Selection Criteria

 

The OC must be a global financial institution, or a consortium of global financial institutions, which have offices or active correspondent relationships in all of the significant financial centers of the United States, Europe, the Middle East and Asia.

 

The Selection Committee will evaluate each proposal according to ten [10] different categories, as follows:

 

General Description International Presence Trade Finance Profile Project Plan Team Organization

Technology Transfer Credit Structure Training Agency Processing Agreement Proposed Pricing

 

The selection categories are not stated in order of priority.  The weighting of each category will be applied uniformly to all proposals.  While the Proposed Pricing (Section 10., below) will be an important aspect of proposal evaluation, the Processing Agreement will not necessarily be awarded to the low-cost bidder.  The CPA is looking for the best overall value, and pricing will be evaluated against what each bank or OC can deliver in the other nine [9] selection categories.