Higher Education Loans Board Smart Card Payment Solution Expression of Interest

Higher Education Loans Board

Expression of Interest

EOI REF: HELB/EOI/06/2011 – 2012

Smart Card Payment Solution

The Higher Education Loans Board is a state corporation whose mandate is to source for funds and provide loans, scholarships and bursaries to Kenyans studying in recognized institutions of higher learning.

HELB has received proposals from several Banks, who have developed Smart Card payment systems in the previous past. HELB therefore wishes to explore the smart card payment solution for the disbursement of student
loans, bursaries and scholarships to universities.

HELB therefore invites interested Banks to submit their Expression of Interest for the provision of the Smart Card Payment Solution.

Interested Banks will be evaluated on their ability to demonstrate the following:

• The smart card should have at least three accounts (wallets) with restricted Point of Sale terminal usage,
• Automated loading of cash into the students smart cards,
• Ability to interface with the HELB systems,
• Card may be used by the universities as student identity card,
• Passwords enforced for each payment made from the card,
• Administration of the smart cards and the POS systems,
• Customized online and electronic management reports (detailed and summary) on all smart card operations, by card, university, POS outlet etc.
• Applicable costs

The Expression of Interest shall be enclosed in a plain sealed envelope clearly marked HELB/EOI/06/2011 – 2012:

PROVISION OF A SMART CARD PAYMENT SOLUTION should be deposited in the Tender Box at Anniversary Towers, 19th floor along University Way or sent by post to:-

The Board Secretary/C.E.O,
Higher Education Loans Board,
P. O. Box 69489 – 00400
Nairobi

So as to be received on or before Monday 23rd January 2012 at 11.00 a.m.

The EOI’s will be opened immediately thereafter in the presence of the candidates representatives who choose to attend at 11.15 a.m. at the main Boardroom on 19th floor, Anniversary Towers, University Way.

Only short listed Banks who meet the requirements stated above shall be invited to submit their proposals.