Provision of General and Life Insurance Cover Services

PROVISION OF GENERAL AND LIFE INSURANCE COVER SERVICES

PROVISION OF GENERAL AND LIFE INSURANCE SERVICES

Tender number: KIBU/827/0032/2026-27

Procuring entity: KIBABII UNIVERSITY

Procurement category: Non Consultancy Services

Procurement method: Open Tender

Bidding access: Open

Source of funds: GoK

Bid security: KES 50,000

Performance security: 10% of contract value

Technical evaluation: Scoring Basis

Evaluation basis: Grand total wise

Bid validity: 140 days

Clarifications until: 26 Sep 2026 11:00 (Nairobi time)

Published: 24 Sep 2026 14:10 (Nairobi time)

Closing: 06 Oct 2026 10:00 (Nairobi time)

Bid opening: 06 Oct 2026 10:01 (Nairobi time)

Eligibility documents required

- SELF-DECLARATION FORM SD1&2 - A BROKER MUST PROVIDE EVIDENCE OF UNDERWRITER AUTHORISATION - A COPY OF PERPETUAL LICENCE CERTIFIED BY INSURANCE REGULATORY AUTHORITY FOR THE UNDERWRITER FOR ALL THE INSURANCE CLASSES UNDER TENDER - THE PROPOSED UNDERWRITER MUST SUBMIT MEMBERSHIP CERTIFICATE FOR THE YEAR 2026 FROM ASSOCIATION OF INSURANCE(AKI) - DULY FILLED AND SIGNED UNDERWRITER QUOTATION AS PER TOR - A BROKER MUST PROVIDE CURRENT AND VALID COPY AS A MEMBER OF ASSOCIATION OF INSURANCE BROKERS OF KENYA(AIBK) FOR 2026 WHILE UNDERWRITER TO PROVIIDE AKI FOR 2026 - A BROKER MUST PROVIDE A PROFFESSIONAL INDEMNITY COVER OF AT LEAST KES 50000000 - A BROKER MUST HAVE A CURRENT AND VALID COPY OF REGISTRATION WITH INSURANCE REGULATORY AUTHORITY - COPY OF VALID BUSINESS PERMIT FOR THE PROPOSED UNDERWRITER AND THE BROKER OR THE UNDERWRITER - COPY OF VALID TAX COMPLIANCE CERTIFICATE FROM KRA FOR THE UNDERWRITER OR PROPOSED UNDERWRITER AND THE BROKER (VALID AS AT TENDER OPENING DATE) - WRITTEN CONFIRMATION OF HAVING PROPOSED ONLY ONE UNDERWRITER FOR THE BUSINESS - TENDER SECURITY OF KES. 50000 VALID FOR AT LEAST 170 DAYS. SELF-GUARANTEES NOT ACCEPTED. - COPY OF CERTIFICATE OF INCORPORATION FOR THE UNDERWRITER OR THE BROKER AND THE PROPOSED UNDERWRITER - COPY OF CERTIFICATE OF CONFIRMATION OF DIRECTORS AND SHAREHOLDING CR 12ISSUED WITHIN THE LAST 6 MONTHS PRIOR TO DATE OF TENDER OPENING) OR NATIONAL ID CARDS FOR SOLE PROPRIETORSHIPS AND PARTNERSHIPS - ATTACH COPY OF POWER OF ATTORNEY TO CONFIRM THAT THE PERSON SIGNING THE TENDER HAS BEEN LAWFULLY AUTHORIZED TO SIGN. - PROOF OF CURRENT RE-INSURANCE SLIPS - Table Header : - STATEMENT TENDERER'S RESPONSE NAME TITLE OR DESIGNATION DATE WE CONFIRM THAT THE INFORMATION GIVEN ABOVE IS CORRECT AND WE UNDERSTAND THAT GIVING FALSE INFORMATION WILL LEAD TO DI SQUALIFICATION OF OUR TENDER Table Footer : PERSON SIGNING THE TENDER SHALL HAVE THE POWER OF ATTORNEY GIVEN BY THE TENDERER. THE POWER OF ATTORNEY SHALL BE ATTACHED WITH THE TENDER SCHEDULES EVALUATION CRITERIA FOR PROVISION OF GENERAL AND LIFE INSURANCE : EVALUATION CRITERIA FOR PROVISION OF GENERAL AND LIFE INSURANCE Technical Evaluation Process :

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