Bid No.


Issued By

Ethiopia Commodity Exchange

Bid Doc. Price

Birr 200.00

Published Date

May 1, 2010

Opening Date

June 15, 2010


Bid Category

Commodity Exchange Software



Name of Project: Rural Capacity Building
Description of the information System: Commodity Exchange Software
Credit Number: 4201
IFB Title: Commodity Exchange Software

1.      This invitation for Bids (IFB) follows as the General procurement Notice (GPN) for this that appeared in UNDB online on September 29, 2007.

2.      The federal Democratic Republic of Ethiopia has received a credit from International Development Association (IDA) toward the cost of Rural Capacity Building project, and it intends to apply part of the proceeds of this credit to payments under the agreement resulting from this IFB: Commodity Exchange Solution.

3.      The Ethiopia Commodity Exchange (ECX) now invites sealed bids from eligible Bidders for the supply, customization, configuration, installation, training and technical support of a comprehensive commodity exchange software solution for Furthers and Forwards trading including required hardware and system software to operate the trading platform.

4.      Bidding will be conducted using the International Competitive Bidding (ICB) procedures specified in the world Bank’s Guidelines: procurement under IBRD Loans and IDA Credits, edition of May 2004 revised October 2006 and is open to all Bidders eligible as defined in these Guidelines, that meet the following minimum qualification criteria:

During the past four years, at least one verifiable successful contracts that is similar in scope and nature to this bid.

Proposed exchange software solution has been successfully implemented and in operation for a minimum of two years at one or more external clients (Excludes unique purchaser’s functional and technical requirements yet to be customized)

Demonstrate annual turnover of at least two times the total bid price for one of the last three years

Skills and competence of key personne

Position              Total Work/Business          In similar                                            Experience (years)             Work (Years) 

     1) Project Manager                              06                  02
     2) Application Development Manger    06                01
     3) Quality Assurance Manger               04                 01

5.      Interested eligible Bidders may obtain further information from Commodity Exchange and inspect the bidding documents at the address given below in item 8 from 10:00 am-4:00 pm local time beginning May 4, 2010.

6.      A complete set of bidding documents in English language may be purchased by interested Bidders on submission of a written application to the address specified in item 8 below and upon payment of a non-refundable fee of 200 Ethiopian Birr or in freely convertible currency. The methods of payment will be Cash or Bank’s Check. The document may be collected by authorized bidder representative specified in the written application. The document may also be sent by courier provided the bidder presents pre-paid Airway Bill along with written application.

7.      Bids must be delivered to Ethiopia Commodity Exchange at the address given below in item 8 at or before 11:00 am local time on June 15, 2010. Bids need to be secured by a bid security. The amount of Bid security required is 400,000 Ethiopian Birr or in a freely convertible currency. Late bids will be rejected, Bids will be opened in the presence of Bidders or representatives who choose to attended at the address below at 11:30 am local time on June 15, 2010.

8.      The attenuation of prospective Bidders is drawn to (i) the fact that they will be required to certify in their bids that all software is either covered by a valid license or was produced by the Bidder and (ii) that violation are considered fraud, which can result in ineligibility to be awarded a World Bank –financed contracts.

Ethiopia Commodity Exchange
Attn: Mr. Solomon Edossa
Office of the Chief Information Officer
Alsam Chelelek Tower 2, 3rd floor, Mexico Square
Tel. + 251 011 554 7001

Addis Ababa


Bids (Tenders) are obtained from "The Ethiopian Herald" which is published by Ethiopian Press Agency. All rights reserved.

Copy right 2010 by [EthioMarket]. All rights reserved.  Terms and Conditions