Request for Proposal For Selection of Project Management Unit (PMU) For Pension and Life Insurance Fund Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund List of Acronyms MOIA Ministry of Overseas Indian Affairs POE Protectors of Emigrants PLIF Pension and Life Insurance Fund SEBI Securities and Exchange Board of India PFRDA Pension Fund Regulatory and Development Authority IRDA Insurance Regulatory and Development Authority UTI Unit Trust of India LIC Life Insurance Corporation of India PMU Project Management Unit ICOE Indian Council for Overseas Employment ECR Emigration Clearance Required CRA Central Record Keeping Agency Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund Table of Content Introduction - 1.1 1.2 Overview of the PLIF Scheme - Key Stakeholders of the PLIF 10 Scope of Work for Project Management Unit 12 2.1 Overall functions of PMU 12 2.2 Profile for PMU Staff 15 * Resources proposed for the project must be with the organisation for at least year 17 Bidding Process - 17 3.1 3.2 Clarification on RFP document - 18 3.3 Pre Bid Meeting - 18 3.4 Proposal Preparation Cost - 19 3.5 Late Bids 19 3.6 Timelines for Key Activities 17 Disqualification Criteria - 19 Proposal Instructions and Conditions - 20 4.1 4.2 Pre-qualification Criteria - 20 4.3 Bid Submission Format - 20 General Instruction and Conditions for Bid - 21 Proposal Evaluation 22 5.1 5.2 Clarification of Proposals - 22 5.3 Proposal opening - 22 Evaluation Procedure and Criteria - 23 Award of Contract 23 6.1 Award Criteria - 23 6.2 MOIA's right to accept or reject any or all proposals - 24 6.3 Notification of Award - 24 6.4 Signing of Contract - 24 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund 6.5 Performance Bank Guarantee 24 Payment terms and conditions - 25 PMU contract conditions - 25 8.1 Conditions of contract 25 8.2 Governing Laws/Jurisdiction Arbitration - 26 Annexure I: Guideline for Technical proposal 27 Annexure II: Guideline for Commercial proposal 28 Annexure III: Forms 1,2 and - 29 Form 1: Notice of Intent to Submit Proposal in response to the TOR - 29 Form 2- Format for submission of resume - 32 Form 3-Format for providing details of relevant experience 33 Annexure IV: Technical evaluation parameters 34 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund Introduction The Ministry of Overseas Indian Affairs (MOIA) is dedicated to the multitude of Indian Nationals settled abroad Established in May 2004 as the Ministry of Non-Resident Indians’ Affairs, it was renamed as the Ministry of Overseas Indian Affairs (MOIA) in September 2004 Driven by a mission of development through coalitions in a world without borders, MOIA seeks to connect the Indian Diaspora community with its motherland PLIF Scheme A combination of – • • Eligible (years) for Age Benefits Resettlement • Eligibility scheme Old age pension Life insurance the Migrant Indian Workers with ECR passport who are emigrated overseas on employment/ contract visa Limit 18 to 50 years Pension in old age through PFRDA regulated framework • Savings for Return and Resettlement Saving through SEBI regulated mutual fund • On Return to India • Life Insurance Option to transfer PLIF to India and to continue using the same account for making ongoing contribution Subscriber can withdraw the Return and Resettlement Savings MOIA Contribution For Women Workers: Maximum contribution of Rs 3000 Per year for a period of years • • For Men Workers: Maximum contribution of Rs 2000 Per year for Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund a period of years The above benefit will cease immediately after the migrant workers relocate to India Workers to PLIF Pension contribution between Rs 1000 to 12000 per year or more • Return and Resettlement Contribution of Rs 4000 or more per year • Permitted to withdraw 50% of savings in PLIF account as lumpsum after years of joining the scheme This withdrawal will provide temporary income replacement and pay resettlement in India • 40% of remaining savings in PLIF account along with any continued savings subscriber chose to make upon return to India – will be paid back as lumpsum at the age of 55 • Exit Rules Contribution • Remaining 60%- paid back as monthly pension Positioned as a ‘Services’ Ministry, it provides information, partnerships and facilitations for all matters related to Overseas Indians (comprising Persons of Indian Origin (PIOs) and NonResident Indians (NRIs) The Ministry focuses on developing networks with and amongst Overseas Indians with the intent of building partnership with the Diaspora Ministry of Overseas Indian Affairs (MOIA) is the nodal ministry responsible for the protection and welfare as well as social security issues of overseas Indian workers and especially for around one lakh lower income workers on temporary work permits in 17 ECR countries Emigration for these 17 ECR countries is regulated under the purview of the Emigration Act 1983 These overseas Indian workers are unskilled and uneducated/less educated holding ECR passports They need clearance called as Emigration Check from the Protector of Emigrants, Govt of India when travelling to ECR countries on work visa to prevent their exploitation Indian Council for Overseas Employment (ICOE), an autonomous body of the Ministry has conducted a study to examine the social welfare needs of overseas Indian workers It identified the following needs for overseas Indian workers: Formal Pension and social security arrangements