TENDER FOR REQUEST FOR PROPOSAL FOR PROVISION OF ACTUARIAL SERVICES FOR VALUATION OF PENSION FUND FOR CENTRAL BANK OF KENYA FOR A PERIOD OF THREE (3) YEARS

Valuation of Pension Fund for Central Bank of Kenya for a period of three financial years, 2025-
2026, 2026-2027, and 2027-2028.
2. Tendering will be conducted under open competitive method using a standardized tender document.
Tendering is open to all qualified and interested Tenderers.
3. Qualified and interested tenderers may obtain further information and inspect the Tender Document
during office hours (Monday to Friday) between 9:00 am and 5:00 pm at the address given below. More
details on the Services are provided in PART 2 - Services' Requirements, Section V - Description of
Services of the Tender Document.
4. A complete set of Tender documents may be obtained electronically for free from the Central Bank of
Kenya website: www.centralbank.go.ke OR PPIP website: www.tenders.go.ke. Tenderers who
download the tender document must forward their particulars immediately to
supplies@centralbank.go.ke to facilitate any further clarification or addendum;
5. Prices quoted should be net inclusive of all taxes, must be in Kenya Shillings and shall remain valid for
140 days from the closing date of the tender
6. Tenders must be accompanied by a Tender Security of Kshs. 50,000.00, valid for 170 days in the form
provided in this tender document.
7. The Tenderer shall chronologically serialize all pages of the tender documents submitted.
8. Completed tenders must be delivered to the address below on or before 17th April, 2026 at 10:30 A.M.
Electronic Tenders will not be permitted.
9. Tenders will be opened immediately after the deadline date and time specified above or any deadline 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. Bidders’ representatives and other persons
who choose to attend the tender opening session will be required to have introduction letters and personal
identification documents (National ID/Passport).
10. Late tenders will be rejected.
11. The addresses referred to above are:
a. Address for obtaining further information
Director, General Services Department,
Central Bank of Kenya, Haile Selassie Avenue,
P. O. Box 60000 Nairobi Kenya,
Tel: +254 20 2861000/2860000,
Email: supplies@centralbank.go.ke
b. Address for Submission of Tenders
Central Bank of Kenya, Head Office,
Along Haile Selassie Avenue,
Deposit in the Green Tender Box No. 3
c. Address for Opening of Tenders
Central Bank of Kenya, Head Office,
Presentation room, 6th floor
Deputy Director/Head of Procurement
General Services Department
Page 4 of 96
C2: CBK - Official
PART 1 - TENDERING PROCEDURES
Page 5 of 96
C2: CBK - Official
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 Tender Data Sheet
(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.

[]

[{"equipment_type": "FORM PER - 1"}]