarantee” issued by “A” class Commercial Bank not less than the advance amount with a Validity period of 9 Months before availing any advance amount. Such advance amount shall be separately advised by the “Joint Merger Committee at the time of agreement”. “Joint merger committee” may also require extension of the validity period of the Guarantee or security deposits as above if the situation requires so in its own assessment.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexures

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 1: Contents of TOR (Highlights)

1.

Basic background information

2.

Financial Due Diligence (Includes assets/liabilities/projection/business valuation, share exchange ratio etc.)

3.

Human Resources Due Diligence

4.

Legal Due Diligence

5.

Information Technology due diligence

6.

Risk Management Due Diligence

7.

Operational due diligence

8.

Products and services due diligence

9.

Stress testing

10.

SWOT and PESTLE analysis

11.

Suggestions on various issues

12.

Miscellaneous Estimates of various Costs directly and indirectly related to merger Suggestions in areas where “economies and diseconomies of scale� may operate Suggestions on Post-merger Management control and operation Estimation of Perceived benefits and risks of mergers: a. Operating Synergy b.Financial Synergy

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 2: Covering Letter (To be enclosed along with Technical Proposal) [Letterhead of the firm] [Date] Title of Contract: Due Diligence Audit (DDA) for Merger of NICB and BOAN To: NIC Bank-BOAN Joint Merger Committee Secretariat of the Joint Merger Committee NIC Bank Corporate Office 279 Kamaladi Sadak, Kathmandu, Nepal Having examined the Request for Proposal (RFP) and TOR for „Due Diligence Audit (DDA) for Merger of NICB and BOAN, we hereby submit proposal for „Due Diligence Audit (DDA) in accordance with the terms / conditions as mentioned in this RFP document. This Proposal and your written acceptance of it shall constitute a binding Contract between us. We understand that you are not bound to accept the lowest or any proposal you receive. Our proposal shall be valid for a period of 90 days from the last date of proposal submission in accordance with the Request for Proposal (RFP) for Due Diligence Audit for Merger of NICB and BOAN and it shall remain binding upon us and may be accepted at any time before the expiration of that period. If our proposal is accepted, we commit to conduct the Due Diligence Audit (DDA) in accordance with the “Request for Proposal (RFP) for Due Diligence Audit (DDA) for Merger of NICB and BOAN”. We hereby confirm that this Proposal complies with all the requirements of “Request for Proposal (RFP) for Due Diligence Audit (DDA) for Merger of NICB and BOAN”.

Authorized Signature:

Name and Title of Signatory:

Seal:

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 3 (A): Experience, Capability and Reputation in the audit of Commercial Banks Audit of Commercial Banks Conducted in past 5 years S.N Employer 1

Assignment Year

2 3 4 5 6 7 8 9 10

Note: 1. It is mandatory to fill the details of assignment in the prescribed format only 2. Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN

Nature of Assignment


Annexure 3 (B): Details of Past Experience of DDA of Banks & Financial Institutions/other companies during last 5 Years S.N Name of the Audited Institution & Employer 1

Audit Involvement Year

Type of Institution

2 3 4 5 6 7 8 9 10

Note: 1. It is mandatory to fill the details of the Experience of Due Diligence Audit (DDA) of Banks & Financial Institutions/Other companies in the prescribed format only 2. Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 3 (C): Current involvement in the audit of „A‟ class commercial Banks Bidding Firm should provide information on any ongoing Audit of „A‟ Class Commercial Banks and/or the audit, which has been awarded but yet to be commenced S.N

Name of the Audited Employer/ Contract Commencement/ Expected Estimated Completion Date Unit Address/ Fax Commencement Date

Remarks

1. 2. 3. 4. 5.

Note: 1. It is mandatory to fill the details of the Current Involvement in the Audit of „A‟ Class Commercial Banks in the prescribed format only 2. Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 3 (D): Current involvement in the DDA of Financial Institutions /Other companies Bidding Firm should provide information on the commitment of the ongoing DDA of Financial Institutions/other companies and/or the audit, which has been awarded but yet to be commenced S.N

Name of the Audited Employer/ Contract Commencement/ Expected Estimated Completion Date Unit Address/ Fax Commencement Date

Remarks

1. 2. 3. 4. 5.

Note: 1. It is mandatory to fill the details of Current Involvement in the Due Diligence Audit (DDA) of Financial Institutions/other companies in the prescribed format only 2. Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 3 (E): Details of major assignments (excluding assignments covered in Annexure 3A to 3D) during last 5 years.

S.N

Assignment

Employer

Nature of Assignment

Commencement Date

Completion Date

1. 2. 3. 4. 5.

Note: 1. It is mandatory to fill the details of Current Involvement in the Due Diligence Audit (DDA) of Financial Institutions in the prescribed format only 2. Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 4 (A) Details of Financial Due diligence Expert Name of Firm / Company Position Personnel information

Present employment

Name

Date of birth

Fatherâ€&#x;s Name

Address

Telephone

Email

Professional Qualification

Academic Qualification

Name of employer Address of employer Telephone

Contact (manager / personnel officer)

Fax

E-mail

Job title

Years with present employer

Summarize professional experience. Indicate particular technical and managerial experience relevant to the project. From

To

Organization

RFP Documents for DDA with reference to Merger of NICB and BOAN


From

To

Organization

Summarize assignments/consultancy services undertaken as team leader or team member. Details of Assignment

Period

Remarks

*Also attach updated CV along with Certification: I, the undersigned, certify that to the best of my knowledge and belief, these data correctly describes me, my qualifications and my experience and that I agree to commit for the project during the proposed timeframe if the contract is awarded to this firm / company.

Signature of the Staff Member

Date

*Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 4 (B) Details of HR/Management Expert Name of Firm / Company Position Personnel information

Present employment

Name

Date of birth

Fatherâ€&#x;s Name

Address

Telephone

Email

Professional Qualification

Academic Qualification

Name of employer Address of employer Telephone

Contact (manager / personnel officer)

Fax

E-mail

Job title

Years with present employer

Summarize professional experience. Indicate particular technical and managerial experience relevant to the project. From

To

Organization

RFP Documents for DDA with reference to Merger of NICB and BOAN


From

To

Organization

Summarize assignments/consultancy services undertaken as team leader or team member. Details of Assignment

Period

Remarks

*Also attach updated CV along with

Certification: I, the undersigned, certify that to the best of my knowledge and belief, these data correctly describes me, my qualifications and my experience and that I agree to commit for the project during the proposed timeframe if the contract is awarded to this firm / company.

Signature of the Staff Member

Date

*Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 4 (C) Details of Valuation Expert Name of Firm / Company Position Personnel information

Present employment

Name

Date of birth

Fatherâ€&#x;s Name

Address

Telephone

Email

Professional Qualification

Academic Qualification

Name of employer Address of employer Telephone

Contact (manager / personnel officer)

Fax

E-mail

Job title

Years with present employer

Summarize professional experience. Indicate particular technical and managerial experience relevant to the project. From

To

Organization

RFP Documents for DDA with reference to Merger of NICB and BOAN


From

To

Organization

Summarize assignments/consultancy services undertaken as team leader or team member. Details of Assignment

Period

Remarks

*Also attach updated CV along with

Certification: I, the undersigned, certify that to the best of my knowledge and belief, these data correctly describes me, my qualifications and my experience and that I agree to commit for the project during the proposed timeframe if the contract is awarded to this firm / company.

Signature of the Staff Member

Date

*Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 4 (D) Details of Legal Expert Name of Firm / Company Position Personnel information

Present employment

Name

Date of birth

Fatherâ€&#x;s Name

Address

Telephone

Email

Professional Qualification

Academic Qualification

Name of employer Address of employer Telephone

Contact (manager / personnel officer)

Fax

E-mail

Job title

Years with present employer

Summarize professional experience. Indicate particular technical and managerial experience relevant to the project. From

To

Organization

RFP Documents for DDA with reference to Merger of NICB and BOAN


From

To

Organization

Summarize assignments/consultancy services undertaken as team leader or team member. Details of Assignment

Period

Remarks

*Also attach updated CV along with

Certification: I, the undersigned, certify that to the best of my knowledge and belief, these data correctly describes me, my qualifications and my experience and that I agree to commit for the project during the proposed timeframe if the contract is awarded to this firm / company.

Signature of the Staff Member

Date

*Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 4 (E) Details of IT/System Expert Name of Firm / Company Position Personnel information

Present employment

Name

Date of birth

Fatherâ€&#x;s Name

Address

Telephone

Email

Professional Qualification

Academic Qualification

Name of employer Address of employer Telephone

Contact (manager / personnel officer)

Fax

E-mail

Job title

Years with present employer

Summarize professional experience. Indicate particular technical and managerial experience relevant to the project. From

To

Organization

RFP Documents for DDA with reference to Merger of NICB and BOAN


From

To

Organization

Summarize assignments/consultancy undertaken as team leader or team member. Details of Assignment

Period

Remarks

*Also attach updated CV along with

Certification: I, the undersigned, certify that to the best of my knowledge and belief, these data correctly describes me, my qualifications and my experience and that I agree to commit for the project during the proposed timeframe if the contract is awarded to this firm / company.

Signature of the Staff Member

Date

*Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 4 (F): Quality and Strength of other staffs of the Bidding Firm S.N

1.

Name

Designation

2.

Partner/ Proprietor Partner

3.

Partner

4.

Staff

5.

Staff

6.

Staff

Qualification Years of Experience Total Audit Key Responsibilities & Assignment with the Bidding Experience Firm

Note: 1. It is mandatory to fill the details of Partner/ Proprietor or Staff in the prescribed format only 2. The CVs for each of the partner are to be attached mandatorily. The CVs should bear original signature of the partner 3. Row may be added to input the details of additional staffs proposed to be involved in this DDA. 4. Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 5 (Tentative) Action plan and Time Line For carrying out DDA S. No.

Domain

Detail activity

*From (Start Date)

*To (Completion Date)

1

2

3

4

5

*Required to mention dates in both B.S and AD. **Please attach separate sheets if necessary.

RFP Documents for DDA with reference to Merger of NICB and BOAN

Remarks


Annexure 6: Standard Application Form for Financial Proposal Financial Proposal for Due Diligence Audit (DDA) for Merger of NICB and BOAN (To be printed in the letterhead of the bidding firm) [Date] Subject: Letter of Financial Proposal for Due Diligence Audit (DDA) for Merger of NICB and BOAN. To: NIC Bank - BOAN Joint Merger Committee Secretariat of the Joint Merger Committee C/O NIC Bank Corporate Office 279 Kamaladi Sadak, Kathmandu, Nepal Having examined the Request for Proposal (RFP) and TOR documents, we offer to execute the Due Diligence Audit (DDA) for Merger of NICB and BOAN in accordance with the terms / conditions as mentioned in this RFP document for the cost proposed as under: Particulars Due Diligence Audit (DDA) Fee

Amount

Add: Value Added Tax (VAT) Net Total (A) Out of Pocket Expenses (B)* Grand Total (A+B) *Out of Pocket Expenses shall comprise of lunch expenses, per diem/ conveyance, airfare, travelling expenses and printing & stationary expenses etc. and shall be quoted on Per day per Person basis at separate rates for Kathmandu Valley and outside Kathmandu valley activities. The bidding form also may choose to quote bulk amount towards Out of Pocket expenses.

This proposal and your written acceptance of it shall constitute a binding Contract between us. We understand that you are not bound to accept the lowest or any proposal you receive. Our proposal shall be valid for a period of 90 days from the last date of submission of proposal in accordance with the RFP document, and it shall remain binding upon us and may be accepted at any time before the expiration of that period; Authorized Signature: Name and Title of Signatory: Date: ____________________________________ Seal: *Please attach separate sheets if necessary. RFP Documents for DDA with reference to Merger of NICB and BOAN


Annexure 7: Broad Framework for Evaluation:

Weightage (i)

Technical Proposal

[60]

(ii)

Presentation

[10]

(iii)

Financial Proposal

[30] 100

Technical Proposal:

Weightage (i)

Profile of the firm

[25]

(ii)

Qualification and competence of DDA Team & Staffs

[25]

(iii)

Plan and Methodology

[50] 100

Presentation:

Weightage (i)

Organization

[25]

(ii)

Content

[50]

(iii)

Panel discussion

[25] 100

Note: Joint Merger Committee may base its evaluation on such sub criteria and weightage developed by it, based on the above Broad Criteria, which it may choose not to disclose.

RFP Documents for DDA with reference to Merger of NICB and BOAN

Request for Proposal for Due Diligence Audit  

Request for Proposal for Due Diligence Audit