Formal program for savings and resettlement Life insurance cover for natural death Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund 1.1 Overview of the PLIF Scheme In view of the above requirements, Ministry of Overseas Indian Affairs (MOIA) has proposed to set up Pension and Life Insurance Fund (PLIF) which will cater to the needs of overseas emigrant workers working in 17 ECR countries Key features of the PLIF scheme are provided below: The Scheme The PLIF scheme aims to encourage, enable and assist overseas Indian migrant workers having Emigration Clearance Required (ECR) passports and who have emigrated overseas or are in the process of emigrating overseas on a valid temporary employment/ contract visa to voluntarily (a) save for their return and resettlement, (b) save for their old age pension (c) obtain a Life Insurance cover against natural death Eligibility Male and female overseas Indian workers with ECR passports and aged between 18 and 50 years who are emigrating overseas or have already emigrated overseas on employment/ contract visa are eligible to join the Fund Benefits available under the PLIF scheme: a) A Government co-contribution of Rs.1000 per annum in line with Swavalamban for all PLIF subscribers who save between Rs.1000 and Rs.12000 per year in NPS-Lite for a period of five years; A special additional co-contribution of Rs.1000 per annum by MOIA for overseas Indian women workers who save between Rs.1000 and Rs.12000 per annum in NPSLite for a period of five years; and A special Return and Resettlement co-contribution of Rs.1000 by MOIA to overseas Indian workers who save Rs.4000 per annum towards Return and Resettlement for a period of five years b) c) Old Age Savings by PLIF Subscribers Individual workers will be encouraged to save between Rs.1,000 and Rs.12,000 per year towards their old age in the PFRDA regulated NPS-Lite Scheme NPS-Lite contributions will be managed by the PSU pension funds as per investment regulations for central and state government subscribers Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund Return and Resettlement Savings by PLIF Subscribers Individual workers will be encouraged to save Rs 4,000 per year to accumulate savings for their return and resettlement in a designated mutual fund under the Scheme Return and Resettlement (R&R) savings will be managed by UTI AMC Management of the PLI Fund Old age and R&R savings by PLIF subscribers and corresponding government co-contributions shall flow to the designated fund managers regulated by PFRDA and SEBI The old age savings of eligible overseas Indian workers, as well as corresponding co-contributions by the Government and/ or employers shall flow to the NPS-Trust Bank and shall be managed by PFRDA regulated public sector pension funds that manage the NPS-Lite assets and shall be invested as per PFRDA investment regulations The R&R savings of PLIF subscribers, along with the corresponding Government co-contributions shall flow to UTI AMC and shall be invested in a designated mutual fund scheme of UTI and as per the investment regulations prescribed by SEBI Individual Bank-Linked PLIF Accounts In order to accurately map individual worker contributions towards NPS-Lite, R&R and life insurance under the PLIF with corresponding Government co-contributions, each overseas Indian male and female worker shall be issued a unique PLIF account number upon enrolment in the proposed Scheme The periodic savings of each individual PLIF subscriber, along with the cocontributions by MOIA and employer, shall reflect in the individual PLIF account of each subscriber This will provide the MOIA also with a central database of PLIF subscribers and a mechanism to monitor individual contributions and benefits delivery The proposed PLIF account number shall also facilitate portability of PLIF accounts to India when PLIF subscribers relocate to India This will also help produce MIS for the Government to discontinue co-contributions after five years or when a member has relocated to India The PLIF account number shall be linked to the bank account of individual subscribers as well as to the individual customer IDs or folio numbers issued by the Central Recordkeeping Agency (CRA) under Swavalamban/ NPS-Lite, the R&T of UTI AMC and the life insurance company The proposed PLIF number shall also enable consolidated Scheme level statements to be periodically issued to individual subscribers A bank account will be opened for each individual PLIF subscriber upon enrolment in the Scheme and the savings of overseas Indian workers under Swavalamban/ NPS-Lite and the R&R component of the PLIF shall be channelled to designated fund managers regulated by PFRDA and SEBI respectively through their bank accounts using an ECS or Standing Instruction mandate On Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund their return to India, PLIF subscribers would be able to continue saving for their old age through Swavalamban/ NPS-Lite using their bank accounts and the ECS/ SI mechanism The pension and resettlement savings as well as the proposed co-contributions by the Government shall thus reflect in the individual PLIF account of each overseas Indian worker The consolidated annual PLIF account statement would enable subscribers to review and reconcile their own savings and the corresponding co-contributions by the Government or their employer, and the returns earned on these combined savings over time Utilization of