Request For Proposal (RFP) for appointment of Advertising Agencies
Request For Proposal (RFP) for appointment of Advertising Agencies
Request For Proposal (RFP) for appointment of Advertising Agencies
2
INDEX
Sr No Heading Page no
1 Notice inviting Tender 3
2 Process of selection 3
3 Scope of work 6
4 Criteria for selection 7
5 General Terms and Condition 11
6 Instructions for tendering 20
7 Annexure I- Tender Form- Technical Bid 21
8 Annexure II- Tender Form-Financial Bid 24
9 Annexure III-Format for declaration-cum-certificate of no penalties, no blacklisting and no cases pending
25
10 Annexure IV- Format for client certification 26
Important Dates:
Date and Time Venue
Pre Bid Meeting March 15, 2016 at 3 PM 19th Floor, Conference Room, IDBI Bank, IDBI Tower, WTC Complex, Cuffe Parade, Mumbai.
Last date of submission of Technical & Financial bids
March 21, 2016 at 3 PM
Date of opening Technical Bids March 21, 2016 at 3 PM
Date of opening Financial Bids Date and time will be informed only to the qualified agencies in due course
Request For Proposal (RFP) for appointment of Advertising Agencies
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NOTICE INVITING TENDER
Appointment of Advertising Agencies for IDBI Bank Ltd.
1. IDBI Bank Ltd. (IDBI Bank) invites proposals for “Appointment of
Advertising Agencies” to provide comprehensive creative and media
services.
2. Interested bidders may peruse the detailed RFP hosted on www.idbi.com.
Process of selection
IDBI Bank would be detailing the minimum pre-qualification requirements
and the process of selection in the RFP.
The designated Committee would evaluate the quality of Bidders on
the criteria mentioned in the RFP based on their proposals received and
fulfillment of eligibility criteria (technical bid). The technically eligible
agencies would be called to make a presentation before a designated
Committee at IDBI Bank, Mumbai. The presentation would be evaluated on
a score of 100.
Financial bid of only the shortlisted Bidders i.e. the bidders who score at
least 60 out of 100 in the presentation would be considered. In the
financial bid, break up of creative and media commission as % on gross
media billing to be given separately.
The marks scored in the presentation which essentially rates the bidder on
quality criteria will be given a weightage of 60%.The financial bids will be
given a weightage of 40%. The combined score of presentation and
financial bids will determine the ranking. The formula for calculation of the
combined score is detailed in section „Criteria for Selection‟.
In case of a tie in the combined score between bidders, the bidder
with higher quality score will be given a higher rank.
Based on the ranking derived from the combined score, the Bank will at its
sole discretion appoint the requisite number of agencies.
The allocation of work among the agencies will be at the sole discretion of
IDBI Bank. Agencies would be allocated to the various Verticals /
Departments/ Zones/ Product / Services of the Bank and work would be
assigned as per requirements of the respective Department / Vertical.
However, this may later be changed at the sole discretion of IDBI Bank.
Empanelment does not bind the Bank to allocate work to any agency.
Request For Proposal (RFP) for appointment of Advertising Agencies
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The bidding Agency should be offering the services mentioned in „Scope of
Work‟. If required the bidding agency may sub contract / delegate part of
the services mentioned in „Scope of Work‟ with prior approval of the Bank.
In case of sub-contract / delegation, the responsibility for the execution of
services would rest solely with the bidding agency. The bidding agency
would have to ensure that the terms and conditions stipulated by the Bank
are complied by the agency to whom the work has been sub contracted /
delegated.
IDBI Bank does not bind itself to accept the lowest or any Tender and
has the right to refuse any Tender without assigning any reason or select
any Bidder that is in the final evaluation list. IDBI Bank also reserves the
right to re-issue the Tender without Tenderers having the right to object
against such re-issue. IDBI Bank also reserves the right to extend the
validity period of the Tender.
The tenure of the contract with the Agencies, so appointed, would run for
3 years from date of appointment under the current RFP. However, this
would be subject to satisfactory performance of each agency every one
year from date of appointment, which would be solely adjudged by IDBI
Bank. In case the performance of any Agency/ies is/are deemed
unsatisfactory, their contract will be terminated as per the provisions of the
“termination of contract” clause mentioned in the RFP. The contract may
be extended by IDBI for maximum 6 months after completion of tenure of 3
years.
