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TENDER FOR REQUEST FOR PROPOSAL FOR PROVISITION OF VALUATION OF FIXED ASSETS FOR CENTRAL BANK OF KENYA

Tender Number
CBK/124/2025-2026
Submission Deadline
24 Apr 2026
2 days left
Procuring Entity
Central Bank of Kenya
Bid Bond Amount
Ksh 50,000

Tender Requirements

Auto-extracted from the official tender document

Submission Deadline
24th April, 2026 at 10:30
Bid Bond Form
Not specified
Bid Bond Validity
170 days
Bid Validity Period
140 days
Submission Method
Physical (Tender Box)
Number of Bid Copies
One copy
Pre-Bid Meeting
Not specified
Pre-Bid Link
Not specified
Clarification Deadline
Not specified
Mandatory Site Visit
Yes

Financial Qualifications

Minimum financial criteria bidders must meet

Min Annual Turnover
Not specified
Min Liquid Assets
Not specified
Min Single Contract Value
Not specified
Min Combined Contract Value
Not specified
Cash Flow Requirement
Not specified
Audited Financials
2 years (2023, 2024)
View raw qualification text
a Contract(s) only if they can establish that they: (i) are legally and financially autonomous; (ii) operate under
Commercial law; and (iii) are not under supervision of the Procuring Entity.
4.8 Firms and individuals may be ineligible if (a) as a matter of law or official regulations, Kenya prohibits
commercial relations with that country, or (b) by an act of compliance with a decision of the United Nations
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Security Council take under Chapter VII of the Charter of the United Nations, Kenya prohibits any import of
goods or contracting of works or services from that country, or any payments to any country, person or entity in
that country.
4.9 A Tenderer shall be deemed to have the nationality of a country if the Tenderer is constituted, incorporated or
registered in and operates in conformity with the provisions of the laws of that country, as evidenced by its articles
of incorporation (or equivalent documents of constitution or association) and its registration documents, as the
case may be. This criterion also shall apply to the determination of the nationality of proposed subcontractors or
sub consultants for any part of the Contract including related Services.
4.10 Foreign tenderers are required to source at least forty (40%) percent of their contract inputs (in supplies,
subcontracts and labor) from national suppliers and contractors. To this end, a foreign tenderer shall provide in
its tender documentary evidence that this requirement is met. Foreign tenderers not meeting this criterion will be
automatically disqualified. Information required to enable the Procuring Entity to determine if this condition is
met shall be provided in for this purpose is be provided in “SECTION III-EVALUATION AND QUALIFICATION
CRITERIA, Item 9”.
4.11 Pursuant to the eligibility requirements of ITT 4.10, a tender is considered a foreign tenderer, if the tenderer
is not registered in Kenya or if the tenderer is registered in Kenya and has less than 51 percent ownership by
Kenyan citizens. JVs are considered as foreign tenderers if the individual member firms are not registered in
Kenya or if are registered in Kenya and have less than 51 percent ownership by Kenyan citizens. The JV shall
not sub contract to foreign firms more than 10 percent of the contract price, excluding provisional sums.
4.12 The Competition Act of Kenya requires that firms wishing to tender as Joint Venture undertakings which
may prevent, distort or lessen competition in provision of services are prohibited unless they are exempt in
accordance with the provisions of Section 25 of the Competition Act, 2010. JVs will be required to seek for
exemption from the Competition Authority. Exemption shall not be a condition for tender, but it shall be a
condition of contract award and signature. A JV tenderer shall be given opportunity to seek such exemption as a
condition of award and signature of contract. Application for exemption from the Competition Authority of
Kenya may be accessed from the website www.cak.go.ke
4.13 A Tenderer may be considered ineligible if he/she offers goods, works and production processes with
characteristics that have been declared by the relevant national environmental protection agency or by other
competent authority as harmful to human beings and to the environment shall not be eligible for procurement.
4.14 A Kenyan tenderer shall be eligible to tender if it provides evidence of having fulfilled his/her tax
obligations by producing a valid tax compliance certificate or tax exemption certificate is sued by the Kenya
Revenue Authority.
5 Qualification of the Tenderer

Key Requirements

SECTION I -INSTRUCTIONS TO TENDERERS
A. General
1. Scope of Tender
1.1 This tendering document is for the delivery of Non-Consulting Services, as specified in Section V, Procuring
Entity's Requirements. The name, identification and number of this tender are specified in the TDS.
2. Throughout this tendering document:
2.1 The terms:
a) The term “in writing” means communicated in written form (e.g., by mail, e-mail, fax, 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 or esquires, “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 complete the performance of the Services by the Intended
Completion Date provided 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 (the Act), 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 sub-contractors 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 civil sanctions 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 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. The Procuring Entity shall indicate in the TDS firms (if any) that
provided consulting services for the contract being tendered for. The Procuring Entity shall check whether the
owners or controllers of the Tenderer are same as those that provided consulting services. The Procuring Entity
shall, upon request, make available to any tenderer information that would give such firm unfair competitive
advantage over competing firms.
4. Eligible Tenderers
4.1 A Tenderer may be a firm that is a private entity, a state-owned entity or institution subject to ITT 4.6, or any
combination of such entities in the form of a Joint Venture (JV) under an existing agreement or with the intent to
enter into such an agreement supported by a Form of intent. 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
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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 sub contract or 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 Spouses, Child, Parent, Brothers or Sister. Child, Parent, Brother
or Sister of a Spouse in which they have a substantial or controlling interest shall not be eligible to tender or be
awarded 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 indirectly 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
Key Personnel
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Key Equipment
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