Tsehay Bank S.Co invites all interested and qualified bidders for the supply and implementation of the following technology items and services



  • Category : Software purch. & Dev. Service
  • Posted Date : 07/17/2021
  • Phone Number : 0115336010
  • Source : Reporter
  • Closing Date : 09/23/2021



Invitation For Bids

  1. Tsehay Bank S.Co., under formation, (hereinafter referred to as the “Purchaser” or the “Bank”) invites all interested and qualified bidders by this International Competitive Bid for the supply and implementation of the following technology items and services: Establishment of Information Technology (IT) Infrastructure and Disaster Recovery Datacenter (DR Site), implementation of Core Banking Solutions (i.e., Conventional and Interest Free Sharia-compliant), and Digital Banking Channels as described hereunder.


Bid Bond Amount

·  Information Technology (IT) Infrastructure and Disaster Recovery Datacenter (DR Site)

2% of the total price

·  Conventional Core Banking Solutions

·  Interest Free Sharia-compliant Core Banking (IFB) Solutions

· Digital Banking Channels

  1. The Bank hereby issues this Request for Proposal Document, hereinafter refers to as RFP, to vendors to participate in this competitive bidding for the supply and implementation of the above mentioned technology items.
  2. A complete set of RFP Document can be obtained from Tsehay Bank S.Co. (Under Formation) Project Office, during office hours, beginning from July 26, 2021 upon payment of a non-refundable fee of US Dollar 50.00 (or its Birr equivalent considering the exchange rate at the date of Bid document purchase).
  3. All Bid proposals must be accompanied by a bid security in the amount of 2% of the bidder’s fixed total price offer for the products and services. 
  4. Foreign Bidders can buy the tender document through legally assigned local representatives (by producing valid power of attorney) or by directly transferring/depositing the equivalent amount on the Purchaser’s FCY Acct.:

Bank of Abyssinia, Genet Branch,


 Acct No 44893452,

Addis Ababa, Ethiopia.

  1. Eligible local bidders are required to present valid and renewed business license, TIN, and VAT registration certificates.
  2. The Tender Document shall be stayed floated for 60 calendar days commencing from July 26,2021 to September 23,2021
  3. Deadline for submission of Bid proposals is on September 23,2021, at 4:00PM local time.
  4. Bid proposals received in time and fulfilling bid formalities shall be opened in the presence of bidders or their representatives on September 24, 2021, at 10:00AM local time.
  5. For further information on the bid, please contact the Bank with the following number(s) during office hours: Tel. +251 115336010.
  6. Bidders shall use the below address for their additional information/enquiry:

Tsehay Bank S. Co. (Under Formation) Project Office,

Arada Sub-city, Beside Central Statistics Agency

Attn.: Ato Eskezia Mengiste (Project Manager)

E-mail: Info@tsehaybanksc.com

Website: www.tsehaybanksc.com

Tel.: +251 115336010, Fax: +251 115 336197

Addis Ababa, Ethiopia

Tsehay Bank S.Co. (Under Formation) reserves the right to reject all or part of the bid.

Send me an email when this category has been updated