The Bank of Mauritius has issued an addendum to its request for proposals for consultancy services on its Business Transformation Project, extending the submission deadline to 18 May 2026 at 23:59 Mauritian Time and answering bidder questions on the assignment. The clarifications show that the Bank has already selected a new core banking system, although product and software provider details will only be disclosed to the successful bidder, and that the project involves replacing the existing system while adding functionality, integration and operational improvements across key central banking activities. The consultancy is expected to cover multiple project phases, including about three months of post go-live support, with the overall duration, detailed milestones and target go-live timing to be finalised during project initiation and planning. The consultant will provide independent advisory oversight rather than execution, including programme governance support, review of vendor-proposed business processes, test strategy and quality assurance, and oversight of data migration, reconciliation and validation processes. Scope confirmed in the Q&A includes accounting, banking operations and interfaces with the Bank’s payment systems, while test execution will primarily be carried out by Bank business users with support from the implementation service provider. The Bank also confirmed that on-site presence will be required, subcontracting is not permitted, bids should be priced as a fixed lump sum in MUR with milestone-based payments, and liquidated damages of up to 20% of contract value may apply for delays attributable to the consultant.
Bank of Mauritius 2026-05-08
Bank of Mauritius extends business transformation consultancy bid deadline to 18 May and clarifies core banking project scope
The Bank of Mauritius has issued an addendum to its RFP for consultancy services on its Business Transformation Project, clarifying scope, commercial terms and project approach while extending the submission deadline. The consultant will provide independent oversight for replacing and enhancing the Bank’s core banking system and central banking functions, including governance support, review of vendor processes, test strategy, quality assurance and data migration oversight. The Bank confirmed requirements such as on-site presence, no subcontracting, fixed lump-sum pricing in MUR with milestone-based payments, and liquidated damages of up to 20% of contract value for consultant-attributable delays.