Auto-extracted from the official tender document
Minimum financial criteria bidders must meet
FINANCIAL YEAR 25/26 – 26/27 (OPEN TO REGISTERED INSURANCE BROKERAGE FIRMS REGISTERED AND OPERATING IN KENYA) - RETENDER TENDER DOCUMENTS FOR PROCUREMENT OF INSURANCE SERVICES MARCH, 2026 Page 1 of 333 Table of Contents SELF DECLARATION THAT THE PERSON/TENDERER IS NOT DEBARRED IN THE MATTER OF THE Page 2 of 333 Page 3 of 333 Provides indemnity against loss or damage to specified items. This includes fire, theft, riot & strike and any Page 4 of 333 INVITATION TO TENDER 1. PROCURING ENTITY: Rural Electrification and Renewable Energy Corporation (REREC) P.O Box 34585 – 00100 Nairobi CONTRACT NAME AND DESCRIPTION: RFX 1000001541: Provision of Insurance Services for the Financial Year 25/26– 26/27 (Open to Registered Insurance Brokerage Firms Registered and Operating in Kenya) as indicated below; Item Description of Insurance Cover No. Lot 1 Medical Insurance Lot 2 Provision of Group Life Cover Lot 3 Provision of WIBA/Group Personal Accident Cover Lot 4 Provision of General Insurance Cover for REREC- Offices, Stores, Energy centers & Motor vehicles Lot 5 Provision of General Insurance Cover – Garissa Solar Plant Lot 6 Provision of General Insurance Cover Solar Installation facilities in Primary Schools Lot 7 Provision of General Insurance Cover For Genset Power Stations Lot 8 Provision of General Insurance Cover For Minigrids 2. Tendering will be conducted under National open competitive method using a standardized tender document. Tendering is open to all qualified and interested Tenderers. 3. Qualified interested tenderers may obtain further information during office 8.00am- 12.45pm to 1.45pm-4.00pm Monday to Friday at the address given below. 4. A complete set of tender documents may be viewed and downloaded by interested tenderers free of charge electronically from the Website www.rerec.co.ke under tender documents March, 2026 or through the e-procurement portal using https://suppliers.rea.co.ke:44300/irj/portal 5. Tenderers who are not yet registered with REREC must register their companies in order to participate in the tender using link below that can be found from the website www.rerec.co.ke Procurement-Supplier registration:https://suppliers.rea.co.ke:44200/supportal(bD1lbiZjPTUwMCZkPW1pb g==)/bspwd application.do#VIEW_ANCHOR-ROS_TOP 6. All Tenders must be accompanied by a tender Security as indicated in the tender document. 7. The Tenderer shall chronologically serialize all pages of the tender document submitted. 8. Completed tenders must be delivered to the address below on or before 24/04/2026 at 10.00am. 9. Only Electronic Tenders will be permitted. 10. Tenders will be opened immediately after the deadline date and time specified above or any dead line date and time specified later. Tenders will be publicly opened in the presence of the Tenderers' designated representatives who choose to attend at the address below and the results relayed electronically. 11. Late tenders will be rejected. Page 5 of 333 12. The addresses referred to above are: Address for obtaining further information on tender documents: for hand Courier bid security Delivery to an office or Tender Box (Nairobi, Off Popo Road, Kawi Complex, Ground floor). Contact Manager, Supply chain management, telephone number: 0709193000 and e-mail address: tenders@rerec.co.ke Address for Submission of Tenders: Online Through https://suppliers.rea.co.ke:44300/irj/portal Address for Opening of Tenders. Online Designation: Chief Executive Officer Signature:………………………………. Page 6 of 333 PART 1 - TENDERING PROCEDURES Page 7 of 333 SECTION I - INSTRUCTIONS TO TENDERERS A. General 1. Scope of Tender 1.1 This tendering document is for the delivery of Insurance services, as specified in Section V, Procuring Entity's Schedule of Requirements. The name of the Procuring Entity, name and identification and number of this tender are specified in the TDS. 2. Definitions 2.1 Throughout this tendering document: - a) The term “in writing” means communicated in written form (e.g. by mail, e-mail, including if specified in the TDS, distributed or received through the electronic procurement system used by the Procuring Entity) with proof of receipt; b) If the contexts require, “singular” means “plural” and vice versa; and c) “Day” means calendar day, unless otherwise specified as “Business Day”. A Business Day is any day that is an official working day of the Procuring Entity. It excludes the Procuring Entity's official public holidays. 2.2 The successful Tenderer will be expected to commence providing the Insurance Services by Date provided in the TDS. The insurance duration for each item will be one year or the period specified in the TDS. 3. Fraud and Corruption 3.1 The Procuring Entity requires compliance with the provisions of the Public Procurement and Asset Disposal Act, 2015, Section 62 “Declaration not to engage in corruption”. The tender submitted by a person shall include a declaration that the person shall not engage in any corrupt or fraudulent practice and a declaration that the person or his or her subcontractors are not debarred from participating in public procurement proceedings.
