Procurement of Fund Managers for the Financial Inclusion Fund for a Period of Three Years

PROCUREMENT OF FUND MANAGERS FOR THE FINANCIAL INCLUSION FUND FOR A PERIOD OF THREE YEARS

Tender number: FIF/1204/0026/2026-27

Procuring entity: FINANCIAL INCLUSION FUND

Procurement category: Non Consultancy Services

Procurement method: Open Tender

Bidding access: Open

Source of funds: GoK

Technical evaluation: Combination of Both

Evaluation basis: Item wise

Bid validity: 126 days

Clarifications until: 09 Oct 2026 10:00 (Nairobi time)

Published: 05 Oct 2026 16:00 (Nairobi time)

Closing: 13 Oct 2026 10:00 (Nairobi time)

Bid opening: 13 Oct 2026 10:01 (Nairobi time)

Eligibility documents required

- SELF - DECLARATION FORM - SD 1&2 - BIDDERS MUST PROVIDE A CERTIFIED COPY OF CERTIFICATE OF INCORPORATION FROM THE REGISTRAR OF COMPANIES - EVIDENCE OF HAVING A MINIMUM OF TEN BILLION (10,000,000,000.00) AS ASSET UNDER MANAGEMENT FOR KENYA PENSIONS SCHEME CLEARLY GIVING A TABULATION OF ASSET UNDER MANAGEMENT PER CLIENT - A COPY OF CURRENT/VALID TAX COMPLIANCE CERTIFICATE ISSUED BY THE KENYA REVENUE AUTHORITY CERTIFIED BY COMMISSIONER OF OATHS. - DULY FILLED, SIGNED AND STAMPED CONFIDENTIAL BUSINESS QUESTIONNAIRE - BIDDERS MUST PROVIDE CERTIFIED VALID COPY OF 2026 SINGLE BUSINESS PERMIT FOR THE HEAD OFFICE AND COUNTIES WHERE ITS OPERATIONAL (CERTIFIED BY THE COMMISSIONER OF OATHS.) - CERTIFIED COPY OF VALID REGISTRATION CERTIFICATE FROM RETIREMENT BENEFITS AUTHORITY AS A FUND MANAGER CERTIFIED BY COMMISSIONER OF OATHS. - CERTIFIED COPY OF VALID REGISTRATION /LICENSE CERTIFICATE AS A FUND MANAGER FROM THE CAPITAL MARKETS AUTHORITY CERTIFIED BY COMMISSIONER OF OATHS. - PROVIDE A VALID FIRM’S TEAM LEADER MEMBERSHIP IN GOOD STANDING WITH ICIFA IN ADDITION TO A VALID FIRM’S MEMBERSHIP WITH ICIFA CERTIFIED BY COMMISSIONER OF OATHS. - PROVIDE A CERTIFIED COPY OF CERTIFICATE OF REGISTRATION FROM THE OFFICE OF THE DATA PROTECTION COMMISSIONER FOR DATA CONTROLLER AND DATA PROCESSOR - BIDDERS MUST PROVIDE VALID NSSF COMPLIANCE CERTIFICATE CERTIFIED BY A COMMISSIONER OF OATHS, HIGH COURT OF KENYA - CR12 FOR LIMITED COMPANIES NOT OLDER THAN 3 MONTHS, AS AT THE DATE OF THE TENDER OPENING). - PROVIDE EVIDENCE OF VALID PROFESSIONAL INDEMNITY INSURANCE OF AT LEAST KSHS FIVE HUNDRED MILLION (500,000,000.00) - ORIGINAL BID SECURITY OF KENYA SHILLINGS THIRTEEN THOUSAND THREE HUNDRED ONLY (KSHS. 13,300.00) FROM A REPUTABLE FINANCIAL INSTITUTION IN KENYA VALID FOR 30DAYS BEYOND THE TENDER VALIDITY PERIOD - DULY FILLED, SIGNED AND STAMPED DECLARATION AND COMMITMENT TO THE CODE OF ETHICS - PROOF OF TENANCY OF ITS HEAD OFFICE /BRANCH IN THE COUNTIES - LETTER OF POWER OF ATTORNEY GIVING THE FULL NAME AND A SAMPLE OF THE SIGNATURE FOR THE OFFICER AUTHORIZED TO SIGN THE BID DOCUMENT - COMMITMENT LETTER AUTHORISING TO OBTAIN CONFIDENTIAL INFORMATION CONCERNING YOUR COMPANY/ FIRM FROM YOUR CLIENTS CERTIFIED BY COMMISSIONER OF OATHS. - COMMITMENT LETTER SHOWING WILLINGNESS TO NEGOTIATE DOWNWARDS ON THE FUND MANAGEMENT FEES QUOTED ON THE TENDERER’S BID DOCUMENTS CERTIFIED BY COMMISSIONER OF OATHS. - DULY FILLED, SIGNED AND STAMPED SELF- DECLARATION FORM THAT THE TENDERER IS NOT DEBARRED BY PUBLIC PROCUREMENT REVIEW AUTHORITY (PPRA). - MUST HAVE A BRANCH, AFFILIATE OR SUBSIDIARY IN AT LEAST 5 OTHER COUNTIES OUTSIDE OF NAIROBI COUNTY AND AT LEAST ONE STAFF IN THE BRANCH MUST HAVE CISI OR CFA OR ICIFA QUALIFICATION - BIDDERS MUST SUBMIT COPIES OF AUDITED FINANCIAL STATEMENTS FOR THE LAST THREE (3) YEARS 2023,2024 AND 2025 SIGNED AND STAMPED BY A REGISTERED FIRM WITH A VALID PRACTICING LICENSE - DULY FILLED SIGNED AND STAMPED SELF DECLARATION FORM THAT THE TENDERER WILL NOT ENGAGE IN ANY CORRUPT OR FRAUDULENT PRACTICE. NOTE THAT ALL BLANK SPACES MUST BE FILLED WITH THE INFORMATION REQUIRED - Table Header : - KEY ACTIVITY NO. INFORMATION/DESCRIPTION Table Footer : - TECHNICAL EVALUATION YES/NO TABLE : TECHNICAL EVALUATION YES NO FORM Technical Evaluation Process :

- Consider for Technical Evaluation:

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