The commission (actual and/ or benchmark) as % on both creative and
media on gross media billing, decided through the financial bidding
process would remain valid for the entire contract period.
The Bidders shall submit their offers strictly in accordance with the
Terms & Conditions of the Tender document. Any tender that stipulates
conditions contrary to the conditions given in the tender document stands
disqualified.
The technical and financial bids sh o u ld b e submitted in the sealed
envelopes (please refer to section on instructions for tendering) and must
reach General Manager, Corporate Strategy & Communications
Department (Corporate Communication), IDBI Bank Ltd., 19th floor, IDBI
Tower, WTC Complex, Cuffe Parade, Mumbai – 400005 latest by 3 PM
Request For Proposal (RFP) for appointment of Advertising Agencies
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on March 21, 2016 and the technical bids will be opened as per schedule
below:
Date: March 21, 2016 Time: 3 PM
Pre bid meeting: All queries regarding the RFP can be discussed with the
Bank on March 15, 2016 at 3 PM in the pre bid meeting.
Any Tenders received by IDBI Bank after the deadline for submission
of tenders prescribed by IDBI Bank will be rejected and returned
unopened to the Bidder. IDBI Bank shall not be responsible for any
delay or non- receipt/ non-delivery of the documents.
During opening of the t e c h n i c a l a n d f i n a n c i a l bids
representatives of the bidders are requested to be present at IDBI
Bank, IDBI Tower, WTC Complex, Cuffe Parade, Mumbai. However, bids
would be opened even in the absence of any or all representatives of the
bidder.
IDBI Bank reserves the right to reject any or all the bids without assigning
any reasons thereof.
IDBI Bank also reserves the sole right for carrying
out amendments/modification/changes including any addendum to this
RFP. S u c h amendments/modification/changes including any addendum
to this RFP shall be notified on the Bank‟s website www.idbi.com and these
will be binding on the agencies.
IDBI Bank reserves the right to extend the deadline without assigning any
reasons thereof. Intimation of the same shall be notified on the Bank‟s
website www.idbi.com.
The Bidder shall bear all costs associated with the preparation
and submission of the Tender and IDBI Bank will in no case be held
responsible or liable for these costs, regardless of the conduct or
outcome of the tendering process.
Sd/- (Saumya Chaudhuri) General Manager IDBI Bank Ltd. Place: Mumbai Date: March 02, 2016
Request For Proposal (RFP) for appointment of Advertising Agencies
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Scope of Work
Develop marketing plans to promote IDBI Bank as friendly and
approachable, catering to all types of customers.
Developing creatives based on the most effective marketing strategy
for all media
Undertake media planning, buying, release, monitoring and billing.
Developing cost effective media plans based on effective media
selection.
Undertake impact analysis of individual campaigns.
Development of existing products & new product communications.
Developing A/V films for IDBI Bank
Below the Line activities including event management
Competition tracking
Clutter analysis
Plan and propose campaigns and promotions including media tie-up,
product placement and others.
Budget allocation and management based on budget information
sharing between IDBI Bank and agency.
Monitoring campaigns and Reviewing media and creative effectiveness.
Transaction reports and other KPIs like discount rate.
End-to-end process management for creative and media services.
Any other activities /services relevant to the allocated assignments.
Other associated activities / services as may be required by the Bank
Cost for such activities to be determined separately on a case-by-
case basis as per scope of work decided and would be reimbursed by
the Bank.
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Criteria for selecting Advertising Agencies
1. Minimum Eligibility Criteria
A list of Qualifying Requirements (QRs) and the supportive
documents that need to be submitted is given below. Any Agency not
meeting any of the following QRs or not submitting any of the documents
shall be rejected. Only those agencies who satisfy all the Qualifying
Requirements would be eligible for being called for giving presentation.
Sr No Qualifying Requirement (QR) Documents to be enclosed
1 (a) The Agency should have been in existence in India since April 01, 2010 or earlier with ability to service the client through their office in Mumbai.
Certificate of Incorporation. 1 (b) The Agency must have a Gross
capitalized billing of at least Rs.100 crores (Rupees Hundred Crores) in each of the three previous financial years i.e. (April 2012- March 2015).
Suitable certification by Statutory / Tax Auditors. Billing from Agency Services only to be considered. Specifically, billing from proprietary deals (such as outdoor rentals) will not be considered.
1 (c) The agency should be profit making and the Net Worth should be positive during the previous financial year (April 2014-March 2015).
