TOR for Consultancy Service

Nepal Stock Exchange Limited (NEPSE) TOR for Consultancy Service for establishing Fully Automated Online Trading System (Notice No. NEPSE/03/070-7...
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Nepal Stock Exchange Limited (NEPSE)

TOR for Consultancy Service for establishing

Fully Automated Online Trading System

(Notice No. NEPSE/03/070-71) June, 2014

Nepal Stock Exchange Ltd. (NEPSE) UNI Shanti Marg,Bhadrakali, Kathmandu, Nepal Phone: 977 (1) 4250755 Fax: 977 (1) 4262538 E-mail: [email protected] Website: http://www.nepalstock.com.np

Table of Contents SECTION I: INVITATION FOR EXPRESSION OF INTEREST (EOI) ................................................................... 3 SAMPLE FORM NO. 1 .......................................................................................................................... 7 BANK DETAILS FOR PAYMENT IN USD OR EURO ....................................................................... 8

Notice No. NEPSE/03/070-71 for Consultancy Service For Establishing Fully Automated Online Trading System Page 1

SECTION I INVITATION FOR EXPRESSION OF INTEREST (EOI)

Notice No. NEPSE/03/070-71 for Consultancy Service For Establishing Fully Automated Online Trading System Page 2

SECTION I: INVITATION FOR EXPRESSION OF INTEREST (EOI)

Date: 27th June, 2014

1.

2.

Notice No. NEPSE/03/070-71

Nepal Stock Exchange Limited (herein after referred to as NEPSE) invites sealed Expression of Interest (EOI) from qualified and eligible national/international consulting firms for “Consultancy Service for Establishing Fully Automated Online Trading System”. This invitation is in accordance with the goal of the Government of Nepal (GON) and NEPSE to establish a fully automated online trading system in NEPSE, as specified in the TOR and within the stipulated time frame. To fulfill this purpose, NEPSE invites sealed Expression of Interest (EOI) from national/international firms as per the Notice No. NEPSE/03/070-71 for “Consultancy Service for Establishing Fully Automated Online Trading System”. The project shall be financed by NEPSE’s own funds. A complete set of EOI documents may be purchased by any interested consulting firms (national/international) on submission of a written application to the office mentioned in Clause No. 8 of this section and upon payment of a non-refundable fee of NPR. 4, 000 (In words, Nepalese Rupees Four Thousand only) or US$ 45(In words, US Dollars: Forty-five only) or Euro 35(In words, Euro: Thirty-five only). The format of the written application for the procurement of EOI shall be as per the Sample Form No. 1. If any of the interested consulting firms wishes to collect the document by courier service, additional NPR 5,000 (In words, Nepalese Rupees Five Thousand only) or US$ 55(In words, US Dollars: Fifty Five only) or Euro 50(In words, Euro: Fifty only) will be charged to the consulting firms. The account information for depositing the amount for purchasing the EOI document is as follows: Name of the Bank

3.

M/S Bank of Kathmandu Ltd., Kamalpokhari,Kathmandu,Nepal +977-1- 4414541 Ext: 211

A/C No.:For payment in Nepalese Rupees For payment in USD or Euro

010000060781524 010000060216524

Swift Code

BOKLNPKA

The consulting firms (national/international firms) shall procure the EOI document by themselves or personnel/firm authorized by them, from the office mentioned in Clause

Notice No. NEPSE/03/070-71 for Consultancy Service For Establishing Fully Automated Online Trading System Page 3

No. 8 of this section and shall submit the same purchased bid document while submitting their proposal, with the official seal and sign of the authorized person on each and every page of the bid document. 4.

The consulting firms (national/international firms) shall provide “Consultancy Service for establishing Fully Automated Online Trading System” as specified in the Terms of Reference (TOR). The Terms of Reference (TOR) is available via NEPSE’s Administration Division, UNI Shanti Marg, Bhadrakali, Kathmandu, Nepal.

5.

Interested consulting firms (national/international firms) having qualifications and eligibility in adherence to the "Terms of Reference (TOR)" are requested to submit Expression of Interest (EOI) along with the company profile, Curriculum Vitae of the resources proposed in accordance with the forms attached in the TOR. Moreover, the consulting firms (national/international firm) shall submit commitment letters from key professional staffs proposed for this project, confirming their full time availability until the completion of the assignment. Additionally, the following documents must be submitted officially along with the Expression of Interest (EOI), failure to submit the same may result in rejection of the proposal: I. Company Registration Certificate; II. Tax Clearance Certificate of latest financial year; III. VAT and PAN Registration Certificate.

6.

