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PROVISION OF STAFF MEDICAL INSURANCE COVER FOR FY 2016-17  

 

Tender Ref No KENINVEST/PROC/03/2015-2016  
Negotiation No Extension By 7 Days  
Publication Date Tue, May 24th 2016, 00:00  
Closing Date Tue, May 31st 2016, 11:00  
Opening Date Tue, May 31st 2016, 11:00  
Tender Details The Kenya Investment Authority invites sealed tenders from eligible and competent Underwriters for the Provision of Staff Medical Insurance Cover. Tender Documents detailing the requirements may be obtained from KenInvest website (www.investmentkenya.com and the e-procurement government supplier portal (www.supplier.treasury.go.ke) free of charge Bidders who download the tender document are advised to register their details with Kenya Investment Authority at the Procurement Office rd Floor, Kenya Railways Headquarters, Block ‘D’, Workshops Road, off Haile Selassie Avenue during normal working hours. Tender documents shall be accompanied by the following Mandatory (Statutory) requirements for Preliminary/Mandatory evaluation:- 1. Valid Tax compliance certificate 2. NSSF Compliance Certificate 3. List of Directors with respective shareholding & details of citizenship. 4. Audited Accounts for the last three years (i.e. within the period of 2012 to 2015 which must be signed by the auditors and directors.) with current ratio of 2:1 at least for the 3rd year. 5. Evidence/proof of having done annual gross premiums in previous year 2015 of not less than Kshs. 500 Million. 6. Evidence/proof of recommended underwriter having paid-up capital of at least Kshs. 300 Million (authenticated by IRA) 7. Certificate of Company Registration under the Companies Act, Cap 486 and in existence for at least Five (5) years 8. Current Registration Certificate as Insurance Underwriter issued by the Insurance Regulatory Authority (IRA) for the current year 2016. A certified copy must be attached. 9. Current membership certificate (2016) with Association of Kenya Insurers (AKI). A certified copy must be attached. 10. Original bid bond / tender security of Kenya Shillings Two Hundred Thousand (Kshs 200,000) valid for 120 days from the date of closing date the tender from a reputable bank. 11. Professional Indemnity Cover of not less than Kshs. 10 million shillings. 12. Statement of verification that the Firm is not debarred in the Matter of Public Procurement and Disposal Act 2015. Prices quoted should be net inclusive of all taxes, and delivery costs, must be in Kenya Shillings and shall remain valid for 90 days from the closing date of the tender. Completed tender documents in plain sealed outer envelope enclosing separately sealed and clearly marked inner envelopes of ‘technical’ and ‘financial’ bids (in “original” and “copy” PROPERLY BOUND) ALL clearly marked KenInvest Tender No. KENINVEST/PROC/03/2015-2016: Tender for Provision of Medical Insurance Cover as per instructions in the tender documents and addressed to:- The Managing Director Kenya Investment Authority P.O. Box 55704 - 00200 NAIROBI. Should be deposited in the Tender Box on 3rd Floor, Kenya Railways Headquarters, Block ‘D’, Workshops Road, off Haile Selassie Avenue, Nairobi on or before 11.00a.m local time on 26th May, 2016. Tender documents will be opened immediately thereafter in the Conference Room on 04th floor, Kenya Railways Headquarters, Block ‘D’, Workshops Road, Nairobi in the presence of bidders or representatives who choose to attend. The Kenya Investment Authority reserves the right to accept or reject any tender in whole or in part without giving reasons for its decision.  
Primary Category Services  
Tender Type Purchase  
Obtaining Documents Tender Documents detailing the requirements may be obtained from KenInvest website (www.investmentkenya.com and the e-procurement government supplier portal (www.supplier.treasury.go.ke) free of charge  
Application Fee 0.000  
Opening Venue Kenya Railways Headquarters, Block D, 3rd Floor  
Submission Process Completed tender documents in plain sealed outer envelope enclosing separately sealed and clearly marked inner envelopes of ‘technical’ and ‘financial’ bids (in “original” and “copy” PROPERLY BOUND) ALL clearly marked KenInvest Tender No. KENINVEST/PROC/03/2015-2016: Tender for Provision of Medical Insurance Cover as per instructions in the tender documents and addressed to:- The Managing Director Kenya Investment Authority P.O. Box 55704 - 00200 NAIROBI. Should be deposited in the Tender Box on 3rd Floor, Kenya Railways Headquarters, Block ‘D’, Workshops Road, off Haile Selassie Avenue, Nairobi on or before 11.00a.m local time on 26th May, 2016. Tender documents will be opened immediately thereafter in the Conference Room on 04th floor, Kenya Railways Headquarters, Block ‘D’, Workshops Road, Nairobi in the presence of bidders or representatives who choose to attend. The Kenya Investment Authority reserves the right to accept or reject any tender in whole or in part without giving reasons for its decision.  
Tender Documents Download Document