Copies of audited balance sheets and profit and loss Accounts OR certificate by Statutory / Tax Auditor.
1 (d) The Agency should not have been penalised or found guilty in any court of law and the agency shall not have been blacklisted / debarred by any Central / State Government / PSU / Bank/ RBI/ IBA/ any regulatory authority and not involved in any major litigation that may have impact or compromise the delivery of services required during last three years i.e. April 2012-March 2015 and April 2015 onwards till date.
Self Certification on letter head to be provided as per Annexure III. However IDBI Bank would have the right to independently verify the same.
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Sr No Qualifying Requirement (QR) Documents to be enclosed
1 (e) The Agency should have worked with at least two banks (of which at least one should be a PSU Bank) for last three years (April 2013 – till date of RFP) with satisfactory performance for the services specified in this RFP.
Certification of satisfactory performance (not more than 1 month old) by the banking clients (of which at least one should be PSU Bank) for last three years (April 2013 – till date of RFP) as per Annexure IV
1 (f) Neither the agency nor its proprietor / directors / partners has defaulted to any Bank.
CIBIL report of the agency and its proprietor / directors / partners.
2. Apart from the minimum eligibility criteria as stated above, the Agency is also required to submit the following information:
Sr No Documents Required
2 (a) Ownership and nature of entity (public, partnership, subsidiary, etc.).
2(b) Income Tax returns for past three years.
2 (c) Board resolution authorizing the authorized signatory to sign on
behalf of the agency.
2 (d) Proof of address of registered office.
2 (e) Service Tax Registration Certificate
Qualitative Evaluation Criteria for Advertising Agency
Criteria
Weightage
Understanding of Banking, Financial Services and Insurance (BFSI) sector
20
Ability to provide integrated services across all media together 10
Ability to service the Client (specifically TAT) and scale up the activities if necessary
10
Ability to provide localized solutions 10
Creative and media (planning and buying) ability for print 10
Creative and media (planning and buying) ability for television and radio
10
Creative and media (planning and buying) ability for outdoor and BTL including event management
10
Ability to visualize client‟s objectives and to provide customized solutions
20
TOTAL 100
* Only the Agencies scoring 60 or more out of 100 will be eligible for financial bidding
Request For Proposal (RFP) for appointment of Advertising Agencies
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Financial Bids
Financial bid of the shortlisted Bidders i.e the bidders who score at least 60
out of 100 in the presentation would be considered. In the financial bid break
up of creative and media commission as % on gross media billing to be given
separately. Date and time of opening of financial bids will be informed only to
the qualified agencies in due course.
Calculation of Combined Score
Score = 𝑄 𝑤 𝑥 𝐸𝑄𝑆
𝐻𝑄𝑆+ 𝐹 𝑤 𝑥
𝐿𝐶
𝐶
Q(w) = weight of the quality score (60)
HQS= highest evaluated quality score among the qualified bidders
EQS= evaluated quality score of bidder
F(w)= weight of the financial score (40)
C = rate quoted by the bidder
LC= lowest rate quoted among the qualified bidders
The following are illustrations of the above procedure:
Illustration 1- Assumption - 3 agencies will be empanelled (Note: Actual
number of agencies to be decided at the sole discretion of the Bank)
No. Agency Quality score
1 AAA 60
2 BBB 90
3 CCC 85
4 DDD 80
5 EEE 95
6 FFF 60
7 GGG 55
In the above illustration, the bidders viz AAA, BBB, CCC, DDD, EEE, FFF have
scored 60 and above and are therefore shortlisted for submission of financial
bid.
No. Agency Quality score Total rate of commission on gross media (Creative + Media) (%)
Combined Score
Rank
1 AAA 60 8 62.89 6
2 BBB 90 7 85.41 1
3 CCC 85 8 78.68 4
4 DDD 80 6 83.86 2
5 EEE 95 9 82.22 3
6 FFF 60 5 77.89 5
Request For Proposal (RFP) for appointment of Advertising Agencies
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Based on this combined score the agencies will be ranked.
Agency scoring the highest combined score is considered as L-1 and the
rate of commission quoted by that agency will be treated as benchmark
rate. The Bank would invite the shortlisted agencies to match the
benchmark rate of commission. Agencies agreeing to this
arrangement will be considered for empanelment. In case any of the
shortlisted agencies has quoted a rate lower than the benchmark rate of
commission, then the lower rate quoted would be the rate of commission
for that agency.