PLIF Savings by Overseas Indian Workers Overseas Indian workers will be able to withdraw their accumulated R&R savings as a lump sum upon their return to India These savings will provide them a temporary income replacement to enable their resettlement in India The savings of PLIF subscribers in Swavalamban/ NPS-Lite shall however remain invested in a PFRDA regulated pension fund and shall be returned to them when they are old and as per PFRDA rules The lump sum R&R withdrawals as well as pension benefits through NPS-Lite shall be paid into the bank account of each individual PLIF subscriber Life Insurance Coverage Under the proposed PLIF, life insurance cover will be provided to overseas Indian workers so that the families of these workers receive a reasonable compensation in case of death through natural causes of the wage earner Full accumulated savings in the PLIF along with the life insurance benefit would be paid out upon death, permanent disability or terminal illness of the subscriber as a lump sum Funding The scheme will be funded by grants from Ministry of Overseas Indian Affairs, Government of India The grants would be given such that monthly payment in the subscriber accounts would be possible A secure and well regulated institutional framework has been visualized to encourage, enable, and assist overseas Indian workers to participate in this scheme Ministry has proposed the following implementation mechanism for the scheme for pension, saving and insurance component: Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund 1.2 Key Stakeholders of the PLIF Key Stakeholders involved in the process are as follows: • Ministry of Overseas Indian Affairs (MOIA) and its associated offices • Pension Fund Regulatory and Development Authority (PFRDA) • UTI-Asset Management Company (AMC) • Life Insurance Company (LIC) • Aggregators (To be Appointed by MOIA) • Banks in ECR Country (for fund transfer) • Project Management Unit (PMU) Apart from these key stakeholders, the following will be Secondary Stakeholders • Insurance regulatory and Development Authority(IRDA) • Security & Exchange Board of India (SEBI) • Central record Keeping agency (CRA)of PFRDA • Indian Missions Abroad to enable enrolment process and follow up action An overview of the role of each Key stakeholder is provided below: 10 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund Sl No Criteria Supporting Document The Company should have been in the Consulting MoA / Work orders confirming year business in the Government domain in the last and Area of activity years The Company should have consulting experience Work Order/LOI of working in atleast Projects in Pension/Insurance Sector The responding Company must have on its rolls Appropriate supporting consulting staff of at least 100 technically qualified undertakings/ Certificate from Head personnel in the area of consulting services for IT (HR) or company secretary related projects including e-governance, Program / Project Management, IT infrastructure, IT security and IT procurement in India The responding Company should have turnover of Copy of Certificate from CA atleast 75 Crore from Consulting Business in India The responding Company should have made net profit for the last three(3) financial Years (FY 1011, FY 09-10, FY 08-09) as revealed by audited balance sheet Copy of the audited or provisional statements of profit and loss account/ balance sheet/ annual report of the last three financial years The bidding parties meeting the criteria must attach their supporting documents along with the Technical proposal 4.3 General Instruction and Conditions for Bid • At any time prior to the deadline for submission of proposals, MOIA may modify, for any reason deemed necessary, the RFP by amendment notified in writing or by fax or email to all the bidders who have received this RFP and such amendment shall be binding on them • No proposal can be withdrawn in the interval between the deadline for submission of proposals and the expiration of the validity period as specified in this RFP However, bidder is allowed to withdraw his bid documents till deadline for submission of proposals, i.e till 27.03.2012 at 17.00 hrs Once the bid documents are submitted, modifications and substitutions in the bid documents shall not be allowed 21 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund • The proposal and all correspondence and documents shall be written in English All proposals and accompanying documents received within the stipulated time will become the property of the MOIA and will not be returned • The currency of the proposal offer shall be in Indian Rupees only • The proposals shall be valid for a period of Three (3) months from the date of opening of the proposals A proposal valid for a shorter period may be rejected as non-responsive • In exceptional circumstances, at its discretion, MOIA may solicit the bidder's consent for an extension of the validity period The request and responses shall be made in writing Proposal Evaluation 5.1 Proposal opening Proposals will be reviewed by a Evaluation Committee constituted by the MOIA or its designated representative(s) MOIA would open the proposal, in the presence of authorised representative(s) of the bidder who choose to attend, at the time, date and location stipulated in the RFP The maximum number of authorized representatives allowed to each bidder will not be more than two The bidder's representative(s) shall sign