Bank of Baroda RFP for Collection of Dues
This document outlines the Request for Proposal (RFP) for the selection of an agency for the collection of dues by Bank of Baroda. It provides important dates, contact details, and compliance requirements for potential bidders. The RFP is crucial for agencies seeking to understand bidding parameters for this project.
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How do I fill this out?
Filling out this form requires attention to detail and adherence to the instructions provided. Begin by carefully reviewing all sections and gather the necessary information. Ensure to follow the guidelines for documentation and submissions outlined in the RFP.
How to fill out the Bank of Baroda RFP for Collection of Dues?
1
Review the RFP document thoroughly.
2
Gather the required documentation and information.
3
Complete all sections of the form accurately.
4
Double-check for any errors or missing information.
5
Submit the completed form by the specified deadline.
Who needs the Bank of Baroda RFP for Collection of Dues?
1
Bidding agencies looking to win contracts for debt collection services.
2
Financial institutions needing a partner for efficient collections.
3
Consultants providing services to agencies participating in the bid.
4
Regulatory bodies interested in monitoring the tendering process.
5
Stakeholders wanting to ensure compliance with Bank of Baroda’s requirements.
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What are the instructions for submitting this form?
To submit this form, email your completed proposal and required documents to gm.recovery.bcc@bankofbaroda.com. Alternatively, submissions can be faxed to the numbers provided in the RFP. Ensure physical submissions are sent to the Baroda Corporate Centre before the specified deadline for your application to be considered.
What are the important dates for this form in 2024 and 2025?
For 2024, the RFP issuance date is set for 21st June, with the pre-bid meeting on 02/07/2024 at 15:00 hours. The last date for submission will be confirmed, and commercial bid openings will be communicated directly to bidders post-evaluation.
What is the purpose of this form?
This form serves as a request for proposal from the Bank of Baroda to interested agencies who can provide collection services for outstanding dues. It outlines the specific requirements and timelines for agencies wishing to submit their proposals. The RFP ensures a structured and competitive process for selecting the best agency for the task.
Tell me about this form and its components and fields line-by-line.
- 1. Particulars: Details about the bidders and their capabilities.
- 2. Application Money: The fee required to submit a proposal.
- 3. Earnest Money Deposit: A security deposit to ensure the bid is legitimate.
- 4. Contact Information: Details for the RFP coordinator and their availability.
- 5. Submission Dates: Critical dates for pre-bid meetings and application submissions.
What happens if I fail to submit this form?
Failing to submit the form by the designated deadlines may result in disqualification from the bidding process. Missing critical information can lead to rejection of the proposal due to non-compliance with Bid requirements.
- Disqualification: Your agency may not be considered for further evaluation.
- Rejection of Proposal: Submissions that do not meet the criteria will be disregarded.
- Loss of Opportunity: Not submitting the form on time means missing the chance to win the contract.
How do I know when to use this form?
- 1. Tender Submission: When applying to be a service provider for Bank of Baroda's collections.
- 2. Pre-Bid Queries: To seek clarifications before the bid submission.
- 3. Finalizing Proposals: To ensure all documents are completed per the requirements.
Frequently Asked Questions
What is this document about?
This document is a Request for Proposal for the selection of an agency to collect dues for Bank of Baroda.
How do I submit my RFP response?
You can submit your RFP response via email, fax, or through online submission as outlined in the document.
Who is eligible to apply?
Agencies must meet the criteria specified in the RFP to be considered for the selection.
What are the key deadlines?
Important dates, including submission deadlines and the pre-bid meeting, are provided in the document.
How do I contact the RFP coordinator?
Contact details for the RFP coordinator are listed in the document for your convenience.
Can I edit the PDF?
Yes, you can easily edit the PDF using the PrintFriendly editor.
Is there a fee to submit my RFP?
An application money and earnest money deposit are required as stated in the RFP.
What happens after my submission?
Once submitted, the evaluation process will begin, and results will be communicated to successful bidders.
Can multiple agencies collaborate on this bid?
Yes, agencies can form partnerships to submit a combined proposal, ensuring all eligibility criteria are met.
Is there confidentiality for my submission?
Yes, the document outlines the confidentiality requirements for all submissions.
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