In the above illustrations BBB will become L-1 and 7% would be the
benchmark rate.
The Bank at its sole discretion will appoint requisite number of agencies.
For the sake of illustration if it is assumed that the Bank is empanelling 3
agencies, it would consider DDD (ranked L-2) and EEE (ranked L-3)
The commission payable to DDD would be 6 %. EEE would have to match
the benchmark commission of 7%. If agreeable, EEE would be empanelled
and the rate of commission payable to EEE will be 7%. In case any of the
agency / ies is not agreeable to match the benchmark rate, the Bank has
the right to consider the subsequently ranked agency / ies for
empanelment. In the above illustration in case EEE does not agree to
match the benchmark rate, the Bank has the right to consider CCC for
empanelment.
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General Terms and Conditions
Assignment
The Agency shall not save and except with the prior written approval
of IDBI Bank, undertake any work of any nature not assigned and/or
not mentioned in the tender and for executing such works. The Agency
shall state the nature of work and probable expenditure thereof. After
IDBI Bank has accorded its consent in writing for execution of such
work and / or incurring expenditure thereof, only then shall the
Agency undertake such work and not otherwise.
No rights or liabilities under this Agreement shall be assigned by any of
the Parties hereto without the prior written consent of the Other Party
Agency’s General Responsibilities
The Agency shall, subject to the provisions of the Assignment and
with due care, execute the work and take all responsibility, including
the supervision thereof and all other things, whether of a temporary or
permanent nature, required in and for such execution.
The Agency shall carry out and complete the work in
accordance with prevailing good industry practices and using
workmanship of the quality and standards therein specified, provided
that where and to the extent some approval of the quality of the
standards of workmanship is a matter of opinion, such quality and
standards shall be to the satisfaction of IDBI Bank.
Sufficiency of Tender
The Agency shall be deemed to have satisfied itself as to the
correctness and sufficiency of the rates and prices before agreeing to
the Terms and Conditions.
Tenure
The tenure of the contract with the Agencies, so appointed, would run
for 3 years from date of appointment under the current RFP. However,
this would be subject to satisfactory performance of each agency every
one year from date of appointment, which would be solely adjudged by
IDBI Bank. In case the performance of any Agency/ies is/are deemed
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unsatisfactory, their contract will be terminated as per the provisions
of the “termination of contract‟ clause mentioned in the RFP. The
contract may be extended by IDBI for maximum 6 months after
completion of tenure of 3 years.
Payment terms
IDBI Bank will make payment of the amounts chargeable to IDBI Bank
on a monthly basis as applicable. Any third party cost incurred by the
Agency to carry out the above assignment would be reimbursed to the
Agency, provided the cost was incurred with prior approval from IDBI
Bank and all third party supporting document submitted along with
invoice.
For ATL work, the applicable commission (which includes creative and
media services) on gross media billing only will be payable. No
commission / fee will be payable on the production cost. Also, no
charges in the nature of fee will be payable to the agency separately for
art-works, production charges, studio charges or translation charges.
However, third party cost incurred by the Agency would be reimbursed
to the Agency, provided the cost was incurred with prior approval from
IDBI Bank.
For BTL activities carried out by the Agency, the same percentage
commission, as arrived at through the financial bid, would be payable on
the total net billing including production cost. No charges will be payable
separately for art-works except as mentioned below.
Over and above the commission as above, IDBI would also pay the
selected Agencies art-work charges for BTL and other non ATL creatives
[including studio charges, translation charges etc.], on a monthly basis,
as per the card rate of the selected Agency. However, such payment
would be capped, Rs.1.00 lakh per month.
The cap on monthly art-work charges can be raised by upto 10% at
the end of every year, at the sole discretion of IDBI Bank, in case there
is a commensurate increase in work that justifies the higher cap,
otherwise the earlier charges would remain valid till end of contract
period.
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For any other work, including but not limited to carrying out marketing
research and marketing analytics, the price could be decided on a case-
by-case basis depending on the scope of work.
In case only one of the service is availed then only commission for the
service availed would be paid. Eg. In case only media release is done
without any creative being developed, then only media commission will
be paid.
Taxes
All applicable taxes will be paid by IDBI Bank. The Agency shall be
responsible for deposit of all taxes, duties, levies fees or charges in
respect of the works as required for the Assignment to concerned
Government authorities. Also TDS will be deducted from the payments
to the Agency as per applicable laws.