a register evidencing their attendance 5.2 Clarification of Proposals In the process of examination, evaluation and comparison of proposal, the MOIA may, at its discretion, ask bidder(s) for clarification of its proposal which the bidder will be obliged to furnish MOIA will perform an initial review of all proposals that are submitted on time After initial review, MOIA may decide to discontinue the evaluation of any proposal, which it considers unacceptable prima facie for any reason such as: • The proposal is not a reasonable effort to respond to the requirements of the RFP; or • The proposal contains technical deficiencies Bidders are advised to exercise adequate care in quoting the prices No modification/ correction in quotations will be entertained once the bids are submitted Even before submission of the proposal, care should be taken to ensure that any corrections/overwriting in the proposal are 22 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund initialed by the person signing the proposal form In case of discrepancy between the amounts mentioned in figures and in words, the amount in words shall govern 5.3 Evaluation Procedure and Criteria After the bidders submit their Technical and Commercial Bids according to the instructions, the bids will be evaluated through a two-stage process as described below: i Pre Qualification Evaluation ii Technical Evaluation iii Commercial Evaluation As the first step, Pre qualification evaluation would be conducted Bids of only those bidders who are qualified in pre-qualification would be considered for technical evaluation The Technical Bid will be evaluated based on the “Technical Evaluation Methodology” Only those technical proposals that score equal to or more than 60% will be considered qualified The Commercial Proposals will be opened only of the bidders whose technical proposals qualify (i.e whose Technical-Score is equal to or higher than 60 points) The Commercial Proposals of the other bidders will be returned unopened Of the Commercial proposals opened, the lowest “Project-Cost” will be designated as “L1” and awarded a score of 100 For the other qualifying bidders, their Commercial-Score will be calculated according to the formula: Commercial-Score = 100*(Project-Cost of “L1”)/(Project-Cost of Bidder) The “Final-Score” of each qualifying bidder will be calculated as indicated below Final-Score = 0.8*(Technical-Score) + 0.2*(Commercial-Score) The bidder with the highest Final-Score will be invited for contract negotiation In case of a tie in Final-Score, the bidder with the higher Technical-Score will be first invited for contract negotiation 6.1 Award of Contract Award Criteria The MOIA will award the PMU Contract to the successful bidder whose proposal has been determined to be substantially responsive and has been determined as the best value proposal, 23 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund for a period of years provided further that the bidder has demonstrated that it is qualified to perform services required for the project satisfactorily 6.2 MOIA's right to accept or reject any or all proposals The MOIA reserves the right to accept or reject any proposal, and to annul the RFP process and reject all proposals at any time prior to award of contract, without incurring any liability to the affected bidder or bidders or any obligation to inform the affected bidder or bidders of the grounds for MOIA's action 6.3 Notification of Award Prior to expiry of the validity period, MOIA will notify the successful bidder in writing that proposal has been accepted Upon the successful bidder's furnishing of performance bank guarantee contract signing process will take place In case the successful bidder is unable to furnish the performance bank guarantee MOIA may invite the bidder second in order of total score 6.4 Signing of Contract Once the MOIA notifies the successful bidder that its proposal has been accepted, MOIA shall enter into a separate contract, incorporating all agreements (to be discussed and agreed upon separately) between MOIA and the successful bidder 6.5 Performance Bank Guarantee The successful bidder shall at its own expense deposit with MOIA, within fifteen (15) working days of the date of notice of award of the contract or prior to signing of the contract whichever is earlier, an unconditional and irrevocable Performance Bank Guarantee (PBG) from a scheduled bank acceptable to the MOIA, payable on demand, for the due performance and fulfillment of the contract by the bidder The Performance Bank Guarantee will be 10% of the total cost of the project All incidental charges whatsoever such as premium, commission etc with respect to the Performance Bank Guarantee shall be borne by the bidder The PBG shall be valid till 180 days after completion of tenure of contract Non deposit of PBG within the stipulated time shall render the contract invalid at the discretion of MOIA In the event of the bidder being unable to service the contract for whatever reason, the MOIA would be entitled to invoke the PBG Notwithstanding and without prejudice to any other and further whatsoever rights whatsoever of the MOIA under the contract in the matter, the 24 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund proceeds of the PBG shall be payable to the MOIA and may be applied by MOIA towards compensation for the bidder's failure to perform/comply with its obligations under the contract The MOIA shall notify the