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REQUEST FOR EXPRESSIONS OF INTEREST (Consulting Services- Individual International Consultant SELECTION)

REQUEST FOR EXPRESSIONS OF INTEREST

(Consulting Services- Individual International Consultant SELECTION)

Myanmar

Financial Sector Development Project

Loan No: MM 5930

 

Assignment Title: Oracle Financial System Consultant

Reference No. (as per Procurement Plan): CS-9

 

The Republic of the Union of Myanmar has received financing from the World Bank toward the cost of the Financial Sector Development Project, and intends to apply part of the proceeds for consulting services.

The consulting services (“the Services”) include as part of ongoing efforts to modernize and automate its operations, Central Bank of Myanmar (CBM) has implemented ORACLE Financials solution for its internal accounting and financial management related functions. CBM is planning to implement that following additional capabilities of the said system such as expanding the usage of GL, budgeting , fixed assets management, account payables, procurement process, currency management, payroll for its staff etc.

The Central Bank of Myanmar now invites eligible consulting firms (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. The shortlisting criteria are:

  1. Advanced degree in Finance / Accounting / Information Systems / Computer Science (Charted Accountant, MBA Finance / Accounts, MBA/MS in Information Systems / MS computer Science / IT management)
  2. Overall 15- 20 years’ experience in Business Analyses/ Project Management / Implementation of financial systems for financial services organization such as Banks or Central banks with good exposure to Core Banking System with GL / Financial systems like Oracle Financials / other GL systems.
  3. Demonstrated expertise in managing vendors in complex Digital Transformation projects, with experience on similar ERP implementation projects. At least 5 years’ experience in working with ERP systems like Oracle financials or similar systems.

The attention of interested Consultants is drawn to paragraph 1.9 of the World Bank’s Guidelines: Selection and Employment of Consultants [under IBRD Loans and IDA Credits & Grants] by World Bank Borrowers January 2011 and revised in July 2014 (“Consultant Guidelines”), setting forth the World Bank’s policy on conflict of interest. 

A Consultant will be selected in accordance with the Individual Consultant Selection method set out in the Consultant Guidelines.

Further information and detailed term of reference can be obtained at the address below during office hours 9 am to 4 pm.

Expressions of interest must be delivered in a written form to the address below (in person, or by mail, or by fax, or by e-mail) by 3pm,  November 24, 2017.

 

Central Bank of Myanmar

Attn: Daw Khaing Shwe War , Deputy Director General

Department: Account Department

Address: Office Building No.55 , Yazathingaha Road , Nay Pyi Taw

Tel: (HP ) +95 9 250107301 , (OF- NPT) +95 67 418561, (OF- YGN) +95 1 8605096

Fax: +95 67 418513

E-mail: PCU.cbm.fsdp@mptmail.com.mm , khaing.s.war@gmail.com

Date : 22th Nov 2017

 

1366.0 / USD

More

Source : forex.cbm.gov.mm

Interest Rate(%)
Central Bank Rate 10% pa
Minimum Bank Deposit Rate 8%pa
Maximum Bank Lending Rate 13%pa
Economic Indicators (%)
GDP Growth 5.90 %
Annual Rate of Inflation 4.66 %
Year on Year Inflation 3.40 %

     Source : Ministry of Planning and Finance