Statutory authority obligations, notices, fees & charges
The Agency shall comply with and give all notices required by any
Act, any instrument, rule or order made under any Act, or any
regulation or byelaw of any relevant authority which has any
jurisdiction with regard to the assignment. The Agency shall also
abide by the rules and regulations of INS, AAAI, ASCI and other
relevant organizations and conform to the aforesaid rules and
regulations.
The Agency would comply with all Applicable Laws as they relate
to its performance under this Agreement. This Agreement shall be
governed, interpreted by and construed in accordance with the
substantive laws of India.
Limited Agency
For the limited purpose of purchasing materials and engaging the
services of Third Parties which are necessary for providing the
Services under this Agreement, IDBI Bank would appoint the
designated Agency/ies as its agent.
It is expressly clarified that IDBI Bank is responsible for all
costs and expenses incurred by the Agency on behalf of IDBI Bank,
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which shall be incurred only on receiving the prior approval of IDBI
Bank.
Save and except the “Limited Agency” created under this
Agreement, the Agency/ies appointed would be an independent Party
and neither Party is the legal representative of the other; further, the
Personnel of the Agency/ies and other Third Parties engaged to
perform any Services under this RFP are not the employees of IDBI
Bank.
Rights in Intellectual Property and Material
All the rights relating to the Trade Marks and Copy Rights in
respect of publicity work generated by the Agency on behalf of IDBI
Bank and paid for by IDBI Bank shall vest with IDBI Bank. Provided
that IDBI Bank would reimburse the Agency for any sums of
money paid for the assignment / licensing of the copyright by way
of fees, charges, or otherwise as provided by the guidelines,
regulations, rules, or policies of any professional body or
association, with prior approval from IDBI Bank.
All concepts, communications etc. created or conceived by the
Agency on behalf of IDBI Bank and involving name of IDBI Bank
shall not form part of any award or competition or promotion unless
prior written consent of IDBI Bank has been obtained therefor.
Confidentiality
Information provided under this RFP and subsequent Service
Agreement (if the Agency is selected) is confidential and neither Party
shall at any time either during the association or at any time thereafter
divulge either directly or indirectly to any person(s), firm or company,
business entity, or other organisation whatsoever, any Confidential
Information that the Other Party may acquire during the course of such
association or otherwise concerning the Other Party‟s business,
property, contracts, trade secrets, clients or affairs.
Indemnification
All applicants under the RFP absolutely, irrevocably and
unconditionally hereby indemnifies and undertakes to keep IDBI Bank
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and /or its directors, officers, employees, agents, and representatives
indemnified and hold harmless for all time from and against all
charges, costs, losses, claims, demands, damages, liabilities,
obligations, suits, judgments, penalties, proceedings, prosecutions,
litigations, or actions, financial or otherwise; at law or equity,
including the expenses of defending any claim of liability by any third
party, and from and against all actual damages sustained, whatsoever,
whether past, or current suffered or incurred by IDBI Bank and
or its directors, officers, employees, agents and representatives due
to reason of (a) breach, misconduct, omission, or (b) negligence on
the part of the Agency and or its directors, employees, in the
performance of the Services including, but not limited to, any claim
arising out of improper or illegal use or adoption or invasion or
infringement of the copyright or intellectual property right.
Termination
In the event of non-performance of the Agency as decided by the
Bank or any disputes or differences arising between the Parties
hereto on any matter / provision set out in this RFP and subsequent
Service Agreement for the selected Agency, the Parties shall try to
resolve the matter amicably inter se. The defaulting Party shall be
given notice of 21 days to alter the situation and resolve the dispute or
reverse the damage caused in any way.
In the event the defaulting Party does not comply with its obligations,
on the termination of the notice period, the Other Party shall be
at liberty to terminate the Agreement, without further notice, and shall
additionally have the right to claim any further rights available under
the law, including without limitation, the right to damages.
Upon termination of the Agreement, the Agency would promptly hand
over to IDBI Bank all Deliverable Items, including work-in-progress,
all “as is where is” condition subject to the mutual settlement of all
money due and payable to them being paid. During the period of
notification of termination, the Agency shall complete pending
assignments and IDBI Bank shall agree to settle the dues in respect
of assignments after completion thereof by the Agency, except if
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specifically instructed by IDBI Bank to act otherwise.