bidder in writing of the exercise of its right to receive such compensation within 14 days, indicating the contractual obligation(s) for which the bidder is in default Before invoking the PBG, the vendor will be given an opportunity to represent before the MOIA The decision of the MOIA on the representation given by the vendor shall be final and binding Payment terms and conditions All payments to PMU shall be made by MOIA as per the clauses mentioned below: Payments shall be made on a monthly basis PMU will be responsible for a set of a deliverables on a timely basis The quality and timeliness of these deliverables shall directly affect the payment terms The bill raised by PMU shall be monthly and will be raised in proportion to the total value of the contract proposed by the successful bidder PMU contract conditions On signing of the contract with MOIA, the successful bidder would be allowed to operate as Project Management Unit for monitoring the PLIF’s CRA system under the following terms and conditions: 8.1 Conditions of contract The contract shall be valid for a period of Years from the date of contract signing MOIA shall have the option to extend the duration of the contract by another years at mutually agreed terms MOIA can augment additional resources, if required, on need basis The contract of the PMU will end if PMU contravenes/breaches the conditions/clauses as specified in the contract with MOIA or at the end of the period as specified in contract The grounds for termination of PMU, will be: 25 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund • 8.2 PMU's inability to perform the duties and requirements as would be specified in the contract Governing Laws/Jurisdiction Arbitration Any matter relating to the appointment of PMU or the procedure for the appointment of the PMU shall be governed by the Laws of Union of India The dispute relating to such appointment shall be referred for resolution to a sole Arbitrator, to be appointed by MOIA The Arbitration shall be governed by the provisions of Arbitration and Conciliation Act, 1996 The venue of Arbitration shall be at New Delhi Only the courts at New Delhi shall have exclusive jurisdiction to try any matters arising out of Arbitration proceedings 26 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund Annexure I: Guideline for Technical proposal The technical proposal must include the following information in the formats indicated below Sr No Section Brief Reference details Form 1 A Letter of Intent duly signed by an authorized signatory of the responding agency/firm Approach and Methodology Profile of Team Members Relevant Experience Understanding of assignment, Project Management Standards to be adopted by the bidder for executing functions of PMU Please provide the details of team Form that will carry out the assignment along with the profiles of the members of the team Provide the professional profiles of all the members proposed Any relevant expertise (transition of Form large scale applications) that the company can showcase and commits to the project Should also provide details on how the expertise will be leveraged in the project Project Plan Deployment Plan Profile of Bidder 27 • • • • Organization Structure Experience Turnover Client’s Profile Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund Annexure II: Guideline for Commercial proposal The commercial bid has to be submitted in following format in sealed cover: Sr Position No 1.Project Manager 2.Technical Consultant 3.Senior Consultant 4.Consultant Grand Total Nos (A) Person Month Cost INR (including Taxes & Other Duties Applicable) (B) Duration (36 Months) (C) 36 Months 36 Months 36 Months Total Cost for 36 Months (AxBxC) 36 Months (in Figure) (in words) Dated this [date / month / year] Authorized Signatory (in full and initials): Name and title of signatory: Duly authorized to sign this Proposal for and on behalf of [Name of Consultants] Name of Firm: Address: Please note the following in preparing your commercial bid: • Cost towards the optional resource on project management shall be included for evaluation 28 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund • The commercial figure quoted (“Project-Cost”) will be an all-inclusive figure – inclusive of ALL EXPENSES including manpower, out-of-pocket expenses and all taxes, duties, etc payable, etc • No out-of-pocket expenses will be reimbursed separately Should the commercial quote include separate out of pocket expenses or any taxes, duties, etc., such a commercial bid will be treated as an invalid bid Any out-of-Pocket Expenses for travel outside Delhi shall be borne by MOIA • Annexure III: Forms 1,2 and Form 1: Notice of Intent to Submit Proposal in response to the TOR (To be submitted on the Letterhead of the responding firm) Date: To Director (EP) Ministry of Overseas Indian Affairs 914, Akbar Bhawan, Chanakyapuri New Delhi-110021 Dear Sir, Sub: Proposal for Providing Program Management Consulting Services for PLIF to MOIA Having examined the TOR, the receipt of which is hereby duly acknowledged, we, the undersigned, offer to provide our professional services as required and outlined in the TOR for Providing Program Management Consulting Services for PLIF Project to MOIA We undertake to meet such requirements and provide such services as required and are set out in the ToR document We attach our technical response and our commercial quotation, the technical response as a softcopy and