NEPSE Invites Tender for Data Center Equipment with NPR 400,000 Deposit Requirement
21st August 2025, Kathmandu
The Nepal Stock Exchange (NEPSE) has announced a tender for the procurement of firewalls, servers, and switches to upgrade its data center infrastructure.
NEPSE Invites Tender
The Nepal Stock Exchange (NEPSE) has announced a tender for the procurement of firewalls, servers, and switches to upgrade its data center infrastructure. To participate, bidders must submit a deposit of NPR 400,000. The deadline for proposals is September 21, 2025, at 12:00 PM, with proposals being opened at 1:00 PM the same day. NEPSE requires a single submission containing both the technical and financial proposals.
Tender Details and Requirements
The tender notice for this procurement is a significant move by NEPSE to enhance the security and efficiency of Nepal’s only stock exchange. The required NPR 400,000 bid deposit is a standard practice to ensure that only serious and capable bidders, who are financially stable, participate in the process. This deposit acts as a guarantee, holding bidders accountable for their submissions.
The procurement process has a strict and transparent timeline. The proposals must be submitted by noon on the specified date, and the bid opening will commence just one hour later. This close timing ensures efficiency and reduces the chance of any last-minute manipulations. By requiring both the technical and financial proposals to be submitted together, NEPSE can make a more holistic evaluation. This prevents a scenario where the lowest bidder is selected without proper consideration of the quality, reliability, and technical specifications of their proposed equipment. The goal is to secure a provider that offers the best balance of cost-effectiveness and high-performance solutions.
Why These Upgrades are Crucial for NEPSE
Modernizing NEPSE’s data center is essential for its continued operation and for fostering a secure and trustworthy capital market.
Cybersecurity: The new firewalls are vital to bolster the exchange’s defense against a growing number of cyber threats, protecting sensitive investor data and ensuring the integrity of the trading platform.
Operational Reliability: Procuring new servers will enhance system stability and reduce the likelihood of downtime, which is critical for a high-stakes environment like a stock exchange. This will ensure smoother trading operations, especially during peak hours.
Network Efficiency: The new switches will optimize data traffic management. This leads to faster connectivity between different systems, ensuring trades are executed with greater speed and efficiency.
These upgrades collectively contribute to a more robust, transparent, and reliable trading ecosystem, which in turn boosts investor confidence.
Opportunities and Transparency
This tender presents a valuable opportunity for IT service providers and hardware suppliers in Nepal. Securing this contract would not only mean a significant business deal but also enhance a company’s reputation by partnering with a key national institution. While the deposit requirement might deter smaller companies, it guarantees a higher quality of bids from established and credible vendors. NEPSE’s public announcement of the tender, including all key dates and requirements, underscores its commitment to fairness and transparency in its procurement processes. This open approach encourages competitive bidding, which ultimately benefits the exchange by securing the best possible technology at the most favorable prices.
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