IDBI Bank would also have the right to terminate such Service
Agreement with three months notice without assigning any reason.
Limitation of Liability
Save and except as provided in “Terms of Compensation” and
“Termination” herein, neither Party shall be liable to the other for
any lost revenue, lost profits or other incidental or consequential
damages based on any breach or default under this Agreement.
Survival
In the event of the Termination of this Agreement (with the selected
Agencies) in whole or in part, the Clauses titled “Compensation”,
“Rights in Intellectual Property and Material”, “Indemnification”,
“Confidentiality”, and “Limitation of Liability” shall survive and continue
in effect and shall ensure to the benefit of and be binding upon both the
Parties, their successors and assigns.
Severability
Each of the above restrictions is separate and severable from the
other. Any provision, which is invalid or unenforceable, shall be
ineffective to the extent of such invalidity or unenforceability,
without affecting in any way the remaining provisions hereof.
Written Notice of change in name, form or control of either Party
The Agency shall provide IDBI Bank with prompt 30 days prior
written notice of any change in Agency‟s name, ownership, or form
of organisation. The Agency shall also provide IDBI Bank with prompt
written notice and in any event within a period of 30 days of the
occurrence of any event, which could jeopardize or materially impact its
ability to perform its obligations under this Agreement in a timely
manner.
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Force Majeure
If either Party is unable to perform its obligations under this Agreement
due to the occurrence of an event beyond its control (such as acts of
God, War like situations, Riots, Bandhs, Government actions,
Earthquakes, Cyclones, Typhoons, and other natural calamities, etc.),
that Party will not be deemed to have defaulted under this Agreement.
Each Party would use all reasonable efforts to enable performance
under this Agreement to continue. If a Force Majeure situation arises,
the Agency shall promptly notify IDBI Bank in writing of such conditions
and shall serve the notice on IDBI Bank within 15 (fifteen) calendar
days from the date of happening of Force Majeure and also submit all
necessary proof to the satisfaction of IDBI Bank and the time when the
Bidder is likely to resume its obligations. IDBI Bank shall decide the
happening of the Force Majeure and the decision of IDBI Bank shall be
final, conclusive and binding on the Bidder. Unless otherwise directed
by IDBI Bank in writing, the Bidder shall continue to perform its
obligations under the Contract as far as it is reasonably practical, and
shall seek all reasonable alternative means for performance not
prevented by the Force Majeure event. The decision of IDBI Bank in
deciding whether the event is force majeure or not is at the sole
discretion of IDBI Bank and binding on the Bidder. In such a case,
the time for performance shall be extended by IDBI Bank (but shall not
be bound to) by a period(s) not less than the duration of such delay. If
the duration of delay continues beyond a period of one month, IDBI
Bank and the Bidder shall hold consultations with each other in an
endeavor to find a solution to the problem and in the event of not
finding a solution, IDBI Bank shall be entitled to terminate the Contract
without being responsible or liable to any damages. Notwithstanding
the above, decision of IDBI Bank shall be final and binding upon the
Bidder.
The Agency to conduct as per Good Faith and as per Good Industry Practice
Notwithstanding anything contained in this Agreement, the
Agency shall conduct its obligations as an agent in good faith and
exercise reasonable care as per Good Industry Practice and for
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removal of doubt the degree of care shall in no way less than what it
is required as if it were a principal. While acting as an agent The
Agency shall be responsible to IDBI Bank for all acts of negligence,
and for consequences emanating from lack of exercise of reasonable
care. The Agency is bound to supervise the proper execution of
contracts entered by it on behalf of IDBI Bank as its agent.
Conflict of interest
The Agency shall strictly avoid conflicts with other assignments/jobs
or their own corporate interest and shall disclose to IDBI Bank all
actual and potential conflicts that exist, arise or may arise in the
course of performing the services after it becomes aware of that
conflict.
Sub Contracts
The Agency as and when required may sub contract the work with prior
approval of the Bank provided the intimation in writing of all
collaborations be given to the Bank. However, such notification shall not
relieve the agency from any liability or obligation under the contract. The
Agency shall be responsible for the performance of sub contractors
appointed by it.
Other Conditions
This document is meant to provide information only and upon the
express understanding that the recipients will use it only for the purpose
set out herein.
While this document has been prepared in good faith, neither the Bank
nor any of its employees make any representation or warranty or shall
have any responsibility whatsoever in respect of this document. Any
liability is accordingly and expressly disclaimed.
