Procurement process
XacBank aims to perform efficient and transparent procurements that will contribute Mongolian economic development, support environment, health and social responsibility as well as ensuring the continuity of goods and services required for the bank’s operation. XacBank applies same standards and criteria when selecting the potential suppliers in order to sustain the fair competence based market.
Our procurement principle
- To comply with bank’s mission and vision
- To be efficient
- Goods and services must be in high quality
- At the best available price in the market
- Cost effective for the bank
- To adhere the ethic
- To be free from conflict of interest
- Not to create unfair competence
- To stand against corruption
- To be against any activities related to crime and fraud
- To implement environmental and social responsibility
- Not to procure the goods and services having an adverse effect on environment and society
Code of conduct and standards for suppliers
- Must be able to bear risks and be financially independent
- Must have business experience and able to carry on the partnership in long term
- Must be able to provide the product quality assurance
- Must be adherent to local law and legislation and be paying taxes according to the law
- Must have a policy to keep stable price for goods and services
- Must hold an official right of the product and service or to be an official distributor
- Must have enough stock of goods and services and warehouse to keep these
- Must have skilled maintenance workforce and repair center.
- Must implement the E&S responsibility
- Must not operate any activity that has an adverse effect to the environment; it must adhere the legislation and regulations related to the environmental protection and the handling of dangerous and hazardous materials.
- Must prohibit the use of forced labor
- Employment conditions must comply with local labor laws, including wages and compensation
- Must ensure that child labor is not used
- Must treat all employees fairly, prohibiting harassment and discrimination against any group in its employment practices
- Must provide a safe work environment respecting the health of its workforce
- Must avoid any negative effects on local community and area
Procurement
| № | Name and description of open tender | Tender announced date | Winner of the tender | Winner of the tender |
|---|---|---|---|---|
| 1 | Independent Audit of Grant proceeds received by the Delivery Partner from the Green Climate Fund (GCF) | 26-Nov-18 | Grant Thornton Audit LLC | MNT 6,600,000 |
| 2 | “Strengthening the country coordination and National Designated Authority (NDA) and National Focal Point (NFP) for efficient engagement with the Green Climate Fund (GCF)” | 7-Nov-17 | International: Æquilibrium Consulting GmbH National: Independent & consultants | USD 125,250 |
| 3 | Development of an Informational Website for Informing Stakeholders and Raising Public Awareness of the Activities of the Climate Fund of the Ministry of Environment and Tourism | 2-Jul-18 | Green soft LLC | MNT 17,400,000 |
| 4 | Guidelines for the Branding and Image Redevelopment of the Climate Fund of the Ministry of Environment and Tourism | 2-Jul-18 | OndoWe LLC | MNT 10,000,000 |
| 5 | Mini-Grid and Off-Grid Project Preparation | 15-May-19 | Ochir Consulting LLC | USD 468,253 |
| 6 | Legal Consultancy Services for the Establishment of the Mongolia Green Finance Corporation | 5-Jun-19 | Khanlex LLC | USD 20,000 |
| 7 | Developing a Web-based Version of the GHG Emissions and Energy Savings Reporting Tool of XacBank | 30-Nov-21 | Able Soft LLC | MNT 31,000,000 |
| 8 | Independent Evaluation of Green Climate Fund (GCF)-funded Activities Implemented through XacBank | 26-Jul-21 | BlackRock Partners LLC | USD 48,917 |
| 9 | Selection of a Contractor to Provide Services Related to Security, Alarm Systems, Emergency Units and Special Transport at Ulaanbaatar and Regional Bank Branches | 10-Dec-18 | XacSecurity LLC | MNT 1,047,660,000 |
| 10 | Supply of A4 Paper, POS Systems, Ticket Window Paper and Receipt Folders to be Used for Internal Bank Activities | 17-Mar-21 | Bilguundariya LLC Ulaanbaatar print LLC | According to order amount |
| 11 | Supply of Android POS Systems to be Used for Internal Bank Activities | 6-Apr-21 | MM Systems LLC NubiSoft LLC | MNT 698,250,000 |
| 12 | External Audit Services | 19-Apr-21 | Ernst & Young | n/a |
| 13 | Supply of Power Backup Batteries to be Used for XacBank's Data Center Activities | 28-May-21 | Bodi Electronics LLC | MNT 78,654,400 |
| 14 | Supply of Heating and Cooling Equipment | 28-Jul-21 | Thermo Tech LLC | MNT 186,350,000 |
| 15 | Installation of Ventilation Systems | 28-Jul-21 | n/a | n/a |
| 16 | Interior Refurbishing Work (including comprehensive installation of Electric Cables, Switches and Local Networks) | 9-Aug-21 | Ger Bridge LLC Proline Systems LLC | n/a |
