NEF2025007 - Money Transfer Service Provider

Proposal Submission Requirements:

Bidders are required to submit their proposals in two separate documents:

• Technical Proposal – Providing details on the bidder’s qualifications, experience, methodology, and compliance with NEF’s requirements.
• Financial Proposal – Including pricing details, commission rates, and any additional fees that may apply. 

Proposals must be submitted separately, either via email or in sealed envelopes, following the submission instructions outlined in this ITB. Failure to comply may result in disqualification.

Bidders must ensure their proposals contain sufficient information to demonstrate compliance with the requirements outlined in this ITB. At a minimum, the submission should include:

1. Completed ITB document with all required supporting documents, duly signed and stamped.
2. Due Diligence Form (attached), completed with all necessary supporting documents.
3. Technical Proposal in a separate document.
4. Financial Proposal in a separate document.

Corrupt practices:

The standards of ethics of the Near East Foundation should be respected during any procurement process and the execution of contracts. In pursuit of this, the Near East Foundation defines, for this provision, the terms set forth below as follows:

• “Corrupt practice” includes the offering, giving, receiving, or soliciting of anything of value to influence the action of a public official in the procurement process or in contract execution.
• “Fraudulent practice” includes a misrepresentation of facts in order to influence a procurement process or the execution of a contract to the detriment of the Near East Foundation, and includes collusive practices among bidders before or after bid submission designed to establish bid prices at artificial, non-competitive levels and to deprive the Near East Foundation of the benefits of free and open competition.

In any case where fraud or corruption is identified, NEF will take appropriate action, including but not limited to:

• rejecting any bids where the bidder has engaged in corrupt or fraudulent practices in competing for the contract.

Eligible Bidders:

A bidder shall meet the following criteria to be eligible to participate in NEF procurement: the bidder, at the time of bid, is not:

• The bidder must not be insolvent.
• The bidder must not be in receivership.
• The bidder must not be bankrupt.
• The bidder must not be undergoing wound-up procedures.

A bidder, and all parties constituting the bidder including sub-contractors, are required to disclose any all conflicts of interest. All bidders found to have an undisclosed conflict of interest may be disqualified. A bidder may be considered to have a conflict of interest with one or more parties in this bidding process, if they have a relationship with each other, directly or through common third parties, that puts them in a position to have access to information about or influence on the bid of another bidder or influence the decisions of the Near East Foundation regarding this bidding process.