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Request For Proposal (Finance) Template for Austria

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Key Requirements PROMPT example:

Request For Proposal (Finance)

"I need a Request for Proposal (Finance) under Austrian law for selecting a new core banking system provider, with emphasis on cloud infrastructure and data security compliance, to be issued by March 2025."

Document background
The Request for Proposal (Finance) is a critical procurement document used by organizations operating under Austrian jurisdiction when seeking to acquire significant financial services, products, or solutions. This document type is particularly relevant when organizations need to ensure compliance with both Austrian financial regulations and EU directives while maintaining a transparent and competitive procurement process. The RFP includes comprehensive sections covering technical requirements, regulatory compliance, pricing structures, and evaluation criteria, tailored to meet the specific needs of financial service procurement. It is designed to align with Austrian Financial Market Authority (FMA) guidelines, the Austrian Banking Act (BWG), and relevant EU financial services regulations, making it suitable for both public and private sector organizations seeking to engage financial service providers through a formal, structured process.
Suggested Sections

1. Introduction: Overview of the organization issuing the RFP and high-level purpose of the procurement

2. RFP Timeline: Key dates including release date, question submission deadline, response deadline, evaluation period, and award date

3. Project Overview: Detailed description of the financial services or products being procured and business objectives

4. Scope of Services: Specific requirements, deliverables, and expected outcomes of the financial services being sought

5. Submission Requirements: Detailed instructions for proposal submission, including format, deadline, and contact information

6. Bidder Qualifications: Required qualifications, licenses, certifications, and experience for eligible bidders

7. Evaluation Criteria: Detailed breakdown of how proposals will be evaluated and weighted scoring criteria

8. Compliance Requirements: Regulatory compliance requirements, including Austrian financial regulations and EU directives

9. Terms and Conditions: General terms governing the RFP process and subsequent contract

10. Proposal Format: Required structure and content of proposals for standardized evaluation

Optional Sections

1. Pre-Bid Conference: Details of any pre-bid meetings or conferences, used when complex requirements need detailed explanation

2. Site Visit Requirements: Information about mandatory or optional site visits, relevant for projects requiring physical infrastructure assessment

3. Prototype/Demo Requirements: Requirements for product demonstrations or proof of concept, relevant for technical financial solutions

4. Sustainability Requirements: Environmental and social responsibility criteria, used when ESG factors are important

5. Innovation Opportunity: Section allowing bidders to propose innovative solutions beyond basic requirements, useful for complex financial projects

6. Consortium Guidelines: Rules and requirements for joint proposals, used when allowing consortium bids

7. Local Content Requirements: Specifications for local Austrian content or presence, when relevant to the project

8. Transition Services: Requirements for transition from existing providers, relevant when replacing incumbent services

Suggested Schedules

1. Schedule A - Technical Requirements: Detailed technical specifications and requirements for the financial services

2. Schedule B - Pricing Template: Standardized format for submitting pricing information and cost breakdowns

3. Schedule C - Service Level Agreement Template: Proposed service levels and performance metrics

4. Schedule D - Compliance Checklist: Detailed regulatory and compliance requirements checklist

5. Schedule E - Required Forms: Standard forms including non-disclosure agreements, conflict of interest declarations, and compliance certifications

6. Schedule F - Draft Contract: Proposed contract terms and conditions for the successful bidder

7. Schedule G - Security Requirements: IT security, data protection, and privacy requirements

8. Appendix 1 - Current State Assessment: Description of existing systems or services to be replaced or enhanced

9. Appendix 2 - Volume and Transaction Data: Historical data and projected volumes relevant to the service scope

10. Appendix 3 - Reference Format: Template for submitting client references and past project examples

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions











































Clauses



































Relevant Industries

Banking

Investment Services

Insurance

Financial Technology

Asset Management

Corporate Finance

Payment Services

Wealth Management

Risk Management

Treasury Services

Capital Markets

Regulatory Compliance

Relevant Teams

Finance

Procurement

Legal

Compliance

Risk Management

Treasury

Operations

Project Management

Vendor Management

Internal Audit

Due Diligence

Strategic Planning

Information Technology

Business Development

Relevant Roles

Chief Financial Officer

Procurement Manager

Financial Controller

Legal Counsel

Compliance Officer

Risk Manager

Treasury Manager

Project Manager

Financial Analyst

Business Analyst

Contract Manager

Vendor Relationship Manager

Due Diligence Specialist

Operations Director

Chief Risk Officer

Head of Finance

Procurement Specialist

Regulatory Compliance Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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