the commercial response in a separate sealed cover as required by the TOR both of which together constitutes our proposal, in full conformity with the said TOR We have read the provisions of TOR and confirm that these are acceptable to us We further declare that additional conditions, variations, deviations, if any, found in our proposal shall not be given effect to 29 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund We undertake, if our proposal is accepted, to adhere to the scope of engagement or such modified plan as may subsequently be mutually agreed between us and MOIA or its appointed representatives We agree to unconditionally accept all the terms and conditions set out in the ToR document and also agree to abide by this bid response for a period from the date fixed for bid opening and it shall remain binding upon us with full force and virtue, until within this period a formal contract is prepared and executed, this bid response, together with your written acceptance thereof in your notification of award, shall constitute a binding contract between us and MOIA We affirm that the information contained in this proposal or any part thereof, including its exhibits, schedules, and other documents and instruments delivered or to be delivered to the MOIA is true, accurate, and complete This proposal includes all information necessary to ensure that the statements therein not in whole or in part mislead the MOIA as to any material fact We agree that MOIA is not bound to accept the lowest or any bid response you may receive We also agree that you reserve the right in absolute sense to reject all or any of the products/ service specified in the bid response without assigning any reason whatsoever It is hereby confirmed that I/We are entitled to act on behalf of our corporation/company/ firm/organization and empowered to sign this document as well as such other documents, which may be required in this connection Name of the responding firm Address of the responding firm Name, designation and contact address of the contact person to whom all references shall be made regarding this RFP Telephone number of the contact person Mobile number of the contact person Fax number of the contact person Email ID of the contact person 30 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund (Signature) (In the capacity of) Duly authorized to sign the Bid Response for and on behalf of: (Name and Address of Company) Seal/Stamp of bidder CERTIFICATE AS TO AUTHORISED SIGNATORIES I, certify that I am …………………………… of the …………………, and that ……………………………………………………………… who signed the above Bid is authorized to bind the corporation by authority of its governing body Date (Seal here) 31 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund Form 2- Format for submission of resume S.NO Item Proposed Position Description Name Qualification • Degree • Academic institution graduated from • Year of graduation • Specialization (if any) • Professional certifications (if any) Total years of experience Years of experience with the responding firm Experience of working on Government Projects Experience of Working in Financial Sector Experience of Working in Pension/Insurance Sector Professional Experience details (project-wise): • Project name • Client • Key project features in brief Yes/No 32 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund • • • • Location of the project Role Responsibilities and activities Duration of the project Form 3-Format for providing details of relevant experience S.NO Item Name of the project Client Details Relevant Work Area/Domain No of locations Scope of Work Scope of the Project Description Contract Value 33 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund Annexure IV: Technical evaluation parameters Evaluation Criteria Marks A Past Experience in related areas 40 Experience in IT Project Management 15 consulting for implementation of Projects in Pension Sector in India Weightage would be given to projects which have gone live and operational for atleast year i Project= Marks ii Projects= 10 Marks iii More Projects =15 Marks Work experience with Pension Regulator in ECR Countries = Marks Experience in consulting towards the implementation of Government’s Scheme involving large number of Stakeholders Development and delivery of large scale egovernance projects (of value INR Crore) in Government 15 i Project= Marks ii Projects= 10 Marks iii More than Projects =15 Marks B Approach and Methodology 20 Understanding Scope of Work 10 Approach and Methodology 10 C Profile of Key Team Members 30 34 Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund Resume of PMU on-site team members i Educational Qualification ii No of years of experience / Skill Sets iii 30 Relevance of Past Experience to this project D Project Plan, Organization and Staffing E Quality Certifications of the firm - CMMi Level / ISO 9000 Total Score 100 35 Ministry of Overseas Indian Affairs ... mechanism for the scheme for pension, saving and insurance component: Ministry of Overseas Indian Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund. . .Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund List of Acronyms MOIA Ministry of Overseas Indian Affairs POE Protectors of Emigrants PLIF Pension. .. Affairs Request for Proposal For Selection of Project Management Unit For Pension and Life Insurance Fund • The proposal and all correspondence and documents shall be written in English All proposals