Procurement of Banking Services Provider RFO Number: 2022-PACT/03/02 at Pact Inc

Pact Inc. is an international non-profit organization with its headquarters in Washington, DC. Pact serves communities challenged by poverty and marginalization because we envision a world where everyone owns their future. To do this, we build systemic solutions in partnership with local organizations, businesses, and government. Our goal is thriving resilient communities where those we serve are heard, capable, and vibrant.

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Pact Tanzania is a non-profit organization registered and domiciled in Dar Es Salaam, Tanzania and works in 28 regions and 81 councils of the country. The organization is primarily funded by the United States Agency for International Development (USAID), whose funding comprises of 98% of total income.
Overall Objective: The overall objective of this assignment is to procure a service provider who will be providing banking services to Pact Tanzania Dar es salaam main office and field offices.
A. Requirement/Scope of Work The specific scope of work includes but should not be limited to the following:
Maintenance of multi currency bank accounts for Pact Tanzania, il Facilitate daily bank related transactions effectively and efficiently Ill. Provide Pact Tanzania with reliable online banking platform for daily transactions including bulk mobile payments
and payroll processing, iv. Efficient and reliable customer support system, including allocation of a dedicated Bank Relationship Manager V. Reasonable and flexible transactional charges as well as forex rates. vi. Provide staff loans facilities at reasonable rates. vii. Provision of other bank support services in line with Pact work across the country through different mechanisms
like Corporate Social Responsibility viii. A wide range of banking services branches across the country including hard to reach areas. ix. Credit and debit cards availablity
Interested vendors should request the full Terms of Reference TR) through email with the subject line "TOR for Procurement of Banking Services Provider'to ProcurementTZ@pactworld.org before Friday, 22nd April 2022 All questions and requests for clarification should be directed to ProcurementTZ@pactworld.org with the subject line "Request for Clarification: Procurement of Banking Services Provider before Monday, 25 April 2021.
Eligibility Bank must be currently legally operating in Tanzania and the proposal must clearly express ability of the Bank to meet or exceed the requirements/Specifications outlined above.
Ability to deliver the terms services no later than the dates required.

Submission procedure
The following information is to be included by a vendor in the proposal:
Draft inception report detailing methodology for providing banking services to Pact Tanzania (engagement and
execution). Current Bank profile.
Copies of registration, certificate and address of their registered office, valid business license, VAT, TIN certificates,
Tax clearance certificate, and any industry relevant license or certificate.
Evidence of similar assignments, and at least two (2) names and addresses of client served.
Schedule of Current Charges.
Past three years Bank Financial Statements
Vendors who wish to answer this RFP should send their proposals in sealed envelopes to Pact Tanzania Head Office by 26th April 2022, 11:00 am. All sealed envelopes need to be marked as ": Procurement of Banking Services Provider." Office Address:
The Tender Committee Pact Tanzania 74 Uporoto Street, Victoria P. O. Box 6348, Dar es Salaam, Tanzania
Proposals submitted through emails will not be considered.
216797801
Quotations received after that time or at a different address may not be accepted
As mentioned above, ali quotations and delivery dates shall be valid for at least 90 days following the submission.
PACT will open all bids on 26 April 2022 at 11.30 am in the presence of Bidder's representatives who choose to attend.