The Central Bank of Nigeria (CBN) has called for sealed bids from bidders for a consultant to drive the implementation of Payments System Vision 2025 (PSV 2025) recommendations for the bank.
This Request for Proposal (RFP) is being extended to eligible and competent consultants as part of the CBN’s effort to respond to recent innovations in the financial landscape.
This, the bank said, coupled with the growing market for payments solutions in Nigeria, necessitated the new agenda for the payments system in order to fulfil its vision of being the best in class among the world’s central banks.
In a circular titled, request for proposal for the engagement of a consultant for the implementation of payments system vision 2025 (psv2025) for the Central Bank of Nigeria, the CBN stated that the consultant is expected to work with the apex bank’s team in support of implementation effort while providing expert advice.
According to the circular, the scope of work is to facilitate PSV 2025 implementation, prepare and drive implementation roadmap for PSV 2025, benchmark the Nigeria payment system with international standards, identify key areas of improvement and address those areas based on prioritised roadmap and identify key trends and innovation opportunities in readiness for future products/innovations.
Upon evidence of payment of a non-refundable fee of N10,000 (bank draft in favour of Central Bank of Nigeria), interested companies may collect Standard Bidding Document (SBD).
“Interested and competent service providers must submit the following documents for verification: evidence of Certificate of Incorporation and Registration with the Corporate Affairs Commission (CAC) including Form CAC2 and CAC7; Certified true copy of Memorandum and Article of Association; evidence of Company Tax Clearance Certificate for the last three years (2019, 2020 and 2021) as and when due.
Such evidence should reflect the value of the projects undertaken by the company in the last three years,” the circular read in part.
Service providers are also required to submit current pension clearance certificate from PENCOM; evidence of compliance certificate with the provisions of Section 6(1)(3) of the amended Industrial Training Fund (ITF) Act No.19 of 2011; evidence of registration with the Financial Reporting Council of Nigeria (FRCN); sworn affidavit disclosing that the company is not in receivership, insolvent or bankrupt.
It will also disclose that the company does not have any director who has ever been convicted in any court in Nigeria or any other country for criminal offence in relation to fraud or financial impropriety; whether or not any officer of the relevant committee of the Central Bank of Nigeria or the Bureau of Public Procurement (BPP) is a former or present director, shareholder or has any pecuniary interest in the bidder, among others.
READ ALSO FROM NIGERIAN TRIBUNE
