Published 25th September 2015, 3:26pm
Project Scope: On Behalf of the Cayman Islands Government (CIG), the Ministry of Finance & Economic Development invites qualified service providers to submit proposals in response to Request for Proposals #CIG-CPO-2015-001. The successful proponent will be expected to provide a full range of electronic reverse auction services including data analysis, market research, vendor engagement and training, and turnkey auction software and event support.
Description of Services: The Cayman Islands Government (CIG) is planning to conduct a pilot project to test the efficacy of incorporating an electronic reverse auction methodology into its strategic procurement program.
It is seeking to enter into a contract with a qualified and experienced full-support electronic reverse auction service provider to conduct up to a maximum of three (3) auction events in differing commodity groups as determined jointly by the successful proponent and the CIG.
The successful proponent will be required to provide the CIG with a range of services as well as a hosted, web based, software system to enable the electronic auction events.
Project Scope – the scope of work being offered for bid
Bid Invitation Date – the date in which the RFP documents will be available.
Bid Due Date – the date the bid price and other required documentation will be due.
Bid Invitation Date
Bid Due Date
Electronic Reverse Auction Services
28 September 2015
16 October 2015
Eligibility: Interested firms will need to meet the following eligibility criteria in order to be considered and evaluated.
Evaluation: Each proposal will be evaluated using the following criteria & weighting:
Rated Criteria Category
Demonstrated Experience & Qualifications of Project Team
Understanding of Project & Proposed Solution
Resource Availability and Timelines
Proposed Contractual Terms & Conditions
Total Rated Criteria Points
Obtaining RFP Documentation: Bid Documents are available online at the Ministry website: www.mof.gov.kyhttp://www.mof.gov.ky">www.mof.gov.ky> or by request from the contact for further information listed below.
Submission Deadline: Proposals must be received before 2PM EST on 16 October 2015 and are to be submitted electronically through the Cayman Islands Government E-Bidding Portal at https://cayman.bonfirehub.com/p/1011https://cayman.bonfirehub.com/p/1011">https://cayman.bonfirehub.com/p/1011>
For additional information on this invitation contact the Director, Central Procurement Office: Craig Milley at Craig.Milley@gov.kymailto:Craig.Milley@gov.ky">Craig.Milley@gov.ky>
Late bids will not be accepted, CIG will not defray any cost incurred by bidders.