Tender Board - Kingdom of Bahrain

Tender Details

BDB Supply Chain Finance System

Tender Number: 12/2022/BDB (IN/BDB/2022/12)

PA Ref Number: IN/BDB/2022/12

Tender Description

As part of the Bank’s strategy to expand financing products to serve Bahraini SMEs we are seeking to introduce supply chain financing products. To enable the Bank to achieve this we wish to procure a Supply Chain Finance (SCF) system. The system should be able to support the most common SCF products, through a highly automated process, with an initial focus on invoice discounting offered through an Anchor based model (Anchor Payables Financing). The system should also be able to support other SCF products in particular receivables financing, as well as Purchase Order Financing. The system should be offered on a SAAS basis, have open APIs to allow for easy integration into the ecosystem and we prefer a commercial model based on revenue sharing.

Issued by: Bahrain Development Bank B.S.C. (c)
Internal/External: Internal
Invitation Method: Public (INTERNATIONAL)
Initial Bond: BD 500
Bid Validity / Initial Bond Validity Period (Days): 120 days
Tender Fees: BD 15
Contract Duration: 1 Year
Is Alternate Bid Allowed: No
Publish Date: Sunday, 11 December 2022
Purchase Before: Tuesday, 27 December 2022
Closing Date: Thursday, 05 January 2023
Opening Date: Friday, 06 January 2023

Additional Notes

Dear Bidders,

Kindly note that you are invited to the Supply Chain Finance System.

Regards,

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How to Participate?

Those who are capable and wish to participate in the above tender have to purchase the Tender Documents online through the Bahrain Tender Board’s portal https://etendering.tenderboard.gov.bh starting from Sunday, 11 December 2022
Bidders are requested to enclose with their bids the Initial Bond for the amount specified above or at the rate of 1% of the tender value whichever amount is lesser, provided that no initial bonds value shall be less than BD 100/-. (Except for the Two-envelope tenders).
For Two-envelope tenders, bidders, are requested to enclose with their bids the Initial Bond for the amount specified above.
The initial bond should be in the form of a Certified Cheque, Bank Guarantee, Insurance Policy or Cash (or as specified in the Tender Documents) valid for the duration specified above.
The bids deposit place: (As Mentioned in the Tender Documents)
This tender is subject to the provisions of the Tender Law issued by the Legislative Decree No. 36 of 2002, its amendments, and its Implementing Regulations issued by the Decree No. 37 of 2002.
In addition, these conditions have to be considered:
- Enclose copy of a valid Commercial Registration Certificate (CR) in line with the tender's subject.
- Enclose copy of a valid certificate of compliance with the employment percentages for Bahraini manpower (Bahranization Certificate) issued by the Ministry of Labour.
This advertisement is considered supplementary to the tender documents. In case of any discrepancy between the Advertisement and the Tender Document, the Tender Document prevails.
Micro, small and medium enterprises are eligible to obtain 10% preference in the financial evaluation stage, when submitting the "SMEs Classification Certificate" during bidding for this tender. The certificate is awarded by Ministry of Industry Commerce and Tourism to the SMEs and can be obtained when applying on the SMEs Registration System which can be reached via the following link: https://www.moic.gov.bh/en/eServices/sme
Vendors who are not registered in the Tender Board's e-tendering system shall be required to register through the below-mentioned link, and for assistance please contact the Tender Board through email helpdesk@tenderboard.gov.bh or call on Tel No. +97317566617.
For Registration

Inquiries

For further inquiries please contact on:

Bahrain Development Bank B.S.C. (c)

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