CCRIF SPC is looking for an experienced firm to provide consulting services for the Update, Testing and Operationalization of it’s Business Continuity Plan (BCP).
Scope of Works
- Part (i) Update CCRIF’s Business Continuity Plan (BCP). The updated BCP should meet best practices to cover identified existing and emerging risks facing the firm. The Plan should meet the needs of the current and proposed organizational structure to be implemented in 2023. The BCP should meet the full requirements of the Cayman Islands Monetary Authority’s Statement of Guidance on Business Continuity Management. The firm will refer to CCRIF’s existing BCP and conduct research and interviews to update the BCP proportionate to the business risks faced by CCRIF and tailored to the scale and scope of its operations.
- Part (ii) Develop policies and procedures for annual training and conduct a training workshop with all relevant parties.
- Part (iii) Develop and Implement policies and procedures to test the BCP and conduct a test of the BCP. Test results should be analysed to evaluate the effectiveness of the BCP and the Plan updated to reflect proposed improvements. Submission of a test report including amendments to the plan is and as needed.
- Part (iv) Prepare Information Request Forms, Self-Assessment Questionnaires (quarterly and annual as relevant) for submission of information required for CCRIF to update the BCP. Prepare a Compliance Checklist for completion by management on a quarterly basis to ensure compliance with the requirements of the BCP.
CCRIF SPC now invites interested Firms to submit a Technical Proposal for this assignment. Bidders must disclose conflicts of interest.
Bidders are asked to submit a technical proposal for this assignment and not to include proposed fees. Fees will be negotiated with the successful firm based on CCRIF’s budget for this assignment.
Bidders are asked to specifically address each Criteria in Section 2 in the technical proposal.
All firms interested in this opportunity should submit an application by email to: procurement@ccrif.org by deadline extended to January 13, 2023 January 6, 2023 at 23:45 Cayman Islands time.
Applicants will receive a confirmation of their submission via email
For additional information please contact us at: procurement@ccrif.org