The Request for Proposal (RFP) will be issued only to the consulting firms (national/international firms) that are short-listed from their submitted EOIs. The shortlisted consulting firms shall submit their Technical and Financial Proposals as part of their RFPs. Maximum of six (6) consulting firms shall be short-listed as per the ‘Evaluation Criteria’ specified in ANNEX-I of this document.

7.

Any of the interested consulting firms (national/international firms) can participate by submitting only one application for EOI. If any of the consulting firm participates by submitting more than one application, all applications consisting of that consulting firm shall be rejected. Any firm(s), whether it is a partner of Joint Venture or individual, can participate in only one application for EOI. If any firm participates in more than one application, all such applications consisting of that firm shall be rejected. In case of JV, The consortium of JV shall not be more than two partners and shall require to submit Partnership Agreement or Joint Venture Agreement between them. Besides, the names, addresses, profiles of such firms or companies and the name of lead firm or company must be submitted.

Notice No. NEPSE/03/070-71 for Consultancy Service For Establishing Fully Automated Online Trading System Page 4

The lead firm of the JV shall conform to unconditional acceptance of full responsibility of executing this assignment of Consultancy Service. This confirmation shall be submitted along with the bid. 8.

Interested consulting firms (national/international firms) may obtain further information from the office of: Nepal Stock Exchange Ltd. (NEPSE), Administration Division, UNI Shanti Marg Bhadrakali. Kathmandu, Nepal Tel. No. : 977 1 4250755 Fax No : 977 1 4262538 E-Mail : [email protected] Website : http://www.nepalstock.com.np The signed EOI document along with all the relevant documents in hard copy must be received by NEPSE’s Administration Division, UNI Shanti Marg, Bhadrakali, Kathmandu on or before 27th July, 2014, 15.00 hours. Documents received after this deadline shall be rejected.

9.

All Proposals received within the above specified time shall be opened in the presence of applicants' representatives who choose to attend on 27th July, 2014 at 15.15 Hours at the office of NEPSE. The opening process will not be hampered even if applicants' representative(s) are not present. Only the Consulting firms representative(s) who are authorized by the Consulting firms can participate in EOI Opening. The consultant’s representative shall submit the authorization letter as per the Sample Form No. 2. The Consulting firms’ representative who presents in EOI Opening shall sign an EOI opening checklist evidencing their attendance.

10.

If the last date of submission and opening of proposals falls on a government holiday, then the immediate next working day shall be considered as the last day for submission and opening of proposals.

11.

Prospective Consulting firms requiring any clarification of the EOI documents may notify the NEPSE in writing at the mailing address indicated in the invitation for EOI. The NEPSE will respond in writing to any request for clarification of the EOI documents received not later than Seven (7) days prior to the deadline for the submission of EOI. Written copies of the NEPSE's response (including an explanation of the query but without identifying the source of the inquiry) will be sent to all prospective Consultants who have purchased the EOI document.

Notice No. NEPSE/03/070-71 for Consultancy Service For Establishing Fully Automated Online Trading System Page 5

12.

Non submission of queries within the time stipulated as above shall be considered as acceptance by consulting firm for all the EOI Document’s terms and conditions as interpreted by NEPSE.

13.

At any time prior to the deadline for submission of proposals, NEPSE may amend the EOI document by issuing addenda. Any addendum issued shall be part of the EOI document. Such addendum shall be sent to all the consulting firms who purchased the EOI from NEPSE. The issued addendum shall also be published in NEPSE’s website (i.e. http://www.nepalstock.com.np). NEPSE may, at its discretion, extend this deadline for the submission of EOI proposal by amending the documents at any time prior to opening date of the EOI proposal. The notice of extension shall be published in daily newspaper and NEPSE’s website (i.e. http://www.nepalstock.com.np).

14.

NEPSE reserves the right to accept or reject any or all of the Expressions of Interest (EOIs) without assigning any reason whatsoever.

Notice No. NEPSE/03/070-71 for Consultancy Service For Establishing Fully Automated Online Trading System Page 6

SAMPLE FORM NO. 1

Application for the Purchase of EOI Document To:

Nepal Stock Exchange Ltd. (NEPSE), Administration Division, UNI Shanti Marg Bhadrakali, Kathmandu, Nepal

