CENTRAL SECURITIES CLEARING SYSTEM PLC
REQUEST FOR PROPOSAL: IMPLEMENTATION OF THE ENTRUST MULTI-FACTOR AUTHENTICATION SOLUTION
REFERENCE NO.: CSCS/ERM/MFA/02/2023

The return date for responses against this RFP is 13th Mar 2023 delivered in the requested manner and to the address advised. Late responses will not be considered. Note that proposals submitted that does not meet stipulated criteria shall be considered non-responsive.

TITLE: Implementation of Entrust Multi-Factor Authentication Solution

Ref: CSCS/ERM/MFA/02/2023

You are invited to submit your proposal against the requirements detailed in the attached Request for Proposal (RFP). The information contained within this invitation shall be treated as “Commercial in Confidence” and shall also be subject to the terms of any related Non-Disclosure Agreement signed by the parties.

Part 1 of the RFP gives you information about Central Securities Clearing System PLC.

Part 2 is for you to answer and provide details as requested to support your proposal.

Proposers are requested to provide one copy of their proposal in electronic format (PDF). Submissions to this RFP must be returned by the time stated. Late submissions will not be considered by Central Securities Clearing System Plc.

Enquiries

All enquiries should only be directed to the undersigned. We look forward to your responses within the stipulated timelines.

Thank you.

Yours faithfully,

Enterprise Risk Management

rfpsubmission@cscs.ng 

(1) Introduction

(1.1) Procurement Policy on Bribery and Corruption

Central Securities Clearing System (CSCS) Plc strictly adheres to professional work ethics and emphasizes zero tolerance for bribery and any other forms of corruption. It is our policy that service providers involved in offering bribes will be disqualified and excluded from any potential engagement opportunity.

(1.2) Executive Summary of Project

This RFP is an invitation to prospective proponents to submit proposals to deploy Entrust Multi-factor authentication solution (MFA). The successful company should be able to manage and meet the requirements for this activity.

The purpose of this RFP is to seek information from potential bidders with an intention to establish an agreement between CSCS and the successful bidder. The contract that follows this process shall bind CSCS and the successful bidder to perform in a specific way for an agreed duration as stated in the contract in the event of the formation of the same.

(2) Terms Governing this RFP

(2.1) Recipients of this RFP are required to read all the information supplied and have a clear understanding of Central Securities Clearing System Plc requirements. Further information can be made available by contacting nominated persons listed in this RFP.

(2.2) It is a condition of this RFP that all mandatory requirements (indicated in the body of text by the word “must” or expressed or implied accordingly) are met in full. Responses and proposals that do not conform to mandatory requirements will be deemed to be made on the basis that conformance is implied by the proposer. The contents of proposals must be submitted in the order specified in this RFP.

(2.3) Pricing should include details of all costs related to software, required hardware, conversion of existing data, installation, training, final implementation, recurrent rentals, and annual support costs.

(2.4) All communication relating to this RFP must be directed to the specified key contact persons listed below. All other communications between a respondent and CSCS staff concerning this RFP are prohibited. In no instance is a respondent to discuss cost information contained in a proposal with the CSCS contact persons or any other staff prior to proposal evaluation. Failure to comply with this section WILL result in disqualification of the proposal.

(2.5) Central Securities Clearing System (CSCS) Plc will select the successful proposal based upon several evaluation factors including features outlined in the RFP; company stability, experience executing similar projects, implementation plan and price. The selection will be on a merit basis established on the submitted proposal that best meets the needs of CSCS. CSCS reserves the right to reject any or all proposals.

(2.6) This RFP is a request for proposal for the implementation of a Entrust Multi-Factor Authentication Solution for CSCS. It is not a contract, and no contractual obligations shall arise on behalf of CSCS. CSCS will not be liable for any costs incurred in the preparation and submission of a response to this RFP.

(2.7) CSCS shall deduct Withholding Tax from payments to service provider (successful bidder) to account for that tax to the local tax authorities. Any agreement with the successful bidder shall be subject to CSCS being entitled to make these deductions so that CSCS will not bear an unnecessary additional cost. Service provider can usually claim a credit against their tax liabilities in respect of Withholding Tax deducted by CSCS.

(2.8) In addition to submitting a proposal in response to this request, all proposals should be sent with a written confirmation that there are no conflict-of-interest issues that will prevent the firm from taking up this engagement.

(2.9) CSCS shall evaluate proposals based on their responsiveness to the requirements of this RFP as outlined above. Each responsive proposal will be given a score. A proposal shall be rejected at this stage if it fails to respond to the requirements. The shortlisted vendors shall be invited for an oral and or demo presentation before a Committee of CSCS representatives. The vendor with the highest score after the final presentation will be invited for negotiations.

Negotiations will be held with the aim of reaching an agreement on all points and subsequently engage the successful vendor. If negotiations fail, the vendor with the second highest score will be invited to negotiate an agreement.

After negotiations are completed, CSCS will promptly notify other vendors on the shortlist that they were unsuccessful.

(2.10) Timeline to be observed for this RFP:

(2.11) All bids shall be submitted on or before close of business on Monday, 13th Mar 2023. to: rfpsubmission@cscs.ng

(3) Service Provider’s Actions Required for this RFP

(3.1) Read Part 2 carefully which contains the under listed sections. Complete them accurately and concisely where required

A. Service Providers Declaration

B. Service Provider Information Questionnaire

C. Statement of Requirements

D. Methodology/Description of the Solution Approach

E. Price Schedule

F. Evaluation Criteria

G. Bid Securing Declaration

(3.2) Sign service providers declaration (A) indicating your compliance and acceptance of the terms of this RFP

(3.3) Provide your responses to the Service Provider Information Questionnaire (B) They must be precise and concise without unnecessary marketing/advertising materials. Any other information deemed relevant to the proposal can be included but it must be separated from the required structured response.

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