This document constitutes no form of commitment on the part of the
Bank
IDBI Bank reserves the right to appoint auditors to audit the books of
account of the agencies for transactions related to the Bank.
IDBI Bank shall have the right to avail Services from other agencies
as well and this RFP does not confer any exclusive rights to any
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Agency for Services rendered/to be rendered. Inter-se allocation of
work between the agencies in such case would be the sole discretion
of IDBI Bank and the decision of IDBI Bank in this regard shall be final.
It is clarified, as and by way of abundant caution that IDBI Bank will
have all ownership and / or license rights on all the ideas, concepts,
proposals, logos, designs, scripts etc developed by the Agency during
the course of this assignment as specified in the RFP and paid for by
IDBI Bank.
The Agency shall in respect of the Services, obtain prior written
approvals from the Designated Authorised Signatories of IDBI Bank,
in all cases, in respect of the form, the manner, the extent and the
wording of all publicity materials produced before taking any action
under the Agreement.
IDBI Bank would have the right to reject all or any of the applications
without assigning any reason for the same.
From the time the proposals are opened to the time of empanelment,
the agency / ies should not contact the Bank or any of its employees or
representatives on any matter related to the proposal with a view to
influence the examination, evaluation, ranking and empanelment. Such
an effort shall result in rejection of the proposal.
The agency empanelled will have to execute an agreement with the
Bank in the format approved by the Bank. The same will be provided
after finalization of empanelment. If the selected Agency differs / does
not agree on any conditions / terms of the contract, the Bank has the
right to appoint the next ranked agency without any obligation or
without assigning any reasons to anyone and shall not be held liable
for any losses or damages caused by such action.
Unless and until a formal Agreement is prepared and executed, this
Tender (RFP) together with the written acceptance of the Agency
thereof shall constitute binding Terms and Conditions between the
parties.
Request For Proposal (RFP) for appointment of Advertising Agencies
20
INSTRUCTIONS FOR TENDERING
1. Before tendering, the Tenderers are requested to carefully examine the
Tender Documents, Terms & Conditions of Assignment, Specifications
and if there is or appears to be any ambiguity there in, they
should immediately refer the matter to IDBI Bank, for clarification.
2. (i) The Tenderer shall complete the annexed form of Tender and
information called for therein, and shall sign each of the documents with
date. The Authorised signatory of the Tenderer shall initial each page of the
Tender Document.
(ii) The Tender shall contain a name with designation, an address, Tel.
No., e-mail and Fax No. for serving notices required to be served to the
Tenderer in connection with the Tender.
(iii) The signed Technical Bid shall be placed in a sealed envelope clearly
marked “TECHNICAL BID- Name of Tenderer - Appointment of Advertising
Agency for IDBI Bank Ltd”. Similarly, the signed Financial Bid shall be
placed in a sealed envelope clearly marked “FINANCIAL BID-Name of
Tenderer - Appointment of Advertising Agency for IDBI Bank Ltd”. The
envelopes containing the Technical Bid and the Financial Bid shall be
placed in an outer envelope and sealed. This outer envelope shall be
super scribed “Appointment of Advertising Agency for IDBI Bank Ltd-
Name of the Tenderer.”
3. All forms may please be filled in Arial 12 Font in double spacing format.
4. The Tender shall be accompanied by the document proofs for qualifying
requirements in the same order, mentioned in the RFP. Documents not
required as part of the Tender should not be provided.
5. All certificates must be on respective letterheads.
6. For any clarification, the tenderer may contact Mr. Sunil Rao, DGM, IDBI
Bank, at (022) 66552214.
Request For Proposal (RFP) for appointment of Advertising Agencies
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Annexure I
FORM OF TENDER-Technical Bid
The General Manager Corporate Communications Division Corporate Strategy and Communications Department IDBI Bank Ltd.
19th Floor, IDBI Tower, WTC Complex Cuffe Parade Mumbai - 400 005
Subject: Empanelment of Advertising Agencies for IDBI Bank- Technical Bid
Having examined the Conditions of Assignment for the above Contract,
i.e. Appointment of Advertising Agency for IDBI Bank, we qualify under the
minimum eligibility criteria and offer to undertake the work in conformity with
the Conditions of Assignment as stipulated in this RFP.