Subject: Purchase of EOI Document We, ------------------------------------------- (Specify name of the Consultant), having office at ------(Specify Address) have gone through the Eligibility requirement of Consultants and Evaluation Criteria for Notice No. NEPSE/03/070-71 for “Consultancy Service for establishing Fully Automated Online Trading System” published in daily newspaper “The Himalayan Times” and in your website (http://www.nepalstock.com.np) and willing to participate in said EOI Invitation. Therefore, we are hereby submitting non-refundable fee of NRs.... (Nepalese Rupees: … only) or US$ … (US Dollars: … Only) or Euro … (Euro: … only) and hereby authorize ------------------------------ (Specify Name and Address of Consultant/ authorized contact person) to collect the EOI Document on behalf of our company. Please find below the details of our authorized contact person and we kindly request you to make all correspondences related to Notice No. NEPSE/03/070-71 before the opening of the EOI, to the undersigned: Details of the Contact Person for the Correspondences: Name: Designation: Company Name: Tel: Fax: E-mail: ______________________________________ [Signature for and on behalf of Consultant] [Name] ---------------------[Designation] -----------------Date :

Seal of the Company Signature of Document Collector:

Notice No. NEPSE/03/070-71 for Consultancy Service For Establishing Fully Automated Online Trading System Page 7

BANK DETAILS FOR PAYMENT IN USD OR EURO

DETAILS FOR TRANSFER OF FUNDS IN UNITED STATES DOLLARS (USD) RECEIVER: (SWIFT CODE): BOKLNPKA BANK OF KATHMANDU LTD., ABA 026002561 KATHMANDU, NEPAL

54A:

RECEIVER'S CORRESPONDENT - SWIFT CODE SCBLUS33 STANDARD CHARTERED BANK NEW YORK, NY 10285 USA

57D:

ACCOUNT WITH INSTITUTION: BANK OF KATHMANDU LTD. KAMALPOKHARI BRANCH KATHMANDU, NEPAL

59:

BENEFICIARY CUSTOMER - NAME & ADDRESS: FULL NAME: NEPAL STOCK EXCHANGE LTD. ACCOUNT NO.: 010000060781524

70:

REMITTANCE INFORMATION (DETAILS OF PAYMENT)

Notice No. NEPSE/03/070-71 for Consultancy Service For Establishing Fully Automated Online Trading System Page 8

DETAILS FOR TRANSFER OF FUNDS IN UNITED STATES DOLLARS (USD)

RECEIVER: (SWIFT CODE): BOKLNPKA BANK OF KATHMANDU LTD. KATHMANDU, NEPAL

54A:

RECEIVER'S CORRESPONDENT - SWIFT CODE MSHQUS33 MASHREQ BANK, NEWYORK, NY USA

57D:

ACCOUNT WITH INSTITUTION: BANK OF KATHMANDU LTD. KAMALPOKHARI BRANCH KATHMANDU, NEPAL

59:

BENEFICIARY CUSTOMER - NAME & ADDRESS: FULL NAME: NEPAL STOCK EXCHANGE LTD. ACCOUNT NO.: 010000060781524

70:

REMITTANCE INFORMATION (DETAILS OF PAYMENT)

Notice No. NEPSE/03/070-71 for Consultancy Service For Establishing Fully Automated Online Trading System Page 9

DETAILS FOR TRANSFER OF FUNDS IN EURO

RECEIVER: (SWIFT CODE) BOKLNPKA BANK OF KATHMANDU LTD. IBAN: DE96512305000018042400 KATHMANDU, NEPAL

54A: RECEIVER’S CORRESPONDENT – SWIFT CODE SCBLDEFX STANDARD CHARTERED BANK LTD., GERMANY

57D: ACCOUNT WITH INSTITUTION: BANK OF KATHMANDU LTD. KAMPALPOKHARI BRANCH KATHMANDU NEPAL

59:

BENEFICIARY CUSTOMER - NAME & ADDRESS: FULL NAME: NEPAL STOCK EXHANGE LTD ACCOUNT NO.: 010000060781524

70:

REMITTANCE INFORMATION (DETAILS OF PAYMENT)

Notice No. NEPSE/03/070-71 for Consultancy Service For Establishing Fully Automated Online Trading System Page 10

DETAILS FOR TRANSFER OF FUNDS IN EURO

RECEIVER: (SWIFT CODE): BOKLNPKA BANK OF KATHMANDU LTD. KATHMANDU, NEPAL

54A: RECEIVER’S CORRESPONDENT – SWIFT CODE COBADEFF COMMERZBANK AG, FRANKFURT, GERMANY

57D: ACCOUNT WITH INSTITUTION: BANK OF KATHMANDU LTD. KAMAPLPOKHARI BRANCH KATHMANDU, NEPAL

59:

BENEFICIARY CUSTOMER - NAME & ADDRESS: FULL NAME: NEPAL STOCK EXCHANGE LTD. ACCOUNT NO.: 010000060781524

70:

REMITTANCE INFORMATION (DETAILS OF PAYMENT)

. Notice No. NEPSE/03/070-71 for Consultancy Service For Establishing Fully Automated Online Trading System Page 11

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