SECTION I - INSTRUCTIONS TO TENDERERS A. General 1. Scope of Tender 1.1 This tendering document is for the delivery of Insurance services, as specified in Section V, Procuring Entity's Schedule of Requirements. The name of the Procuring Entity, name and identification and number of this tender are specified in the TDS. 2. Definitions 2.1 Throughout this tendering document: - a) The term “in writing” means communicated in written form (e.g. by mail, e-mail, including if specified in the TDS, distributed or received through the electronic procurement system used by the Procuring Entity) with proof of receipt; b) If the contexts require, “singular” means “plural” and vice versa; and c) “Day” means calendar day, unless otherwise specified as “Business Day”. A Business Day is any day that is an official working day of the Procuring Entity. It excludes the Procuring Entity's official public holidays. 2.2 The successful Tenderer will be expected to commence providing the Insurance Services by Date provided in the TDS. The insurance duration for each item will be one year or the period specified in the TDS. 3. Fraud and Corruption 3.1 The Procuring Entity requires compliance with the provisions of the Public Procurement and Asset Disposal Act, 2015, Section 62 “Declaration not to engage in corruption”. The tender submitted by a person shall include a declaration that the person shall not engage in any corrupt or fraudulent practice and a declaration that the person or his or her subcontractors are not debarred from participating in public procurement proceedings. 3.2 The Procuring Entity requires compliance with the provisions of the Competition Act 2010, regarding collusive practices in contracting. Any tenderer found to have engaged in collusive conduct shall be disqualified and criminal and/or civils actions may be imposed. To this effect, Tenders shall be required to complete and sign the “Certificate of Independent Tender Determination” annexed to the Form of Tender. 3.3 Unfair Competitive Advantage -Fairness and transparency in the tender process require that the firms or their Affiliates competing for a specific assignment do not derive a competitive advantage from having provided consulting services related to this tender. To that end, the Procuring Entity shall indicate in the TDS and make available to all the firms together with this tender document all information that would in that respect give such firm any unfair competitive advantage over competing firms. 3.4 Tenderers shall permit and shall cause their agents (where declared or not), subcontractors, sub-consultants, service providers, suppliers, and their personnel, to permit the Procuring Entity to inspect all accounts, records and other documents relating to any initial selection process, pre- qualification process, tender submission, proposal submission, and contract performance (in the case of award), and to have them audited by auditors appointed by the Procuring Entity. 4. Eligible Tenderers 4.1 A Tenderer may be a firm that is a private entity, a state-owned enterprise or institution subject to ITT 4.7 or any combination of such entities in the form of a joint venture (JV) under an existing agree mentor with the intent to enter into such an agreement supported by a letter of intent. Only Insurance service providers registered by Insurance Regulatory Authority are eligible to tender and sign contracts. In the case of a joint venture, all members shall be jointly and severally liable for the execution of the entire Contract in accordance with the Contract terms. The JV shall nominate a Representative who shall have the authority to conduct all business for and on behalf of any and all the members of the JV during the tendering process and, in the event the JV is awarded the Contract, during contract execution. Members of a joint venture may not also make an individual tender, be a subcontractor in a separate tender or be part of another joint venture for the purposes of the same Tender. The maximum number of JV members shall be specified in the TDS. 4.2 Public Officers of the Procuring Entity, their spouse, child, parent, brother, sister, child, parent or sister of a spouse, their business associates or agents and firms/organizations in which they have a substantial or controlling interest shall not be eligible to tender or be awarded a contract. Public Officers are also not allowed to participate in any procurement proceedings. 4.3 A Tenderer shall not have a conflict of interest. Any Tenderer found to have a conflict of interest shall be disqualified. A Tenderer may be considered to have a conflict of interest for the purpose of this Tendering process, if the Tenderer: a) Directly or in directly controls, is controlled by or is under common control with another Tenderer; or b) Receives or has received any direct or indirect subsidy from another Tenderer; or c) Has the same legal representative as another Tenderer; or d) Has a relationship with another Tenderer, directly or through common third parties, that puts it in a position to influence the Tender of another
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