Sr No
Particulars Details
1. Name of Agency
2. Registered Address
3. Website address
4. Nature of entity (proprietorship/partnership/ private/ public etc)
5. Name of Proprietor / Partners / Directors
6. Date of Incorporation
7. Details of authorized contact person
Name
Designation
Telephone nos
Mobile no
Email Address
Fax no
8. Net worth (2014-2015)
9. Profit (2014-2015)
10. Gross capitalized Billing
2012-13
2013-14
2014-15
11. Other relevant information
We hereby certify that all the particulars given above are correct and true
to the best of our knowledge. In case at any stage, it is found that the
information given by us is false / not correct, IDBI Bank shall have the
absolute right to take any action as deemed fit without any prior intimation
to us.
Request For Proposal (RFP) for appointment of Advertising Agencies
22
We undertake to complete and deliver the whole of the works
comprised in the RFP and agree to abide by the General Terms and
Conditions.
We agree to abide by the terms of this Tender from the date fixed for
receiving the same or agreed extended period and it shall remain
binding upon us and may be accepted at any time before the expiry of the
period.
Unless and until a formal Agreement is prepared and executed, this
Tender together with our written acceptance thereof shall constitute
binding Terms and Conditions between IDBI Bank and us.
We understand that the Request for Proposal (RFP) does not commit
IDBI Bank to reimburse the Participant for any costs incurred in submission
of this proposal. All statements in this RFP and any pre-contract
negotiations, understandings and agreements resulting from this RFP are
preliminary; consequently, IDBI Bank has no obligation to us until a written
contract is executed.
We understand that IDBI Bank has the right, without assigning
reasons thereof, to
i) Reject, amend, and modify any condition contained in the RFP
ii) terminate this RFP
iii) negotiate with one or more Participants
iv) Not award the assignment to any of the Participants and / or
recommence the entire process.
v) Contract with one or more Participants for any reasons whatsoever.
vi) Modify the requirements and terms of this RFP and request
revised proposals from some or all of the Participants.
We understand that IDBI Bank reserves the sole right to decide on the
number of agencies and the inter-se allocation of work between them.
List of documents attached with the tender (in the same order, mentioned in the RFP – Criteria for selection) a) Documents required as per 1 (a)
Name of document submitted b) Documents required as per 1 (b)
Name of document submitted
c) ……..
Request For Proposal (RFP) for appointment of Advertising Agencies
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(Please attach the documents in the same order in which they are listed above)
Signature of Authorised Person of bidding agency
Full Name & Designation of Authorised Person
Date:
Seal of Agency
Request For Proposal (RFP) for appointment of Advertising Agencies
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Annexure II
FORM OF TENDER-Financial Bid
The General Manager Corporate Communications Division Corporate Strategy and Communications Department IDBI Bank Ltd.
19th Floor, IDBI Tower, WTC Complex Cuffe Parade Mumbai - 400 005
Subject: Empanelment of Advertising Agencies for IDBI Bank- Financial Bid
We hereby submit our Financial Bid for selection of Advertising Agency of IDBI
Bank Ltd. We unconditionally agree to abide by the Terms & Conditions specified therein.
Sr No
Particulars Details / Charges
In figures In words
1 Creative commission as % on gross media billing
2 Media commission as % on gross media billing
Total Commission (1+2)
We hereby certify that all the particulars given above are correct and true to
the best of our knowledge.
Signature of Authorised Person of bidding agency
Full Name & Designation of Authorised Person
Name of the Bidding Agency
Date:
Seal of Agency
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Annexure III
(On letterhead of the agency duly stamped and signed)
DECLARATION-CUM-CERTIFICATE
TO WHOM SO EVER IT MAY CONCERN
This is to certify that the Agency has not been penalised or found guilty
in any court of Law and the agency has not been blacklisted / debarred
by any Central / State Government / PSU / Bank / RBI/ IBA / any regulatory
authority during last three years i.e. April 2012-March 2015 and April 2015
onwards till date
Further, this is to certify that our Agency does not have any legal, civil,
criminal, taxation and other cases pending against the company / agency
that may have any impact affecting or compromising the delivery of
services required.
Name:
Designation:
Date:
Request For Proposal (RFP) for appointment of Advertising Agencies
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Annexure IV
(On letterhead of the client duly stamped and signed)
Date:
TO WHOM SO EVER IT MAY CONCERN
This is to certify that ____________________ is our empanelled
advertising agency for more than _______ years.
The performance of the agency is satisfactory during their tenure with us.
Name:
Designation: